1. Which of the following are NOT included in the description of land?
a. A sewer system
b. The earth’s surface extending downward to the center of the earth
c. Trees and water on the earth’s surface
d. Formations such as hills and plateaus
2. Which of the following is TRUE regarding manufactured housing in Texas?
a. It can be considered real property if the owner chooses to treat it as such and files
the proper paperwork.
b. It is always considered personal property.
c. It is always considered real property.
d. It is considered real property if it is permanently affixed to the land.
3. Which of the following is an economic characteristic of real estate?
a. Immobility
b. Indestructibility
c. Uniqueness
d. Improvements
4. Which of the following is FALSE regarding community property?
a. It consists of real and personal property acquired by either spouse during the
marriage.
b. Its conveyance requires the signature of both spouses.
c. The spouses can will their half of the property to whomever they desire.
d. It can be mortgaged or conveyed by one spouse without the consent of the other.
5. Fee simple ownership, shared walls, and a fractional interest in common areas are all
characteristics of
a. single-family home ownership.
b. cooperative ownership.
c. time-share ownership.
d. town-house ownership.
6. Which of the following is a physical characteristic of land?
a. Improvements
b. Indestructibility
c. Area preference
d. Scarcity
7. All of the following are true about estates in real property EXCEPT
a. they are created by a deed or a bill of sale.
b. freehold estates are estates of ownership.
c. leasehold estates are estates of possession.
8. Mortgage liens, mechanics’ liens, and tax liens are all examples of
a. appurtenant easements.
b. encumbrances.
c. deed restriction.
d. encroachments.
9. Randy and Kim divided their 30-acre property into three 10-acre parcels (lots A, B, and
C). A and C can only access the public road through B. The buyers of A and C will
probably be granted what type of easement by court action?
a. Easement by necessity
b. Easement in gross
c. Easement by prescription
d. Easement by condemnation
10. A homeowner acquired ownership of land that was deposited by a river running through
his property by
a. accretion.
b. reliction.
c. succession.
d. avulsion.
11. A property owner wants to use water from a river that runs through the property to
irrigate a potato field. To do so, the owner is required by state law to submit an
application to the Department of Water Resources describing in detail the plan for
beneficial use of the water. If the department approves the owner’s application, it will
issue a permit allowing a limited amount of river water to be diverted onto the property.
Based on these facts, it can be assumed that this property owner’s state relies on which
rule of law?
a. Riparian rights
b. Littoral rights
c. Accretion
d. Doctrine of prior appropriation
12. A seller promises to sell his house and transfer title to the buyer, who promises to pay
$250,000 for the house. This is an example of what kind of contract?
a. Universal contract
b. Bilateral contract
c. Unilateral contact
d. Executed contract
13. All of the following are not an essential element of a valid contract EXCEPT
a. notarization.
b. offer and acceptance.
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