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AYPO REAL ESTATE PROMULGATED CONTRACTS EXAM LATEST
2025 ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
Which of these forms is for general consumer or client
information, and not directly related to a sale?
A.) Both of these
B.) Neither of these
C.) Information About Brokerage Services
D.) Consumer Information Form - ANSWER-A.) Both of these
A person is not engaged in real estate brokerage, regardless of
whether the person is licensed under this chapter, based solely on
engaging in which of the following activities?
A.) Any of these
B.) Constructing, remodeling, or repairing a home or other
building
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C.) Entering into an obligation to pay another person that is
secured by an interest in real property
D.) Sponsoring, promoting, or managing, or otherwise
participating as a principal, partner, or financial manager of, an
investment in real estate - ANSWER-A.) Any of these
The TREC 1-4 Section 11 can be used only for which of these?
A.) Adding terms to the loan agreement
B.) Factual statements and business details applicable to the sale
C.) Adding legal provisions
D.) Specifying desired inspections - ANSWER-B.) Factual
statements and business details applicable to the sale
Failure to present an offer is which of the following?
A.) Prerogative of the listing agent
B.) Unauthorized practice of law
C.) Allowable act if the offer is not in writing
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D.) Violation of a licensee's fiduciary duties - ANSWER-D.)
Violation of a licensee's fiduciary duties
Which of these IS NOT listed as a reason for termination?
A.) The property does not satisfy Property Approval in accordance
with the Third Party Financing Addendum to the contract
B.) All of these are reasons for terminations
C.) The unrestricted right of Buyer to terminate the contract under
Paragraph 23 of the Contract
D.) Buyer elects to terminate under Paragraph 7B(2) of the
contract relating to the Seller's Disclosure Notice - ANSWER-B.)
All of these are reasons for terminations
New homes present a greater likelihood that the property owner
will direct the licensee to use:
A.) A form other than one promulgated by TREC
B.) An attorney to prepare the contract
C.) None of these
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D.) One of the promulgated forms - ANSWER-A.) A form other
than one promulgated by TREC
Which of these is a difference between the One to Four Family
Residential Contract (Resale) and the Farm and Ranch Contract?
A.) The One to Four Family Residential Contract (Resale)
addresses membership in property owners associations
B.) Neither of these
C.) The Farm and Ranch Contract includes a section on the
Texas Agricultural Development District
D.) Both of these - ANSWER-D.) Both of these
Which of these is generally considered to be a "seller's cost"?
A.) Loan-related inspection fees
B.) Credit reports
C.) Loan application fees
AYPO REAL ESTATE PROMULGATED CONTRACTS EXAM LATEST
2025 ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
Which of these forms is for general consumer or client
information, and not directly related to a sale?
A.) Both of these
B.) Neither of these
C.) Information About Brokerage Services
D.) Consumer Information Form - ANSWER-A.) Both of these
A person is not engaged in real estate brokerage, regardless of
whether the person is licensed under this chapter, based solely on
engaging in which of the following activities?
A.) Any of these
B.) Constructing, remodeling, or repairing a home or other
building
,2|Page
C.) Entering into an obligation to pay another person that is
secured by an interest in real property
D.) Sponsoring, promoting, or managing, or otherwise
participating as a principal, partner, or financial manager of, an
investment in real estate - ANSWER-A.) Any of these
The TREC 1-4 Section 11 can be used only for which of these?
A.) Adding terms to the loan agreement
B.) Factual statements and business details applicable to the sale
C.) Adding legal provisions
D.) Specifying desired inspections - ANSWER-B.) Factual
statements and business details applicable to the sale
Failure to present an offer is which of the following?
A.) Prerogative of the listing agent
B.) Unauthorized practice of law
C.) Allowable act if the offer is not in writing
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D.) Violation of a licensee's fiduciary duties - ANSWER-D.)
Violation of a licensee's fiduciary duties
Which of these IS NOT listed as a reason for termination?
A.) The property does not satisfy Property Approval in accordance
with the Third Party Financing Addendum to the contract
B.) All of these are reasons for terminations
C.) The unrestricted right of Buyer to terminate the contract under
Paragraph 23 of the Contract
D.) Buyer elects to terminate under Paragraph 7B(2) of the
contract relating to the Seller's Disclosure Notice - ANSWER-B.)
All of these are reasons for terminations
New homes present a greater likelihood that the property owner
will direct the licensee to use:
A.) A form other than one promulgated by TREC
B.) An attorney to prepare the contract
C.) None of these
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D.) One of the promulgated forms - ANSWER-A.) A form other
than one promulgated by TREC
Which of these is a difference between the One to Four Family
Residential Contract (Resale) and the Farm and Ranch Contract?
A.) The One to Four Family Residential Contract (Resale)
addresses membership in property owners associations
B.) Neither of these
C.) The Farm and Ranch Contract includes a section on the
Texas Agricultural Development District
D.) Both of these - ANSWER-D.) Both of these
Which of these is generally considered to be a "seller's cost"?
A.) Loan-related inspection fees
B.) Credit reports
C.) Loan application fees
