Texas Promulgated Contracts Study Guide Exam Questions with Complete Solutions

to waive a contingency on the addendum for sale of other property by buyer, one must do all of these except: - Answer-provide evidence to support a decision to waive the contingency a cost that is not pre-rated by the title company is: - Answer-homeowner’s insurance which of these properties built before 1978 is exempt from the lead-based paint hazard disclosure? - Answer-senior/disabled housing the condominium resale certificate is filled out by: - Answer-a representative of the home or property owner’s association if the seller has misled or misrepresented something, the signature at closing: - Answer-does not release them from those promises in paragraph 6B of the TREC 1-4, the agreement calls for the seller to furnish the buyer a title commitment within ____ days - Answer-20 which of these sections is included in the residential condominium contract and not in the TREC 1-4? - Answer-all of these 2 (B) 2(C) 2(D) which of these contracts addressed the issue of lead-based paint hazard disclosure? - Answer-the one to four family residential contract (resale) which of these generally will not include a structure of any sort in the sale? - Answer-unimproved property contract to be a legally competent party to a contract, business entities must: - Answer-be in compliance with state requirements by filing annual documents and complying with assumed business name requirements in the back-up addendum, it states that an amendment or modification of the first contract: - Answer-will not terminate the first contract