100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Texas Real Estate Exam Prep (From PearsonVUE and & Champions National Exam Prep) Exam Questions and answers £8.00   Add to cart

Exam (elaborations)

Texas Real Estate Exam Prep (From PearsonVUE and & Champions National Exam Prep) Exam Questions and answers

 6 views  0 purchase

Texas Real Estate Exam Prep (From PearsonVUE and & Champions National Exam Prep) Exam Questions and answers

Preview 4 out of 36  pages

  • June 22, 2024
  • 36
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (471)
avatar-seller
Wisdoms
Texas Real Estate Exam Prep (From
PearsonVUE and & Champions
National Exam Prep) Exam
Questions and Answers


A property owner has decided to do some landscaping work on his yard. he has planted a tree
surrounded by some flowering shrubs. The tree and shrubs are an example of:

a) encroachments

b) improvements

c) surface rights

d) emblements - Correct Answer - b) improvements

A property owner has a waterfront lot on a stream. He has the right to use the water from the stream.
What is this right called?

a) riparian

b) littoral

c) appropriative

d) appropriation - Correct Answer - a) riparian

A commercial tenant is aware that his lease will expire at the end of the month. He has begun to
disassemble his display cabinets and shelves. Which of the following statements about this is true?

A) he cannot take them without first obtaining written permission from the landlord.

b) if the landlord wants them, he can pay the tenant and the tenant must leave them

c) The tenant can take these as they are trade fixtures

,d) he must disclose to the landlord that he plans to take them - Correct Answer - c) the tenant can take
these as they are trade fixtures

A seller is attending the closing on his property. The title company has discovered an unsatisfied M&M
lien on the property. Which of the following is the most likely reason for the lien?

a) a workman on the property left tools behind

b) unpaid personal property taxes

c) plumbing work that was completed but never paid for

d) a judgment - Correct Answer - c) plumbing work that was completed but never paid for

A listing agent went to inspect a seller's property hoping to list it for sale. The seller told the listing agent
that his neighbor's satellite dish trespasses on his property. This is an example of:

a) annexation

b) encroachment

c) appurtenance

d) license - Correct Answer - b) encroachment

A father gives his son a life estate on a property. The son leases the property. The tenant dies. What
happens to the property?

a) it reverts to the father

b) it goes to the remainderman

c) it goes back to the son until he dies

d) it goes to the son's heirs - Correct Answer - c) it goes back to the son until he dies

A man leaves his second wife a life estate in their home after which the property goes to his children
from his first marriage. The children:

a) are remaindermen

b) have fee simple determinable

c) have a life estate

d) have a dominant interest in the property - Correct Answer - a) are remaindermen

Which of the following statements about an easement is true?

,a) an easement is a benefit to the servient property owner

b) an easement is an encroachment

c) an easement is a benefit to the dominant property owner

d) an easement in gross belongs to or passes with the land - Correct Answer - c) an easement is a
benefit to the dominant property owner

P, Q, and R are joint tenants, P wants to sell the property, but Q and R do not. What can P do?

a) file an injunction against the other owners

b) seek a writ of execution

c) file a suit for partition

d) get a release - Correct Answer - c) file a suit for partition

A, B and C are joint tenants. C dies. B sells his share to D. What type of ownership do A and D have?

a) joint tenants

b) tenants by the entirety

c) tenants in common

d) tenants in severalty - Correct Answer - c) tenants in common

Under what right can the government change property use from commercial to residential only?

a) Police Power

b) Eminent Domain

c) Taxation

d) Escheat - Correct Answer - a) Police Power

Ownership of the common areas of condominiums is most likely to be:

a) joint tenancy

b) tenancy by the entirety

c) tenancy in common

d) sole ownership - Correct Answer - c) tenancy in common

What should a buyer do to ensure that he is getting the best title to real property?

, a) get an attorney's opinion of title

b) get title insurance

c) get a special warranty deed

d) get a general warranty deed - Correct Answer - d) get a general warranty deed

Which covenant in a deed guarantees that the owners will not suffer or be disturbed by any claims in
the property?

a) the covenant of seizen

b) the covenant against encumbrances

c) the covenant of quiet enjoyment

d) the covenant of warranty forever - Correct Answer - c) the covenant of quiet enjoyment

Excess money at a foreclosure sale goes to:

a) the borrower

b) the lender

c) the courts

d) the trustee - Correct Answer - a) the borrower

The required distance between buildings and a federally protected endangered species wetlands, two
incompatible uses, is an example of:

a) space determined by deed restrictions

b) Condemnation

c) a buffer zone

d) space determined by zoning - Correct Answer - c) a buffer zone

After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the foreclosure sale.
This is called:

a) right of first refusal

b) right of redemption

c) deed in lieu of foreclosure

d) an equitable estate - Correct Answer - b) right of redemption

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Wisdoms. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for £8.00. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79650 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now

Start selling
£8.00
  • (0)
  Add to cart