The Farm and Ranch Contract (TREC No. 25-17) is dated 05-04-2026 on the form itself; TREC's landing page lists an Effective Date of 07/01/2026. It replaces TREC No. 25-16. The form's own notice reads: "Designed For Use In Sales Of Existing Farms Or Ranches Of Any Size. Not For Use In Complex Transactions."
The Property definition is much broader
Paragraph 2 defines Property as Land, Improvements, Accessories, and Crops — with sub-lists not found on other TREC contracts:
- Farm and Ranch Improvements — permanently installed and built-in items including windmills, tanks, barns, pens, fences, gates, sheds, outbuildings, and corrals.
- Farm and Ranch Accessories (checkbox list) — portable buildings, hunting blinds, game feeders, livestock feeders and troughs, irrigation equipment, fuel tanks, submersible pumps, pressure tanks, corrals, gates, chutes, and "other."
- Crops — unless otherwise agreed in writing, the seller retains the right to harvest all growing crops until possession is delivered.
- Exclusions — improvements, accessories, and crops the seller is keeping must be listed and removed prior to delivering possession.
Surface Leases — a paragraph the other contracts don't have
Paragraph 4D defines a "Surface Lease" as "an existing lease for the surface only of the Property (for example, grazing leases, hunting leases, agricultural leases, recreational leases, wind leases, solar leases, timber or forestry leases)." The parties check which applies: seller has delivered copies of all written Surface Leases; seller has provided notice of specific oral Surface Leases (type, tenant, rental amount, and term); or seller hasn't yet delivered them and must within a negotiated number of days, with a buyer termination right (earnest money refunded) if they aren't delivered in time.
Exception Documents get their own upfront table
Paragraph 6E lists Exception Documents the seller has already provided prior to signing — with columns for Document, Date, and Recording Reference — and states these are permitted exceptions in the Title Policy, not subject to a later objection. This runs alongside, not instead of, the standard title-objection process in Paragraph 6D.
A fourth survey option: "No survey is required"
Paragraph 6C offers four choices instead of the usual three: seller furnishes an existing survey, buyer obtains a new survey, seller furnishes a new survey — or "No survey is required." That fourth option doesn't appear on the Unimproved Property Contract (9-18) or the New Home Contracts (24-20/23-20).
The Seller's Disclosure Notice gets its own explicit paragraph
Paragraph 7B is titled "Seller's Disclosure Notice Pursuant to §5.008, Texas Property Code" and gives three checkbox options directly on the contract: buyer has received it; buyer hasn't received it yet (with delivery deadline and termination-right mechanics); or "The Texas Property Code does not require this Seller to furnish the Seller's Disclosure Notice." This dedicated paragraph doesn't appear the same way on the Unimproved Property Contract.
Rentals get their own proration rule
Paragraph 13A adds a sentence not present on TREC's other current contracts reviewed here: "Rentals which are unknown at time of closing will be prorated between Buyer and Seller when they become known" — a direct consequence of farm and ranch properties commonly carrying surface leases.
AFIDA — a federal disclosure unique to this contract
Paragraph 20C cites the Agriculture Foreign Investment Disclosure Act (AFIDA) of 1978: a foreign person who acquires, disposes of, or holds an interest in United States agricultural land must file an FSA-153 with the Farm Service Agency Service Center where the land is located, within 90 days of the transaction. Failure to report is subject to a civil penalty of up to 25% of the fair market value of the land, and the form directs the parties to consult an attorney or tax professional.
A broker-fee ratification page the other contracts don't include
Page 11 of the form is a standalone "Ratification of Fee" section, with its own signature lines for buyer's broker and seller's broker, plus a separate "Broker Contact Information and Agreement for Payment of Brokers' Fees" block. TREC's other current contracts reviewed here handle brokerage compensation entirely within Paragraph 12B and don't carry this extra page.