In which case may the seller terminate the contract and receive the earnest

In which case may the seller terminate the contract

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QUESTION# 68In which case may the seller terminate the contract and receive the earnest money under the TREC Seller Financing Addendum?a.If the buyer fails to have the house inspected within the negotiated time period.b.If the seller decides that the buyer’s credit is not satisfactory.c.The seller may never terminate the contract and receive the earnest money under the TREC Seller Financing Addendum.d.If the buyer fails to provide credit documentation within the negotiated time period.QUESTION# 69Which of the following is included in paragraph 2 of the TREC One to Four Family Residential Contract?
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Texas Promulgated Forms, Second Edition UpdateQUESTION# 70Which paragraph of TREC One to Four Family Residential Contract addresses whether the property is subject to an HOA?QUESTION# 71Which of the following is TRUE under the TREC Third Party Financing Addendum?QUESTION# 72What information is NOT needed to complete paragraph 23 of the TREC One to Four Family Residential Contract?a.Buyer required repairsb.The option fee amountc.How many days in the option periodd.Whether the option fee will be credited to the sales price at closingQUESTION# 73The date in the upper right corner of the promulgated contract form is the dateQUESTION# 74A buyer wishes to get a USDA guaranteed loan. Which form should the agent use to address that type of financing?©2016 Kaplan, Inc.May be reproduced for educational uses only.
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Texas Promulgated Forms, Second Edition Update
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