Texas Real Estate State Practice Exam

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Prepare for the Texas Real Estate State Exam with comprehensive study materials. Engage in multiple choice questions and gain insights with in-depth explanations and examples. Ace your exam confidently!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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What happens at the conclusion of a life estate?

The property is sold to the highest bidder
The property reverts back to the original owner
It becomes joint tenancy
It converts to a trust

The correct answer is: The property reverts back to the original owner

At the conclusion of a life estate, the property typically reverts back to the original owner. This is because a life estate is a property interest that lasts only for the duration of a specified person's life (the life tenant). Once the life tenant passes away or the specified life estate ends, ownership of the property reverts back to the grantor or their designated beneficiaries. Options A, C, and D are incorrect because they do not accurately reflect what typically happens at the conclusion of a life estate.