ANSWERS
TNCC 9TH REAL EXAM 2024
TNCC REAL EXAM LATEST UPDATE 2023 - 2024 ACTUAL
VERIFIED EXAM TEST-BANK INCLUDES 3 TESTED VERSIONS
OF THE EXAM WITH MULTIPLE CHOICE QUESTIONS AND
ANSWERS EACH EXPERT ANSWERS GUARANTEED PASS
ALREADY GRADED A
,A bilateral contract is a promise:
a. for a promise
b. for consideration
c. for a limited time only
d. for future obligations - CORRECT ANSWER-d. For future obligations
Which of the following are contingencies in a real estate contract?
a. Obtaining the deposit
b. Down Payment
c. Closing Costs
d. None of the answers are correct - CORRECT ANSWER-d. None of the
answers are correct
This form is used as a final walk-through, a few days prior to closing the
sale
a. physical inspection report
b. property compliance inspection
c. verification of property condition
d. none of the above - CORRECT ANSWER-c. Verification of property
condition
This form identifies items of value attached to the structure or land and
states whether these items are operational.
, a. property physical inspection report
b. buyer's inspection advisory
c. valuation report
d. transfer disclosure statement - CORRECT ANSWER-b. Buyer's
inspection advisory
To be enforceable, a contract must be accepted by all parties:
a. in its entirety.
b. in a timely manner.
c. before the end of the month end.
d. none of the above. - CORRECT ANSWER-a. In its entirety.
This type of dispute resolution is a binding decision with no right to an
appeal.
a. Arbitration
b. Mediation
c. Remedial resolution
d. Final resolution - CORRECT ANSWER-a. Arbitration
A Lead-Based Paint Disclosure must be provided with the contract for any
residential properties constructed before
a. 1945
b. 1970
TNCC 9TH REAL EXAM 2024
TNCC REAL EXAM LATEST UPDATE 2023 - 2024 ACTUAL
VERIFIED EXAM TEST-BANK INCLUDES 3 TESTED VERSIONS
OF THE EXAM WITH MULTIPLE CHOICE QUESTIONS AND
ANSWERS EACH EXPERT ANSWERS GUARANTEED PASS
ALREADY GRADED A
,A bilateral contract is a promise:
a. for a promise
b. for consideration
c. for a limited time only
d. for future obligations - CORRECT ANSWER-d. For future obligations
Which of the following are contingencies in a real estate contract?
a. Obtaining the deposit
b. Down Payment
c. Closing Costs
d. None of the answers are correct - CORRECT ANSWER-d. None of the
answers are correct
This form is used as a final walk-through, a few days prior to closing the
sale
a. physical inspection report
b. property compliance inspection
c. verification of property condition
d. none of the above - CORRECT ANSWER-c. Verification of property
condition
This form identifies items of value attached to the structure or land and
states whether these items are operational.
, a. property physical inspection report
b. buyer's inspection advisory
c. valuation report
d. transfer disclosure statement - CORRECT ANSWER-b. Buyer's
inspection advisory
To be enforceable, a contract must be accepted by all parties:
a. in its entirety.
b. in a timely manner.
c. before the end of the month end.
d. none of the above. - CORRECT ANSWER-a. In its entirety.
This type of dispute resolution is a binding decision with no right to an
appeal.
a. Arbitration
b. Mediation
c. Remedial resolution
d. Final resolution - CORRECT ANSWER-a. Arbitration
A Lead-Based Paint Disclosure must be provided with the contract for any
residential properties constructed before
a. 1945
b. 1970
