Texas principles of Real Estate II Exam
Questions With Correct Answers
What is a Legal Title? - correct answer(s) ✔✔ Someone who possesses all ownership interests
owns the property.
What is an Equitable Title? - correct answer(s) ✔✔ The interest or right to obtain legal title to
a property in accordance with a sale or mortgage contract between the legal owner and a
buyer or creditor.
What is it called when a title is transferred to a new owner? - correct answer(s) ✔✔ alienation
What is a Voluntary Alienation? - correct answer(s) ✔✔ is an unforced transfer of title by sale
or gift from an owner to another party.
What is a Conveyance? - correct answer(s) ✔✔ When the transfer uses a written document
the transfer
What is a Deed? - correct answer(s) ✔✔ is a legal instrument used by an owner to transfer
title to real estate voluntarily to another party.
What elements do most deeds have? - correct answer(s) ✔✔ Grantor
Grantee
Act of conveyance
, Consideration
Legal description
Habendum clause
Designation of limitations
Exemptions and reservations affecting the title
Signature of the grantor
Delivery and acceptance of the deed
Acknowledgment
Recording
What is a grantor? - correct answer(s) ✔✔ is the person who transfers the title to real
property
What is a Special Warranty Deed? - correct answer(s) ✔✔ The grantor warrants only against
title defects or encumbrances not noted on the deed that may have occurred during the
grantor's period of ownership or trusteeship.
Questions With Correct Answers
What is a Legal Title? - correct answer(s) ✔✔ Someone who possesses all ownership interests
owns the property.
What is an Equitable Title? - correct answer(s) ✔✔ The interest or right to obtain legal title to
a property in accordance with a sale or mortgage contract between the legal owner and a
buyer or creditor.
What is it called when a title is transferred to a new owner? - correct answer(s) ✔✔ alienation
What is a Voluntary Alienation? - correct answer(s) ✔✔ is an unforced transfer of title by sale
or gift from an owner to another party.
What is a Conveyance? - correct answer(s) ✔✔ When the transfer uses a written document
the transfer
What is a Deed? - correct answer(s) ✔✔ is a legal instrument used by an owner to transfer
title to real estate voluntarily to another party.
What elements do most deeds have? - correct answer(s) ✔✔ Grantor
Grantee
Act of conveyance
, Consideration
Legal description
Habendum clause
Designation of limitations
Exemptions and reservations affecting the title
Signature of the grantor
Delivery and acceptance of the deed
Acknowledgment
Recording
What is a grantor? - correct answer(s) ✔✔ is the person who transfers the title to real
property
What is a Special Warranty Deed? - correct answer(s) ✔✔ The grantor warrants only against
title defects or encumbrances not noted on the deed that may have occurred during the
grantor's period of ownership or trusteeship.