TEXAS REAL ESTATE 2025/2026 QUESTIONS AND
SOLUTIONS GRADED A+
✔✔Indestructibility - ✔✔A physical characteristic of land stating that the land will always
be there- it is durable
✔✔Economic Characteristics of Land - ✔✔Scarcity, modification, fixity and situs
✔✔Scarcity - ✔✔An economic characteristic of land stating that a short supply where
demand is great will cause an increase in value- usually based on geography
✔✔Modification - ✔✔An economic characteristic of land stating that improvements
made by man will alter the value of the land and surrounding properties
✔✔Fixity - ✔✔An economic characteristic of land stating that land, buildings and
improvements are considered a fixed investment- not liquid assests
✔✔Situs - ✔✔An economic characteristic of land stating that location preference from
an economic standpoint can cause increased value- location, location, location
✔✔Legal description of property - ✔✔A description of such certainty and accuracy that
one can go to the ground and identify the land- a description prepared by a surveyor
✔✔Metes and bounds - ✔✔A legal description of land having a point of beginning, using
terminal points and angles, degrees and minutes to outline a property
✔✔Lot, Block and Subdivision - ✔✔A legal description of land based on a recorded map
of a subdivision called a plat
✔✔Acre - ✔✔A measure of land- 43560 square feet
✔✔Plat - ✔✔A map of a town, section or subdivision
✔✔Plot - ✔✔A map of a single property site, also called a lot or a parcel
✔✔Lot - ✔✔A map of a single property site, also called a plot or a parcel
✔✔Parcel - ✔✔A single piece of property site, also called a lot or a plot
✔✔Encumbrance - ✔✔A limitation on the rights of a property owner
✔✔Cloud on the title - ✔✔An encumbrance that causes doubt as to the validity of title
and can prevent sale or transfer of title
,✔✔Lien - ✔✔A charge against property as security for a debt
✔✔Voluntary lien - ✔✔A lien created by the borrowers choice- taking out a mortgage or
home improvement loan
✔✔Involuntary lien - ✔✔A lien created by an outside source- law, court
✔✔Specific lien - ✔✔A lien attaching to one or more listed or specific properties
✔✔General lien - ✔✔A lien attach Ingrid to all property of a debtor not exempt from
forced sale
✔✔Statutory lien - ✔✔A lien created by statutory law, (legislation)- taxes, judgments,
etc.
✔✔Equitable lien - ✔✔A lien created by common law, (through the courts)
✔✔Vendor's lien - ✔✔A lien created by seller financing
✔✔Vendee's lien - ✔✔A lien used to protect a buyer who has paid and not received a
deed
✔✔Writ of Execution - ✔✔A court order to enforce payment of a lien
✔✔Mechanic's and Materialman's lien - ✔✔A lien on real property to secure payment
for work or material used to improve the property- an M & M lien
✔✔Reservation - ✔✔When a grantor withholds title tops part of the land transferred by a
deed
✔✔Encroachment - ✔✔Structures or improvements of one property overlap onto
another's property
✔✔Easement - ✔✔A right in land granting limited use or enjoyment of another's land
✔✔Express Grant - ✔✔Written or spoken
✔✔Implied Grant - ✔✔By actions or evidence but not written or spoken
✔✔Easement by Condemnation - ✔✔Easement acquired by the government under the
right of Eminent Domain- for use by the government, utilities or railroads
✔✔Easement appurtenant - ✔✔An easement that runs with the land- whoever owns the
land owns the easement
, ✔✔Easement in gross - ✔✔An easement that belongs to an individual or corporation
regardless of ownership of the land- for example- a utility easement
✔✔Dominant estate - ✔✔Property that benefits from an easement appurenant
✔✔Servient estate - ✔✔Property that is limited by an easement appurtenant
✔✔Adverse possession - ✔✔Acquiring title to another's property by occupancy that is
hostile, actual, continuous, visible and distinct for the statutory period- "squatters rights"
✔✔Estate - ✔✔An interest is real property
✔✔Freehold Estate - ✔✔Ownership of real property
✔✔Bundle of Rights - ✔✔A term used to describe an owners legal rights in land- right to
sell, lease, occupy, etc.
