RELE 1300 Review Test Submission: Module 1 TEST: Chapters 1-3

Question 1 1.66667 out of 1.66667 points How many promulgated contracts does TREC issue? Selected Answer: Six Answers: Four Six Eigh t Nin e  Question 2 1.66667 out of 1.66667 points Buyer wants to submit an offer and has already been approved for financing. How should the TREC Third Party Financing Addendum be filled out? Selected Answer: The addendum is not required since the buyer has already been approved for financing. Answers: The addendum is not required since the buyer has already been approved for financing. The contingency paragraph should be left blank. The conventional financing box should be checked. The buyer should indicate that 0 days are required to obtain financing.  Question 3 1.66667 out of 1.66667 points Which paragraph of the TREC One to Four Family Residential Contract provides a breakdown of sellers’ and buyers’ expenses? Selected Answer: Paragraph 12 Answers: Paragraph 12 Paragraph 11 Paragraph 9 Paragraph 8  Question 4 1.66667 out of 1.66667 points Which of the following would NOT be consid