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Law of Contracts Practice Exam Champions Questions and 100% Correct Answers 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 - c. 1949 TREC has only _______ promulgated lease forms. a. 1 b. 2 c. 3 d. 4 - 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...

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PROMULGATED CONTRACTS PRACTICE EXAM QUESTIONS-

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In ______the Texas Real Estate Commission was established to administer and enforce the TRELA. a. 1939 b. 1929 c. 1949 d. 1993 correct answersc. 1949 TREC has only _______ promulgated lease forms. a. 1 b. 2 c. 3 d. 4 correct answersb. 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 correct answersd. both a and b ...

Real Estate law of contracts practice exam Questions with Correct Answers

Texas Pre-License - Law of Contracts Practice Exam Questions and Answers

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 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 ANS d. both a and b 4. Which of the following can result in a license ...

Which of these forms is least likely to be involved in the sale of unimproved property? - Answer- The Unimproved Property Contract would not be involved in the sale of a condo. A buyer and seller have been in negotiations. They have everything in writing, have agreed to all terms, the contract is signed and changes initialed. Today, the written acceptance of the final agreement has been communicated to the other party. What is today called? - Answer- the effective date How many lawyers are...

Your buyer client, Jacob, is planning to obtain financing for a new home. What should his first step be? - ANSWER Obtain a pre-qualification letter. Sondra thinks the new business contract she signed with her business partner is valid. Both parties are legally competent, the contract has a legal purpose, an offer was made and accepted, and a fee has been negotiated and documented. Which essential element of a valid contract has Sondra not yet considered? - ANSWER Whether consent was voluntary...