✔✔Fee Simple - ✔✔Ownership with the greatest bundle of rights- the owner has all
available rights to the property and can always pass it to his heirs- also called fee
simple absolute
✔✔Defensible Fee - ✔✔Ownership with terms or conditions which if violated could
cause the ownership to be defeated or terminated
✔✔Conditional Fee - ✔✔Ownership with terms or conditions which if violated could
cause the ownership to be defeated or terminated
✔✔Qualified Fee - ✔✔Ownership with terms or conditions which if violated could cause
the ownership to be defeated or terminated
✔✔Qualified Defeasible Fee - ✔✔Ownership with terms or conditions which if violated
could cause the ownership to be defeated or terminated
✔✔Life Estate - ✔✔Ownership for the duration of one's life- cannot be willed to heirs
✔✔Life Tenant - ✔✔Owner of a life estate
✔✔Remainderman - ✔✔Person who becomes the owner of property at the end of a life
estate, the remainder an has fee simple
✔✔Pur Autre Vie - ✔✔For another's life- a life estate held by one party for the life of
another
SOLUTIONS GRADED A+
✔✔Indestructibility - ✔✔A physical characteristic of land stating that the land will always
be there- it is durable
✔✔Economic Characteristics of Land - ✔✔Scarcity, modification, fixity and situs
✔✔Scarcity - ✔✔An economic characteristic of land stating that a short supply where
demand is great will cause an increase in value- usually based on geography
✔✔Modification - ✔✔An economic characteristic of land stating that improvements
made by man will alter the value of the land and surrounding properties
✔✔Fixity - ✔✔An economic characteristic of land stating that land, buildings and
improvements are considered a fixed investment- not liquid assests
✔✔Situs - ✔✔An economic characteristic of land stating that location preference from
an economic standpoint can cause increased value- location, location, location
✔✔Legal description of property - ✔✔A description of such certainty and accuracy that
one can go to the ground and identify the land- a description prepared by a surveyor
✔✔Metes and bounds - ✔✔A legal description of land having a point of beginning, using
terminal points and angles, degrees and minutes to outline a property
✔✔Lot, Block and Subdivision - ✔✔A legal description of land based on a recorded map
of a subdivision called a plat
✔✔Acre - ✔✔A measure of land- 43560 square feet
✔✔Plat - ✔✔A map of a town, section or subdivision
✔✔Plot - ✔✔A map of a single property site, also called a lot or a parcel
✔✔Lot - ✔✔A map of a single property site, also called a plot or a parcel
✔✔Parcel - ✔✔A single piece of property site, also called a lot or a plot
✔✔Encumbrance - ✔✔A limitation on the rights of a property owner
✔✔Cloud on the title - ✔✔An encumbrance that causes doubt as to the validity of title
and can prevent sale or transfer of title
,✔✔Lien - ✔✔A charge against property as security for a debt
✔✔Voluntary lien - ✔✔A lien created by the borrowers choice- taking out a mortgage or
home improvement loan
✔✔Involuntary lien - ✔✔A lien created by an outside source- law, court
✔✔Specific lien - ✔✔A lien attaching to one or more listed or specific properties
✔✔General lien - ✔✔A lien attach Ingrid to all property of a debtor not exempt from
forced sale
✔✔Statutory lien - ✔✔A lien created by statutory law, (legislation)- taxes, judgments,
etc.
✔✔Equitable lien - ✔✔A lien created by common law, (through the courts)
✔✔Vendor's lien - ✔✔A lien created by seller financing
✔✔Vendee's lien - ✔✔A lien used to protect a buyer who has paid and not received a
deed
✔✔Writ of Execution - ✔✔A court order to enforce payment of a lien
✔✔Mechanic's and Materialman's lien - ✔✔A lien on real property to secure payment
for work or material used to improve the property- an M & M lien
✔✔Reservation - ✔✔When a grantor withholds title tops part of the land transferred by a
deed
✔✔Encroachment - ✔✔Structures or improvements of one property overlap onto
another's property
✔✔Easement - ✔✔A right in land granting limited use or enjoyment of another's land
✔✔Express Grant - ✔✔Written or spoken
✔✔Implied Grant - ✔✔By actions or evidence but not written or spoken
✔✔Easement by Condemnation - ✔✔Easement acquired by the government under the
right of Eminent Domain- for use by the government, utilities or railroads
✔✔Easement appurtenant - ✔✔An easement that runs with the land- whoever owns the
land owns the easement
, ✔✔Easement in gross - ✔✔An easement that belongs to an individual or corporation
regardless of ownership of the land- for example- a utility easement
✔✔Dominant estate - ✔✔Property that benefits from an easement appurenant
✔✔Servient estate - ✔✔Property that is limited by an easement appurtenant
✔✔Adverse possession - ✔✔Acquiring title to another's property by occupancy that is
hostile, actual, continuous, visible and distinct for the statutory period- "squatters rights"
✔✔Estate - ✔✔An interest is real property
✔✔Freehold Estate - ✔✔Ownership of real property
✔✔Bundle of Rights - ✔✔A term used to describe an owners legal rights in land- right to
sell, lease, occupy, etc.
✔✔Fee Simple - ✔✔Ownership with the greatest bundle of rights- the owner has all
available rights to the property and can always pass it to his heirs- also called fee
simple absolute
✔✔Defensible Fee - ✔✔Ownership with terms or conditions which if violated could
cause the ownership to be defeated or terminated
✔✔Conditional Fee - ✔✔Ownership with terms or conditions which if violated could
cause the ownership to be defeated or terminated
✔✔Qualified Fee - ✔✔Ownership with terms or conditions which if violated could cause
the ownership to be defeated or terminated
✔✔Qualified Defeasible Fee - ✔✔Ownership with terms or conditions which if violated
could cause the ownership to be defeated or terminated
✔✔Life Estate - ✔✔Ownership for the duration of one's life- cannot be willed to heirs
✔✔Life Tenant - ✔✔Owner of a life estate
✔✔Remainderman - ✔✔Person who becomes the owner of property at the end of a life
estate, the remainder an has fee simple
✔✔Pur Autre Vie - ✔✔For another's life- a life estate held by one party for the life of
another
