Real Estate Principles 1 – Texas Exam
Questions and Answers Graded A+
Civil Rights Acts of 1866 - Correct answer-Prohibits only and all racial
discrimination
Steering - Correct answer-Directing Home Seekers to particular neighborhoods
based on the the fair housing protected classes
Blockbusting - Correct answer-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 - Correct answer-Prohibits discrimination
based on race color, etc. and receipt of income from a public assistance program.
Real Property/ Real Estate - Correct answer-Land, improvements and the rights to
own them
Improvements - Correct answer-Anything put on the land with the intent of
improving the land.
Chattel - Correct answer-Personal Property
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, Appurtenances - Correct answer-Right or privilege attached to land that goes with
the land when ownership of the land changes.
Fixture - Correct answer-Something that was personal property and has now
become real estate because it has been attached to the land.
Three tests of a fixture - Correct answer-A) Method of annexation B)Fitness or
adaptation to the property C) Intention of the parties
Trade Fixture - Correct answer-Something that is attached to a property under a
commercial lease.
Fixity or Permanence of Investment - Correct answer-The fact that improvements
to the land will take a long time to pay for them.
Metes and Bounds - Correct answer-Uses distance and directions to define and
describe the shape and boundaries of the property.
Datum - Correct answer-Used to mark elevation
Rectangular Survey System - Correct answer-Uses latitude, longitude, standard and
baselines to divide earth into areas
Townships - Correct answer-Areas of earth = 36 Sq. Miles
Unit - Correct answer-1 sq. mile or 640 acres
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
Questions and Answers Graded A+
Civil Rights Acts of 1866 - Correct answer-Prohibits only and all racial
discrimination
Steering - Correct answer-Directing Home Seekers to particular neighborhoods
based on the the fair housing protected classes
Blockbusting - Correct answer-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 - Correct answer-Prohibits discrimination
based on race color, etc. and receipt of income from a public assistance program.
Real Property/ Real Estate - Correct answer-Land, improvements and the rights to
own them
Improvements - Correct answer-Anything put on the land with the intent of
improving the land.
Chattel - Correct answer-Personal Property
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, Appurtenances - Correct answer-Right or privilege attached to land that goes with
the land when ownership of the land changes.
Fixture - Correct answer-Something that was personal property and has now
become real estate because it has been attached to the land.
Three tests of a fixture - Correct answer-A) Method of annexation B)Fitness or
adaptation to the property C) Intention of the parties
Trade Fixture - Correct answer-Something that is attached to a property under a
commercial lease.
Fixity or Permanence of Investment - Correct answer-The fact that improvements
to the land will take a long time to pay for them.
Metes and Bounds - Correct answer-Uses distance and directions to define and
describe the shape and boundaries of the property.
Datum - Correct answer-Used to mark elevation
Rectangular Survey System - Correct answer-Uses latitude, longitude, standard and
baselines to divide earth into areas
Townships - Correct answer-Areas of earth = 36 Sq. Miles
Unit - Correct answer-1 sq. mile or 640 acres
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
