The Texas Occupations Code allows the Texas Real Estate Commission to adopt rules requiring license holders to use contract forms prepared by which entity?

Question:  The Texas Occupations Code allows the Texas Real Estate Commission to adopt rules requiring license holders to use contract forms prepared by which entity?

Answer:  TREC  ( Texas Real Estate Broker-Lawyer Committee )

To whom is title conveyed by a deed of trust?

Question:  To whom is title conveyed by a deed of trust?

Answer:  The Trustee (A disinterested third party)

Which type of property possession carries an implicitly understood termination date?

Question:  Which type of property possession carries an implicitly understood termination date?

Answer:  Estate for years

Which type of deed transfers title when a parcel of real property is sold at a court-ordered public auction as the result of foreclosure?

Question:  Which type of deed transfers title when a parcel of real property is sold at a court-ordered public auction as the result of foreclosure?

Answer:  Sheriff's Deed

Which deed may be used when a grantor is generally unsure about the validity of his or her title?

Question:  Which deed may be used when a grantor is generally unsure about the validity of his or her title?

Answer:  Quit Claim Deed

Which type of deed is also called a “bargain and sale deed with a covenant against the grantor’s acts”?

Question:  Which type of deed is also called a “bargain and sale deed with a covenant against the grantor’s acts”?

Answer:  Special warranty deed

By which deed covenant does the grantor essentially guarantee the title is valid against any other claims to the property?

Question:  By which deed covenant does the grantor essentially guarantee the title is valid against any other claims to the property?

Answer:   Quite Enjoyment