Exam (elaborations) Promulgated Contract Forms QUIZ ANSWERS Questions with Answers 2023 Exam (elaborations) Promulgated Contract Forms - Quizzes & Exams questions with complete solutions Exam (elaborations) 30-Hr. TX Law of Promulgated Contracts Course Questions with complete solutions Exam ...
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Promulgated Contract Forms final exam Questions with complete solutions If a Buyer wants the Seller to pay some or all of their closing costs, it should be added to the contract in: A) Paragraph #11 (Special Provisions) B) Paragraph #12 - Seller participation in the Buyer's costs C) Third Par...
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Add to cartPromulgated Contract Forms final exam Questions with complete solutions If a Buyer wants the Seller to pay some or all of their closing costs, it should be added to the contract in: A) Paragraph #11 (Special Provisions) B) Paragraph #12 - Seller participation in the Buyer's costs C) Third Par...
Promulgated Contract Forms: Final Exam Questions with complete solutions When earnest money is deposited with an escrow agent, the escrow agent: A) Is not responsible for the performance of any signatory B) Has the right to secure written release of all signatories C) Is not liable for interest on...
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Add to cartPromulgated Contract Forms: Final Exam Questions with complete solutions When earnest money is deposited with an escrow agent, the escrow agent: A) Is not responsible for the performance of any signatory B) Has the right to secure written release of all signatories C) Is not liable for interest on...
Promulgated Contracts Final Questions with complete solutions If an Agent receives confidential information from a Client while the agency agreement is in force, that agent may: A) Share that information once the agreement expires B) Share that information if the Client authorizes the agent to ...
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Add to cartPromulgated Contracts Final Questions with complete solutions If an Agent receives confidential information from a Client while the agency agreement is in force, that agent may: A) Share that information once the agreement expires B) Share that information if the Client authorizes the agent to ...
promulgated contracts final exam qs Questions with complete solutions Under TRELA, a licensee will not be in violation of practicing law without a license if she writes a real estate contract. fills in the blanks on a standardized contract. offers professional advice on Texas real estate law. r...
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Add to cartpromulgated contracts final exam qs Questions with complete solutions Under TRELA, a licensee will not be in violation of practicing law without a license if she writes a real estate contract. fills in the blanks on a standardized contract. offers professional advice on Texas real estate law. r...
Promulgated Contracts Final Questions with complete solutions TREC has promulgated how many contract forms? 6 The Seller's Disclosure Notice is a requirement of: The Texas Property Code Which of the following are not required, according to the Property Code, to furnish a seller's...
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Add to cartPromulgated Contracts Final Questions with complete solutions TREC has promulgated how many contract forms? 6 The Seller's Disclosure Notice is a requirement of: The Texas Property Code Which of the following are not required, according to the Property Code, to furnish a seller's...
Texas Promulgated Contracts-CHAMPIONS STUDY Questions with complete solutions The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording B A(n) ___...
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Add to cartTexas Promulgated Contracts-CHAMPIONS STUDY Questions with complete solutions The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. (a) Default (b) Mutual consent (c) Property condition (d) Recording B A(n) ___...
Promulgated contracts practice exam Questions with complete solutions Which of these forms is least likely to be involved in the sale of unimproved property? The Unimproved Property Contract would not be involved in the sale of a condo. A buyer and seller have been in negotiations. They hav...
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Add to cartPromulgated contracts practice exam Questions with complete solutions Which of these forms is least likely to be involved in the sale of unimproved property? The Unimproved Property Contract would not be involved in the sale of a condo. A buyer and seller have been in negotiations. They hav...
Texas Promulgated Contracts Homework Questions with complete solutions The TREC PROMULGATED CONTRACT FORMS ARE DRAFTED BY THE BROKER-LAWYER COMMITTEE IN A LEASE WITH A RIGHT OF FIRST REFUSAL PROVISION THE TENANT HAS THE RIGHT TO MATCH OR BETTER ANY OFFER THE LANDLORD RECEIVES TO PREVENT T...
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Add to cartTexas Promulgated Contracts Homework Questions with complete solutions The TREC PROMULGATED CONTRACT FORMS ARE DRAFTED BY THE BROKER-LAWYER COMMITTEE IN A LEASE WITH A RIGHT OF FIRST REFUSAL PROVISION THE TENANT HAS THE RIGHT TO MATCH OR BETTER ANY OFFER THE LANDLORD RECEIVES TO PREVENT T...
PROMULGATED CONTRACTS QUESTIONS WITH COMPLETE SOLUTIONS Contract: A legally binding and enforceable agreement to do or not to do a specific thing Promulgated Contract: A contract that has been approved and is required to be used by license holders In Texas, what are the two entitie...
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Add to cartPROMULGATED CONTRACTS QUESTIONS WITH COMPLETE SOLUTIONS Contract: A legally binding and enforceable agreement to do or not to do a specific thing Promulgated Contract: A contract that has been approved and is required to be used by license holders In Texas, what are the two entitie...
Promulgated Contracts Exam Questions with complete solutions When would it be appropriate to use the New Home Contract (Incomplete Construction)? for a client buying a new home that is being built A buyer needs more option period time. They have asked the seller, who agreed, and signed TRE...
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Add to cartPromulgated Contracts Exam Questions with complete solutions When would it be appropriate to use the New Home Contract (Incomplete Construction)? for a client buying a new home that is being built A buyer needs more option period time. They have asked the seller, who agreed, and signed TRE...
