EXAM PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◉ Steering. Answer: Directing Home Seekers to particular
neighborhoods based on the the fair housing protected classes
◉ Blockbusting. 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. Answer: Prohibits
discrimination based on race color, etc. and receipt of income from a
public assistance program.
◉ Real Property/ Real Estate. Answer: Land, improvements and the
rights to own them
◉ Improvements. Answer: Anything put on the land with the intent of
improving the land.
◉ Chattel. Answer: Personal Property
,◉ Appurtenances. Answer: Right or privilege attached to land that goes
with the land when ownership of the land changes.
◉ Fixture. 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. Answer: A) Method of annexation B)Fitness
or adaptation to the property C) Intention of the parties
◉ Trade Fixture. Answer: Something that is attached to a property under
a commercial lease.
◉ Fixity or Permanence of Investment. Answer: The fact that
improvements to the land will take a long time to pay for them.
◉ Metes and Bounds. Answer: Uses distance and directions to define
and describe the shape and boundaries of the property.
◉ Datum. Answer: Used to mark elevation
◉ Rectangular Survey System. Answer: Uses latitude, longitude,
standard and baselines to divide earth into areas
, ◉ Townships. Answer: Areas of earth = 36 Sq. Miles
◉ Unit. Answer: 1 sq. mile or 640 acres
◉ Acre. Answer: 43,560
◉ Recorded Plat. Answer: When land is divided into plots
◉ Informal Reference. Answer: not a legal description.
◉ Riparian Rights. Answer: The right to use water in a river or stream
◉ Littoral Rights. Answer: Rights a landowner has to use and enjoy the
water that touches his land but he may not alter the course of the water
◉ Surface water. Answer: Publicly owned and governed by the state of
Texas.
◉ Rule of Capture. Answer: A landowner with a well is allowed to pump
water from under his property.
◉ Open Beach Act. Answer: The public has the free and unrestricted
right to use the open beach.