TEXAS PRE-LICENSE - PROMULGATED CONTRACTS | TEXAS PRE-LICENSE -
PROMULGATED CONTRACTS CHALLENGE QUESTIONS (167 TERMS) WITH
CORRECT ANSWERS 2025-2026 LATEST UPDATE
As outlined in the TREC-promulgated sales contracts, what obligations does the seller have
regarding the property condition at the time of sale?
A. The seller is always obligated to make any requested repairs before closing.
B. The seller is always obligated to make any requested repairs within 30 days after closing.
C. The seller's obligations are a matter of negotiation with the buyer.
The seller is obligated to either repair or give concessions for anything the buyer's agent deems
faulty. C. The seller's obligations are a matter of negotiation with the buyer.
According to Paragraph 9B, what happens when someone buys a property that is currently
under a lease?
A. The seller transfers the security deposit to the buyer.
B. The buyer can decide whether or not to evict the tenants before the sale.
,C. The seller must buy out the remainder of the tenants' lease.
D. The tenants must either move before closing or forfeit their security deposits. A. The
seller transfers the security deposit to the buyer.
Which of these forms is LEAST likely to be involved in the sale of unimproved property?
A. Unimproved Property Contract
B. Farm and Ranch Contract
C. Seller's Disclosure Notice
D. Condominium Resale Certificate D. Condominium Resale Certificate
Brokers' fees are NOT included in the:
A. buyer's representation agreement
B. written agreements between the brokers
,C. sales contract
D. listing agreement C. sales contract
According to the One to Four contract, the buyer should receive their title policy documents
within how many days after the title company receives the contract?
A. 20 days
B. 40 days
C. 10 days
D. whatever date is listed in the contract A. 20 days
A TREC-promulgated contract has a section on insulation. This section leaves space to specify
where the insulation is located (ceilings, walls, floors, etc.). Which contract is this?
A. the One to Four Family Contract
B. the Unimproved Property Contract
, C. the Farm and Ranch Contract
D. the New Home Contract (Incomplete Construction) AND the New Home Contract (Completed
Construction) D. the New Home Contract (Incomplete Construction) AND the New Home
Contract (Completed Construction)
When both parties mutually agree to terminate a contract, who provides the appropriate form?
A. the title company
B. TREC
C. TR
D. the broker representing the seller A. the title company
According to TRELA, which of these does one NOT need to be a licensed attorney to do?
A. fill out a TREC-promulgated contract
PROMULGATED CONTRACTS CHALLENGE QUESTIONS (167 TERMS) WITH
CORRECT ANSWERS 2025-2026 LATEST UPDATE
As outlined in the TREC-promulgated sales contracts, what obligations does the seller have
regarding the property condition at the time of sale?
A. The seller is always obligated to make any requested repairs before closing.
B. The seller is always obligated to make any requested repairs within 30 days after closing.
C. The seller's obligations are a matter of negotiation with the buyer.
The seller is obligated to either repair or give concessions for anything the buyer's agent deems
faulty. C. The seller's obligations are a matter of negotiation with the buyer.
According to Paragraph 9B, what happens when someone buys a property that is currently
under a lease?
A. The seller transfers the security deposit to the buyer.
B. The buyer can decide whether or not to evict the tenants before the sale.
,C. The seller must buy out the remainder of the tenants' lease.
D. The tenants must either move before closing or forfeit their security deposits. A. The
seller transfers the security deposit to the buyer.
Which of these forms is LEAST likely to be involved in the sale of unimproved property?
A. Unimproved Property Contract
B. Farm and Ranch Contract
C. Seller's Disclosure Notice
D. Condominium Resale Certificate D. Condominium Resale Certificate
Brokers' fees are NOT included in the:
A. buyer's representation agreement
B. written agreements between the brokers
,C. sales contract
D. listing agreement C. sales contract
According to the One to Four contract, the buyer should receive their title policy documents
within how many days after the title company receives the contract?
A. 20 days
B. 40 days
C. 10 days
D. whatever date is listed in the contract A. 20 days
A TREC-promulgated contract has a section on insulation. This section leaves space to specify
where the insulation is located (ceilings, walls, floors, etc.). Which contract is this?
A. the One to Four Family Contract
B. the Unimproved Property Contract
, C. the Farm and Ranch Contract
D. the New Home Contract (Incomplete Construction) AND the New Home Contract (Completed
Construction) D. the New Home Contract (Incomplete Construction) AND the New Home
Contract (Completed Construction)
When both parties mutually agree to terminate a contract, who provides the appropriate form?
A. the title company
B. TREC
C. TR
D. the broker representing the seller A. the title company
According to TRELA, which of these does one NOT need to be a licensed attorney to do?
A. fill out a TREC-promulgated contract
