Saturday, August 12, 2017

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

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Question:  The Texas Occupations Code allows the Texas Real Estate Commission to adopt rules requiring license holders to use contract forms...

To whom is title conveyed by a deed of trust?

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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?

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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?

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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 fore...

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

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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”?

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

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

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