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CHAMPIONS LAW OF CONTRACTS exam 2 questions and answers with solutions 2025

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In———- the Texas real estate commission was established to administer an enforce the TRELA. - ANSWER 1949 TREC has only _______ promulgated lease forms. - ANSWER 2 in the TAR sellers disclosure, the seller should? - ANSWER a)Prepare the disclosure when the listing is taken b) be the only one completing this form or any part of it. Both a&b Which of the following can result in a license revocation or suspension by TREC? a) failure to use TRECS, promulgated forms b) failure to...

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LAW OF CONTRACTS CHAMPIONS TEST questions and answers with solutions 2025

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The TREC residential contract forms are: - ANSWER Drafted by the Broker Lawyer Committee Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER fraud Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. - ANSWER goods If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: - ANSWER Enter into a Seller's Temporary Residential Lease The Buyer and Selle...

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LAW OF CONTRACTS CHAMPIONS SCHOOL OF REAL ESTATE questions and answers with solutions 2025

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TERLA - ANSWER - Texas Real Estate License Act - Created in 1939 TREC - ANSWER - Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA Real Estate Center - ANSWER - Located at Texas A&M University - Created in 1970 TREC-Promulgated Forms/Leases (Residential): - ANSWER - One-to-Four Family Residential Contract (Resale) - New Home Contract (Completed Construction) - Residential Condo Contract (Resale) - New Home Contract (Incomplete Construction) ...

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LAW OF CONTRACTS - CHAMPIONS TEST questions and answers with solutions 2025

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Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - ANSWER 90 days __________ extend above the surface without limitation. - ANSWER air rights An example(s) of an appurtenance would be: - ANSWER easements There is no upper limit on the value of a Texas homestead. - ANSWER true A(n) __________ is one that combines some of the e...

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ALL Davis Advantage for Fundamentals OF NURSING EXAMS PACKAGE DEAL QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS UPDATED 2025

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ALL Davis Advantage for Fundamentals OF NURSING EXAMS PACKAGE DEAL QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS UPDATED 2025

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