Texas Promulgated Forms 174 Test Quiz
Questions And Expert Answers
Which of the following is TRUE regarding occupancy restrictions?
A)
Housing providers have been permitted to develop and implement
reasonable occupancy restrictions on their own.
B)
Housing providers may not develop occupancy restrictions on their
own.
C)
Housing providers may develop but not implement reasonable
occupancy restrictions on their own.
D)
,Housing providers may not implement reasonable occupancy
restrictions on their own. - Correct Answer ✔️✔️A)
Housing providers have been permitted to develop and implement
reasonable occupancy restrictions on their own.
Which of the following is NOT a defense to the DTPA?
A)
A written limitation of liability
B)
It was impossible for the broker to know that the information was
false
C)
A reasonable offer of settlement within specified time periods
D)
,A written notice to the consumer prior to closing that the broker is
relying on written information prepared by someone else - Correct
Answer ✔️✔️A)
A written limitation of liability
Broker and buyer enter into a buyer representation agreement where
the buyer agrees to pay the broker 4% if the broker is not paid by the
seller or the listing agent. The MLS listing indicates a 3%
compensation offer to selling broker. How much will the buyer have
to pay?
A)
4%
B)
3%
C)
, Nothing
D)
1% - Correct Answer ✔️✔️D)
1%
When may a defendant be held jointly and separately responsible for
all damages recoverable by the claimant?
A)
If the defendant's percentage of responsibility is greater than 40%
B)
If the defendant's percentage of responsibility is greater than 50%
C)
Anytime
D)
Questions And Expert Answers
Which of the following is TRUE regarding occupancy restrictions?
A)
Housing providers have been permitted to develop and implement
reasonable occupancy restrictions on their own.
B)
Housing providers may not develop occupancy restrictions on their
own.
C)
Housing providers may develop but not implement reasonable
occupancy restrictions on their own.
D)
,Housing providers may not implement reasonable occupancy
restrictions on their own. - Correct Answer ✔️✔️A)
Housing providers have been permitted to develop and implement
reasonable occupancy restrictions on their own.
Which of the following is NOT a defense to the DTPA?
A)
A written limitation of liability
B)
It was impossible for the broker to know that the information was
false
C)
A reasonable offer of settlement within specified time periods
D)
,A written notice to the consumer prior to closing that the broker is
relying on written information prepared by someone else - Correct
Answer ✔️✔️A)
A written limitation of liability
Broker and buyer enter into a buyer representation agreement where
the buyer agrees to pay the broker 4% if the broker is not paid by the
seller or the listing agent. The MLS listing indicates a 3%
compensation offer to selling broker. How much will the buyer have
to pay?
A)
4%
B)
3%
C)
, Nothing
D)
1% - Correct Answer ✔️✔️D)
1%
When may a defendant be held jointly and separately responsible for
all damages recoverable by the claimant?
A)
If the defendant's percentage of responsibility is greater than 40%
B)
If the defendant's percentage of responsibility is greater than 50%
C)
Anytime
D)
