RealEstateU Texas Real
Estate Principles Part 1
Final Exam Questions
and Complete Solutions
Graded A+
Denning [Date] [Course title]
, supply - Answer: The amount of goods offered for sale within a given market at a given price during a
given time period.
General Agent - Answer: A property manager is an example of what type of agent?
Special Agent - Answer: A real estate agent is an example of what type of agent?
Residential, Commercial, and Industrial - Answer: The general uses of real property include the
following:
Market Comparison Approach - Answer: A means of comparing similar type properties would have
recently sold to the subject property is known as:
Surface Rights - Answer: Mineral rights are typically considered dominant to which of the following
rights
real estate - Answer: Land and everything permanently attached to land is defined as
Personal Property - Answer: All property that is not land and is not permanently attached to land is
known as
Bundle of Rights - Answer: The right of exclusion which allows a landowner to prevent others from
entering or occupying their property is included in the
Kitchen cabinets - Answer: Which of the following is an example of a fixture
Intentions of the party, adaption of the item, mold and permanence of house item was attached -
Answer: Which of the following is considered a legal test for determining if an item is a fixture or not
customer - Answer: This refers to the party the agent brings to the principal as seller or buyer of the
property.
Estate Principles Part 1
Final Exam Questions
and Complete Solutions
Graded A+
Denning [Date] [Course title]
, supply - Answer: The amount of goods offered for sale within a given market at a given price during a
given time period.
General Agent - Answer: A property manager is an example of what type of agent?
Special Agent - Answer: A real estate agent is an example of what type of agent?
Residential, Commercial, and Industrial - Answer: The general uses of real property include the
following:
Market Comparison Approach - Answer: A means of comparing similar type properties would have
recently sold to the subject property is known as:
Surface Rights - Answer: Mineral rights are typically considered dominant to which of the following
rights
real estate - Answer: Land and everything permanently attached to land is defined as
Personal Property - Answer: All property that is not land and is not permanently attached to land is
known as
Bundle of Rights - Answer: The right of exclusion which allows a landowner to prevent others from
entering or occupying their property is included in the
Kitchen cabinets - Answer: Which of the following is an example of a fixture
Intentions of the party, adaption of the item, mold and permanence of house item was attached -
Answer: Which of the following is considered a legal test for determining if an item is a fixture or not
customer - Answer: This refers to the party the agent brings to the principal as seller or buyer of the
property.
