Texas law of contracts Study guides, Class notes & Summaries
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| VERIFIED & UPDATED | 2024
- Exam (elaborations) • 32 pages • 2023
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TEXAS PRINCIPLES 1 EXAM - CHAMPIONS SCHOOL OF REAL 
ESTATE | QUESTIONS & ANSWERS| ALREADY PASSED| 
VERIFIED & UPDATED | 2024 
• The law requiring real estate contracts to be in writing is called the...? 
statue of frauds 
• Statute of Frauds: law that requires some documents (deeds 
included) to be in writing and signed in order to be enforceable by law 
• Illegal practice of directing home seekers to a particular 
neighborhood based on fair housing protected classes? Steering 
• Taking ...
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...
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RealEstateU- Texas Law of Contracts
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At a closing Buyer Betsy and George were provided a deed to transfer the property to them from the seller. What type of deed would Buyer Betsy and George most likely receive from the seller at closing if there were no issues at all with the title of the property? - Answer- General Warranty Deed 
 
When transferring the property to Buyer Betsy and George the seller would need to sign the deed as the ______ and Buyer Betsy and George would need to sign the deed as ________? 
 
A. Grantor/Grantee 
...
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Texas Law of Contracts Final Exam A with 60 Verified Questions and Answers.
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Texas Law of Contracts Final Exam A with 60 Verified Questions and Answers.
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Law of Contracts:Law of Contracts Package Deal :Contract Law Exam Study Guide:Law of Contracts Exam Preparation:Law of Contracts - Champions Test:Texas Law of Contracts:Law Of Contracts Exam Study Guide:Texas Law of Contracts Exam .
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Contract Law Exam Study Guide:Law of Contracts Exam Preparation:Law of Contracts - Champions Test:Texas Law of Contracts:Law Of Contracts Exam Study Guide:Texas Law of Contracts Exam Study Guide: Law of Contracts - Champions School of Real Estate:Law of Contracts Cumulative:Texas Law of Contracts:Questions & Answers:Latest Updated
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Texas Law of Contracts Exam Study Guide: Questions & Answers: Latest Updated
- Exam (elaborations) • 32 pages • 2024
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Describe at least two requirements under TRELA. 
(Ans- Act created by Texas Congress 1) All professionals are licensed 2) Use same policy, procedures, and forms. Providing correct documentations and forms during a transaction. TREC wanted to get things standardized. TREC was created in 1949 and that's when it began administrating TRELA. Real Estate Dealers license Act was enacted in 1939 for salesperson and brokers. TRELA is the present act which is active and administered until present day. 
...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
- Exam (elaborations) • 25 pages • 2023
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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TX-Brokerage (SAE) Questions with correct Answers 2024
- Exam (elaborations) • 54 pages • 2024
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TX-Brokerage (SAE) Questions with correct Answers 2024 
The _____ is required to ascertain that Brokers are aware of all of their responsibilities. 
Texas Real Estate Commission 
 
 
 
The _____ course is to address the regulatory aspects of the management, operation and supervision of a real estate brokerage firm in Texas. The course provides an understanding and working knowledge of a broker's responsibilities and obligations under 22 TAC §535.2. 
Broker Responsibility MCE 
 
 
 
Who Must Ta...
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CTCD 2024 EXAM WITH 100% CORRECT ANSWERS
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CTCD 2024 EXAM WITH 100% CORRECT ANSWERS 
 
Vendor Communication Agency - Initiated {Evaluation and Negotiation} - correct answer Clarify vendor can meet requirements 
Negotiations 
Exchange of info to facilitate contract award 
{G8-9, A3} 
 
When must responses be received by? - correct answer On or before the due date and established time in the solicitation 
{G64} 
 
Solicitation Process: Advertisement (ESBD) - correct answer Solicitations over $25k must be posted to ESBD as well as the notic...
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Texas Law of Contracts:Questions & Answers:Latest Updated: Guaranteed A+ Score Guide
- Exam (elaborations) • 46 pages • 2024
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Drafts and revises contract forms for use in real estate transactions in the state of Texas. 
 
a. Promulgated forms 
b. Intentionally 
c. Puffing 
d. Deceptive Trade Practices Act 
e. Broker-Lawer Committee 
(Ans- E 
 
Forms published by TREC that are mandatory for license holders to use in real estate transactions int he state of Texas. 
 
a. Promulgated forms 
b. Intentionally 
c. Puffing 
d. Deceptive Trade Practices Act 
e. Broker-Lawer Committee 
 (Ans- A 
 
Allows an aggrieved consumer t...
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Texas Law of Contracts Quiz: Questions & Answers: Latest Updated: Guaranteed A+ Score
- Exam (elaborations) • 25 pages • 2024
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The DTPA helps protect...? 
Agents 
Consumers 
Sellers 
Attorneys 
(Ans- Consumers 
 
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 conducts their inspection of the property 
(Ans- Before the...
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