Texas Promulgated Contract Forms notes

Texas Promulgated Contract Forms Exam, All Questions with Correct Answers |100% A competent party is one that is: a. At least 18 years of age b. Mentally competent c. Cannot be temporary incompetent d. All of the above ((Correct Ans:-d. All of the above The Texas Real Estate Commission regulates a licensee in which of the following situations? a. When the licensee is purchasing a house b. When the licensee is purchasing a commercial building c. When the licensee is selling a hou...

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...

Comprehensive Sets; TEXAS PROMULGATED CONTRACTS Exams Questions All with Correct Answers |2023 Guarantee Pass,Comprehensive Sets; TEXAS PROMULGATED CONTRACTS Exams Questions All with Correct Answers |2023 Guarantee Pass

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 ...