Law of Contract Exams & Tests BUNDLED Law of Contract Final exam Law of Contracts Exam Prep Law of Contracts Practice Exam Champions 2024 Questions with 100% Correct Answers | Verified | Latest Update
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1. The state of the contract between the execution date and the closing. A) Fully executed contracted B) Executed contract C) Option contract D) Executory contract ANS D) Executory contract 2. This lease has a defined specific beginning and ending date. A) Estate at sufferance B) Estate at...
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Add to cart1. The state of the contract between the execution date and the closing. A) Fully executed contracted B) Executed contract C) Option contract D) Executory contract ANS D) Executory contract 2. This lease has a defined specific beginning and ending date. A) Estate at sufferance B) Estate at...
1. All of the following acts on the part of a real estate broker would constitute steering and thus be prohibited under the Fair Housing Act EXCEPT: A) directing a prospective buyer of one minority group to work only with a salesperson of the same minority group and to look at areas dominated by ...
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Add to cart1. All of the following acts on the part of a real estate broker would constitute steering and thus be prohibited under the Fair Housing Act EXCEPT: A) directing a prospective buyer of one minority group to work only with a salesperson of the same minority group and to look at areas dominated by ...
1. offer: A proposal by one party to another intended to create a legally binding agreement. Terms of offer must be clear, definite and certain 2. acceptance: words signifying consent to the terms of an offer (thereby creating a contract) 3. void: a contract that has no legal force or effect becau...
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Add to cart1. offer: A proposal by one party to another intended to create a legally binding agreement. Terms of offer must be clear, definite and certain 2. acceptance: words signifying consent to the terms of an offer (thereby creating a contract) 3. void: a contract that has no legal force or effect becau...
1. Which of the following is a requirement for a Texas real estate sales agent license? a. College degree b. 30 hours of Real Estate Principles Only c. Showing competency by passing the licensing exam d. Must be Texan by birth ANS C. Showing competency by passing the licensing exam 2. An activ...
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Add to cart1. Which of the following is a requirement for a Texas real estate sales agent license? a. College degree b. 30 hours of Real Estate Principles Only c. Showing competency by passing the licensing exam d. Must be Texan by birth ANS C. Showing competency by passing the licensing exam 2. An activ...
1. This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. A) Condemnation B) Taxation C) Police power D) Eminent domain ANS D) Eminent domain 2. Precedents are determined by A) Statutory Law B) Case ...
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Add to cart1. This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. A) Condemnation B) Taxation C) Police power D) Eminent domain ANS D) Eminent domain 2. Precedents are determined by A) Statutory Law B) Case ...
1. TERLA: - Texas Real Estate License Act - Created in 1939 2. TREC: - Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA 3. Real Estate Center: - Located at Texas A&M University - Created in 1970 4. TREC-Promulgated Forms/Leases (Residential):: - One-to-Four Family...
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Add to cart1. TERLA: - Texas Real Estate License Act - Created in 1939 2. TREC: - Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA 3. Real Estate Center: - Located at Texas A&M University - Created in 1970 4. TREC-Promulgated Forms/Leases (Residential):: - One-to-Four Family...
1. In the Texas Real Estate Commission was established to administer and enforce the TRELA. a. 1939 b. 1929 c. 1949 d. 1993 ANS c. 1949 2. TREC has only promulgated lease forms. a. 1 b. 2 c. 3 d. 4 ANS b. 2 3. In the TAR Seller's Disclosure the seller should . a. prepare the disclos...
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Add to cart1. In the Texas Real Estate Commission was established to administer and enforce the TRELA. a. 1939 b. 1929 c. 1949 d. 1993 ANS c. 1949 2. TREC has only promulgated lease forms. a. 1 b. 2 c. 3 d. 4 ANS b. 2 3. In the TAR Seller's Disclosure the seller should . a. prepare the disclos...
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