Verified Answers, 100% Guarantee Pass
(Latest 2025)
What is the metes and bounds system of legal description? -
Correct Answers ✅Perimeter of property using point of
beginning
How many sections are in a township? - Correct Answers
✅36
How many acres are in a section? - Correct Answers ✅640
What are the advantages to establishing an LLC? - Correct
Answers ✅Protect individuals from personal assets
What is the homestead law in Texas, whom is it designed to
protect? - Correct Answers ✅Protect property owner from
creditors
What are the property limitations of homestead in both rural
and urban areas? - Correct Answers ✅Rural- 200 acres
Urban- 10 acres
Is Texas a community property/separate property state or a
combination of both? - Correct Answers ✅Combo of BOTH
but MAINLY a community property state
, Texas Real Estate Law Questions and
Verified Answers, 100% Guarantee Pass
(Latest 2025)
What three forms of water rights are found in Texas, and of
the three which is the most prevalent? - Correct Answers
✅Riparian Rights
Littoral
Prior Appropriation (most common)
Generally, who owns the ground water in Texas? - Correct
Answers ✅The owner of the property where the ground
water is located
An ownership of real estate by more than one party, in
undivided interest that do not have to be equal, is known as:
- Correct Answers ✅Tenancy in common
A type of partnership wherein one partner is generally not
liable for the debts, errors, omissions, negligence,
incompetence, or malfeasance of another partner is known as
a: - Correct Answers ✅Limited Liability Partnership
In the determination of a fixture, annexation is referring to
the: - Correct Answers ✅Manner in which the item is
attached