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  • « The Case of the Clueless Client | Home | The Future of the SoP’s »

    TREC SOP Update

    By Edward Robinson | July 10, 2008

    Bruce Carr sent this out today. I have indented the email as recieved. I did remove the header and footer:

    Here is an update from Brian Murphy regarding the status of the TREC SOP:

    The Inspector Committee (IC) met June 16, 2008 to review the changes submitted during the SoP posting period to the Texas Register. There were approximately 74 pages of comments to review during the June 16th meeting. The IC made it through approximately 42 pages of the comments during that 8-hour meeting. Do to the lack of time, the IC decided to schedule a 2-day meeting on July 21 & 22, 2008 to complete the review of the comment and make any changes necessary to clean up the SoP’s.

    There have been enough changes made to date to require the SoP’s to be returned to the Texas Register for another round of Public Comment. The IC will meet on July 21 & 22, after this meeting new proposed SoP’s will be presented to the Commissioner in August and be be required to be posted to the Texas Register. They will be posted for 30-day and returned back to the IC for review again at that time.

    As to a adoption date, there is no good estimated time to say when we will have the new SoP’s to work from, but best guess is somewhere around January 1, 2009.

    Brian Murphy

    Thanks for the info Brian.

    Sounds like we should keep the comments coming and all work for a more professional set of standards for the TREC. Edited MSWord documents related to the State Form and SOP were also included in the email. Click here to download the edited files from Brian Murphy related to the SOP.

    Topics: General News, Real Estate Finance, Real Estate Inspections, TREC |

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