AYPO REAL ESTATE PROMULGATED
CONTRACTS EXAM QUESTIONS WITH
VERIFIED ANSWERS [ GRADED A+]
"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 - ✔✔c. Permitted disclosures
©morren2024/2025.Year published 2024.
,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
c. Any of these
d. Just leave it blank - ✔✔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
©morren2024/2025.Year published 2024.
,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 - ✔✔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 - ✔✔a. The title report
What category of disclosure do "psychological stigmas" fall into in
Texas?
©morren2024/2025.Year published 2024.
, a. Prohibited
b. Required
c. Permitted
d. None of these - ✔✔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 - ✔✔d. The Broker-Lawyer
Committee
©morren2024/2025.Year published 2024.
CONTRACTS EXAM QUESTIONS WITH
VERIFIED ANSWERS [ GRADED A+]
"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 - ✔✔c. Permitted disclosures
©morren2024/2025.Year published 2024.
,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
c. Any of these
d. Just leave it blank - ✔✔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
©morren2024/2025.Year published 2024.
,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 - ✔✔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 - ✔✔a. The title report
What category of disclosure do "psychological stigmas" fall into in
Texas?
©morren2024/2025.Year published 2024.
, a. Prohibited
b. Required
c. Permitted
d. None of these - ✔✔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 - ✔✔d. The Broker-Lawyer
Committee
©morren2024/2025.Year published 2024.
