Promulgated Contract Exam champion
Promulgated Contract Exam Please answer the following questions and then click the "Continue" button at the bottom of this page. To save your answers and return later to your exam, click the "Save My Place" button below. Click here to return to the class navigation page. 1. A state government entity created to encourage agricultural development in Texas is the: (a) Texas Department of Parks and Wildlife (b) Texas Agricultural Development District (c) Texas Farm Bureau (d) Texas Farm Aid 2. If a seller wants to continue to occupy the property for two days after the closing and the bu(a) this can be written into the special provisions paragraph of the contract (b) because it is for only two days, the parties should just enter into an oral agreement (c) the buyer and seller should negotiate a periodic tenancy agreement (d) the Seller’s Temporary Residential Lease form should be used 3. A federal disclosure requirement for residential properties built prior to 1978 is: (a) An energy efficiency audit (b) A lead-based paint disclosure (c) A seller’s disclosure of property condition (d) A water district notice 4. According to the Seller Financing Addendum, the interest rate is: (a) Set at 6% (b) Negotiated between the parties (c) Set by TREC (d) Determined at closing 5. The deed of trust securing seller financing is always assumable by a f
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- April 5, 2023
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