1|Page
AYPO Real Estate Law Of Contracts FINAL
LATEST 2025 UPDATE WITH COMPLETE
QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS
100%GUARANTEED PASS!!!
Forms published and promoted by the TREC for use in the Texas real
estate profession are referred to as: ......answer.....Promulgated
forms
The Texas Real Estate Commission (TREC) is a ___-member
commission appointed by the governor with the advice and consent
of the senate for overlapping ___-year terms.
......answer.....9, 6
Elitedocs
, 2|Page
Contract law presents a particularly high risk of the unauthorized
practice of law when a licensee chooses to do which of the
following? ......answer.....Create their own contract forms.
The Broker-Lawyer Committee: ......answer.....Drafts and revises
contract forms for use by real estate licensees.
The TREC Promulgated One to Four Family Residential Contract
(Resale) can be identified by the: ......answer.....Date in the upper
right corner and the ID number in the lower right corner.
In order to recover damages under the DTPA, the consumer has to
show that the information was withheld: ......answer.....With intent
to induce the consumer into a transaction.
Elitedocs
, 3|Page
Which of these is a common type of law encountered in the real
estate profession? ......answer.....1. Real property vs. personal
property
2. Fiduciary duties and handling of client finances
3. Consumer protection
The term real property refers to: ......answer.....1. Earth's surface
2. Airspace
3. Subsurface
Which of these IS NOT one of the basic five tests to determine if an
object or item is a fixture? ......answer.....Size of the object
Elitedocs
, 4|Page
Which of these is not a physical characteristic of real property?
......answer.....Scarcity
Which of these forms of ownership allows for unequal interests
between the owners? ......answer.....Tenancy in Common
Which of these forms of business provide protection from personal
liability? ......answer.....1. Corporations
2. LLCs
A housing cooperative is a co-op that: ......answer.....Owns real
property, usually residential
Which of these professions is NOT regulated by the TREC?
Elitedocs
AYPO Real Estate Law Of Contracts FINAL
LATEST 2025 UPDATE WITH COMPLETE
QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS
100%GUARANTEED PASS!!!
Forms published and promoted by the TREC for use in the Texas real
estate profession are referred to as: ......answer.....Promulgated
forms
The Texas Real Estate Commission (TREC) is a ___-member
commission appointed by the governor with the advice and consent
of the senate for overlapping ___-year terms.
......answer.....9, 6
Elitedocs
, 2|Page
Contract law presents a particularly high risk of the unauthorized
practice of law when a licensee chooses to do which of the
following? ......answer.....Create their own contract forms.
The Broker-Lawyer Committee: ......answer.....Drafts and revises
contract forms for use by real estate licensees.
The TREC Promulgated One to Four Family Residential Contract
(Resale) can be identified by the: ......answer.....Date in the upper
right corner and the ID number in the lower right corner.
In order to recover damages under the DTPA, the consumer has to
show that the information was withheld: ......answer.....With intent
to induce the consumer into a transaction.
Elitedocs
, 3|Page
Which of these is a common type of law encountered in the real
estate profession? ......answer.....1. Real property vs. personal
property
2. Fiduciary duties and handling of client finances
3. Consumer protection
The term real property refers to: ......answer.....1. Earth's surface
2. Airspace
3. Subsurface
Which of these IS NOT one of the basic five tests to determine if an
object or item is a fixture? ......answer.....Size of the object
Elitedocs
, 4|Page
Which of these is not a physical characteristic of real property?
......answer.....Scarcity
Which of these forms of ownership allows for unequal interests
between the owners? ......answer.....Tenancy in Common
Which of these forms of business provide protection from personal
liability? ......answer.....1. Corporations
2. LLCs
A housing cooperative is a co-op that: ......answer.....Owns real
property, usually residential
Which of these professions is NOT regulated by the TREC?
Elitedocs
