- | P a g e
AYPO Real Estate Principles Of Real Estate II Newest 2025 Actual Exam Complete Questions And Correct Answers(Verified Answers)|Already Graded A+
The FTC rule that advertising must be truthful and not designed to deceive consumers means what? - CORRECT ANSWER -the advertisement cannot contain statements likely to mislead reasonable consumers
Which of the following is not an effective way to prevent errors?
- CORRECT ANSWER -E&O insurance
Mold remediation for the state of Texas is managed by whom? - CORRECT ANSWER -Texas Department of State Services
Where would one take a duly executed, acknowledged, and delivered deed to have it filed as part of the public record? - CORRECT ANSWER -The county clerk''s office of the county where the property is located
Which title is a property title that is considered free from defect and therefore the possibility of litigation is eliminated but even though there may still be encumbrances on the title it is one of 1 / 3
- | P a g e
which the parties are aware, such as a lien or an easement? - CORRECT ANSWER -Marketable title
A county clerk who accepts electronic documents for recording
shall: - CORRECT ANSWER -(1) continue to accept paper
documents; and (2) place entries for paper documents and electronic documents in the same index.
Why would a lender require a borrower to obtain title insurance when obtaining a mortgage? - CORRECT ANSWER -Title insurance prevents an error from the title company creating later problems with a lien (any lien placed on a property without a clear title or a title with unknown encumbrances would not be easily enforced in the event of a default)
If the sale, transfer, purchase, or acquisition agreement transfers or sells an interest in land or in a mortgage or other lien vested according to the real property records in the failed depository
institution: - CORRECT ANSWER -a recorded affidavit or
memorandum under this section is constructive notice of the transfer or sale.
- / 3
- | P a g e
Estates of indeterminable length, for example, those that exist
for a lifetime or forever are: - CORRECT ANSWER -Freehold
estates
Testate: - CORRECT ANSWER -Is the legal term for having a
will at death.
The minimum general requirements for an instrument to qualify
as a deed in Texas include which of the following: - CORRECT
ANSWER-Contain words of conveyance
The right of government to take ownership of privately held real
estate is called: - CORRECT ANSWER -eminent domain
When an offer to purchase real estate in this state is signed, a license holder shall advise each buyer, in writing, that the buyer
should: - CORRECT ANSWER -1. have the abstract covering
the real estate that is the subject of the contract examined by an attorney chosen by the buyer
- be provided with or obtain a title insurance policy
Who is permitted to prepare legal documents in Texas? - CORRECT ANSWER -Attorney
- / 3