TEXAS REAL ESTATE PRINCIPLES 1 (PRACTICE
EXAM) QUESTIONS AND CORRECT DETAILED
ANSWERS WITH RATIONALES |ALREADY GRADED
A+||BRAND NEW!!
Terms in this set (48) QUESTIONS VERIFIED ANSWERS
1. Courses for the renewal of an active real continuing education (CE)
estate broker or sales agent license are called
2. What is the maximum amount that the $100,000
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?
3. Which is owned by the tenant? a trade fixture
4. Which of the following terms refers not only land
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?
5. If the court learns that the seller placed a sign Intention of the parties
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?
6. What type of estate is complete ownership fee simple
and exists for an unlimited time?
7. If a condition of ownership is violated, title to a determinable fee estate
the subject property automatically reverts to
the original owner in
8. An urban homestead is limited to a lot or lots 10
NOT to exceed how many acres?
9. The method used to describe real estate by metes-and-bounds method
distance, direction, and boundaries is
10. Which equals one square mile or 640 acres? section
11. Under the federal Fair Housing Act, real refuse membership or put
estate organizations, such as multiple listing conditions on participation
services, may NOT do which because
someone is in a protected group?
12. Which aspect of the Canons of Professional competency.
Ethics and Conduct requires the broker or
EXAM) QUESTIONS AND CORRECT DETAILED
ANSWERS WITH RATIONALES |ALREADY GRADED
A+||BRAND NEW!!
Terms in this set (48) QUESTIONS VERIFIED ANSWERS
1. Courses for the renewal of an active real continuing education (CE)
estate broker or sales agent license are called
2. What is the maximum amount that the $100,000
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?
3. Which is owned by the tenant? a trade fixture
4. Which of the following terms refers not only land
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?
5. If the court learns that the seller placed a sign Intention of the parties
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?
6. What type of estate is complete ownership fee simple
and exists for an unlimited time?
7. If a condition of ownership is violated, title to a determinable fee estate
the subject property automatically reverts to
the original owner in
8. An urban homestead is limited to a lot or lots 10
NOT to exceed how many acres?
9. The method used to describe real estate by metes-and-bounds method
distance, direction, and boundaries is
10. Which equals one square mile or 640 acres? section
11. Under the federal Fair Housing Act, real refuse membership or put
estate organizations, such as multiple listing conditions on participation
services, may NOT do which because
someone is in a protected group?
12. Which aspect of the Canons of Professional competency.
Ethics and Conduct requires the broker or
