ACTUAL EXAM SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◉a cost that is not pre-rated by the title company is: Answer:
homeowners insurance
◉which of these properties built before 1978 is exempt from the
lead-based paint hazard disclosure? Answer: senior/disabled
housing
◉the condominium resale certificate is filled out by: Answer: a
representative of the home or property owners association
◉if the seller has misled or misrepresented something, the signature
at closing: Answer: does not release them from those promises
◉in paragraph 6B of the TREC 1-4, the agreement calls for the seller
to furnish the buyer a title commitment within ____ days Answer: 20
◉which of these sections is included in the residential condominium
contract and not in the TREC 1-4? Answer: all of these
, 2 (B)
2(C)
2(D)
◉which of these contracts addressed the issue of lead-based paint
hazard disclosure? Answer: the one to four family residential
contract (resale)
◉which of these generally will not include a structure of any sort in
the sale? Answer: unimproved property contract
◉to be a legally competent party to a contract, business entities
must: Answer: be in compliance with state requirements by filing
annual documents and complying with assumed business name
requirements
◉in the back-up addendum, it states that an amendment or
modification of the first contract: Answer: will not terminate the
first contract
◉paragraph 2 is different in each promulgated sales contracts
because Answer: this paragraph is used to describe the type of
property involved