Promulgated forms quiz - Study guides, Class notes & Summaries

QUIZ 1: All oral negotiations are______ - Answer- (A) voluntary The ______ assumes primarily liability for performance under the contract - Answer- (A) assignee Mutual consent is completed by the process of ______ - Answer- (B) offer and acceptance Which of the following is the buyers primary obligation toward the performance of a real estate contract? - Answer- (C) be ready to pay the agreed-upon price Which of the following contracts is NOT assignable? - Answer- (C) contracts for...

he seller - Unless otherwise stated in the Seller's Temporary Residential Lease, who shall bear the cost of all expenses for the repairs and maintenance of the property during the term of the lease...? Seller needs to release the buyer's earnest money - If both parties sign the Notice of Buyer's Termination of Contract, what still remains to be done...? Addendum For Coastal Area Property - If a buyer is purchasing a property adjacent to coastal waters, what form must be included with the...

Principles of Real Estate 1- Champions Quiz correctly answered 2023 verifiedContracts with a person who lacks mental capacity can be - correct answer either void or voidable Community property is a concept of - correct answer Spanish law, and marriage is regarded as a partnership. Intermediary Without Appointments. - correct answer an agent will have the opportunity to sell their own listing. Oil and gas companies employ - correct answer a large number of individuals with a real estate ...

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Texas Promulgated Contract Forms Questions & Answers 2023(A+GRADED 100%VERIFIED)

Principles of Real Estate 1- Champions Quiz with Complete Solutions Contracts with a person who lacks mental capacity can be - ANSWER-either void or voidable Community property is a concept of - ANSWER-Spanish law, and marriage is regarded as a partnership. Intermediary Without Appointments. - ANSWER-an agent will have the opportunity to sell their own listing. Oil and gas companies employ - ANSWER-a large number of individuals with a real estate background. The NFIP - ANSWER-offers flo...

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 - Answer- (b) In writing If a contract has been entered into with a person who has been judged to be incompetent, that contract is considered ____________ because that person n...

Texas SAE Real Estate Brokerage Quiz Bank (Correctly Answered) | Latest 2023/2024 solutions 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. - Broke...

Champions Promulgated Contract Forms 2018 Practice Quiz

Promulgated Contract Forms Quiz Questions (30 questions) quiz for Professional Development.