Promulgated Contracts Exam | 2025-2026 LATEST UPDATED| 140
COMPLETE QUESTIONS AND ANSWERS | 100% RATED
CORRECT | 100% VERFIED | ALREADY GRADED A+|GET A+
When would it be appropriate to use the New Home Contract (Incomplete
Construction)? - (answer)for a client buying a new home that is being built
A buyer needs more option period time. They have asked the seller, who agreed,
and signed TREC's Amendment to Contract. What else must they do to make the
extension official? - (answer)pay an additional option fee
In TREC promulgated contracts, what does Paragraph 21: Notices provide
information about? - (answer)where to send official notices about the contract
If a seller wants to reserve part of their mineral rights after selling, where on the
Reservation of Oil, Gas and Other Minerals Addendum would they note what
percentage they're keeping? - (answer)Paragraph B2
,If an agent makes a change to Paragraph 6A8 in a TREC promulgated contract,
which of these is most likely to be the result? - (answer)The title policy will be
amended to read "shortage in area" rather than the standard exception.
In Paragraph 9 of the One to Four Family (Resale) contract, what must happen "on
or before" the specified date? - (answer)Closing
Rollback taxes are addressed in all of the following EXCEPT: -
(answer)Residential Service Contract
What are brokers required to do regarding Consumer Protection Notice TREC No.
CN 1-2? - (answer)post it in each office
Agent Ted advises his client that the title to the property he is buying is clear — no
need to do a further title search. Why is this inappropriate? - (answer)It may
constitute unauthorized practice of law under TRELA.
,To be valid and enforceable, a contract must be in writing, represent a complete
agreement, have acceptance communicated, and: - (answer)be signed by all parties
Because many things in the contract depend on these two items, it is important that
the agent finalizing the acceptance of the contract fill in which of the following
dates for their broker: - (answer)effective and executed date
Seller Xavier's home is in a special statutory tax district. According to the Texas
Water Code, what does Xavier have to do before going into contract with a buyer?
- (answer)have them sign a notice informing them of the extra taxes
Which of these is NOT something that is appropriate to put in Paragraph 11 (the
Special Provisions section) of a TREC promulgated contract? - (answer)that the
contract is contingent on the inspection
The Special Provisions section can be used for relevant business information (such
as the names of the parties or the property description) that did not fit in the fields
provided.
, Which of the following laws protect people based on race only? - (answer)Civil
Rights Act of 1866
According to Paragraph 10B, Possessions, what is a seller prohibited from doing
after the effective date? - (answer)execute a lease without the buyer's permission
Which of these is a technique license holders can employ to avoid mortgage fraud?
- (answer)disclose everything to the lender
If the seller is providing an existing survey during a real estate transaction, what
must the license holder give to the buyer? - (answer)the T-47 Residential Real
Property Affidavit
A contract which courts cannot compel the parties to perform is: -
(answer)unenforceable
COMPLETE QUESTIONS AND ANSWERS | 100% RATED
CORRECT | 100% VERFIED | ALREADY GRADED A+|GET A+
When would it be appropriate to use the New Home Contract (Incomplete
Construction)? - (answer)for a client buying a new home that is being built
A buyer needs more option period time. They have asked the seller, who agreed,
and signed TREC's Amendment to Contract. What else must they do to make the
extension official? - (answer)pay an additional option fee
In TREC promulgated contracts, what does Paragraph 21: Notices provide
information about? - (answer)where to send official notices about the contract
If a seller wants to reserve part of their mineral rights after selling, where on the
Reservation of Oil, Gas and Other Minerals Addendum would they note what
percentage they're keeping? - (answer)Paragraph B2
,If an agent makes a change to Paragraph 6A8 in a TREC promulgated contract,
which of these is most likely to be the result? - (answer)The title policy will be
amended to read "shortage in area" rather than the standard exception.
In Paragraph 9 of the One to Four Family (Resale) contract, what must happen "on
or before" the specified date? - (answer)Closing
Rollback taxes are addressed in all of the following EXCEPT: -
(answer)Residential Service Contract
What are brokers required to do regarding Consumer Protection Notice TREC No.
CN 1-2? - (answer)post it in each office
Agent Ted advises his client that the title to the property he is buying is clear — no
need to do a further title search. Why is this inappropriate? - (answer)It may
constitute unauthorized practice of law under TRELA.
,To be valid and enforceable, a contract must be in writing, represent a complete
agreement, have acceptance communicated, and: - (answer)be signed by all parties
Because many things in the contract depend on these two items, it is important that
the agent finalizing the acceptance of the contract fill in which of the following
dates for their broker: - (answer)effective and executed date
Seller Xavier's home is in a special statutory tax district. According to the Texas
Water Code, what does Xavier have to do before going into contract with a buyer?
- (answer)have them sign a notice informing them of the extra taxes
Which of these is NOT something that is appropriate to put in Paragraph 11 (the
Special Provisions section) of a TREC promulgated contract? - (answer)that the
contract is contingent on the inspection
The Special Provisions section can be used for relevant business information (such
as the names of the parties or the property description) that did not fit in the fields
provided.
, Which of the following laws protect people based on race only? - (answer)Civil
Rights Act of 1866
According to Paragraph 10B, Possessions, what is a seller prohibited from doing
after the effective date? - (answer)execute a lease without the buyer's permission
Which of these is a technique license holders can employ to avoid mortgage fraud?
- (answer)disclose everything to the lender
If the seller is providing an existing survey during a real estate transaction, what
must the license holder give to the buyer? - (answer)the T-47 Residential Real
Property Affidavit
A contract which courts cannot compel the parties to perform is: -
(answer)unenforceable
