Texas Real Estate Commission
Sale of Equitable Interests in Real Estate Clarified
Governor Abbott Has Signed SB 2212
SB 2212 amends Chapter 1101 to codify the clarifying changes to TREC rules regarding sale of certain equitable interests in real property.
Just like the rule, this statutory change clarifies that a person selling or offering to sell an option or assigning an interest in a contract to purchase real property must accurately disclose to potential buyers the nature of the interest offered. If a person offers a property for sale when the person does not own the property, that person is engaged in brokerage and must be licensed to do so. This is the current law.
If a person offers to sell an option or assign an interest in a contract on a property, the person must accurately describe the interest being offered. The same requirement for accuracy is added in the Property Code. The practice of “wholesaling” remains legal if these “truth in advertising” rules are adhered to.
If your are a UN-Licensed wholesaler you are breaking the law and have been with every assignment or contract you have sold, look out you could easily be liable for any past transactions! If you have not found an expert REAL ESTATE BROKER who understands this and can help you stay in business you can call E-Team Austin Realty Today! 512-554-8554. If you are about to or thinking of buying from a wholesaler STOP! It is imperative you call us before you find yourself on the hook for a home without the proper disclosures and notices. Call and ask for Michael @ 512-554-8554
Vacation golf community ideally located less than 10 minutes’ drive to Disney World – one of the best golf course communities in the Orlando vacation homes area with three courses and tons of amenities.
Located next to the Omni Champions Gate Golf Resort, are vacations townhomes with prices starting from the high $200s – including many extras that cost more with most builders. Resort-style amenities in an upscale and welcoming gated community. Town homes will range from four to five bedrooms and three to four baths.
Offering short or long-term vacation rental homes, owners will be able to use the extensive amenities at including 84,000 square feet of deck space with lazy river pool, children’s splash pad, sand volleyball, large “quiet” pool, tiki bar and spa. Enjoy a full-service restaurant and bar, business center, fitness center, movie theater, kids’ arcade room, aerobics room and yoga studio. Spend the day at one of seven tennis courts or at the golf pavilion offering a putting green and driving range
Located off 1-4 and only minutes from the Walt Disney World Resort, the ideal location for your vacation home. Several major highways link to the surrounding areas for easy accessibility to major outlet shopping centers, Orlando’s International Drive and area airports.
- Granite countertops
- 18″ tile throughout living areas
- Paver driveways and walkways
- Rounded corners
- Steel appliances
- Screened swimming pools with pool heaters.
- Double glazed throughout.
- On-site clubhouse with restaurant.
- Pricing from the high $200s to low $300s
- Square footage from 1,914 to 2,128
- Bedrooms from 4 to 5
- Bathrooms from 3 to 4
Resort-style single family homes in Davenport from the high $200s!
Crofton Springs at Providence is a resort vacation destination in itself! Park Square Homes is proud to feature our NEW Resort Series of homes, offering 4 to 10 bedrooms. Generous open living areas and elegant features add to Crofton Springs feeling of true exclusivity in one of the most luxurious Orlando resorts.
Experience a vacation like no other in your very own retreat in Crofton Springs at Providence Resort!
- Gated Entrance
- Recreational, Green and Common Areas
- Luxury Clubhouse
- Restaurant / Lounge
- Resort Pool
- Tennis Courts
- Fitness Center and Volleyball Court
- Children’s Playground and Picnic Area
- Michael Dasher designed 18-hole Championship Golf Course
Nestled on 20 acres of pristine Florida nature, The Retreat offers residents an escape from the everyday.
The Retreat is part of the Dream resort, an eco-friendly resort style community located in the heart of the vacation capital of the world, the Four Corners region of greater Orlando, Florida.
The Retreat offers 88 Eco-Friendly vacation homes complete with calming views and distinctive features throughout. A secluded natural setting adds a special ambience to these 21st century properties all within minutes of major Orlando attractions. Each one shares The Retreat ECO-CLUB.
FLOORPLANS & SPECS:
- 2,153 total sq foot
- 200 sq metres
- 3 bedrooms
- 3 bathrooms
- Private pool
- Open plan kitchen and living area
- Sun deck
Resort-style single family homes in Kissimmee from the Mid $300s!
BellaVida Resort offers private, peaceful living in the heart of one of the most desirable destinations in the world. BellaVida proudly introduces our new Pacific Collection of homes, showcasing the latest in design trends. These exquisite home designs range from 1,939 square feet up to 4.219 square offering 4 to 10 bedrooms! This stylish community is mere minutes from World-famous shopping and attractions, yet secluded enough to provide a truly serene sanctuary.
Enjoy a vacation community like no other in BellaVida Resort by Park Square Homes!
- Pools Included with Each Home
- 25-ft. Entry Waterfall
- Gated Entrance
- Walking Trails
- Formal Garden Areas
- Close to Shopping
- 6700-sq.-ft. Clubhouse
- Spacious Lounge
- Movie Theatre
- Cyber Cafe
- Fitness Center
- Basketball Court
- Sand Volleyball Court
- Resort Pool and Spa
- Tot Lot
World-famous theme parks and attractions, sun-soaked golf courses, countless shops and restaurants just minutes from your home.
Homes include bedrooms with private ensuites, heated pools, designer ceramic tile and much more. Amenities include a gated entry, luxury clubhouse and cabanas, resort-style pool, volleyball courts, tennis courts and outdoor recreation areas.
Resort-style single family homes in Davenport from the $300s!
