Verified by Experts
In a sublet the original tenant, called the _______________, sublets the property to the new
tenant, called the _______________.
A. Mortgagee-----mortgagor
B. Sublessor---- sublessee
C. Sublessee ------sublessor
D. Buyer--------seller Correct Answ_B. Sublessor---- sublessee
The term that BEST describes a tenant's interest in the property under a lease is a:
A. Life estate
B. Reversionary interest
C. Remainder interest
D. Leasehold estate Correct Answ_D. Leasehold estate
,When a property has become uninhabitable and the landlord has refused to repair the property
the tenant may file a:
A. Constructive eviction
B. Foreclosure against the owner
C. Judicial eviction
D. The tenant must stay in the property until the lease is up. Correct Answ_A. Constructive
eviction
Property managers have a _______________ relationship with the property owner.
A. Partnership
B. Subagency
C. Binding
D. Fiduciary Correct Answ_D. Fiduciary
Written documents affecting title to real estate are recorded:
A. Where the titleholder resides
, B. Where the titleholder has legal residence
C. At the county clerk's office where the property is located
D. At any county clerk's office in Texas Correct Answ_C. At the county clerk's office where
the property is located
A person appointed by a court to settle the estate of a deceased person when the executor cannot
perform or refuses to perform is:
A. Another executor
B. A legatee
C. An administrator
D. A devisee Correct Answ_C. An administrator
What is an abstract of title?
A. Title insurance
B. A history of all recorded activity affecting a parcel of real estate