Texas Real Estate License Exam Prep 2024-2025

Name: Texas Real Estate License Exam Prep 2024-2025 | Master the Test with 1000+ Practice Answers and Explanations, Essential Concepts, and State-Specific Laws
Brand: Jstone Publishing
Price: 5.98 EUR
Availability: OnlineOnly

Master the Test with 1000+ Practice Answers and Explanations, Essential Concepts, and State-Specific Laws

Bouvier Carlos Daley(Autor*in)

Jstone Publishing

1. Auflage

Erschienen am 4. Oktober 2024

300 Seiten

E-Book

ePUB mit Adobe-DRM

Systemvoraussetzungen

6610000646159 (EAN)

5,98 €inkl. 7% MwSt.

Systemvoraussetzungen

für ePUB mit Adobe-DRM

E-Book Einzellizenz

Als Download verfügbar

Beschreibung

Weitere Details

Inhalt

Which type of estate provides the highest form of ownership with the greatest bundle of rights? a) Life estate b) Leasehold estate c) Fee simple estate d) Estate for years
In Texas, property acquired during marriage is typically considered: a) Sole ownership b) Joint tenancy c) Community property d) Tenancy in common
Which of the following is NOT typically included in the "bundle of rights" associated with property ownership? a) Right to possess b) Right to control c) Right to tax d) Right to dispose
A quitclaim deed: a) Offers the greatest protection to the buyer b) Conveys only the grantor's interest in the property, if any c) Warrants against all claims arising under the grantor d) Is not recognized in Texas
How long must someone openly occupy a property in Texas to claim ownership through adverse possession if they have color of title? a) 3 years b) 5 years c) 10 years d) 25 years
Which of the following is a characteristic of a joint tenancy? a) Right of survivorship b) Unequal ownership shares c) Created by a will d) Typical form of ownership for corporations
In Texas, mineral rights: a) Always belong to the surface property owner b) Can be severed from surface rights c) Cannot be leased separately from the land d) Are always owned by the state
Which type of deed offers the greatest protection to the buyer in Texas? a) Quitclaim deed b) Special warranty deed c) General warranty deed d) Grant deed
An easement appurtenant: a) Is personal to an individual b) Runs with the land c) Must be recorded to be valid d) Can be terminated at will by the property owner
In Texas, community property is generally: a) Owned equally by both spouses b) Owned solely by the husband c) Divided 60/40 between spouses d) Considered separate property
Which of the following is an example of a freehold estate? a) Estate for years b) Periodic tenancy c) Life estate d) Tenancy at will
The right to use someone else's land for a specific purpose is called: a) An encroachment b) An easement c) A license d) A lien
In Texas, separate property includes: a) All property acquired during marriage b) Property owned before marriage c) Income from community property d) All gifts received by either spouse
Which of the following is NOT a way to terminate an easement? a) Abandonment b) Merger c) Necessity d) Expiration
A life estate: a) Lasts for a specified number of years b) Ends upon the death of the life tenant c) Can be inherited by the life tenant's heirs d) Is the same as a fee simple estate
The doctrine of prior appropriation in Texas primarily applies to: a) Mineral rights b) Water rights c) Air rights d) Subsurface rights
Which of the following is TRUE about a tenancy in common? a) It includes the right of survivorship b) All tenants must own equal shares c) Each tenant can sell their interest without the others' consent d) It can only be created by a written agreement
A property encumbrance that requires the payment of money is called: a) An easement b) A lien c) An encroachment d) A covenant
In Texas, the conveyance of property to a married person is presumed to be: a) The separate property of the grantee b) Community property c) Joint tenancy between spouses d) Tenancy in common between spouses
Which of the following is NOT a requirement for adverse possession in Texas? a) Open and notorious possession b) Continuous possession for the statutory period c) Payment of property taxes d) Hostile possession
The right to install utility lines across someone else's property is an example of: a) An easement in gross b) A prescriptive easement c) An implied easement d) An easement by necessity
In Texas, which document is used to release a lien on a property? a) Deed of trust b) Release of lien c) Quitclaim deed d) Warranty deed
The principle of "first in time, first in right" applies to: a) Recording deeds b) Adverse possession claims c) Water rights in Texas d) Homestead exemptions
A covenant that "runs with the land" means it: a) Is recorded in the deed b) Binds subsequent owners of the property c) Can never be changed d) Applies only to the original owner
Which of the following is TRUE about Texas homestead rights? a) They apply only to rural properties b) They protect property from forced sale by certain creditors c) They can be waived easily by the homeowner d) They apply to an unlimited amount of acreage
