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TEXAS PRINCIPLES OF REAL ESTATE II (FINAL EXAM STUDY GUIDE NEWEST UPDATE 2025/2026 WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS/ WELL ANALYSED, ALREADY GRADED A+ (100%GUARANTEED PASS! )

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TEXAS PRINCIPLES OF REAL ESTATE II (FINAL EXAM STUDY GUIDE NEWEST UPDATE 2025/2026 WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS/ WELL ANALYSED, ALREADY GRADED A+ (100%GUARANTEED PASS! )

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TEXAS PRINCIPLES OF REAL ESTATE II
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TEXAS PRINCIPLES OF REAL ESTATE II

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Subido en
18 de julio de 2025
Número de páginas
11
Escrito en
2024/2025
Tipo
Examen
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TEXAS PRINCIPLES OF REAL ESTATE II (FINAL EXAM
STUDY GUIDE NEWEST UPDATE 2025/2026 WITH
ACTUAL
QUESTIONS AND CORRECT VERIFIED ANSWERS/ WELL
ANALYSED, ALREADY GRADED A+ (100%GUARANTEED
PASS! )




What is the name of the sworn statement in which the seller assures the title
company (and the buyer) that there are no liens, unpaid bills for repairs or
improvements, or undisclosed defects in the title? - CORRECT ANSWER-
affidavits as to debts and liens


Tax incentives that cover the cost of energy-efficient improvements, EEMs, and
Energy Star-qualified homes are examples of: - CORRECT ANSWER-green
initiatives




What is investment gain? - CORRECT ANSWER-Investment gain has to do
with the increase in a property's value due to active and purposeful
development of a property.


How many feet are in a mile? - CORRECT ANSWER-5,280 feet

, What is a quitclaim deed? - CORRECT ANSWER-A quitclaim deed provides the
grantee with the least protection of any deed, while putting the least liability
on the grantor. It carries no covenants nor warranties and conveys only such
interest that the grantor may have when the deed is delivered.


Alexis owns a fried chicken restaurant, Tender Times. When her area is rezoned
from commercial to residential, Alexis is allowed to continue operating Tender
Times in the same location.

What is this an example of? - CORRECT ANSWER-While the use of the
property originally conformed to zoning, that was no longer the case once the
rezoning took place. So the present (commercial) use would be considered a
nonconforming use, which is where a once-permissible-but-no-longer-
permitted use is grandfathered in.


Who is the representative of the title insurance company who reviews the title
insurance commitment, prepares the Closing Disclosure, and conducts the
closing? - CORRECT ANSWER-closing agent


Which of these scenarios would be most likely to result in the granting of a
conditional-use permit? - CORRECT ANSWER-A person wanting to build or
establish a bed & breakfast in an area zoned for residential use could seek a
conditional-use permit from the zoning board as it could be judged as
marginally out of compliance with existing zoning.


When does the Interstate Land Sales Full Disclosure Act require the seller to
give the report to a lot purchaser? - CORRECT ANSWER-before a purchase
agreement is signed.


Elmer wants to install lowered light switches in his apartment so that he can
reach them from his wheelchair. The landlord agrees but says that Elmer must
install them at his own expense. Elmer argues that the landlord must pay for
them.
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