Texas promulgated forms Study guides, Class notes & Summaries

Texas Promulgated Forms Contract Law Overview Questions and Answers The seller fails to abide by the rule requiring the seller to provide the buyer the Condo Resale Certificate before the contract is signed, and the seller later receives a better offer. The seller says the contract is voidable due to the failure to provide the certificate, and the seller is therefore free to accept the better offer. The buyer does not want to cancel the contract. Which of these statements is TRUE in this situa...

Texas Promulgated Forms Which of these promulgated forms does NOT include "time is of the essence"? Loan Assumption Addendum A couple starts celebrating the sale of their home after their listing agent calls them with the news that they've received an acceptable offer. The listing agent says he is coming over to get their acceptance and signatures. However, by the time the agent arrives the sellers are completely inebriated. The agent has them sign the contract and then takes it to the t...

Texas Promulgated Forms

Texas Promulgated Forms

Texas Promulgated Forms Questions and Answers Test Bank 2023 with complete solution Which of the following is TRUE for the statute of limitations for contracts for the sale of real estate and oral contracts for leases of less than one year? The statute of limitations is four years for the sale and two years for the lease. The voiding of a contract by a minor is an example of terminating a contract by operation of law. Which of the following would NOT be considered a competent party? A 30...

Texas Promulgated Forms Exam Questions with Complete Verified Answers 2023

Texas Promulgated Forms Contract Law Overview Questions and Answers In Texas, the statute of limitations for an oral contract for a lease of less than one year is

The six elements of a valid real estate contract: - Answer-Competent parties Consideration Mutual agreement (mutual assent) Lawful objective In writing and signed by the parties Contain a legal description Equitable Owner - Answer-Buyer has equitable title and is known as the owner in equity or equitable owner Voidable Contrasts can include: - Answer-- Minor - Seller Disclosure - Fraud - Association Documents - MUD Bilateral Contract - Answer-A promise in exchange for a promise...

Texas Promulgated Forms Question and answer already passed 2023House Margarita - correct answer (Rocks or Frozen) TRH Sweet N' Sour Juarez Gold Tequila Juarez Silver Tequila Juarez Triple Sec Orange Juice Margaritaville Silver Tequila Upsell Kickers - correct answer Patron Citronage Patron Silver Tequila di Amore Quattro Orange 1800 Reposado Tequila Margaritaville Gold Tequila Strawberry Margarita - correct answer Frozen only! TRH Frozen Mix Strawberry Puree Upsell K...

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