Texas Promulgated Contract Forms: Ch. 3 Quiz
Austin Holdings, LLC
Austin Holdings is a limited liability company, which is purchasing a residential property for the company. How should Austin Holdings' name appear on the purchase contract...?
Lead-Based Paint Addendum
Houses built prior to 1978 need to include which of the following addenda....?
Seller's Deed
John is a real estate agent who is preparing a contract for his client, the seller. Where should John look to find the name of the seller...?
Earnest Money
Paragraph 5 of the One to Four Family Residential Contract - Resale primarily deals with...?
Non-Realty Items
Personal property items are considered...?
Items of Personal Property that will Stay with the Property after Closing
The Non-Realty Items Addendum includes which of the following...?
All of the Above
The One to Four Family Residential Contract - Resale is used for which of the following properties...? - Tri-plex properties - Duplex properties - Single family homes - All of the above
Buyer's Name as Listed in the Purchase Contract
When a buyer takes title to a property, the name listed on the deed will match which of the following...?
Equity in the House
A reverse mortgage is paid back using which of the following...?
Buyer Moves into the Property Prior to Closing
A temporary lease is used when which of the following occurs...?