Principles of Real Estate
Spring 2024 EXAM NEW VERSION
Multiple Choice -- (2½ points each)
Determine the BEST answer to the following questions and blacken the appropriate
space on the answer sheet. Be sure that the question number corresponds with the
number on the answer sheet.
1. Real property, although often used interchangeably with the term "real estate",
refers to
a. legal interests associated with land
b. movable property
c. land and buildings
d. tangible assets
e. none of the above
2. Which of the following would NOT be considered a "fixture"?
a. flush-mounted home theater speakers
b. built-in dishwasher
c. attached fireplace mantle
d. free-standing entertainment cabinet
e. all of the above would be considered fixtures
3. The rights of a landowner to use water from a nonnavigable lake or stream are
called
a. riparian rights
b. civil rights
c. littoral rights
d. human rights
e. none of the above
4. Which of the following is NOT a right of real estate ownership?
a. mineral rights below the land
b. air rights above the land
c. right to lease the land to others
d. right to quiet enjoyment of the land
e. all of the above are rights of real estate ownership
5. The buyer of a property is typically known as the
a. grantee
b. agent
c. grantor
d. broker
, 7. In Texas, if a husband and wife buy a piece of land together, that property is
referred to as
Spring 2024 EXAM NEW VERSION
Multiple Choice -- (2½ points each)
Determine the BEST answer to the following questions and blacken the appropriate
space on the answer sheet. Be sure that the question number corresponds with the
number on the answer sheet.
1. Real property, although often used interchangeably with the term "real estate",
refers to
a. legal interests associated with land
b. movable property
c. land and buildings
d. tangible assets
e. none of the above
2. Which of the following would NOT be considered a "fixture"?
a. flush-mounted home theater speakers
b. built-in dishwasher
c. attached fireplace mantle
d. free-standing entertainment cabinet
e. all of the above would be considered fixtures
3. The rights of a landowner to use water from a nonnavigable lake or stream are
called
a. riparian rights
b. civil rights
c. littoral rights
d. human rights
e. none of the above
4. Which of the following is NOT a right of real estate ownership?
a. mineral rights below the land
b. air rights above the land
c. right to lease the land to others
d. right to quiet enjoyment of the land
e. all of the above are rights of real estate ownership
5. The buyer of a property is typically known as the
a. grantee
b. agent
c. grantor
d. broker
, 7. In Texas, if a husband and wife buy a piece of land together, that property is
referred to as
