Texas Promulgated Forms Exam || Most Recent Exam
2026-2027 Actual Complete Real Exam Questions And
Correct Answers (Verified Answers) Already Graded
A+ | Guaranteed Success!! Brand New Exam | Just
Released!!
Where is earnest money first applied at closing under
paragraph 18 of the One to Four Family Residential Contract?
A)
Buyer's expenses
B)
Cash down payment
C)
Seller's expenses
D)
Commission to agents - ANSWER -B)
Cash down payment
Buyer and seller enter into a contract for buyer to purchase
seller's property using the One to Four Family Residential
Contract. Buyer purchases a sevenday option to terminate the
contract. The buyer wishes to amend the contract to extend the
closing date. How should the One to Four Family Residential
Contract be amended?
A)
By changing and initialing the closing date on the original
contract
,B)
By email
C)
The parties can agree orally on the changed
closing date D)
Using the Amendment to Contract form - ANSWER -D)
Using the Amendment to Contract form
Which of the following may be included in paragraph 11,
Special Provisions, of the One to Four Family Residential
Contract?
A)
Multiple sellers if the blanks in paragraph 1 are
insufficient B)
The license holders using the words time is of the essence
C)
The license holder inserting contingencies
D)
The appraisal must meet the contact price - ANSWER -A)
Multiple sellers if the blanks in paragraph 1 are insufficient
A buyer purchases a house from seller that is currently
occupied by a tenant.
What happens to the security deposit at closing under the
TREC One to Four
Family Residential
Contract?
A)
,It is credited to closing
costs.
B)
The seller
keeps it.
C)
The seller must transfer it to
the buyer.
D)
It is returned to the tenant. -
ANSWER -C)
The seller must transfer it to
the buyer.
Under the TREC Seller's Temporary Residential Lease, what
happens if seller wants to stay in the property for one week
longer than the term provided in the lease? A)
The seller may stay three days more than the lease term at no
extra charge.
B)
The seller must pay an additional daily holdover fee.
C)
The seller must vacate the property unconditionally at the end
of the lease term.
D)
The seller may stay seven days longer than the lease term by
paying the daily rental fee. - ANSWER -B)
The seller must pay an additional daily holdover fee.
, When must the agent deliver the earnest money to the
title company?
A)
By the close of business on the third day after the
effective date
B)
By the close of business on the second day after the
effective date
C)
By midnight on the third day after the
effective date
D)
By midnight on the second day after the effective date -
ANSWER -B)
By the close of business on the second day after the
effective date
How are the earnest money and option fee typically paid under
the One to Four
Family Residential
Contract?
A)
One check to the title company for both
amounts
B)
One check to the seller for both
amounts
C)
2026-2027 Actual Complete Real Exam Questions And
Correct Answers (Verified Answers) Already Graded
A+ | Guaranteed Success!! Brand New Exam | Just
Released!!
Where is earnest money first applied at closing under
paragraph 18 of the One to Four Family Residential Contract?
A)
Buyer's expenses
B)
Cash down payment
C)
Seller's expenses
D)
Commission to agents - ANSWER -B)
Cash down payment
Buyer and seller enter into a contract for buyer to purchase
seller's property using the One to Four Family Residential
Contract. Buyer purchases a sevenday option to terminate the
contract. The buyer wishes to amend the contract to extend the
closing date. How should the One to Four Family Residential
Contract be amended?
A)
By changing and initialing the closing date on the original
contract
,B)
By email
C)
The parties can agree orally on the changed
closing date D)
Using the Amendment to Contract form - ANSWER -D)
Using the Amendment to Contract form
Which of the following may be included in paragraph 11,
Special Provisions, of the One to Four Family Residential
Contract?
A)
Multiple sellers if the blanks in paragraph 1 are
insufficient B)
The license holders using the words time is of the essence
C)
The license holder inserting contingencies
D)
The appraisal must meet the contact price - ANSWER -A)
Multiple sellers if the blanks in paragraph 1 are insufficient
A buyer purchases a house from seller that is currently
occupied by a tenant.
What happens to the security deposit at closing under the
TREC One to Four
Family Residential
Contract?
A)
,It is credited to closing
costs.
B)
The seller
keeps it.
C)
The seller must transfer it to
the buyer.
D)
It is returned to the tenant. -
ANSWER -C)
The seller must transfer it to
the buyer.
Under the TREC Seller's Temporary Residential Lease, what
happens if seller wants to stay in the property for one week
longer than the term provided in the lease? A)
The seller may stay three days more than the lease term at no
extra charge.
B)
The seller must pay an additional daily holdover fee.
C)
The seller must vacate the property unconditionally at the end
of the lease term.
D)
The seller may stay seven days longer than the lease term by
paying the daily rental fee. - ANSWER -B)
The seller must pay an additional daily holdover fee.
, When must the agent deliver the earnest money to the
title company?
A)
By the close of business on the third day after the
effective date
B)
By the close of business on the second day after the
effective date
C)
By midnight on the third day after the
effective date
D)
By midnight on the second day after the effective date -
ANSWER -B)
By the close of business on the second day after the
effective date
How are the earnest money and option fee typically paid under
the One to Four
Family Residential
Contract?
A)
One check to the title company for both
amounts
B)
One check to the seller for both
amounts
C)
