Texas law of contracts Study guides, Class notes & Summaries

Consumers - ANSWER The DTPA helps protect...? Agents Consumers Sellers Attorneys Before the Prospective Buyer Makes an Offer - ANSWER In order to help prevent the buyer from withdrawing their offer, when should a seller provide a prospective buyer with the property disclosure form...? After the contract is signed with the prospective buyer Before the prospective buyer makes an offer After the prospective buyer's offer is accepted After the prospective buyer's home inspector cond...

Texas Law of Contracts Questions & Answers 2024 ( A+ GRADED 100% VERIFIED)

Texas Law of Contracts Practice Questions with solutions 2024 The purpose of the TRELA is to... protect the public protect real estate brokers from unscrupulous salespeople keep the cost of real estate services under control protect real estate license holders protect the public The DPTA is a consumer protection law which protects the public from false or misleading acts deceptive acts unconscionable acts all of these all of these Which action might leave...

Real Estate U- Texas Law of Contracts

Real-estate- Texas Law of Contracts

common law (Ans- the side of law which arises from judgements and decisions made in courts rather than explicit legislation statutory law (Ans- law formally created by lawmakers improvement (Ans- any non-natural structure built on or affixed to land real estate (Ans- a part of the surface of land to the center of the earth and upward to space, plus all improvements made by man or nature land (Ans- the surface of the earth, including all permanently attached natural features...

TRID - ANSWER TILA-RESPA Integrated Disclosure Rule (The Final Rule) TRID Rule - ANSWER Lenders must give a copy of the booklet, must provide a loan estimate (within 3 business days), a closing disclosure RESPA - ANSWER Real Estate Settlement Procedures Act Adverse Possession - ANSWER A person takes possession & use of a property belonging to another. Possession must be open, notorious, hostile & uninterrupted for a certain period of time. RESPA requirements include: - ANSWER Real Es...

TEXAS LAW OF CONTRACTS EXAM REVIEW

The purpose of the TRELA is to... protect the public protect real estate brokers from unscrupulous salespeople keep the cost of real estate services under control protect real estate license holders - correct answer--protect the public The DPTA is a consumer protection law which protects the public from false or misleading acts deceptive acts unconscionable acts all of these - correct answer--all of these Which action might leave a license holder open to ...

Doctrine of Prior Appropriation - A property owner wants to use water from a river that runs through the property to irrigate a corn field for beneficial use of the water. Based on this fact, it can be assumed that this property owners state relies on After an Offer has been accepted by a Seller, one of the first things done in the transaction process is that the Earnest money is deposited into the escrow account by - the buyer or buyer agent A buyer and a seller enter into a real estate sa...