TEXAS PROMULGATED CONTRACTS
CERTIFICATION EXAM 2026 QUESTIONS WITH
CORRECT ANSWERS
◍ The Texas Real Estate Commission regulates a license in which of the
following situation? Answer:When the licensee is licensee is selling a
house for a client
◍ What is a legal agreement between parties to do (performance) or not
to do (forbearance) a certain act for consideration? Answer:A contract
◍ All of following are necessary to create a valid contract except which
one ? Answer:Earnest money
◍ What law requires all contracts for real property to be in writing to be
enforceable? Answer:Statue of Frauds
◍ Which of following would be an example of "good consideration"?
Answer:Love of a friend
◍ What is duress? Answer:Use of force
, ◍ What is it called when a person listens to both sides of the situation
and make a decision. His or her decision is binding and court action
cannot be pursued. Answer:Arbitration
◍ When all promises in a contract have been met, that contract is called
what? Answer:executed
◍ What is a contract called where there are still promises that need to be
fulfilled? Answer:Executory
◍ When a written agreement is legal and every item is completely
agreed to, it is said to be which of the following? Answer:Valid
◍ When an essential element is missing in an agreement and the courts
would not hold it as a contract, then the agreement would be:
Answer:Void
◍ When a change needs to be made to a Residential Contract, what is
the best way to handle it? Answer:Changes should be made using the
"Amendment to Contract " addendum.
◍ For which of the following reasons could a contract need to be
changed? Answer:-For repairs
-For financing
-For termination of the option
CERTIFICATION EXAM 2026 QUESTIONS WITH
CORRECT ANSWERS
◍ The Texas Real Estate Commission regulates a license in which of the
following situation? Answer:When the licensee is licensee is selling a
house for a client
◍ What is a legal agreement between parties to do (performance) or not
to do (forbearance) a certain act for consideration? Answer:A contract
◍ All of following are necessary to create a valid contract except which
one ? Answer:Earnest money
◍ What law requires all contracts for real property to be in writing to be
enforceable? Answer:Statue of Frauds
◍ Which of following would be an example of "good consideration"?
Answer:Love of a friend
◍ What is duress? Answer:Use of force
, ◍ What is it called when a person listens to both sides of the situation
and make a decision. His or her decision is binding and court action
cannot be pursued. Answer:Arbitration
◍ When all promises in a contract have been met, that contract is called
what? Answer:executed
◍ What is a contract called where there are still promises that need to be
fulfilled? Answer:Executory
◍ When a written agreement is legal and every item is completely
agreed to, it is said to be which of the following? Answer:Valid
◍ When an essential element is missing in an agreement and the courts
would not hold it as a contract, then the agreement would be:
Answer:Void
◍ When a change needs to be made to a Residential Contract, what is
the best way to handle it? Answer:Changes should be made using the
"Amendment to Contract " addendum.
◍ For which of the following reasons could a contract need to be
changed? Answer:-For repairs
-For financing
-For termination of the option
