TREBS Exam 5
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Use of the TREC promulgated One to Four Family Residential Contract (Resale): A. Is allowed on the sale of a residential condominium B. Can be used for a vacant residential lot C. Covers single family, duplex, triplex, and fourplex transactions D. All of the above Rationale: The correct answer is C. The TREC One to Four Family Residential Contract (Resale) covers single family, duplex, triplex, and fourplex transactions.
C. Covers single family, duplex, triplex, and fourplex transactions