TEXAS PROMULGATED CONTRACT FORMS- CH. 6 QUIZ QUESTIONS & ANSWERS

TEXAS PROMULGATED CONTRACT
FORMS- CH. 6 QUIZ QUESTIONS &
ANSWERS

A condominium's owners association is responsible for delivering which document...? - correct
answer ✔✔The Resale Certificate



The sale of a property within a subdivision, which includes a small house on it will use which
contract...? - correct answer ✔✔One to Four Family Residential Contract - Resale



Unless specified otherwise in the New Home Contract - Incomplete Construction,
the ............date should not extend beyond the closing date? - correct answer ✔✔Substantial
completion



Which of the following documents should a buyer read prior to signing the Residential
Condominium Contract - Resale...?



A) The condominium bylaws

B) The rules of the condominium association

C) The declaration of the condominium

D) All of the Above - correct answer ✔✔All of the Above



A local real estate developer is in the process of building a subdivision with 135 houses. A buyer
who purchases one of these houses prior to the substantial completion date should use which
of the following contracts...? - correct answer ✔✔New Home Contract - Incomplete
Construction