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Texas Real Estate Exam Property Ownership study guide licensing exam preparation

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Texas real estate exam property ownership estates in land co-ownership real estate law property rights ownership types real estate licensing exam Texas regulations property transfer study guide exam prep

Institution
Real Estate Certification
Course
Real Estate certification

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Texas Real Estate Exam
Study this set o nline at: https://www.cram.co m/flashcards/texas-real-estate-exam-
28 30 10



Center of earth to ai rspace above (i nf i ni ty). Al l 3 ri ghts bel ong to ownershi p unl ess
Surf ace / Ai r / Subsurf ace (Subsurf ace i s most i mportant i n T exas)
reservati on i n deed i s excl uded




Land and anythi ng permanentl y af f i xed to i t. Real property




Land and anythi ng permanentl y af f i xed pl us the i nterests, benef i ts, and ri ghts
Real E state
i nherent i n the ownershi p.




Bundl e of Ri ghts i ncl ude: Possessi on, Control , E nj oyment, E xcl usi on, D i sposi ti on




M ovabl e obj ects that do not f i t i nto the def i ni ti on of real property; conveyed by
Personal Property (chattel s)
bi l l of sal e




An i tem of personal property that has been converted to real property by permanent
F i xture
attachment to the l and or bui l di ng i s:




An i tem i nstal l ed by a commerci al tenant thru the term of the l ease and removabl e T rade F i xture (I f not removed, the trade f i xture b/c real property of the bui l di ng
by the tenat bef ore the expi rati on of the l ease i s: owner by accessi on)




T hose ri ghts, pri vi l eges and i mprovments that bel ong to and pass w/ the transf er of Appurtances (ri ghts-of -way, water ri ghts, easements and certai n property
real property but may not be a part of the property i s i mprovments)

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Institution
Real Estate certification
Course
Real Estate certification

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