1|Page
CHAMPIONS REAL ESTATE EXAM:LAW OF
AGENCY WITH COMPLETE QUESTIONS AND
CORRECT VERIFIED ANSWERS (DETAILED
ANSWERS) ALREADY GRADED A+ 100%
GUARANTEED TO PASS CONCEPTS!!!.
In ______ the Texas Real Estate Commission was
established to administer and enforce the TRELA. -
.....ANSWER ...✔✔ 1949
TREC has only _______ promulgated lease forms. -
.....ANSWER ...✔✔ 2
In the TAR® Seller's Disclosure the seller should _______.
a. prepare the disclosure when the listing is taken
b. be the only one completing this form or any part of it
c. none of the above
d. both a and b - .....ANSWER ...✔✔ d. both a and b
,2|Page
The _______ statute provides that the sender's message
must contain clear and conspicuous notice that the
message is an advertisement or solicitation.
a. CAN-SPAM
b. Interstate Land Sales Full Disclosure Act
c. Do Not Call
d. Junk Fax Prevention Act - .....ANSWER ...✔✔ CAN-
SPAM
A ________ is a possible polluter who may be held
liable under CERCLA for the contamination of a
property or resource.
a. Safe Harbor
b. EBR
c. PRP
d. TMARR - .....ANSWER ...✔✔ PRP
If you hire a mold remediator he must give you a
Certificate of Mold Remediation no later than ___ days
after work is complete. - .....ANSWER ...✔✔ 10
,3|Page
In order to comply with the _______, contracts for the
conveyance of an interest in real estate or leases for a
term of more than one year must be in writing.
a. SAFE Act
b. Statute of Frauds
c. Statue of Limitations
d. RESPA - .....ANSWER ...✔✔ Statute of Frauds
A unilateral contract is said to lack __________.
a. Mutuality
b. Fairness
c. Agreement
d. Signatures - .....ANSWER ...✔✔ Mutuality
Contracts with a person who lacks mental capacity can
be either void or _____________.
a. Implied
b. Unilateral
c. Voidable
, 4|Page
d. Express - .....ANSWER ...✔✔ voidable
All of the land in the U.S. is held under the ________
system.
a. Feudal
b. Freedom
c. Statutory
d. Allodial - .....ANSWER ...✔✔ Allodial
The main reason(s) for homestead laws include(s):
a. Preventing the foreclosure of the homestead under
any circumstances
b. Prevention of the forced sale of a home by creditors
c. Protection of a creditor's interests in a debtor's
property
d. All of these are correct - .....ANSWER ...✔✔
In many states, recognized statutory estates include
_______.
CHAMPIONS REAL ESTATE EXAM:LAW OF
AGENCY WITH COMPLETE QUESTIONS AND
CORRECT VERIFIED ANSWERS (DETAILED
ANSWERS) ALREADY GRADED A+ 100%
GUARANTEED TO PASS CONCEPTS!!!.
In ______ the Texas Real Estate Commission was
established to administer and enforce the TRELA. -
.....ANSWER ...✔✔ 1949
TREC has only _______ promulgated lease forms. -
.....ANSWER ...✔✔ 2
In the TAR® Seller's Disclosure the seller should _______.
a. prepare the disclosure when the listing is taken
b. be the only one completing this form or any part of it
c. none of the above
d. both a and b - .....ANSWER ...✔✔ d. both a and b
,2|Page
The _______ statute provides that the sender's message
must contain clear and conspicuous notice that the
message is an advertisement or solicitation.
a. CAN-SPAM
b. Interstate Land Sales Full Disclosure Act
c. Do Not Call
d. Junk Fax Prevention Act - .....ANSWER ...✔✔ CAN-
SPAM
A ________ is a possible polluter who may be held
liable under CERCLA for the contamination of a
property or resource.
a. Safe Harbor
b. EBR
c. PRP
d. TMARR - .....ANSWER ...✔✔ PRP
If you hire a mold remediator he must give you a
Certificate of Mold Remediation no later than ___ days
after work is complete. - .....ANSWER ...✔✔ 10
,3|Page
In order to comply with the _______, contracts for the
conveyance of an interest in real estate or leases for a
term of more than one year must be in writing.
a. SAFE Act
b. Statute of Frauds
c. Statue of Limitations
d. RESPA - .....ANSWER ...✔✔ Statute of Frauds
A unilateral contract is said to lack __________.
a. Mutuality
b. Fairness
c. Agreement
d. Signatures - .....ANSWER ...✔✔ Mutuality
Contracts with a person who lacks mental capacity can
be either void or _____________.
a. Implied
b. Unilateral
c. Voidable
, 4|Page
d. Express - .....ANSWER ...✔✔ voidable
All of the land in the U.S. is held under the ________
system.
a. Feudal
b. Freedom
c. Statutory
d. Allodial - .....ANSWER ...✔✔ Allodial
The main reason(s) for homestead laws include(s):
a. Preventing the foreclosure of the homestead under
any circumstances
b. Prevention of the forced sale of a home by creditors
c. Protection of a creditor's interests in a debtor's
property
d. All of these are correct - .....ANSWER ...✔✔
In many states, recognized statutory estates include
_______.
