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 ✔✔ C. at the county clerk’s office where the
property is located
A person appointed by a court to settle the estate 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 ✔✔ 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 ✔✔ 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 ✔✔ 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 ✔✔ D. the
original grant of the land from the government to a private citizen
A handwritten will signed by the testator but not witnessed is known as a(n):
A. nuncupative will
B. holographic will
C. oral will
D. formal will ✔✔ B. holographic will
A voluntary gift of private land to the public is known as:
A. alienantion
B. dedication
C. reliction
D. annexation ✔✔ 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 ✔✔ C. both A and B
In order to convey title to real property, a deed must be signed by the:
A. grantee
B. grantor
C. agent
D. buyer ✔✔ B. grantor
Sam has moved onto a property owned by Fred. Sam is not leasing the property. If Sam
holds possession of the property for a long period of time, he will own the property thru
adverse possession.
A. True
B. False ✔✔ A. True
The act passed in 1968 to protect the consumer from land scams is the:
A. Buyers Land Protection Act
B. Interstate Land Sales Full Disclosure Act (ILSFDA or LISA)
C. Federal Land and Housing Act
D. Texas Public Ownership ✔✔ B. Interstate Land Sales Full Disclosure Act (ILSFDA
or LISA)
The trustee in a deed of trust:
A. writes the contract for the buyer.
B. shows the property to the buyer
C. forecloses on the property in the event of default.