texas real estate practice exam questions and answers | 100% pass
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Module
Texas Real estate
Institution
Texas Real Estate
texas real estate practice exam
questions and answers | 100% pass
A farmer temporarily installs produce coolers in a leased farm stand in order to prevent
spoilage. The coolers would be considered which of the following?
a) Trade fixtures that are real property.
b) Trade fixtures that are pers...
d) Whether the lien was subordinated. - Answer✔️✔️-a) the date of recordation.
What is a lien theory state in contrast to a title theory state?
a) A state in which liens are given priority over other encumbrances
b) A state in which a mortgage retains title to the property when a mortgage lien is
created.
c) A state in which the holder of a mortgage lien receives title to the mortgage and
property until the debt is satisfied.
d) A state in which liens must be recorded to be enforceable. - Answer✔️✔️-b) A state in
which a mortgage retains title to the property when a mortgage lien is created.
A property owner has an easement appurtenant on her property. One day the property
is sold to another party who is opposed to the easement. Following the closing, this
particular form of easement:
a) terminates.
b) Transfers with the property.
c) Transfers with the owner to a new property.
d) Becomes a license on the property. - Answer✔️✔️-b) Transfers with the property.
What fundamental legal purpose is fulfilled by title records?
a) Keeping the county apprised of tax payments.
b) Preventing identity theft.
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