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Texas Promulgated Contract Forms
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Texas Promulgated Contract Forms (Terms)
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Texas Promulgated Contracts Exam Study Guide With Complete Solution 2023
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Texas Promulgated Contracts Exam Study Guide With Complete Solution 2023 
According to the Addendum for "Back-Up" Contract, when must the option money be paid? 
((Correct Ans:-Upon execution 
 
Real Estate Dealer's License Act (REDLA) 
((Correct Ans:-Passed in 1939, it required real estate agents to obtain licenses. It was changed to the Texas Real Estate License Act in 1949 
 
True or False: The seller would be the party of the first part and the buyer would be the party of the second part...
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Texas Promulgated Contract Forms Questions (Answered) 100% 2023
- Examen • 43 páginas • 2023
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Texas Promulgated Contract Forms Questions (Answered) 100% 2023 
 
An agreement that allows a tenant to purchase a property during the lease term. 
 
a. Promulgated forms 
b. Counteroffer 
c. Unauthorized practice of law 
d. Lease-purchase agreement 
e. Offeror ((Correct Ans:- D 
 
TREC-promulgated lease forms are for a term of no more than ________________ days. 
 
a. 180 
b. 30 
c. 90 
d. 60 ((Correct Ans:- C 
 
A(n) ________________ is a rejection of the original offer coupled with a new offe...
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Champions Promulgated Contract Forms Questions Answered Correctly 2023
- Examen • 20 páginas • 2023
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Champions Promulgated Contract Forms Questions Answered Correctly 2023 
The five essential elements that must exist for a real estate sales contract to be considered valid and enforceable are: legal purpose, competent parties, mutual assent, consideration and ____________. 
 
(a) Signature of witnesses 
(b) In writing 
(c) Acknowledgment by a notary 
(d) Recording in county clerk's office ((Correct Ans:- (b) In writing 
 
If a contract has been entered into with a person who has been judged to ...
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TEXAS ALL INCLUSIVE
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TEXAS ALL INCLUSIVE
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