Contracts
A Texas buyer who has signed a contract with an option period wants to hire a home inspector. The buyer should hire the inspector:
AAfter the option period expires
BAs early as possible during the option period to allow time to negotiate or terminate if issues are found✓ Correct
COnly after getting the seller's written approval
DOnly after the lender orders their appraisal
Explanation
Home inspections should be scheduled as early as possible during the option period to maximize the time available to review results, negotiate repairs or price adjustments, or terminate the contract before the option period expires.
Related Texas Contracts Questions
- A Texas contract provision stating that 'time is of the essence' means:
- Under the Texas One to Four Family contract, the default for who pays the escrow fee is:
- In Texas, a real estate agent who drafts contract language not found in TREC promulgated forms is:
- Under the Texas TREC contract, if the buyer fails to timely deposit the earnest money, the seller may:
- The Texas Deceptive Trade Practices Act (DTPA) gives consumers the right to sue for damages when a seller makes a false, misleading, or deceptive representation. Which of the following best describes a DTPA violation in real estate?
- A Texas seller counteroffers the buyer's offer with a higher price. The buyer then accepts the counteroffer with minor changes. This creates a:
- Under Texas contract law, 'consideration' for a real estate contract means:
- The TREC 'Buyer's Temporary Residential Lease' (also called a pre-closing occupancy agreement) allows the buyer to:
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →