AYPO REAL ESTATE LAW OF CONTRACTS EXAM NEWEST 2025
ACTUAL EXAM WITH COMPLETE 120 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+ | GUARANTEED PASS
A(n) ____ contract can be formed where no contract was ever actually
intended. - Correct Answer > Implied
In order to recover damages under the DTPA, the consumer has to show
that the information was withheld: - Correct Answer > With intent to induce
the consumer into a transaction
Intent to form a contract requires which of the following? (Best answer.)
- Correct Answer > An agreement to exact terms.
A contract for deed is also known as: - Correct Answer > Both of these names
An advantage to buyers in a lease-purchase option is which of the
following? - Correct Answer > It can be easier for a difficult to qualify buyer to
purchase a home with a lower down payments.
,Eminent domain in Texas MAY NOT be used for which of these
purposes? - Correct Answer > Private party uses.
Graduated and index leases are what types of leases? - Correct Answer >
Variable.
A "mirror" will is a : - Correct Answer > Reciprocal will.
Under a land sales contract which of the following statements is
accurate? (Best answer.) - Correct Answer > All of these are accurate.
Which type of listing agreement is the only one to guarantee the broker
a commission in the event of a successful sale? - Correct Answer > Exclusive-
right-to-sell
A Deed of Trust allows for what type of foreclosure? - Correct Answer > Non-
judicial
Once the offer to purchase and all details and contingencies are agreed
upon, and all parties are signed, which of these should happen next? -
Correct Answer > All of these.
, A title search includes a searching of public records to determine these
issues, except for: - Correct Answer > Credit history of the potential buyer.
Which of these might a certificate of title include? - Correct Answer > Any of
these
Contingencies are best described by which of the following? - Correct Answer >
Specific events of conditions that must occur or be removed for the
offer/purchase agreement to be valid.
Oral agreements in relation to business purchases or hiring of services
can be enforceable under which of these circumstances? - Correct Answer > If
the words used can be proven and the intent reasonably discerned from
those words.
A non-exclusive/not for compensation buyer- broker agreement: - Correct
Answer > all of these
For leases lasting less than ____, oral agreements can be enforceable. -
Correct Answer > One year
Which of these provides the broadest definition of land, property, and
ownership rights? - Correct Answer > Real Property.
ACTUAL EXAM WITH COMPLETE 120 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+ | GUARANTEED PASS
A(n) ____ contract can be formed where no contract was ever actually
intended. - Correct Answer > Implied
In order to recover damages under the DTPA, the consumer has to show
that the information was withheld: - Correct Answer > With intent to induce
the consumer into a transaction
Intent to form a contract requires which of the following? (Best answer.)
- Correct Answer > An agreement to exact terms.
A contract for deed is also known as: - Correct Answer > Both of these names
An advantage to buyers in a lease-purchase option is which of the
following? - Correct Answer > It can be easier for a difficult to qualify buyer to
purchase a home with a lower down payments.
,Eminent domain in Texas MAY NOT be used for which of these
purposes? - Correct Answer > Private party uses.
Graduated and index leases are what types of leases? - Correct Answer >
Variable.
A "mirror" will is a : - Correct Answer > Reciprocal will.
Under a land sales contract which of the following statements is
accurate? (Best answer.) - Correct Answer > All of these are accurate.
Which type of listing agreement is the only one to guarantee the broker
a commission in the event of a successful sale? - Correct Answer > Exclusive-
right-to-sell
A Deed of Trust allows for what type of foreclosure? - Correct Answer > Non-
judicial
Once the offer to purchase and all details and contingencies are agreed
upon, and all parties are signed, which of these should happen next? -
Correct Answer > All of these.
, A title search includes a searching of public records to determine these
issues, except for: - Correct Answer > Credit history of the potential buyer.
Which of these might a certificate of title include? - Correct Answer > Any of
these
Contingencies are best described by which of the following? - Correct Answer >
Specific events of conditions that must occur or be removed for the
offer/purchase agreement to be valid.
Oral agreements in relation to business purchases or hiring of services
can be enforceable under which of these circumstances? - Correct Answer > If
the words used can be proven and the intent reasonably discerned from
those words.
A non-exclusive/not for compensation buyer- broker agreement: - Correct
Answer > all of these
For leases lasting less than ____, oral agreements can be enforceable. -
Correct Answer > One year
Which of these provides the broadest definition of land, property, and
ownership rights? - Correct Answer > Real Property.
