Texas Law of Contracts: Ch. 1 Quiz

All of the above

How can an agent avoid the unauthorized practice of law...? - Refer their client to an attorney for legal advice - Refuse to provide legal advice - Have their client's attorney perform any edits to the contract form - All of the above

Before the prospective buyer makes an offer

In order to help prevent the buyer from withdrawing their offer, when should a seller provide a prospective buyer with the property disclosure form...?

Promulgated

Once TREC approves a form drafted or edited by the Broker/Lawyer Committee, the form is considered...?

Rules regarding the Texas contract forms

Section 1101.155 of the Texas Real Estate License Act deals with what...?

Consumers

The DTPA helps protect...?

TRELA

The duties and powers of TREC are described in which of the following documents...?

Ethics

The moral principles that govern a person's or group's behavior are known as...?

TREC website

Where can agents and brokers look to find the most up to date promulgated contract forms...?

Attorneys

Who is authorized to provide legal advice to sellers...?

The Texas Real Estate Commission

Who oversees the Broker/Lawyer Committee...?