12/2/24, 7:58 AM 2024|Promulgated Contracts Exam |Comprehensive questions and verified answers/accurate solutions|Get it 100% correct!! Al…
2024|Promulgated Contracts Exam
|Comprehensive questions and verified
answers/accurate solutions|Get it 100% correct!!
Already graded A+
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (140)
When would it be for a client buying a new home that is being built
appropriate to use the
New Home Contract
(Incomplete
Construction)?
A buyer needs more pay an additional option fee
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?
https://quizlet.com/978393575/2024promulgated-contracts-exam-comprehensive-questions-and-verified-answersaccurate-solutionsget-it-100-cor… 1/17
,12/2/24, 7:58 AM 2024|Promulgated Contracts Exam |Comprehensive questions and verified answers/accurate solutions|Get it 100% correct!! Al…
In TREC promulgated where to send official notices about the contract
contracts, what does
Paragraph 21: Notices
provide information
about?
If a seller wants to Paragraph B2
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?
If an agent makes a The title policy will be amended to read "shortage in
change to Paragraph 6A8 area" rather than the standard exception.
in a TREC promulgated
contract, which of these
is most likely to be the
result?
In Paragraph 9 of the Closing
One to Four Family
(Resale) contract, what
must happen "on or
before" the specified
date?
Rollback taxes are Residential Service Contract
addressed in all of the
following EXCEPT:
What are brokers post it in each office
required to do regarding
Consumer Protection
Notice TREC No. CN 1-2?
https://quizlet.com/978393575/2024promulgated-contracts-exam-comprehensive-questions-and-verified-answersaccurate-solutionsget-it-100-cor… 2/17
, 12/2/24, 7:58 AM 2024|Promulgated Contracts Exam |Comprehensive questions and verified answers/accurate solutions|Get it 100% correct!! Al…
Agent Ted advises his It may constitute unauthorized practice of law under
client that the title to the TRELA.
property he is buying is
clear — no need to do a
further title search. Why
is this inappropriate?
To be valid and be signed by all parties
enforceable, a contract
must be in writing,
represent a complete
agreement, have
acceptance
communicated, and:
Because many things in effective and executed date
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:
Seller Xavier's home is in have them sign a notice informing them of the extra
a special statutory tax taxes
district. According to the
Texas Water Code, what
does Xavier have to do
before going into
contract with a buyer?
Which of these is NOT that the contract is contingent on the inspection
something that is
appropriate to put in The Special Provisions section can be used for
Paragraph 11 (the Special relevant business information (such as the names of
Provisions section) of a the parties or the property description) that did not
TREC promulgated fit in the fields provided.
contract?
https://quizlet.com/978393575/2024promulgated-contracts-exam-comprehensive-questions-and-verified-answersaccurate-solutionsget-it-100-cor… 3/17
2024|Promulgated Contracts Exam
|Comprehensive questions and verified
answers/accurate solutions|Get it 100% correct!!
Already graded A+
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (140)
When would it be for a client buying a new home that is being built
appropriate to use the
New Home Contract
(Incomplete
Construction)?
A buyer needs more pay an additional option fee
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?
https://quizlet.com/978393575/2024promulgated-contracts-exam-comprehensive-questions-and-verified-answersaccurate-solutionsget-it-100-cor… 1/17
,12/2/24, 7:58 AM 2024|Promulgated Contracts Exam |Comprehensive questions and verified answers/accurate solutions|Get it 100% correct!! Al…
In TREC promulgated where to send official notices about the contract
contracts, what does
Paragraph 21: Notices
provide information
about?
If a seller wants to Paragraph B2
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?
If an agent makes a The title policy will be amended to read "shortage in
change to Paragraph 6A8 area" rather than the standard exception.
in a TREC promulgated
contract, which of these
is most likely to be the
result?
In Paragraph 9 of the Closing
One to Four Family
(Resale) contract, what
must happen "on or
before" the specified
date?
Rollback taxes are Residential Service Contract
addressed in all of the
following EXCEPT:
What are brokers post it in each office
required to do regarding
Consumer Protection
Notice TREC No. CN 1-2?
https://quizlet.com/978393575/2024promulgated-contracts-exam-comprehensive-questions-and-verified-answersaccurate-solutionsget-it-100-cor… 2/17
, 12/2/24, 7:58 AM 2024|Promulgated Contracts Exam |Comprehensive questions and verified answers/accurate solutions|Get it 100% correct!! Al…
Agent Ted advises his It may constitute unauthorized practice of law under
client that the title to the TRELA.
property he is buying is
clear — no need to do a
further title search. Why
is this inappropriate?
To be valid and be signed by all parties
enforceable, a contract
must be in writing,
represent a complete
agreement, have
acceptance
communicated, and:
Because many things in effective and executed date
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:
Seller Xavier's home is in have them sign a notice informing them of the extra
a special statutory tax taxes
district. According to the
Texas Water Code, what
does Xavier have to do
before going into
contract with a buyer?
Which of these is NOT that the contract is contingent on the inspection
something that is
appropriate to put in The Special Provisions section can be used for
Paragraph 11 (the Special relevant business information (such as the names of
Provisions section) of a the parties or the property description) that did not
TREC promulgated fit in the fields provided.
contract?
https://quizlet.com/978393575/2024promulgated-contracts-exam-comprehensive-questions-and-verified-answersaccurate-solutionsget-it-100-cor… 3/17
