Practice Quiz

Texas Real Estate Exam - Question List

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76. The distinguishing characteristic of a real estate option when compared to a conventional contract of sale is its:
  1. Lack of mutuality in obligation
  2. Irrevocability
  3. Mutuality of contract
  4. Both “1” and “2”
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77. The term “periodic rate cap” refers to:
  1. an adjustable rate mortgage
  2. a limit on the amount the interest rate can increase or decrease during any one adjustment period
  3. conventional fixed-rate loans
  4. both A and B
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78. When duly recorded in the county where the property of the judgment debtor is located, an abstract of judgment for money awarded by a court becomes:
  1. An involuntary lien
  2. A voluntary lien
  3. An attachment lien
  4. An equitable lien
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79. Which of the following is not a characteristic of an easement:
  1. It is an interest which can be protected against interference by third persons
  2. It is capable of being created by a conveyance
  3. It is considered a non-possessory interest
  4. It is an interest that can be terminated at will by the processor of the land
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80.

What is a type of stovetop that uses a coil placed below the cooking surface in combination with specially designed cookware to generate rapid heat with an alternating magnetic field called?

  1. Microwave Cooking
  2. Electric Cooking
  3. Induction Cooking
  4. Convection Cooking
  5. Direct Heat Cooking
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