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Texas Real Estate Exam Prep (From
Pearson VUE and & Champions
National Exam Prep) Actual Test
Questions with Detailed Verified
Answers Already Graded A, 2025 /
_____________Quiz____________? A property owner has decided to do some landscaping work on his yard. he has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of: a) encroachments b) improvements c) surface rights d) emblements -
Answer ✓✓
b) improvements _____________Quiz____________? A property owner has a waterfront lot on a stream. He has the right to use the water from the stream. What is this right called? a) riparian b) littoral c) appropriative d) appropriation -
Answer ✓✓
a) riparian _____________Quiz____________? A commercial tenant is aware that his lease will expire at the end of the month. He has begun to disassemble his display cabinets and shelves. Which of the following statements about this is true? A) he cannot take them without first obtaining written permission from the landlord. b) if the landlord wants them, he can pay the tenant and the tenant must leave them c) The tenant can take these as they are trade fixtures d) he must disclose to the landlord that he plans to take them -
Answer ✓✓
c) the tenant can take these as they are trade fixtures _____________Quiz____________? A seller is attending the closing on his property. The title company has discovered an unsatisfied M&M lien on the property. Which of the following is the most likely reason for the lien? a) a workman on the property left tools behind b) unpaid personal property taxes c) plumbing work that was completed but never paid for d) a judgment -
Answer ✓✓
c) plumbing work that was completed but never paid for _____________Quiz____________? A listing agent went to inspect a seller's property hoping to list it for sale. The seller told the listing agent that his neighbor's satellite dish trespasses on his property. This is an example of: a) annexation
a) an easement is a benefit to the servient property owner b) an easement is an encroachment c) an easement is a benefit to the dominant property owner d) an easement in gross belongs to or passes with the land -
Answer ✓✓
c) an easement is a benefit to the dominant property owner _____________Quiz____________? P, Q, and R are joint tenants, P wants to sell the property, but Q and R do not. What can P do? a) file an injunction against the other owners b) seek a writ of execution c) file a suit for partition d) get a release -
Answer ✓✓
c) file a suit for partition _____________Quiz____________? A, B and C are joint tenants. C dies. B sells his share to D. What type of ownership do A and D have? a) joint tenants b) tenants by the entirety c) tenants in common d) tenants in severalty -
Answer ✓✓
c) tenants in common _____________Quiz____________?
Under what right can the government change property use from commercial to residential only? a) Police Power b) Eminent Domain c) Taxation d) Escheat -
Answer ✓✓
a) Police Power _____________Quiz____________? Ownership of the common areas of condominiums is most likely to be: a) joint tenancy b) tenancy by the entirety c) tenancy in common d) sole ownership -
Answer ✓✓
c) tenancy in common _____________Quiz____________? What should a buyer do to ensure that he is getting the best title to real property? a) get an attorney's opinion of title b) get title insurance c) get a special warranty deed d) get a general warranty deed -
Answer ✓✓
d) get a general warranty deed _____________Quiz____________?
_____________Quiz____________? After defaulting on a real estate loan, a borrower is able to pay off the loan prior to the foreclosure sale. This is called: a) right of first refusal b) right of redemption c) deed in lieu of foreclosure d) an equitable estate -
Answer ✓✓
b) right of redemption _____________Quiz____________? A couple purchased a condominium. The complex has an exercise room for all residents. The couple does not use the exercise room and does not want to pay the monthly fee for the use of the facility. What can they do to avoid this fee? A) they can deduct the appropriate amount from their monthly condo fees b) they can have an attorney send a letter to the homeowner's association stating their intention to not pay and then stop paying the fee. C) they must pay the fee as they have a tenancy in common interest in all common areas. D) they can lease their condo as the landlords they would not have to pay the fee. -
Answer ✓✓
c) they must pay the fee as they have a tenancy in common interest in all common areas _____________Quiz____________? Which of the following is personal property? a) a lease b) a fixture c) an easement d) a freehold -
Answer ✓✓
a) a lease _____________Quiz____________? A landlord leased space in his new retail property to an inexperienced business person. Based on location and the type of business, the landlord believes is will be a great success. What type of lease can he enter into with the tenant that will allow the landlord to benefit from the tenant's success? a) a percentage lease b) a net lease c) a gross lease d) a sale and leaseback -
Answer ✓✓
a) a percentage lease _____________Quiz____________? A buyer has purchased a property and after closing the seller will continue to occupy the property. this is an example of: a) subletting b) assignment c) sale and leaseback d) a ground lease -
Answer ✓✓
c) sale and leaseback _____________Quiz____________? Your clients will be able to qualify for financing for a property they wish to purchase in about six months, after they have had an opportunity to reduce their consumer debt. They have found a property that they would like to purchase now. What type of agreement can they enter into with a seller that will allow them to occupy the property now and purchase it within the six months?
A zoning ordinance would directly affect which of the following? a) a buffer zone b) traffic at certain hours of the day c) the concentration of housing in a residential area d) the style and appearance of construction -
Answer ✓✓
c) the concentration of housing in a residential area _____________Quiz____________? If a person dies without a will, who receives their estate? a) spouse and children b) siblings c) escheat to state d) parents -
Answer ✓✓
a) spouse and children _____________Quiz____________? In order for a tenant to claim relief for constructive eviction: a) the landlord must have intentionally withheld required repairs or maintenance b) any defects must be deemed to present a health hazard to the tenants c) the tenant must prove continuous residence in the premises d) the defect must be related to either heating or water systems -
Answer ✓✓
a) the landlord must have intentionally withheld required repairs or maintenance _____________Quiz____________?
A buyer purchases a furnished condominium apartment as an investment. The document that evidences the buyer's ownership of the furniture is a: a) special warranty deed b) homeowner's insurance policy c) bill of sale d) buyer's inventory -
Answer ✓✓
c) bill of sale _____________Quiz____________? A broker who enters into a property management contract is considered a: a) fiduciary b) principal c) trustee d) trustor -
Answer ✓✓
a) fiduciary _____________Quiz____________? A buyer's interest in real property, acquired at the moment the seller and the buyer enter into a sales contract, is known as: a) legal title b) equitable interest c) fee simple determinable d) an option to purchase -
Answer ✓✓
b) equitable interest
c) market area _____________Quiz____________? In the absence of a formal appraisal report, which of the following choices is MOST appropriate for setting a listing price in a new, rapidly selling neighborhood: a) the price that willing buyers have recently paid for similar structures b) The cost of reproducing the structure plus the original lot value c) The price that is an average of the cost of reproducing the structure and the recent sales prices d) The price that is an average of the listed prices of the most recently sold similar properties
Answer ✓✓
a) the price that willing buyers have recently paid for similar structures _____________Quiz____________? Which of the following factors would be included in the description of replacement cost? a) Similar utility and current material b) Similar Utility and replica of material c) Different utility and current material d) Different utility and replica of material -
Answer ✓✓
a) Similar utility and current material _____________Quiz____________? Under an exclusive right-to-sell listing, a broker has the authority to take which of the following actions on behalf of a seller? a) Accept any bona fide offer b) Accept only those offers that meet the seller's list price
c) Pay for any needed repairs to the property and submit the bills to the seller for reimbursement d) Advertise the property for sale -
Answer ✓✓
d) advertise the property for sale _____________Quiz____________? Under a lease for a commercial property, a tenant agrees to pay $4,000 per month plus 3% of the gross monthly sales. This type of lease is called a: a) net b) triple net c) percentage d) ground -
Answer ✓✓
c) percentage _____________Quiz____________? The agency that is charged with enforcing the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) in the case of an owner who allows the dumping of wastes on a property is the: a) Housing and Urban Development b) Federal Emergency Management Agency c) Environmental Protection Agency d) Occupational Safety and Health Administration -
Answer ✓✓
c) Environmental Protection Agency _____________Quiz____________? A percentage lease would MOST often be used for tenants in:
A broker lists a property. A potential buyer tells the broker that he has heard that the crime rate in the neighborhood is increasing. Which of the following is the broker's BEST response to the buyer? a) The crime rate in the neighborhood is no higher than any other area b) Check with local law enforcement authorities about the crime rate c) Any information about the crime rate must come directly from the sellers d) the crime rate is not a defective property condition and need not be disclosed -
Answer ✓✓
b) Check with local law enforcement authorities about the crime rate _____________Quiz____________? Which of the following statements about the law of agency is CORRECT? a) It refers specifically to insurance b) it establishes a fiduciary relationship c) it does not require a high degree of loyalty and fidelity from an agent d) There is no employment relationship -
Answer ✓✓
b) it establishes a fiduciary relationship _____________Quiz____________? A lender's title policy will protect the: a) lender against default in loan payments b) borrower against default in loan payments c) lender against existing, undiscovered title defects d) borrower against unrecorded liens -
Answer ✓✓
c) lender against existing, undiscovered title defects
_____________Quiz____________? The provision in a mortgage or deed of trust that gives the lender the rights to call the entire balance due upon a default in any payment is called a(n): a) acceleration clause b) prepayment penalty clause c) prepayment privilege clause d) right of redemption clause -
Answer ✓✓
a) acceleration clause _____________Quiz____________? In order for a property manager to determine net operating income on a property, which of the following fees is subtracted from the effective gross income? a) Debt service b) Advances to owners c) Operating expenses d) Reserve for replacements -
Answer ✓✓
c) Operating expenses _____________Quiz____________? The value placed on land and buildings by a governmental unit for use in levying annual real estate taxes is called the: a) assessed value b) market value c) appraised value d) economic value -
Answer ✓✓
a) assessed value
_____________Quiz____________? A loan that provides for increases and decreases in the interest rate during its term is known as a(n): a) equity sharing mortgage b) graduated-payment mortgage c) reverse mortgage d) adjustable-rate mortgage -
Answer ✓✓
d) adjustable-rate mortgage _____________Quiz____________? The right of local government officials to acquire title to real estate for public purpose by condemnation is based on the power of: a) taxation b) escheat c) eminent domain d) land-use planning -
Answer ✓✓
c) eminent domain _____________Quiz____________? The price for which a property will sell of offered openly under normal conditions is known as: a) cash value b) mortgage loan value c) market value d) assessed value -
Answer ✓✓
c) market value _____________Quiz____________? The condition which allows a property owner to convey a right to another party while retaining full legal title is a(n): a) covenant b) easement c) encroachment d) ordinance -
Answer ✓✓
b) easement _____________Quiz____________? The acquisition of another's title to real property by means of open, notorious, and continuous use is known as an: a) easement by prescription b) easement in gross c) adverse possession d) eminent domain -
Answer ✓✓
c) adverse possession _____________Quiz____________? The commission earned by a listing broker on a sale of property is established by: a) The local Multiple Listing Service (MLS) b) Local custom c) Agreement between the buyer and the broker d) Agreement between the seller and the broker -
