Real Estate Principles Practice Question
Question
A property owner asks how a rule affects marketability in a Texas real estate transaction involving legal descriptions. Which statement is most accurate for exam purposes? (Item 342)
Answer choices
- A. A licensee may give legal conclusions instead of recommending qualified legal advice when the issue is uncertain.
- B. Identify adequate property descriptions used in Texas transactions.
- C. A verbal understanding always replaces any written requirement in a real estate transaction.
- D. The licensee should avoid documenting the issue to reduce the chance of later questions.
Correct Answer
B. Identify adequate property descriptions used in Texas transactions.
Explanation
The correct answer is B because legal descriptions requires candidates to identify adequate property descriptions used in Texas transactions. 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: Real Estate Principles
- Objective: legal descriptions