TX Real Property Distinctions Flashcards

1
Q

how can married couples convey a homestead

A

neither spouse may sell, convey or encumber a homestead without the joinder of the other spouse

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2
Q

debts for which a creditor may force a sale of a homestead

A
  • purchase money
  • taxes due on the homestead
  • improvements to the homestead
  • owelty of partition
  • refinance of previously permitted debts
  • home equity loand
  • reverse mortgage
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3
Q

rural homestead

A

cannot be more than 200 for a family or 100 acres for a single person, does not have to be contiguous but all have to be used as a homestead (allows for living on party and then using the rest in support of the family or single adult)

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4
Q

what is needed to establish a homestead

A

show intent to have it as a homestead, actual occupation or such acts of preparation that the court can conclude that a buyer was about to occupy it
- written declaration that it is a homestead is not a factor, although it may be used to show intent and demonstrate occupation or preparation to occupy

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5
Q

when should the affidavit of lien, necessary for perfecting a mechanic’s lien on non-residential projects be filed

A

no later than the 15th day of the 4th calendar month after the day on which the indebtedness accrues

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6
Q

notice of a claim of a statutory mechanic’s lien must be given twice for…

A
  • commercial projects
  • public works projects
  • temporary event structures
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7
Q

required to be on an affidavit of lien

A
  • sworn statement of the amount of the claim
  • name and last known address of the owner or reputed owner
  • name and last known address of the original contractor
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8
Q

quitclaim deed in TX places a grantee on what kind of notice

A

inquiry (grantee is held to know anything that a reasonable investigation might have revealed

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9
Q

what is a quitclaim

A

transfer of whatever interest the grantor may have

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10
Q

to determine if recording will protect earlier purchasers against subsequent purchasers, one must look to TX’s recording act, which its a…

A

notice act

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11
Q

notice acts

A

protect subsequent grantees who are BFPs (those who give value and who take without notice of the earlier transaction)

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12
Q

since a deed does not need to be dated, it is considered effective when…

A

it is delivered

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13
Q

what does a deed require to be valid

A

must be in writing, contain the property description, include conveyancing language, be signed by the grantor

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14
Q

3 additioanl elements for establishing title by adverse possession after a permissive enty

A
  • repudiation of the former permissive relationship
  • the repudiation and adverse claim have been communicated to the person who gave permission
  • adverse possession has continued for the prescribed number of years after that date
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15
Q

to show visible appropriation of land by allowing livestock to graze, an adverse possessor could…

A

build a fence demonstrating the land is intentionally enclosed for grazing

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16
Q

what constitutes possession of the mineral interests in a piece of land for adverse possession purposes

A

drilling and production of the underlying minerals