EstatePass
Promulgated Contract FormsMandatory_use_rulesEASY

A Texas sales agent is helping a buyer purchase a single-family home. The buyer asks the agent to prepare the purchase contract. Under TREC rules, which form must the sales agent use?

Correct Answer

D) A TREC promulgated contract form with only the blanks filled in

Under TREC Rules §537.11, Texas license holders are required to use TREC promulgated contract forms and may only fill in the blanks. They cannot draft their own contract language or use non-TREC forms for transactions that have a corresponding promulgated form.

Answer Options
A
Any contract form approved by the Texas Association of Realtors
B
A standard form from the local multiple listing service
C
A contract form drafted by the sales agent based on the transaction details
D
A TREC promulgated contract form with only the blanks filled in

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Promulgated Contract Forms Question

Sign up free to unlock full analysis

Background Knowledge for Promulgated Contract Forms

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Promulgated Contract Forms

Sign up free to unlock full analysis

Common Mistakes to Avoid on Promulgated Contract Forms Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

promulgated_formsmandatory_useTREC_537fill_in_blanks
Was this explanation helpful?

More Promulgated Contract Forms Questions

People Also Study

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing