TX General Pump Installer Practice Exam

TX Real Estate Exam Practice (
PRINCIPLE OF REAL ESTATE I)
NEWEST ACTUAL EXAM
COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY
GRADED A+

,Martin placed all of his real estate
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investments in a trust, and the proceeds a oo oo oo oo oo oo oo



re distributed through the trust to his son
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Nathan. Martin still manages the propertie
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s indirectly, and Nathan currently benefits,
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as he's past the required beneficiary age
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of 18. What type of trust is this? -
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ANSWER-Living trust
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Homeowner Shaun loves DIY projects and oo oo oo oo oo o



decided to build some bookshelves for hi
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s home office. He bolted the shelves to th
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e wall and installed trim around them so t
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hey became an integral part of the room.
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When he sells his home, the bookshelves
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will be considered . - ANSWER-
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Real property because of the method of a
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nnexation

,What's the best definition of legal purpose
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?
- ANSWER-Written for a lawful objective
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Ken signed a contract to purchase Debra's
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condo. Ken signed the contract two weeks
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prior to turning 18, which is the age of maj
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ority in his state. Debra found out about hi
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s age prior to the closing but honored the
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contract, and they closed on the condo a
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month after Ken's birthday. What was the
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status of the contract when Ken and Debra
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entered into it? - ANSWER-Voidable
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( Because Ken was a minor when he ente
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red into the contract, he had the option t
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o cancel it (making it a voidable contract).
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oHowever, the parties to a oo oo oo oo

, voidable contract may choose to execute it
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,
which is what happened here.)
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Your client, Jackson, has been renting and
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wants to purchase in the next year. What
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is something he should do early on to pr
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epare? - ANSWER-Improve his credit score
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To become a Texas sales agent, how ma
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ny 30-hour pre-
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licensing courses must Brock take? -
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ANSWER-Six 30-hour courses
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Contrary to federal fair housing laws, the s
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tate where Katrina lives includes age as a p
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rotected class. Which of these statements a
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bout this conflict is true? - ANSWER-
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