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Exam (elaborations)

RELE 1200 EXAM 2026 Questions and Answers

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RELE 1200 EXAM 2026 Questions and Answers

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Uploaded on
November 11, 2025
Number of pages
11
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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RELE 1200 EXAM 2026 Questions and
Answers

Fixtures can be excluded from sale by writing them in on the blank lines of the

contract in which part of the contract? - Correct answer-paragraph 2 property

description

How does a void contract differ from a voidable one? - Correct answer-A void

contract cannot be recognized or enforced

How do you indicate "and husband" in Latin? - Correct answer-et vir

How is the broker-lawyer committee made up? - Correct answer-It is made up of 6

attorneys, and 6 brokers and 1 public member

If the buyer wants to move in before the possession date, or the seller wants to

move out late, after the closing date, how should this be set up in through TREC's

forms? - Correct answer-use TREC promulgated temporary lease forms

In paragraph 3.A. of the TREC contract, the blank line to put in a figure for cash

(as opposed to 3.B. financing or 3.C. total sales price) includes which of the

following? - Correct answer-money paid as a down payment from buyer to seller

©COPYRIGHT 2025, ALL RIGHTS RESERVED 1

, Generally, when is it best to move the buyer into the seller's vacant property? -

Correct answer-A few days after the closing

The seller moves out months before the closing to take up a job in a new city.

Meanwhile the list broker works on selling the house. What issue may need to be

addressed due to the early move out? - Correct answer-Investigate obtaining

vacancy insurance to cover losses to the vacant home

Who writes TREC's forms? - Correct answer-The Broker-Lawyer Committee

What is NOT absolutely essential to a valid name for a party on a Texas Earnest

Money Contract? - Correct answer-a suffix such as M.D. or Ph.D. and a first and

last name

What law requires real estate sales contracts to be in writing? - Correct answer-

Statute of Frauds

What is the legal status of the middle name for a party on a Texas Earnest Money

contract? - Correct answer-it is surplusage, but useful surplusage that should be

used

What word best defines the difference between fraud and mistake? - Correct

answer-Fraud involves intent, mistake does not

Which of the following is the least proper? - Correct answer-Tom Jones and wife


©COPYRIGHT 2025, ALL RIGHTS RESERVED 2

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