Exam (elaborations)
Texas Real Estate Exam Prep (From Pearson VUE and & Champions National Exam Prep) Questions and Answers 2024
- Course
- Institution
Texas Real Estate Exam Prep (From Pearson VUE and & Champions National Exam Prep)
[Show more]
Content preview
Texas Real Estate Exam Prep (FromPearson VUE and & Champions National
Exam Prep)
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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - 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 - answer b) right of redemption
A couple purchased a condominium. The complex has an exercise room for all
residents. The couple does not use the exercise room and does not want to pay the
monthly fee for the use of the facility. What can they do to avoid this fee?
A) they can deduct the appropriate amount from their monthly condo fees
b) they can have an attorney send a letter to the homeowner's association stating their
intention to not pay and then stop paying the fee.
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Dreamer252. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $20.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73918 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now