Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated 2023

Written documents affecting a 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 Answer C 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 Answer C What is an abstract of title? A. title insurance B. a history of all recorded activity affecting a parcel of real estate C. a judgment on real property D. a patent - Correct Answer B A title insurance policy in favor of the mortgagee will insure the: A. owner B. buyer - Answer given C. buyer and seller D. lender - Correct Answer NOT B A chain of title shows the linkage of property ownership that connects the present owner to the original source of title. In most cases it starts with: A. ownership from 1955 B. chattel C. a suit in federal court D. the original grant of the land from the government to a private citizen - Correct Answer D A handwritten will signed by the testator but not witnessed is known as a(n): A. nuncupative will B. holographic will C. oral will D. formal will - Correct Answer B A voluntary gift of private land to the public is known as: A. alienantion B. dedication C. reliction