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Question 291.66667 out of 1.66667 pointsIf the seller is doing all of the financing and is furnishing the buyer withan owner’s policy of title insurance, who will pay for a mortgagee policy of title insurance and who does it protect?Selected Answer:The buyer will pay, and it protects the seller.Answers:The buyer will pay, and it protects the third-party lender.The seller will pay, and it protects the third-party lender.The buyer will pay, and it protects the seller.The seller will pay, and it protects the buyer.Question 301.66667 out of 1.66667 pointsWhat information is required to fill out paragraph 23 of the TREC One to Four Family Residential Contract?Question 311.66667 out of 1.66667 pointsWhen should a licensee present a written offer to a property owner?
Question 321.66667 out of 1.66667 pointsIn paragraph 3 of the One to Four Family Residential Contract, the sales price is the sum of the cash portion of the sales priceQuestion 331.66667 out of 1.66667 pointsA married buyer wishes to purchase a home as separate property. This will be indicated inSelected Answer:paragraph 1 of the contract.Answers:paragraph 2 of the contract.paragraph 3 of the contract.paragraph 1 of the contract.TREC's Buyer Information Form.Question 341.66667 out of 1.66667 pointsWhich of the following is a TREC promulgated form?
Question 351.66667 out of 1.66667 pointsWhen a contract appears to be valid but may be rescinded or disaffirmed by one or both parties based on some legal principle it isQuestion 361.66667 out of 1.66667 pointsA contract that complies with all the basic requirements may still be either void or voidable. To be valid, the contract must have