Real Estate Exam [Texas] 23, One to Four Family Contract Structure

Real Estate Exam [Texas] 23, One to Four Family Contract Structure

From Real Estate Exam Prep by Ran Chen, EA, CFP®

May 7, 2026 · 3 min

About this episode

This episode covers the structure of the One to Four Family contract and key exam topics for the Texas Real Estate Exam.

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The logical flow of the One to Four Family contract from parties and property to closing procedures. - How the exam tests key sections like Property Condition (Paragraph 7) and the "as is" clause. - The critical distinction between what can and cannot be written in Special Provisions (Paragraph 11). - Common exam traps surrounding the Seller's Disclosure Notice and a buyer's inspection rights. - The specific differences between the Termination Option Fee and Earnest Money detailed in Paragraph 5. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep

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