TEXAS PROMULGATED CONTRACT

Texas Promulgated Contract Forms: Mini-Quizzes | All Answered with Complete Verified Solutions 2023/2024 Performance The execution of a contract by which the contracting parties are automatically discharged of their obligations under it is known as...? All of the above Which of the following is an example of consideration...? - Money - Personal services - Cash - All of the above Statute of Frauds A State law requiring certain contracts to be in writing and signed before they will b...

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

B In addition to the four essential elements, which of the following is necessary to make a real estate sales contract valid? A. all of the answers shown B. it must be in writng C. the mortgage lender must be listed D. the closing must take place at a lender's place of business B Mutual agreement is also referred to as A. mutual assent B. all of the answers shown C. offer and acceptance D. meeting of the minds B An offeror revokes an offer and the revocation is rece...

Texas Promulgated Contract Forms: Quiz |80 Questions with 100% Correct Answers | Updated and Verified

If a Buyer wants the Seller to pay some or all of their closing costs, it should be added to the contract in: A) Paragraph #11 (Special Provisions) B) Paragraph #12 - Seller participation in the Buyer's costs C) Third Part financing Addendum D) All of the above B) Paragraph #12- Seller participation in the Buyer's costs If a Buyer chooses not to be represented by an agent, the Buyer must be made aware that any information they share can be communicated to the Seller. A) True ...

Texas Promulgated Contract Forms & Addenda Final Exams Verified 100% Correct!! Which of the following is an example of a Bilateral contract? A Promise in exchange for a promise - Purchase Contract. Unilateral Contracts - Listing Agreement, Buyer's Rep, Option Contract Who is responsible for filling in the effective date, who, when & what? Broker. Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last par...

Which of the following is an example of a Bilateral contract? A Promise in exchange for a promise - Purchase Contract. Unilateral Contracts - Listing Agreement, Buyer's Rep, Option Contract Who is responsible for filling in the effective date, who, when & what? Broker. Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last party to initial/Sign fills in the day. Broker. Last party to accept must commu...

When does TREC regulate a licensee.... when the licensee is selling a house for a client Legal agreement between parties to do or not to do a certain act for consideration Contract Law that requires all contracts for real property to be in writing to be enforceable Statute of Frauds what is an example of good consideration love of a friend What does Duress mean use of force When a person listens to both sides of the situation and makes a decision (this dec...

Which of the following is an example of a Bilateral contract? - Answer- A Promise in exchange for a promise - Purchase Contract. Unilateral Contracts - Listing Agreement, Buyer's Rep, Option Contract Who is responsible for filling in the effective date, who, when & what? - Answer- Broker. Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last party to initial/Sign fills in the day. Broker. Last party to acc...

TEXAS PROMULGATED CONTRACT FORMS FINAL EXAM 2023/2024 REAL EXAM LEAK GUARANTEED PASS