Texas Principles of Real Estate 1 Chapter 8
Texas Real Estate principles section 1
Referral - answerA recommendation by an existing or previous client that helps cultivate and
expand business is a(n):
4 - answerOf the total amount of members, the Committee has _____ members who are real
estate...
Referral - answer✔✔A recommendation by an existing or previous client that helps cultivate and
expand business is a(n):
4 - answer✔✔Of the total amount of members, the Committee has _____ members who are real
estate instructors or owners of TREC-approved real estate schools.
Independent Contractor - answer✔✔An individual who chooses the method to use in completing
contracted work is a(n):
cold calling - answer✔✔What prospectingA legal description of real property is -
answer✔✔accurately locates and identifies the boundaries of the subject parcel to a degree
acceptable by courts of law in the state where the property is located. Must be included in a sales
contract.
The principle purpose underlying legal description of real property is - answer✔✔to create a
consistent, unchanging standard for locating the property.
A legal description is required for - answer✔✔Public recording
Creating a valid deed of conveyance or lease
Completing mortgage documents
Executing and recording other legal documents
Public Land Survey System - answer✔✔the method traditionally used over the largest part of the
United States to survey and classify land parcels and is occasionally referred to as the rectangular
survey. The survey was the first mathematically-designed system in any modern country
Texas is not - answer✔✔Public Land State and has a hybrid of its own early system, based on
Spanish land grants and a variation of PLSS.
When did the Public Land Survey System begin? - answer✔✔Shortly after the American
Revolution, when the federal government became responsible for large areas of land west of the
original thirteen states.
Why is Texas not a Public Land State? - answer✔✔The public lands in the 30 Public Lands
States were owned by the United States Government, but Texas retained ownership of its public
lands even after annexation to the United States.
The three accepted methods of legally describing parcels of real estate are: - answer✔✔Metes
and bounds
Rectangular survey system, or government survey method
Lot and block method, or recorded plat method
Metes and Bounds - answer✔✔A legal land description method identifying a lot's exact
dimensions and location in reference to a fixed and permanent monument.
Metes and Bounds: The description always identifies - answer✔✔an enclosed area by starting at
an origination point called point of beginning or POB and returning to the POB at the end of the
description.
The term "metes" refers to - answer✔✔the distance measurements used in the description.
The term "bounds" refers to - answer✔✔the directions of the boundaries that enclose the parcel
of real estate.
Rectangular Survey Systems (Government Survey Method) - answer✔✔Uses a refined version
of longitude and latitude system of mapping with a surveyed grid of meridians, baselines,
townships, and ranges to describe a piece of land. Not used in Texas.
Range - answer✔✔the north-south area between consecutive meridians
Tier - answer✔✔east-west strip between parallels (also called township strip)
Township - answer✔✔the area enclosed by the intersection of two consecutive meridians and
two consecutive parallels. Since the parallels and meridians are six miles apart, the township is a
square with six miles on each side.
Lot and Block Method or recorded plat method - answer✔✔this system is used to describe
properties in residential, commercial and industrial subdivisions.
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