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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023. Updated
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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) Bilateral (d) Void In the business of rea...
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Texas Promulgated Contracts CHAMPIONS Exam 2022-2023.
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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 - CORRECT ANSWER B 
 
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) Bilateral 
 
(d) Void - CORRECT ANSWER A
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TEXAS PROMULGATED CONTRACTS-CHAMPIONS STUDY
- Exam (elaborations) • 15 pages • 2023
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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 
B 
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) Bilateral 
 
(d) Void 
A 
A federal disclosure requirement for resident...
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Texas Promulgated Contract Forms EXAM Questions & Answers (Latest 2023 / 2024)
- Exam (elaborations) • 27 pages • 2023
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Promulgated Contract Forms EXAM Questions & Answers
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Texas Promulgated Contract Forms Exam, All Questions with Correct Answers |100%
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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...
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Texas Promulgated Contract Forms Questions (Answered) 100% 2023
- Exam (elaborations) • 43 pages • 2023
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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...
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Texas Promulgated Contract Forms Exam Latest 2023/2024
- Exam (elaborations) • 20 pages • 2023
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Texas Promulgated Contract Forms Exam
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Texas Promulgated Contracts Form Questions & Answers (Latest 2023 / 2024)
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Texas Promulgated Contracts Forms Questions & Answers
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Comprehensive Sets; TEXAS PROMULGATED CONTRACTS Exams Questions All with Correct Answers |2023 Guarantee Pass
- Exam (elaborations) • 286 pages • 2023
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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
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Texas Promulgated Contracts Form Exam (Latest 2023 / 2024)
- Exam (elaborations) • 9 pages • 2023
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Texas Promulgated Contracts Exam
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