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AYPO REAL ESTATE PROMULGATED CONTRACTS EXAM
2025/2026 NEWEST ACTUAL EXAM WITH COMPLETE
QUESTIONS AND VERIFIED ANSWERS |ALREADY GRADED
A+|
Accepting the "property in its present condition" in section 7 of the
TREC 1-4:
a. None of these
b. Waives the right to inspection
c. Precludes the use of any professional inspectors
d. Does not waive the right to request seller repairs based upon
professional inspections performed later - ANSWER-d. Does not
waive the right to request seller repairs based upon professional
inspections performed later
The Mineral Estate does NOT include which of these?
a. Gas
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b. The right to sign a mineral lease covering any part of the
Property
c. Iron
d. Oil - ANSWER-c. Iron
The Real Estate License Act was created to:
a. Maintain high standards in the real estate profession
b. Protect the public interest from dishonest or incompetent
brokers
c. Protect licensed brokers and salespersons from unfair or
improper competition
d. All of these - ANSWER-d. All of these
The offer becomes a sales contract when:
a. Signed by the buyer/ offeror
b. All of these
c. Presented to the seller who verbally approves
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d. It is accepted, signed by the seller, and acceptance
communicated to the buyer or buyer's agent - ANSWER-d. It is
accepted, signed by the seller, and acceptance communicated to
the buyer or buyer's agent
"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 - ANSWER-b. Both of these
Failure to present an offer is which of the following?
a. Allowable act if the offer is not in writing
b. Prerogative of the listing agreement
c. Violation of a licensee's fiduciary duties
AYPO REAL ESTATE PROMULGATED CONTRACTS EXAM
2025/2026 NEWEST ACTUAL EXAM WITH COMPLETE
QUESTIONS AND VERIFIED ANSWERS |ALREADY GRADED
A+|
Accepting the "property in its present condition" in section 7 of the
TREC 1-4:
a. None of these
b. Waives the right to inspection
c. Precludes the use of any professional inspectors
d. Does not waive the right to request seller repairs based upon
professional inspections performed later - ANSWER-d. Does not
waive the right to request seller repairs based upon professional
inspections performed later
The Mineral Estate does NOT include which of these?
a. Gas
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b. The right to sign a mineral lease covering any part of the
Property
c. Iron
d. Oil - ANSWER-c. Iron
The Real Estate License Act was created to:
a. Maintain high standards in the real estate profession
b. Protect the public interest from dishonest or incompetent
brokers
c. Protect licensed brokers and salespersons from unfair or
improper competition
d. All of these - ANSWER-d. All of these
The offer becomes a sales contract when:
a. Signed by the buyer/ offeror
b. All of these
c. Presented to the seller who verbally approves
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d. It is accepted, signed by the seller, and acceptance
communicated to the buyer or buyer's agent - ANSWER-d. It is
accepted, signed by the seller, and acceptance communicated to
the buyer or buyer's agent
"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 - ANSWER-b. Both of these
Failure to present an offer is which of the following?
a. Allowable act if the offer is not in writing
b. Prerogative of the listing agreement
c. Violation of a licensee's fiduciary duties
