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Law of Contracts - CHAMPIONS TEST Exam Questions and Answers 100% Solved $10.49   Add to cart

Exam (elaborations)

Law of Contracts - CHAMPIONS TEST Exam Questions and Answers 100% Solved

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  • Course
  • Law of contracts
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  • Law Of Contracts

Law of Contracts - CHAMPIONS TEST Exam Questions and Answers 100% Solved Wrongful or criminal deception intended to result in financial or personal gain is called: - fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - 90 days _________...

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  • October 11, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Law of contracts
  • Law of contracts
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JOSHCLAY
©JOSHCLAY 2024/2025. YEAR PUBLISHED, 2024.
Law of Contracts - CHAMPIONS TEST

Exam Questions and Answers 100%

Solved


Wrongful or criminal deception intended to result in financial or personal

gain is called: - ✔✔fraud

The Buyer and Seller Temporary Residential Lease forms may be used for

a lease period not to exceed: - ✔✔90 days

__________ extend above the surface without limitation. - ✔✔air rights

An example(s) of an appurtenance would be: - ✔✔easements

There is no upper limit on the value of a Texas homestead. - ✔✔true

A(n) __________ is one that combines some of the elements of a sale with

a lease. - ✔✔lease purchase agreement

Which of the following requires a contract for the conveyance of real estate

to be in writing to be enforceable? - ✔✔statute of frauds

If a broker receives more than one offer on a property: - ✔✔All must be

presented to the seller unless the seller has instructed the broker otherwise

, ©JOSHCLAY 2024/2025. YEAR PUBLISHED, 2024.
The most common form of financing used by buyers is: - ✔✔third party

financing

A(n) __________ is a provision in a contract that requires that a certain act

or event happens in order for the contract to be binding on the party. -

✔✔contingency

The Lead-Based Paint Disclosure is: - ✔✔A federal requirement for

residential property built prior to 1978

In Texas, real estate contracts are subject to satisfactory inspections. -

✔✔false

The term __________ is synonymous with contingent. - ✔✔subject to

Real estate agents play a role that includes arranging for the pre-

qualification / pre-approval of buyers. - ✔✔true

Rule P-53 of the Texas Department of Insurance states that Title

Companies: - ✔✔Cannot provide food and beverages for a picnic for a

single firm, Cannot provide an annual party for a single firm, Cannot

provide continuing education classes unless they charge the market rate

for those classes

Bill is the buyer purchasing a property from Sally. All contingencies have

been met and the parties are ready to close. One day prior to closing, Sally

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