Blog

If the Third Party Addendum for Credit Approval says credit approval must be obtained within ten days after the effective date, and the appraisal comes in too low for the lender to make the loan on the 12th day, what is the status of the contract?

All agreements are contracts.

Which of the following is NOT an essential element of a valid contract?

Which of the following is TRUE regarding the presentation of offers to a seller?

The Notice in 6E(1) is a requirement of the Real Estate License Act. 

According to the Seller’s Financing Addendum, if the buyer delivers his credit information to the seller timely and the seller determines it is unacceptable, how many days after the date for the expiration of the time for delivery does the seller have to terminate?

What type of listing forms does TREC provide?

In paragraph 3 of the One to Four Family Residential Contract, the sales price is the sum of the cash portion of the sales price ___________.

Paragraph 7B(2) is for the buyer’s agent who is preparing an offer but has not been able to get a completed seller’s disclosure from the listing agent.

Paragraph 7H informs the buyer of their right to choose a home warranty company.