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...?