Texas Law of Contracts Quiz: Questions & Answers
Drafts and revises contract forms for use in real estate transactions in the state of Texas.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:E
Forms published by TREC that are mandatory for license holders to use in real estate transactions int he
state of Texas.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:A
Allows an aggrieved consumer to sue a seller of goods for damages.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:D
Acting with awareness or flagrant disregard of prudent and fair business practices.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
,e. Broker-Lawer Committee - ANSWER:B
Use of adjectives and opinions rather than details or facts.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:C
The Texas Real Estate Commission was established by the legislature in ________________.
a. 1939
b. 1949
c. 1929
d. 1993 - ANSWER:B
The term "promulgated" means:
a. Written by an attorney
b. Mandatory
c. Copied from another document
d. To make known by open declaration; publish - ANSWER:D
TREC does not have promulgated sales contract forms for _____________.
a. New Homes
b. Farm and Ranch
c. Residential Transactions
d. Commercial Transactions - ANSWER:D
A Texas Real Estate License can be suspended or revoked by ______________ on proof that a license
holder used any other written instrument that transferred or affected the title to an interest in land
other than a TREC-promulgated form.
,a. TREC
b. State court
c. The sponsoring broker
d. NAR - ANSWER:A
TREC has promulgated forms for:
a. Lease purchase
b. Right of First Refusal
c. Lease option
d. Homes and condos - ANSWER:D
If a client is interested in a lease with an option to purchase or a right of first refusal, the assistance of
a(n) ____________ is required.
a. Attorney
b. Broker
c. TREC Representative
d. Subagent - ANSWER:A
The _________________ is required whether or not the seller has ever occupied the property.
a. Amendment to Contract
b. Seller's Temporary Residential Lease
c. Seller's Disclosure
d. Seller Financing Addendum - ANSWER:C
Things of a temporary or movable nature.
a. Improvements
b. Annexation
c. Emblements
, d. Subsurface rights
e. Personal property - ANSWER:E
Annual crops that are considered personal property even though they are attached to the land.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
e. Personal property - ANSWER:C
Include the rights to deed oil, gas, and other minerals.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
e. Personal property - ANSWER:D
Any man-made additions to the land that are permanent.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
e. Personal property - ANSWER:A
The process of attaching personal property so that it becomes real property.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
Drafts and revises contract forms for use in real estate transactions in the state of Texas.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:E
Forms published by TREC that are mandatory for license holders to use in real estate transactions int he
state of Texas.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:A
Allows an aggrieved consumer to sue a seller of goods for damages.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:D
Acting with awareness or flagrant disregard of prudent and fair business practices.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
,e. Broker-Lawer Committee - ANSWER:B
Use of adjectives and opinions rather than details or facts.
a. Promulgated forms
b. Intentionally
c. Puffing
d. Deceptive Trade Practices Act
e. Broker-Lawer Committee - ANSWER:C
The Texas Real Estate Commission was established by the legislature in ________________.
a. 1939
b. 1949
c. 1929
d. 1993 - ANSWER:B
The term "promulgated" means:
a. Written by an attorney
b. Mandatory
c. Copied from another document
d. To make known by open declaration; publish - ANSWER:D
TREC does not have promulgated sales contract forms for _____________.
a. New Homes
b. Farm and Ranch
c. Residential Transactions
d. Commercial Transactions - ANSWER:D
A Texas Real Estate License can be suspended or revoked by ______________ on proof that a license
holder used any other written instrument that transferred or affected the title to an interest in land
other than a TREC-promulgated form.
,a. TREC
b. State court
c. The sponsoring broker
d. NAR - ANSWER:A
TREC has promulgated forms for:
a. Lease purchase
b. Right of First Refusal
c. Lease option
d. Homes and condos - ANSWER:D
If a client is interested in a lease with an option to purchase or a right of first refusal, the assistance of
a(n) ____________ is required.
a. Attorney
b. Broker
c. TREC Representative
d. Subagent - ANSWER:A
The _________________ is required whether or not the seller has ever occupied the property.
a. Amendment to Contract
b. Seller's Temporary Residential Lease
c. Seller's Disclosure
d. Seller Financing Addendum - ANSWER:C
Things of a temporary or movable nature.
a. Improvements
b. Annexation
c. Emblements
, d. Subsurface rights
e. Personal property - ANSWER:E
Annual crops that are considered personal property even though they are attached to the land.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
e. Personal property - ANSWER:C
Include the rights to deed oil, gas, and other minerals.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
e. Personal property - ANSWER:D
Any man-made additions to the land that are permanent.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
e. Personal property - ANSWER:A
The process of attaching personal property so that it becomes real property.
a. Improvements
b. Annexation
c. Emblements
d. Subsurface rights
