Promulgated Contract Forms Actual Midterm Exam 2026-
2027 ACTUAL MIDTERM EXAM WITH COMPLETE QUESTIONS
AND ACCURATE DETAILED ANSWERS\VERIFIED 100% GRADED
A+ REAL EXAM 2026
A suit for specific performance is:
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
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
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.
A) True
B) False
B) False
Standard forms of TREC must be used unless:
A) A broker or salesperson wishes to use a different form
B) A principal in the transaction requests a different form to be used
C) The listing broker disagrees with certain language in the contract
D) A lender requires a different form to be used
Wrong A) A broker or salesperson wishes to use a different
form wrong D) A lender requires a different form to be used
According to the TREC 1-4 Residential Contract (Resale), who is responsible
for paying the owner policy of title insurance fee?
A) The buyer
B) The seller
C) The title company named in the contract
D) The party stipulated in the contract
D) The party stipulated in the contract
, The Information About Brokerage Services (IBS) states the broker may
represent the:
A) Owner
B) Buyer
C) Both owner and buyer as intermediary
D) All of the above
Wrong C) Both owner and buyer as intermediary
What is the status of a contract if the seller does not make the buyer aware
of a property being located with a municipal utility district?
A) Voidable by the buyer
B) Void
C) Voidable by the seller
D) Voidable by the buyer or the seller
A) Voidable by the buyer
A contract is described as an agreement between two or more parties to
do or not do something.
A) True
B) False
A) True
2027 ACTUAL MIDTERM EXAM WITH COMPLETE QUESTIONS
AND ACCURATE DETAILED ANSWERS\VERIFIED 100% GRADED
A+ REAL EXAM 2026
A suit for specific performance is:
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
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
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.
A) True
B) False
B) False
Standard forms of TREC must be used unless:
A) A broker or salesperson wishes to use a different form
B) A principal in the transaction requests a different form to be used
C) The listing broker disagrees with certain language in the contract
D) A lender requires a different form to be used
Wrong A) A broker or salesperson wishes to use a different
form wrong D) A lender requires a different form to be used
According to the TREC 1-4 Residential Contract (Resale), who is responsible
for paying the owner policy of title insurance fee?
A) The buyer
B) The seller
C) The title company named in the contract
D) The party stipulated in the contract
D) The party stipulated in the contract
, The Information About Brokerage Services (IBS) states the broker may
represent the:
A) Owner
B) Buyer
C) Both owner and buyer as intermediary
D) All of the above
Wrong C) Both owner and buyer as intermediary
What is the status of a contract if the seller does not make the buyer aware
of a property being located with a municipal utility district?
A) Voidable by the buyer
B) Void
C) Voidable by the seller
D) Voidable by the buyer or the seller
A) Voidable by the buyer
A contract is described as an agreement between two or more parties to
do or not do something.
A) True
B) False
A) True
