AYPO Real Estate Promulgated contracts
actual exam questions and Answers
"Psychological stigmas," which involve violent or catastrophic events on a
property, fall under which category of disclosure?
a. Required disclosures
b. Prohibited disclosures
c. Permitted disclosures
d. None of these - Correct answer-c. Permitted disclosures
If there is a field in a promulgated form for which you have no information to
include, your safest option is which of the following?
a. Run a line through it
b. Place "N/A" (not applicable) so it is clear that the buyer/buyer's agent is aware
that the section exists and was not just overlooked
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,c. Any of these
d. Just leave it blank - Correct answer-b. Place "N/A" (not applicable) so it is clear
that the buyer/buyer's agent is aware that the section exists and was not just
overlooked
Which of these is an exemption to the "legal capacity" requirement to form a
contract?
a. A contract for a life necessity
b. The other party had no knowledge of the party's lack of legal capacity
c. Both of these are correct
d. Neither of these are correct - Correct answer-a. A contract for a life necessity
An amendment must always include reference to all of these, except:
a. The title report
b. The original contract
c. Parties
d. Date of ratification - Correct answer-a. The title report
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, What category of disclosure do "psychological stigmas" fall into in Texas?
a. Prohibited
b. Required
c. Permitted
d. None of these - Correct answer-c. Permitted
Promulgated contracts for TRELA generally are developed by which of the
following?
a. TREC
b. National Association of Realtors
c. Texas Bar Association
d. The Broker-Lawyer Committee - Correct answer-d. The Broker-Lawyer
Committee
If the seller has misled or misrepresented something, the signature at closing:
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
actual exam questions and Answers
"Psychological stigmas," which involve violent or catastrophic events on a
property, fall under which category of disclosure?
a. Required disclosures
b. Prohibited disclosures
c. Permitted disclosures
d. None of these - Correct answer-c. Permitted disclosures
If there is a field in a promulgated form for which you have no information to
include, your safest option is which of the following?
a. Run a line through it
b. Place "N/A" (not applicable) so it is clear that the buyer/buyer's agent is aware
that the section exists and was not just overlooked
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
,c. Any of these
d. Just leave it blank - Correct answer-b. Place "N/A" (not applicable) so it is clear
that the buyer/buyer's agent is aware that the section exists and was not just
overlooked
Which of these is an exemption to the "legal capacity" requirement to form a
contract?
a. A contract for a life necessity
b. The other party had no knowledge of the party's lack of legal capacity
c. Both of these are correct
d. Neither of these are correct - Correct answer-a. A contract for a life necessity
An amendment must always include reference to all of these, except:
a. The title report
b. The original contract
c. Parties
d. Date of ratification - Correct answer-a. The title report
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
, What category of disclosure do "psychological stigmas" fall into in Texas?
a. Prohibited
b. Required
c. Permitted
d. None of these - Correct answer-c. Permitted
Promulgated contracts for TRELA generally are developed by which of the
following?
a. TREC
b. National Association of Realtors
c. Texas Bar Association
d. The Broker-Lawyer Committee - Correct answer-d. The Broker-Lawyer
Committee
If the seller has misled or misrepresented something, the signature at closing:
©COPYRIGHT 2025, ALL RIGHTS RESERVED 3