Solterra Resort is designed with style, value and tranquility in mind. This gorgeous community offers a chance for everyone to enjoy what they love about Orlando. World-famous attractions, sun-soaked golf courses, countless shops and restaurants—all just minutes from your home.
With plenty of room for all, our spectacular home designs offer 4 to 14 bedrooms and range from 1,939 sq.ft. up to 6,257 sq.ft. A Solterra Resort home will provide maximum style and exceptional value. The vacation home of your dreams can become a beautiful reality in Solterra Resort.
New Orlando vacation homes from the $200s, minutes to Disney & Orlando attractions. Brand new three to five bedroom townhomes. Live full time or use as a vacation home and rent to vacationers when not in residence
At the doorsteps to Disney’s Magic Kingdom®, Minto introduces Festival, designed and priced to make your dreams of owning the ideal Florida vacation home come true. With the option to place your residence with a short-term rental agency, Festival represents an opportunity to own a vacation home that can work for you year round!
- Private gated neighborhoods
- 200 acres of beautiful natural Florida woodlands and lakes
- Amazing resort amenities
- Specifically designed vacation homes perfect for families, friends and larger group gatherings.
- Spacious villas that feature 3 to 5 bedrooms
- Expansive island kitchen, dining and living areas
- Private screened lanai and optional personal plunge pool and cabana bath
- Golf, shopping and dining nearby
- Low HOA fees
- Convenient access to I-4
Orlando’s Newest Vacation Resort Community at the doorsteps to Disney’s Magic Kingdom®, Minto Resorts designed and priced to make your dreams of owning the ideal Orlando, Florida home come true. With the option of short-term rentals, Festival represents an incredible income-producing opportunity. Don’t miss your chance to own a vacation home that can work for you year round!
Tons of Resort Amenities
General Store • Ice Cream Parlor • Arcade • Florida-style Bar & Grill • Fitness Center • Heated Swimming Pool • Private Cabanas • Kids Waterpark • Putt-Putt Golf Course • Volleyball Court
Brand new resort homes minutes to Disney World. Live full time or part time. Easy to rent to vacationers when not in residence for fabulous income. Enjoy Orlando’s beautiful year-round weather, low cost-of-living and no state income tax.
With floorplans of 2,400 to 6,400 square feet, huge gourmet kitchens, screened private pools, and all the features today’s buyer could want, resort homes designed with the entire family in mind; lots of space to be together and plenty of bedrooms to rest so you can explore another fun-filled day in the number one vacation destination in the world.
Priced from the high $300s, three beds, three baths and pool to high $700s for twelve bedrooms and twelve baths plus pool. Three preferred vacation rental management companies who can provide turn-key services for owners who desire to generate earnings from their homes when they are not using it.
- World class AquaPark including incredible kids splash area, four water slides, adult pool with VIP cabanas optional, bar & grille, & Arcade
- Multiple on-site restaurants
- Complimentary guest transportation to Disney, Universal, and SeaWorld
U.S. News & World Report picked Grove as one of the “12 Most Anticipated Hotel Openings” its Orlando’s newest vacation destination, is a sanctuary for those who seek to escape the ordinary and are looking to experience a reality infused with magic and wonder. Your home away from home while on vacation!
Orlando’s newest Four Diamond destination vacation home resort. Large, fully furnished luxury condos that you own. Keep it all for yourself or easy to rent full or part time through Benchmark Hospitality or any method you choose.
Two and three bedrooms, 1,300 to 1,600 square feet on Lake Austin from the low $300s. A full service resort and upscale amenities including a luxurious lobby, bars, three swimming pools, a spa, fitness center, two bars and lounges, a large-scale grab-and-go, a lakefront pier with watersports and a children’s game room. Grove will soon grow to also include a variety of other dining options and an on-site water park with a dual-rider surf-simulator, winding lazy river, and multiple water slides. Free shuttle service to Disney.
Owners have the opportunity to stay at their residence while on vacation and the option to place it into a rental program, professionally managed by Benchmark Hospitality, one of the nation’s leading hotel management companies. Let vacationers help pay for your dream vacation condo.
Come live where you also vacation!
Just minutes from Walt Disney World, SeaWorld Orlando, and Universal Studios & Islands of Adventure.
Great for Second Home/Resort Buyers and Investor Owners – Financing Available. Resort pricing from the low $200s.
Lake Buena Vista Resort features fully furnished, luxury condominium-style suites, with all the comfort and space of home. Choose from two, three and four bedroom suites from 1,080 to 2,170 square feet. Pricing from the low $200s.
Seller Financing – Developer is offering seller financing with 30% down and 5% interest a year for five years. Immediate approval. Welcome local and foreign national investors.
All condos come fully furnished, fully equipped kitchens which include all appliances, granite counters and washer and dryer. Dining and living room area with large screen televisions, private balcony and beautiful bed(s) and bathroom(s) each equipped with all the comforts of home, including wired high speed internet access and a Jacuzzi Roman tub in each master bath.
The resort village hosts a world-class, signature, health spa offering a diverse menu of spa services in a serene setting to pamper, indulge and rejuvenate.
Take advantage of amazing shopping experiences, pampering spa treatments or a dip in one of the pools for fun and relaxation. The perfect place to own your vacation home in Orlando, Florida.
Amenities include a state-of-the-art fitness center, convenience store with Pizza Hut, outdoor heated pool and Jacuzzi and Frankie Farrell’s Irish Pub & Grille, A full service spa, clubhouse with retail stores, children’s playground, Poolside bar and grill, Game room, meeting facilities, business center and concierge.
Ask about Financing and Lease back Programs