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AYPO Real Estate Promulgated Contracts Exam 2025 – Updated Practice Test, Answer Key & Study Guide for Real Estate Students

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AYPO Real Estate Promulgated Contracts Exam 2025 – Updated Practice Test, Answer Key & Study Guide for Real Estate Students

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AYPO Real Estate Promulgated Contracts
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AYPO Real Estate Promulgated Contracts

Voorbeeld van de inhoud

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AYPO Real Estate Promulgated Contracts Exam
2025 – Updated Practice Test, Answer Key &
Study Guide for Real Estate Students



Prepare for the AYPO Real Estate Promulgated Contracts Exam with the latest 2025 study
materials. Includes updated test questions, detailed explanations, and contract law
essentials. Perfect for real estate agents and students completing their Texas Real Estate
Commission (TREC) required course through AYPO Real Estate.




• AYPO Real Estate Promulgated Contracts Exam 2025
• AYPO Real Estate contracts exam answers
• AYPO Promulgated Contracts test questions and answers
• AYPO Real Estate practice exam




Which of these IS NOT listed as a reason for termination?



A.) The property does not satisfy Property Approval in accordance with the Third Party Financing
Addendum to the contract

B.) All of these are reasons for terminations

C.) The unrestricted right of Buyer to terminate the contract under Paragraph 23 of the Contract

D.) Buyer elects to terminate under Paragraph 7B(2) of the contract relating to the Seller's Disclosure
Notice - ANSWER-B.) All of these are reasons for terminations



New homes present a greater likelihood that the property owner will direct the licensee to use:

,2|Page


A.) A form other than one promulgated by TREC

B.) An attorney to prepare the contract

C.) None of these

D.) One of the promulgated forms - ANSWER-A.) A form other than one promulgated by TREC



Which of these is a difference between the One to Four Family Residential Contract (Resale) and the
Farm and Ranch Contract?



A.) The One to Four Family Residential Contract (Resale) addresses membership in property owners
associations

B.) Neither of these

C.) The Farm and Ranch Contract includes a section on the Texas Agricultural Development District

D.) Both of these - ANSWER-D.) Both of these




Which of these forms is for general consumer or client information, and not directly related to a sale?



A.) Both of these

B.) Neither of these

C.) Information About Brokerage Services

D.) Consumer Information Form - ANSWER-A.) Both of these



A person is not engaged in 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.) Constructing, remodeling, or repairing a home or other building

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

D.) Sponsoring, promoting, or managing, or otherwise participating as a principal, partner, or financial
manager of, an investment in real estate - ANSWER-A.) Any of these

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The TREC 1-4 Section 11 can be used only for which of these?



A.) Adding terms to the loan agreement

B.) Factual statements and business details applicable to the sale

C.) Adding legal provisions

D.) Specifying desired inspections - ANSWER-B.) Factual statements and business details applicable to
the sale



Failure to present an offer is which of the following?



A.) Prerogative of the listing agent

B.) Unauthorized practice of law

C.) Allowable act if the offer is not in writing

D.) Violation of a licensee's fiduciary duties - ANSWER-D.) Violation of a licensee's fiduciary duties



Which of these is generally considered to be a "seller's cost"?



A.) Loan-related inspection fees

B.) Credit reports

C.) Loan application fees

D.) Releases of existing liens, including prepayment penalties and recording fees - ANSWER-D.) Releases
of existing liens, including prepayment penalties and recording fees



An amendment must always include reference to all of these, except:



A.) Parties

B.) The title report

C.) The original contract

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