Blog

A sales contract in which a promise is exchanged for a promise is ________.

Paragraph 7A gives every buyer the right to do inspections.

The purpose of the Texas Real Estate License Act (TRELA) is to _____________.

When the parties agree to change a contract that has already been agreed upon; the proper form to use is the _____________.

The Broker-Lawyer Committee _________.

The TREC contract forms say that if the property is damaged by fire or other casualty prior to closing, the ____________.

With a buyer’s or seller’s temporary lease there can be an issue of liability. All parties in the transaction should be sure the property is ________________at all times.

What are the three (3) ways that an agent may provide Notice(s) to a client?

Paragraph 8C gives every buyer the right to do an inspection of the property.

In the figure above, label components A-F. A: [BLANK-1] B: [BLANK-2] C: [BLANK-3] D: [BLANK-4] E: [BLANK-5] F: [BLANK-6]