Texas Real Estate Brokerage Sales Apprentice Education (SAE) Practice Exam

The correct answer is the Commercial Property Contract, as it is not one of the six promulgated contract forms established by the Texas Real Estate Commission (TREC). TREC has created specific forms to standardize certain transactions and provide clarity and protection for all parties involved. The promulgated forms include the One to Four Family Residential Contract, the Condominium Contract, and the Farm and Ranch Contract, among others designed for residential and certain specialized sales. The Commercial Property Contract, while it may be used in Texas real estate transactions, is not one of the standardized forms published by TREC. This means that it was not developed or officially sanctioned for use by TREC, making it distinct from the other options listed, which are recognized and prescribed for specific types of real estate transactions.