Contracts and Promulgated Forms Practice Question

Question

A transaction coordinator flags a compliance question in a Texas real estate transaction involving seller disclosure notice. Which statement is the best answer? (Item 307)

Answer choices

1. A. Escrow automatically assumes all brokerage disclosure and agency duties.
2. B. The client’s preference eliminates the need to disclose known material facts.
3. C. Recognize seller property condition disclosure concepts.
4. D. The party who complains first automatically receives the legal remedy requested.

Correct Answer

C. Recognize seller property condition disclosure concepts.

Explanation

The correct answer is C because seller disclosure notice requires candidates to recognize seller property condition disclosure concepts. The other options rely on unsafe assumptions about custom, oral agreement, escrow, client preference, or independent salesperson authority and do not reflect sound Texas exam practice.

Question details

• Difficulty: medium
• Domain: Contracts and Promulgated Forms
• Objective: seller disclosure notice

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