a The contract will terminate and the buyer will get the earnest money b Seller

A the contract will terminate and the buyer will get

This preview shows page 1 - 3 out of 4 pages.

d. Whether the option fee is refundable 7. What happens if buyer’s credit is not approved under the TREC Third Party Financing Addendum, and the buyer gives timely notice to the seller? 8. Sellers contribution to a residential service contract is addressed is which paragraph of the TREC One to Four Family Residential Contract?
Background image
9. Property approval, according to paragraph B2 in the Third Party Financing Addendum, includes 10. Which law requires that a contract have a proper legal description? a. The Statute of Frauds b. The Statute of Limitations c. The Deceptive Trade Practices Act d. The Real Estate License Act 11. How should the TREC One to Four Family Residential Contract be filled out if the property is not located within a city? 12. If the buyer wishes to make an all cash offer, how should paragraph 3 of the TREC One to Four Family Residential Contract be completed? 13. If the buyer wants to be sure the fireplace screen stays with the property, the buyer’s agent should
Background image
Image of page 3

You've reached the end of your free preview.

Want to read all 4 pages?

  • Fall '15

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture