Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated

Texas Principles Of Real Estate II Final Exam Written documents affecting a title to real estate are recorded: A. where the titleholder resides B. where the titleholder has legal residence C. at the county clerk's office where the property is located D. at any county clerk's office in Texas (Ans - C. at the county clerk's office where the property is located A person appointed by a court to settle the estat e of a deceased person when the executor cannot perform or refuses to perform is: A. another executor B. a legatee C. an administrator D. a devisee (Ans - C. an administrator What is an abstract of title? A. title insurance B. a history of all recorded activity affecting a parcel of real estate C. a judgment on real property D. a patent (Ans - B. a history of all recorded activity affecting a parcel of real estate A title insurance policy in favor of the mortgagee will insure the: A. owner B. buyer C. buyer and seller D. lender (Ans - D. lender A chain of title shows the linkage of property ownership that connects the present owner to the original source of title. In most cases it starts with: A. ownership from 1955 B. chattel C. a suit in federal court D. the original grant of the land from the government to a private citizen (Ans - D. the original grant of the land from the government to a private citizen A handwritten will signed by the testat or but not witnessed is known as a(n): A. nuncupative will B. holographic will C. oral will D. formal will (Ans - B. holographic will A voluntary gift of private land to the public is known as: A. alienantion B. dedication C. reliction D. annexation (Ans - B. dedication The General Warranty Deed contains: A. the covenant of seisin B. the covenant against encumbrances C. both A and B D. neither A or B (Ans - C. both A and B