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Texas principles exam, practice questions with answers. Champion real estate school verified.

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Texas principles of real estate exam questions with
answers , champions of schools verified


1. Civil Rights Acts of 1866 -

ANSWER Prohibits only and all racial discrimination



2.Steering -

ANSWER Directing Home Seekers to particular neighborhoods based on the the fair housing
protected classes



3.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



4. Equal Credit Opportunity Act of 1974 -

ANSWER Prohibits discrimination based on race color, etc. and receipt of income from a public
assistance program.



5.Real Property/ Real Estate -

ANSWER Land, improvements and the rights to own them



6.Improvements -

ANSWER Anything put on the land with the intent of improving the land.



7.Chattel -

ANSWER Personal Property

,8.Appurtenances -

ANSWER Right or privilege attached to land that goes with the land when ownership of the land
changes.



9. Fixture -

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



10. Three tests of a fixture -

ANSWER A) Method of annexation B)Fitness or adaptation to the property C) Intention of the
parties



11.Trade Fixture -

ANSWER Something that is attached to a property under a commercial lease.



12.Fixity or Permanence of Investment -

ANSWER The fact that improvements to the land will take a long time to pay for them.



13. Metes and Bounds -

ANSWER Uses distance and directions to define and describe the shape and boundaries of the
property.



14. Datum -

ANSWER Used to mark elevation



15. Rectangular Survey System -

, ANSWER Uses latitude, longitude, standard and baselines to divide earth into areas



16. Townships -

ANSWER Areas of earth = 36 Sq. Miles



17. Unit -

ANSWER 1 sq. mile or 640 acres



18.Acre -

ANSWER 43,560



19.Recorded Plat -

ANSWER When land is divided into plots



20. Informal Reference -

ANSWER not a legal description.



21. Riparian Rights -

ANSWER The right to use water in a river or stream



22.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



23.Surface water -

ANSWER Publicly owned and governed by the state of Texas.
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