1|Page
Texas Promulgated Forms Exam ||Verified Exam!!||
Most Recent Exam Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
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Exam!!!
If the contract includes an option period for the buyer and
the buyer does not tender the option fee to the Seller
within the time limit (currently with 3 days from effective
date of the contract) the Buyer no longer has an
unrestricted right to terminate under the option.
A) True
B) False - Answer-A) True
Fraud is:
A) A crime
B) A civil law violation
C) Both a & b
D) Only b - Answer-C) Both a & b
,2|Page
When a "fixture" in a property does not remain for the
buyer, how do we inform the buyer of that fact and make
sure the item does not convey with the property?
A) List the item as not included in the listing Agreement
B) List the item on the "Seller's Disclosure Notice"
C) List the item on the "Residential Contract"
D) List the item on the "Amendment" form - Answer-C)
List the item on the "Residential Contract"
Paragraph 23 "termination option" of the TREC 1-4 Family
Residential Contract:
A) Binds the seller to complete the repairs needed
B) Requires option money that is refundable if the buyer
does not buy
C) Requires a fee for a specified period of time
D) Allows the buyer to get his option fee back if he is
disqualified for the loan - Answer-C) Requires a fee for a
specified period of time
A suit for specific performance is:
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A) To force the buyer not to default on the contract
B) To force the seller not to default on the contract
C) To force either the buyer or the seller to perform on the
terms of the contract
D) Is a lawsuit against the inspection company - Answer-
C) To force either the buyer or the seller to perform on the
terms of the contract
How does the Texas Real Estate License Act define the
first face-to-face meeting with required agency disclosure?
A) When a licensee first meets a prospect
B) When a prospect is ready to sign an agreement
C) Only when a specific property is being shown
D) When a substantive dialogue about a specific real
property occurs - Answer-D) When a substantive dialogue
about a specific real property occurs
Brokers fees are included in the 1-4 Family Residential
Contract (resale) between the Buyer and the Seller.
Texas Promulgated Forms Exam ||Verified Exam!!||
Most Recent Exam Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Brand New
Exam!!!
If the contract includes an option period for the buyer and
the buyer does not tender the option fee to the Seller
within the time limit (currently with 3 days from effective
date of the contract) the Buyer no longer has an
unrestricted right to terminate under the option.
A) True
B) False - Answer-A) True
Fraud is:
A) A crime
B) A civil law violation
C) Both a & b
D) Only b - Answer-C) Both a & b
,2|Page
When a "fixture" in a property does not remain for the
buyer, how do we inform the buyer of that fact and make
sure the item does not convey with the property?
A) List the item as not included in the listing Agreement
B) List the item on the "Seller's Disclosure Notice"
C) List the item on the "Residential Contract"
D) List the item on the "Amendment" form - Answer-C)
List the item on the "Residential Contract"
Paragraph 23 "termination option" of the TREC 1-4 Family
Residential Contract:
A) Binds the seller to complete the repairs needed
B) Requires option money that is refundable if the buyer
does not buy
C) Requires a fee for a specified period of time
D) Allows the buyer to get his option fee back if he is
disqualified for the loan - Answer-C) Requires a fee for a
specified period of time
A suit for specific performance is:
, 3|Page
A) To force the buyer not to default on the contract
B) To force the seller not to default on the contract
C) To force either the buyer or the seller to perform on the
terms of the contract
D) Is a lawsuit against the inspection company - Answer-
C) To force either the buyer or the seller to perform on the
terms of the contract
How does the Texas Real Estate License Act define the
first face-to-face meeting with required agency disclosure?
A) When a licensee first meets a prospect
B) When a prospect is ready to sign an agreement
C) Only when a specific property is being shown
D) When a substantive dialogue about a specific real
property occurs - Answer-D) When a substantive dialogue
about a specific real property occurs
Brokers fees are included in the 1-4 Family Residential
Contract (resale) between the Buyer and the Seller.
