Promulgated contract form Study guides, Class notes & Summaries

Real Estate U Texas Promulgated Contract Forms(4) Exam To have no force or effect is referred to as a .......... contract? Void Valid Enforceable Executed - answerVoid That which is capable of being adjusted void, but is not unless action is taken to make it so, is referred to as a/an ............ contract? Unenforceable Voidable Executed Expired - answerVoidable In order to be considered a competent party, an individual must be of the age of the...? Majority Minority Other party...

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Allied - Texas Promulgated Contract Form Questions and Answers Graded A When the buyer assumes the sellers loan, the ______ becomes responsible for repayment of the loan as well as any other obligations to the lender. Buyer Lenders view non-realty items within the real estate contract to be ______, and therefore the value of those items needs to be deducted from the sales price. Sales concession When completing the contract how should you describe the location of the property Lot and block le...

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Champions Promulgated Contract Forms Book Review Questions and Answers 100% CorrectChampions Promulgated Contract Forms Book Review Questions and Answers 100% CorrectChampions Promulgated Contract Forms Book Review Questions and Answers 100% CorrectThe two most common disclosure forms include - ANSWER-Texas Real Estate Commission, and Texas Association of REALTORS® A conventional loan is best described as any loan - ANSWER-that is not a government loan. A "meeting of the minds" - ANSWE...

Promulgated Contract Forms - Study Guide Rated A+ Information Needed to Complete Contract Forms -Elements and Practice 1-4 Family Residential Contract (Resale): The heading of this contract contains; date the contract form was approved by the Commission. License holders must take care to use only the most current version of a contract form. Failure to use the most current version is a violation of the license act. The title of the form reveals its intended use. The contract form is the 1-4 famil...

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TEXAS PROMULGATED CONTRACT FORM EXAM ACTUAL EXAM 200 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) AGRADE.