Texas Real Estate Principles 1 (Practice
Exam)100 % Verified Question &
Answers Guaranteed success rated A+
Courses for the renewal of an active real estate broker or sales agent license are
called - Ans>>>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? - Ans>>>$100,000
Which is owned by the tenant? - Ans>>>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? - Ans>>>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? - Ans>>>Intention of the parties
What type of estate is complete ownership and exists for an unlimited time? -
Ans>>>fee simple
If a condition of ownership is violated, title to the subject property automatically
reverts to the original owner in - Ans>>>a determinable fee estate
An urban homestead is limited to a lot or lots NOT to exceed how many acres? -
Ans>>>10
The method used to describe real estate by distance, direction, and boundaries is
- Ans>>>metes-and-bounds method
Which equals one square mile or 640 acres? - Ans>>>section
Exam)100 % Verified Question &
Answers Guaranteed success rated A+
Courses for the renewal of an active real estate broker or sales agent license are
called - Ans>>>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? - Ans>>>$100,000
Which is owned by the tenant? - Ans>>>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? - Ans>>>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? - Ans>>>Intention of the parties
What type of estate is complete ownership and exists for an unlimited time? -
Ans>>>fee simple
If a condition of ownership is violated, title to the subject property automatically
reverts to the original owner in - Ans>>>a determinable fee estate
An urban homestead is limited to a lot or lots NOT to exceed how many acres? -
Ans>>>10
The method used to describe real estate by distance, direction, and boundaries is
- Ans>>>metes-and-bounds method
Which equals one square mile or 640 acres? - Ans>>>section
