Texas - Law of Contracts - Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
A sewer system is NOT - Correct Answers ✅Included in the
description of land
Joint Tenancy - Correct Answers ✅If one tenant dies, the
decedent's share of interest passes to surviving tenant(s).
Manufactured Housing - Correct Answers ✅Considered
Real Property in Texas if Owner chooses to treat it as such.
Conveyance Deed - Correct Answers ✅Transfers
permanently fixed objects attached to a home such as a
permanently attached deck.
Abstract of Title - Correct Answers ✅A summary of title
search found in public records.
When a joint tenant passes away the deceased property
transfers to - Correct Answers ✅Surviving joint tenant
Indestructibility is - Correct Answers ✅A physical
characteristic of land
Fee simple ownership, shared walls, and common areas are
similar to - Correct Answers ✅Town-house ownership
,Texas - Law of Contracts - Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
A business organization may NOT - Correct Answers ✅Own
property as a tenancy by the entirety
Police power is an example of a governmental power such as
- Correct Answers ✅a city appointing its citizens to zoning
and building boards to create codes and zoning ordinances.
Mortgage liens are - Correct Answers ✅Voluntary liens
Mechanics' liens - Correct Answers ✅are not voluntary
liens.
Estates in real property are - Correct Answers ✅Created by
a deed and or a bill of sale
When real estate taxes are not paid on time a - Correct
Answers ✅Lien will be filed by the taxing authority
Easement by Necessity - Correct Answers ✅Jane and Bill
divided their 60-acre property into three 20-acre parcels (lots
A, B, and C). A and C can only access the public road through
B. The buyers of A and C will probably be granted this by
court action.
, Texas - Law of Contracts - Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
Accretion is land being acquired by - Correct Answers
✅Deposits from a river and or stream
RESPA - Correct Answers ✅Real Estate Settlement
Procedures Act is a federal act and applies to any residential
real estate transaction involving a new first mortgage loan. It
is designed to ensure that the buyer and seller are both fully
informed of all settlement costs.
When an executory contract is in place and a zoning change
takes place the - Correct Answers ✅Contract becomes void
A seller promised to sell and a buyer agrees to buy for a
certain amount and out in writing; this is called a - Correct
Answers ✅Bilateral contract
A breach of contract is NOT - Correct Answers ✅When an
agent who has a listing cannot produce a ready, willing and
able buyer
The Broker-Lawyer Committee - Correct Answers ✅Drafts
but does not publish/promulgate forms.
A listing agreement is - Correct Answers ✅An employment
contract
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
A sewer system is NOT - Correct Answers ✅Included in the
description of land
Joint Tenancy - Correct Answers ✅If one tenant dies, the
decedent's share of interest passes to surviving tenant(s).
Manufactured Housing - Correct Answers ✅Considered
Real Property in Texas if Owner chooses to treat it as such.
Conveyance Deed - Correct Answers ✅Transfers
permanently fixed objects attached to a home such as a
permanently attached deck.
Abstract of Title - Correct Answers ✅A summary of title
search found in public records.
When a joint tenant passes away the deceased property
transfers to - Correct Answers ✅Surviving joint tenant
Indestructibility is - Correct Answers ✅A physical
characteristic of land
Fee simple ownership, shared walls, and common areas are
similar to - Correct Answers ✅Town-house ownership
,Texas - Law of Contracts - Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
A business organization may NOT - Correct Answers ✅Own
property as a tenancy by the entirety
Police power is an example of a governmental power such as
- Correct Answers ✅a city appointing its citizens to zoning
and building boards to create codes and zoning ordinances.
Mortgage liens are - Correct Answers ✅Voluntary liens
Mechanics' liens - Correct Answers ✅are not voluntary
liens.
Estates in real property are - Correct Answers ✅Created by
a deed and or a bill of sale
When real estate taxes are not paid on time a - Correct
Answers ✅Lien will be filed by the taxing authority
Easement by Necessity - Correct Answers ✅Jane and Bill
divided their 60-acre property into three 20-acre parcels (lots
A, B, and C). A and C can only access the public road through
B. The buyers of A and C will probably be granted this by
court action.
, Texas - Law of Contracts - Real Estate
EXAM QUESTIONS AND ANSWERS 100%
SOLVED (Newest 2025)
Accretion is land being acquired by - Correct Answers
✅Deposits from a river and or stream
RESPA - Correct Answers ✅Real Estate Settlement
Procedures Act is a federal act and applies to any residential
real estate transaction involving a new first mortgage loan. It
is designed to ensure that the buyer and seller are both fully
informed of all settlement costs.
When an executory contract is in place and a zoning change
takes place the - Correct Answers ✅Contract becomes void
A seller promised to sell and a buyer agrees to buy for a
certain amount and out in writing; this is called a - Correct
Answers ✅Bilateral contract
A breach of contract is NOT - Correct Answers ✅When an
agent who has a listing cannot produce a ready, willing and
able buyer
The Broker-Lawyer Committee - Correct Answers ✅Drafts
but does not publish/promulgate forms.
A listing agreement is - Correct Answers ✅An employment
contract
