TEXAS REAL ESTATE PRINCIPLES 1
(PRACTICE EXAM) QUESTIONS &
VERIFIED CORRECT ANSWERS
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
What type of estate is complete ownership and exists for an unlimited time? - correct answer
✔✔fee simple
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
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
, The method used to describe real estate by distance, direction, and boundaries is - correct
answer ✔✔metes-and-bounds method
An urban homestead is limited to a lot or lots NOT to exceed how many acres? - correct answer
✔✔10
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
Which aspect of the Canons of Professional Ethics and Conduct requires the broker or sales
agent to be informed on market conditions and national, state, and local developments
affecting the real estate business? - correct answer ✔✔competency.
A complaint of discrimination brought under the Texas Fair Housing Act can be filed with the
U.S. Department of Housing and Urban Development or with - correct answer ✔✔the Texas
Workforce Commission Civil Rights Division
An aggrieved person who believes illegal discrimination has occurred may file a complaint
within what time frame following the alleged discriminatory act? - correct answer ✔✔ONE
YEAR
An owner sells part of his land that has no access to a public road but does have access over his
remaining land. This creates an easement by - correct answer ✔✔necessity
Appurtenant easement rights transfer with - correct answer ✔✔the dominant tenement
(PRACTICE EXAM) QUESTIONS &
VERIFIED CORRECT ANSWERS
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
What type of estate is complete ownership and exists for an unlimited time? - correct answer
✔✔fee simple
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
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
, The method used to describe real estate by distance, direction, and boundaries is - correct
answer ✔✔metes-and-bounds method
An urban homestead is limited to a lot or lots NOT to exceed how many acres? - correct answer
✔✔10
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
Which aspect of the Canons of Professional Ethics and Conduct requires the broker or sales
agent to be informed on market conditions and national, state, and local developments
affecting the real estate business? - correct answer ✔✔competency.
A complaint of discrimination brought under the Texas Fair Housing Act can be filed with the
U.S. Department of Housing and Urban Development or with - correct answer ✔✔the Texas
Workforce Commission Civil Rights Division
An aggrieved person who believes illegal discrimination has occurred may file a complaint
within what time frame following the alleged discriminatory act? - correct answer ✔✔ONE
YEAR
An owner sells part of his land that has no access to a public road but does have access over his
remaining land. This creates an easement by - correct answer ✔✔necessity
Appurtenant easement rights transfer with - correct answer ✔✔the dominant tenement
