AYPO Real Estate Promulgated contracts actual exam
ques ons and answers RATED A+ 2025/2026 RATED A+
NEW!!
"Psychological s gmas," which involve violent or catastrophic events on a property, fall under
which category of disclosure?
a. Required disclosures
b. Prohibited disclosures
c. Permi ed disclosures
d. None of these - Answers c. Permi ed disclosures
If there is a field in a promulgated form for which you have no informa on to include, your
safest op on is which of the following?
a. Run a line through it
b. Place "N/A" (not applicable) so it is clear that the buyer/buyer's agent is aware that the
sec on exists and was not just overlooked
c. Any of these
d. Just leave it blank - Answers b. Place "N/A" (not applicable) so it is clear that the
buyer/buyer's agent is aware that the sec on exists and was not just overlooked
Which of these is an exemp on to the "legal capacity" requirement to form a contract?
a. A contract for a life necessity
b. The other party had no knowledge of the party's lack of legal capacity
,c. Both of these are correct
d. Neither of these are correct - Answers a. A contract for a life necessity
An amendment must always include reference to all of these, except:
a. The tle report
b. The original contract
c. Par es
d. Date of ra fica on - Answers a. The tle report
What category of disclosure do "psychological s gmas" fall into in Texas?
a. Prohibited
b. Required
c. Permi ed
d. None of these - Answers c. Permi ed
Promulgated contracts for TRELA generally are developed by which of the following?
a. TREC
b. Na onal Associa on of Realtors
c. Texas Bar Associa on
d. The Broker-Lawyer Commi ee - Answers d. The Broker-Lawyer Commi ee
If the seller has misled or misrepresented something, the signature at closing:
, a. Terminates any obliga on to the buyer
b. Neither of these
c. Either of these
d. Does not release them from those promises - Answers d. Does not release them from those
promises
Restric ve covenants are regula ons which can include which of the following?
a. Dicta ng minimum residence size
b. Nuber of homes per lot
c. Types of construc on allowed and not allowed
d. All of these - Answers d. All of these
Before leasing the property back to a seller or leasing it ahead of closing to a buyer, both
par es need to pay a en on to the effect that leasing will have on which of the following?
a. Their insurance coverage
b. The Seller's disclosure
c. The tle commitment
d. The tle policy - Answers a. Their insurance coverage
HUD's primary concern is to ensure that any occupancy standards are not so strict as:
a. To discriminate against single residents
b. To undo protec ons of families with children
c. To create a safety hazard
d. None of these - Answers b. To undo protec ons of families with children
ques ons and answers RATED A+ 2025/2026 RATED A+
NEW!!
"Psychological s gmas," which involve violent or catastrophic events on a property, fall under
which category of disclosure?
a. Required disclosures
b. Prohibited disclosures
c. Permi ed disclosures
d. None of these - Answers c. Permi ed disclosures
If there is a field in a promulgated form for which you have no informa on to include, your
safest op on is which of the following?
a. Run a line through it
b. Place "N/A" (not applicable) so it is clear that the buyer/buyer's agent is aware that the
sec on exists and was not just overlooked
c. Any of these
d. Just leave it blank - Answers b. Place "N/A" (not applicable) so it is clear that the
buyer/buyer's agent is aware that the sec on exists and was not just overlooked
Which of these is an exemp on to the "legal capacity" requirement to form a contract?
a. A contract for a life necessity
b. The other party had no knowledge of the party's lack of legal capacity
,c. Both of these are correct
d. Neither of these are correct - Answers a. A contract for a life necessity
An amendment must always include reference to all of these, except:
a. The tle report
b. The original contract
c. Par es
d. Date of ra fica on - Answers a. The tle report
What category of disclosure do "psychological s gmas" fall into in Texas?
a. Prohibited
b. Required
c. Permi ed
d. None of these - Answers c. Permi ed
Promulgated contracts for TRELA generally are developed by which of the following?
a. TREC
b. Na onal Associa on of Realtors
c. Texas Bar Associa on
d. The Broker-Lawyer Commi ee - Answers d. The Broker-Lawyer Commi ee
If the seller has misled or misrepresented something, the signature at closing:
, a. Terminates any obliga on to the buyer
b. Neither of these
c. Either of these
d. Does not release them from those promises - Answers d. Does not release them from those
promises
Restric ve covenants are regula ons which can include which of the following?
a. Dicta ng minimum residence size
b. Nuber of homes per lot
c. Types of construc on allowed and not allowed
d. All of these - Answers d. All of these
Before leasing the property back to a seller or leasing it ahead of closing to a buyer, both
par es need to pay a en on to the effect that leasing will have on which of the following?
a. Their insurance coverage
b. The Seller's disclosure
c. The tle commitment
d. The tle policy - Answers a. Their insurance coverage
HUD's primary concern is to ensure that any occupancy standards are not so strict as:
a. To discriminate against single residents
b. To undo protec ons of families with children
c. To create a safety hazard
d. None of these - Answers b. To undo protec ons of families with children
