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REAL ESTATE PRINCIPLES 1 – TEXAS EXAM QUESTIONS WITH 100% CORRECT ANSWERS L LATEST VERSION 2025/2026.

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REAL ESTATE PRINCIPLES 1 – TEXAS EXAM QUESTIONS WITH 100% CORRECT ANSWERS L LATEST VERSION 2025/2026.

Institution
REAL ESTATE
Course
REAL ESTATE

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REAL ESTATE PRINCIPLES 1 – TEXAS
EXAM QUESTIONS WITH 100%
CORRECT ANSWERS L LATEST
VERSION 2025/2026.




Civil Rights Acts of 1866 - ANS Prohibits only and all racial discrimination


Steering - ANS Directing Home Seekers to particular neighborhoods based on the the fair
housing protected classes


Blockbusting - ANS Real estate agents creating fear in a neighborhood in order to induce the
owner of the houses to sell the properties at a loss to the agents


Equal Credit Opportunity Act of 1974 - ANS Prohibits discrimination based on race color, etc.
and receipt of income from a public assistance program.


Real Property/ Real Estate - ANS Land, improvements and the rights to own them


Improvements - ANS Anything put on the land with the intent of improving the land.


Chattel - ANS Personal Property



1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.

, Appurtenances - ANS Right or privilege attached to land that goes with the land when
ownership of the land changes.


Fixture - ANS Something that was personal property and has now become real estate
because it has been attached to the land.


Three tests of a fixture - ANS A) Method of annexation B)Fitness or adaptation to the
property C) Intention of the parties


Trade Fixture - ANS Something that is attached to a property under a commercial lease.


Fixity or Permanence of Investment - ANS The fact that improvements to the land will take a
long time to pay for them.


Metes and Bounds - ANS Uses distance and directions to define and describe the shape and
boundaries of the property.


Datum - ANS Used to mark elevation


Rectangular Survey System - ANS Uses latitude, longitude, standard and baselines to divide
earth into areas


Townships - ANS Areas of earth = 36 Sq. Miles


Unit - ANS 1 sq. mile or 640 acres


Acre - ANS 43,560


Recorded Plat - ANS When land is divided into plots



2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.

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REAL ESTATE

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