Cts p - Study guides, Class notes & Summaries

In ______the Texas Real Estate Commission was established to administer and enforce the TRELA. a. 1939 b. 1929 c. 1949 d. 1993 - ANSWER c. 1949 TREC has only _______ promulgated lease forms. a. 1 b. 2 c. 3 d. 4 - ANSWER b. 2 In the TAR® Seller's Disclosure the seller should _______. a. prepare the disclosure when the listing is taken b. be the only one completing this form or any part of it c. none of the above d. both a and b - ANSWER d. both a and b Which of the fo...

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) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. (a) Executory (b) Executed (c) Bilateral (d) Void - A

Texas Promulgated Contracts are a set of standardized real estate contract forms developed and required by the state regulatory body, TREC, to govern real estate transactions in the state of Texas.

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Law of Contracts Practice Exam Champions 100% QUESTIONS AND ANSWERS GRADED A+ Law of Contracts Practice Exam Champions (100% Correct) In ______the Texas Real Estate Commission was established to administer and enforce the TRELA. a. 1939 b. 1929 c. 1949 d. 1993 - CORRECT ANSWER-c. 1949 TREC has only _______ promulgated lease forms. a. 1 b. 2 c. 3 d. 4 - CORRECT ANSWER-b. 2 In the TAR® Seller's Disclosure the seller should _______. a. prepare the disclosure when the listing is ...

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