Texas Real
_ Questions
Estate Exam
& Study
National
Guide.pdf
2026_2027
Texas Real
_ Questions
Estate Exam
& Study
National
Guide.pdf
2026_2027 _ Questions & Study Guide.pdf
Texas Real Estate Exam National
2026/2027 | Questions & Study
Guide
Texas Real Estate Exam National 2026_2027
Texas Real
_ Questions
Estate Exam
& Study
National
Guide.pdf
2026_2027
Texas Real
_ Questions
Estate Exam
& Study
National
Guide.pdf
2026_2027 _ Questions & Study Guide.pdf
,Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf
real property
the tangible real estate and intangible rights associated with the ownership of real estate
-transfers by deed or will
personal property
a right or interest in things of a temporary or movable nature; anything not classed as real
property (chattel, personalty)
-transfers by a bill of state
fixture
personal property that has been attached in such a way as to make it real property
-"installed" often indicates permanent attachment
-annexation: the process of attaching
-severed: real property becoming personal property
Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf
,Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf
trade fixture
objects affixed to leased property that are owned by and necessary for the tenant's trade or
business
-accession: acquiring property if trade fixtures are not removed prior to the termination of the
lease
legal land description methods
metes and bounds, the rectangular survey system, lot-block-tract system, monuments
Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf
, Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf
physical characteristics of land (DUI)
-durability
-uniqueness
-immobility
economic characteristics of land (SAFE)
-situs
-alteration
-fixity
-economic scarcity
encumbrance
any claim or liability attached to real property that may lessen the owner's bundle of rights or
the value of the property
-lien, claim, liability, judgment, encroachment, lease, easement, deed restriction, etc.
-release is the best way to get rid of it
Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf Texas Real Estate Exam (National).pdf