PRII Ch 30

How do the community property laws in Texas view a husband and wife? (30)

• As tenants in common with rights of survivorship
• As equal partners
• As tenants in severalty
• As separate property owners until living together

Which of the following best describes a homestead tax exemption? (30)

• A property tax exemption is applied to portions of the property’s assessed value
• There is a direct reduction in the homestead property’s tax by a certain percent
• A homestead property is exempt from taxation.
• A homestead property is exempt from taxation.

Which of the following would be considered separate property?

• Property acquired during the marriage by either spouse from personal income
• Property acquired by either spouse from gifts during the marriage.
• Property acquired by either spouse from gambling winnings.
• Property acquired by either spouse from the sale of intellectual property

Which of the following is true?

• If a wife uses income from a separate job during the marriage to acquire property, the acquired property will be separate property.
• If a wife uses separate property during the marriage to acquire property, the acquired property will be separate property.
• If a spouse inherits a thousand dollars, deposits the funds into a joint account, then uses that money to acquire property, the acquired property will be separate property.
• If a spouse receives a bonus from working and buys a motorcycle with the funds, the motorcycle will be separate property.

The primary purpose of the Deceptive Trade Practices Act is to

• eliminate exaggerative advertisements.
• avoid negligent misrepresentations.
• outlaw misleading statements made by parties to further personal interests.
• increase penalties for fraud and incompetent business practices.

Which of the following is legal for a landlord or tenant?

• A tenant has a right to vacate a monthly rental with at least one month’s notice.
• A tenant can substitute the rent deposit for the last month’s rent if there is no damage.
• A landlord can evict a month-to-month lease tenant with 10 days’ advance notice.
• A landlord can waive liability for not maintaining habitability of the premises.

Which of the following circumstances does NOT constitute grounds for keeping all or a portion of a tenant’s security deposit?

• The landlord discovers “wear and tear” to the premises.
• The tenant causes damage to the security system.
• A tenant abandons the premises prior to lease expiration.
• A tenant fails to clean the apartment upon surrender of the premises.

Under which of the following circumstances may a landlord lock a tenant out of the leased premises?

• The tenant has failed to pay rent for six months.
• The tenant has ignored the landlord’s warnings to keep the noise down.
• The landlord gives the tenant a written explanation of the lockout.
• The landlord is making repairs.

What is the maximum size of a rural homestead?

• 10 acres
• 100 acres
• 200 acres
• 500 acres

A tenant may use domestic violence as a reason for terminating a lease if

• a copy of an injunction issued by a judge is given to the landlord.
• the tenant produces a witness to the violence.
• an incident of violence occurs in a public area within the building.
• Another tenant complains to the landlord about a disturbance.