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

Page: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-23-one-to-four-family-contract-structure
Text version: https://stenobird.com/podcast/real-estate-exam-prep-7644240/real-estate-exam-texas-23-one-to-four-family-contract-structure.md
Podcast: [Real Estate Exam Prep](https://stenobird.com/podcast/real-estate-exam-prep-7644240)
Published: 2026-05-08T00:21:14+00:00
Episode link: https://open-exam-prep.com/
Audio file: https://episodes.captivate.fm/episode/e2752138-96f4-4210-afa3-cd3b608a569a.mp3
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Duration seconds: 191

## Resource

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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## Transcript

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