TEXAS REAL ESTATE PRINCIPLES 1
(PRACTICE EXAM) QUESTIONS &
ANSWERS PASSED ALREADY
GRADED A+
Courses for the renewal of an active real estate broker or sales agent license are called
- Correct Answer ✔✔ continuing education (CE)
What is the maximum amount that the Commission will pay from the real estate
recovery trust account for claims against any one license holder, until the account has
been repaid in full by the license holder? - Correct Answer ✔✔ $100,000
Which is owned by the tenant? - Correct Answer ✔✔ a trade fixture
Which of the following terms refers not only to the surface of the earth but also below to
the center of the earth, above to infinity, and natural things permanently attached but
does NOT refer to artificial things permanently attached? - Correct Answer ✔✔ land
If the court learns that the seller placed a sign that said "Not Included" on the stove
every time a buyer looked at the property, the court will consider which of the following
in determining whether the stove is a fixture, absent a written agreement? - Correct
Answer ✔✔ Intention of the parties
What type of estate is complete ownership and exists for an unlimited time? - Correct
Answer ✔✔ fee simple
If a condition of ownership is violated, title to the subject property automatically reverts
to the original owner in - Correct Answer ✔✔ a determinable fee estate
An urban homestead is limited to a lot or lots NOT to exceed how many acres? -
Correct Answer ✔✔ 10
The method used to describe real estate by distance, direction, and boundaries is -
Correct Answer ✔✔ metes-and-bounds method
Which equals one square mile or 640 acres? - Correct Answer ✔✔ section
Under the federal Fair Housing Act, real estate organizations, such as multiple listing
services, may NOT do which because someone is in a protected group? - Correct
Answer ✔✔ refuse membership or put conditions on participation
(PRACTICE EXAM) QUESTIONS &
ANSWERS PASSED ALREADY
GRADED A+
Courses for the renewal of an active real estate broker or sales agent license are called
- Correct Answer ✔✔ continuing education (CE)
What is the maximum amount that the Commission will pay from the real estate
recovery trust account for claims against any one license holder, until the account has
been repaid in full by the license holder? - Correct Answer ✔✔ $100,000
Which is owned by the tenant? - Correct Answer ✔✔ a trade fixture
Which of the following terms refers not only to the surface of the earth but also below to
the center of the earth, above to infinity, and natural things permanently attached but
does NOT refer to artificial things permanently attached? - Correct Answer ✔✔ land
If the court learns that the seller placed a sign that said "Not Included" on the stove
every time a buyer looked at the property, the court will consider which of the following
in determining whether the stove is a fixture, absent a written agreement? - Correct
Answer ✔✔ Intention of the parties
What type of estate is complete ownership and exists for an unlimited time? - Correct
Answer ✔✔ fee simple
If a condition of ownership is violated, title to the subject property automatically reverts
to the original owner in - Correct Answer ✔✔ a determinable fee estate
An urban homestead is limited to a lot or lots NOT to exceed how many acres? -
Correct Answer ✔✔ 10
The method used to describe real estate by distance, direction, and boundaries is -
Correct Answer ✔✔ metes-and-bounds method
Which equals one square mile or 640 acres? - Correct Answer ✔✔ section
Under the federal Fair Housing Act, real estate organizations, such as multiple listing
services, may NOT do which because someone is in a protected group? - Correct
Answer ✔✔ refuse membership or put conditions on participation
