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AYPO Real Estate Promulgated contracts actual exam questions Latest Update Questions and 100% Verified Correct Answers Guaranteed A+

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AYPO Real Estate Promulgated contracts actual exam questions Latest Update Questions and 100% Verified Correct Answers Guaranteed A+

Institution
AYPO Real Estate Promulgated Contracts
Course
AYPO Real Estate Promulgated contracts

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AYPO Real Estate Promulgated contracts actual
exam questions Latest Update 2025-2026 60
Questions and 100% Verified Correct Answers
Guaranteed A+

____ is the form that licensees are most likely to work with the most frequently


a. New Home Contract (Completed Construction)

b. Addendum for Property Subject to Mandatory Membership in an Owners' Association

c. Environmental Assessment, Threatened or Endangered Species, and Wetlands
Addendum

d. One to Four Family Residential Contract (Resale) [TREC 1-4] - CORRECT ANSWER:
d. One to Four Family Residential Contract (Resale) [TREC 1-4]



"Psychological stigmas," which involve violent or catastrophic events on a property, fall
under which category of disclosure?



a. Required disclosures

b. Prohibited disclosures

c. Permitted disclosures
d. None of these - CORRECT ANSWER: c. Permitted disclosures



"Subdivision Information" means which of the following?



a. A current copy of the restrictions applying to the subdivision and bylaws

b. Both of these
c. Neither of these

,d. A resale certificate, all of which are described by section 207.003 of the Texas
Property Code - CORRECT ANSWER: b. Both of these



§11 Special Provisions of the TREC 1-4 can be used only for which of the following?



a. Neither of these

b. Factual statements and business details applicable to the sale
c. Alterations of text or addition of provisions that are generally legal in nature

d. Both of these - CORRECT ANSWER: b. Factual statements and business details
applicable to the sale



A "release clause" in a mortgage agreement would allow which of the following
additional lender approval?



a. To obligate the lessee/owner to an irrevocable option to buy

b. To replace an existing contract with a new contract

c. To section off a portion of the property, the equivalent value of which has been paid
off, and sell off that portion if desired

d. To transfer rights or duties under a contract from a current party to a contract to
another party - CORRECT ANSWER: c. To section off a portion of the property, the
equivalent value of which has been paid off, and sell off that portion if desired



A cost that is not prorated by the title company is which of these?



a. Loan fees

b. Rents
c. Association fees

d. Property taxes - CORRECT ANSWER: a. Loan fees

, A person is not engaged in a real estate brokerage, regardless of whether the person is
licensed under this chapter, based solely on engaging in which of the following
activities?



a. Any of these.

b. Entering into an obligation to pay another person that is secured by an interest in real
property

c. Sponsoring, promoting, or managing, or otherwise participating as a principal,
partner, or financial manager of, an investment in real estate

d. Constructing, remodeling, or repairing a home or other building - CORRECT
ANSWER: a. Any of these.



A title endorsement is a(n):



a. Notarized copy of title

b. Professionally recommended title company
c. Title approved by the local Clerk of the Court or equivalent recording agent

d. None of these - CORRECT ANSWER: d. None of these



A title insurance "commitment" provides a buyer:


a. With a guarantee of a clear title

b. With the terms and conditions under which the title company will be issuing the title
insurance policy

c. Time to request a title insurance policy

d. With homeowner's insurance - CORRECT ANSWER: b. With the terms and
conditions under which the title company will be issuing the title insurance policy


Accepting the "property in its present condition" in section 7 of the TREC 1-4:

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