Promulgated Contracts Questions with complete solutions A "release clause" in a mortgage agreement would allow which of the following without additional lender approval? To section off a portion of the property, the equivalent value of which has been paid off, and sell off that portion if desire...
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Add to cartPromulgated Contracts Questions with complete solutions A "release clause" in a mortgage agreement would allow which of the following without additional lender approval? To section off a portion of the property, the equivalent value of which has been paid off, and sell off that portion if desire...
Promulgated Contract form Practice exam Question with complete solutions If a buyer decides to terminate a contract, the seller must agree to the termination. A) True B) False B) False Which of the following, with written, consent, may act as an Intermediary? A) The Broker representing...
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Add to cartPromulgated Contract form Practice exam Question with complete solutions If a buyer decides to terminate a contract, the seller must agree to the termination. A) True B) False B) False Which of the following, with written, consent, may act as an Intermediary? A) The Broker representing...
Texas Pre-License - Promulgated Contracts Questions with complete solutions According to TREC rules, which of these must be delivered to the seller within three days of a contract's effective date? earnest money What are brokers required to do regarding Consumer Protection Notice TREC No. ...
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Add to cartTexas Pre-License - Promulgated Contracts Questions with complete solutions According to TREC rules, which of these must be delivered to the seller within three days of a contract's effective date? earnest money What are brokers required to do regarding Consumer Protection Notice TREC No. ...
Promulgated Contract Forms Questions with complete solutions mutual consent A "meeting of the minds" unilateral contract A contract in which only one party is obligated to perform consideration Something given in exchange for a promise option An agreement between a buyer ...
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Add to cartPromulgated Contract Forms Questions with complete solutions mutual consent A "meeting of the minds" unilateral contract A contract in which only one party is obligated to perform consideration Something given in exchange for a promise option An agreement between a buyer ...
Real Estate U Texas Promulgated Contract Forms(4) Questions with complete solutions To have no force or effect is referred to as a .......... contract? Void Valid Enforceable Executed Void That which is capable of being adjusted void, but is not unless action is taken to make it so, is re...
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Add to cartReal Estate U Texas Promulgated Contract Forms(4) Questions with complete solutions To have no force or effect is referred to as a .......... contract? Void Valid Enforceable Executed Void That which is capable of being adjusted void, but is not unless action is taken to make it so, is re...
Promulgated Contracts Questions Answered 100% correct TREC promulgated contracts have built-in contingencies. Most of them allow the: buyer to legally terminate the contract You are overseeing the sale of a property. Due to the location of the buyer and the seller, the contracts must be sig...
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Add to cartPromulgated Contracts Questions Answered 100% correct TREC promulgated contracts have built-in contingencies. Most of them allow the: buyer to legally terminate the contract You are overseeing the sale of a property. Due to the location of the buyer and the seller, the contracts must be sig...
Promulgated Forms Questions with complete solutions 1. TREC contract forms and their uses - page 35 The title of the form reveals its intended use. The contract form is the One to Four Family Residential Contract (Resale). One to four means that it can be used for single-family properties, duplexe...
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Add to cartPromulgated Forms Questions with complete solutions 1. TREC contract forms and their uses - page 35 The title of the form reveals its intended use. The contract form is the One to Four Family Residential Contract (Resale). One to four means that it can be used for single-family properties, duplexe...
promulgated contracts quizzes questions with complete solutions A "meeting of the minds" mutual consent A contract in which only one party is obligated to perform unilateral contract Transfers all of the rights related to the contract to another party known as an assignee asignme...
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Add to cartpromulgated contracts quizzes questions with complete solutions A "meeting of the minds" mutual consent A contract in which only one party is obligated to perform unilateral contract Transfers all of the rights related to the contract to another party known as an assignee asignme...
promulgated contracts practic exam questions with complete solutions The lender holding the note on a property must approve a short sale or the contract will be a) terminated. b) amended to the amount owed. c) transferred to another lender. d) counteroffered. terminated. If a payment is...
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Add to cartpromulgated contracts practic exam questions with complete solutions The lender holding the note on a property must approve a short sale or the contract will be a) terminated. b) amended to the amount owed. c) transferred to another lender. d) counteroffered. terminated. If a payment is...
30-Hr. TX Law of Promulgated Contracts Course Questions with complete solutions How many members does TREC appoint to the Broker-Lawyer Committee? TREC appoints six members—who are all licensed brokers in Texas—to the committee. The addenda that are part of the TREC residential resale c...
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Add to cart30-Hr. TX Law of Promulgated Contracts Course Questions with complete solutions How many members does TREC appoint to the Broker-Lawyer Committee? TREC appoints six members—who are all licensed brokers in Texas—to the committee. The addenda that are part of the TREC residential resale c...
Promulgated Contract Forms - Quizzes & Exams questions with complete solutions Which of the following mean that the offer and acceptance was genuine and freely made by all parties? -None of the choices apply -Genuine assent -Offer and acceptance -Mutual consent Genuine assent All of t...
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Add to cartPromulgated Contract Forms - Quizzes & Exams questions with complete solutions Which of the following mean that the offer and acceptance was genuine and freely made by all parties? -None of the choices apply -Genuine assent -Offer and acceptance -Mutual consent Genuine assent All of t...
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