The term "color of title" in adverse possession refers to: a) The color of the property's exterior b) A deed that appears valid but is actually defective c) A court order granting possession d) The adverse possessor's open use of the property
In Texas, which of the following is considered separate property? a) Income from separate property b) Property acquired by gift during marriage c) Property purchased with community funds d) Salary earned during marriage
A restriction on the use of property that is created in a deed is called: a) Zoning ordinance b) Deed restriction c) Easement d) Lien
The right of an owner to use their property as they wish, as long as it doesn't interfere with the rights of others, is known as: a) Bundle of rights b) Police power c) Eminent domain d) Riparian rights
Which of the following is NOT a characteristic of a fee simple estate? a) It's the highest form of ownership b) It can be inherited c) It has a specified duration d) It includes all the bundle of rights
In Texas, a bona fide purchaser is someone who: a) Buys property with notice of existing claims b) Buys property in good faith, for value, and without notice of existing claims c) Purchases property through a foreclosure sale d) Acquires property through adverse possession
The doctrine of escheat in Texas means that: a) Property reverts to the state if the owner dies without heirs b) Property must be used for a specific purpose c) Property ownership is restricted to citizens d) Property taxes are waived for certain individuals
Which of the following is TRUE about riparian rights in Texas? a) They apply to all property owners in the state b) They give the right to use water from a watercourse that touches the property c) They can be bought and sold separately from the land d) They are determined by prior appropriation
A cloud on title refers to: a) A type of property insurance b) A potential claim or encumbrance that may affect the title to a property c) A method of transferring ownership d) A type of easement
In Texas, which of the following is TRUE about community property? a) It's always divided equally upon divorce b) It includes all property acquired before marriage c) It's presumed to be owned equally by both spouses d) It can never include real estate
The right to exclude others from your property is part of: a) Adverse possession b) Easement by necessity c) Bundle of rights d) Eminent domain
Which of the following is NOT a way to acquire title to real property in Texas? a) Deed b) Will c) Adverse possession d) Verbal agreement
A life estate pur autre vie is: a) An estate that lasts for the life of the grantor b) An estate that lasts for the life of someone other than the grantee c) An estate that lasts for a specified number of years d) An estate that can be inherited
In Texas, which of the following is TRUE about separate property? a) It's always divided equally upon divorce b) It includes gifts received during marriage c) It becomes community property after 10 years of marriage d) It includes all property acquired during marriage
The doctrine of accretion refers to: a) The gradual addition of land by natural forces b) The sudden change in a property's boundaries due to natural forces c) The right to use water from a river or stream d) The right to extract minerals from the land
Which of the following is NOT a type of concurrent ownership? a) Tenancy in common b) Joint tenancy c) Tenancy at will d) Community property
In Texas, adverse possession for a 10-year period requires: a) Payment of property taxes b) A written agreement with the original owner c) Continuous cultivation or use of the land d) Approval from the local government
The term "fee simple determinable" means: a) The ownership lasts for a specified period b) The ownership may end upon the occurrence of a specified event c) The ownership cannot be transferred d) The ownership is shared between multiple parties
Which of the following is TRUE about air rights in Texas? a) They extend indefinitely above the property b) They can never be sold separately from the land c) They are limited to a reasonable height for the property's use d) They are always owned by the federal government
A reversionary interest in property means: a) The property reverts to the state upon the owner's death b) The grantor has the right to retake the property upon the occurrence of a specified event c) The property must be returned to its original condition d) The property can only be sold back to the original owner
In Texas, which of the following is TRUE about homestead protection? a) It applies only to properties in urban areas b) It protects against forced sale for all types of debts c) It limits the amount of equity that can be borrowed against the home d) It automatically expires after 20 years
The term "littoral rights" refers to: a) The right to use water from a river or stream b) The right to access and use a lake or ocean c) The right to extract minerals from the land d) The right to farm on the property
Which of the following is NOT a requirement for a valid deed in Texas? a)...

Systemvoraussetzungen

Als PDF speichern Als Link merken