Property Ownership
Texas real estate can be held by a corporation or limited liability company (LLC). When real property is sold by an LLC, the deed must be signed by:
AAll members of the LLC
BAn authorized member or manager as specified in the LLC's operating agreement✓ Correct
CThe registered agent of the LLC
DA TREC-appointed representative
Explanation
When an LLC sells real property in Texas, the deed must be executed by an authorized member or manager as designated in the LLC's operating agreement or by a specific authorization from the LLC.
Related Texas Property Ownership Questions
- In Texas, the homestead exemption for ad valorem tax purposes allows a homeowner to:
- In Texas, the doctrine of 'after-acquired title' (estoppel by deed) means that:
- Texas is a 'community property' state. When a married couple purchases a home using community funds, the home is:
- In Texas, a 'partition action' may be used when co-owners of a property:
- Texas law recognizes 'prescriptive rights' for utility easements when utilities have been openly using a strip of land for:
- In Texas, which party typically pays the cost of the owner's title insurance policy?
- In Texas, a property located within a Public Improvement District (PID) may be subject to:
- In Texas, a 'trespass to try title' lawsuit is used to:
Practice More Texas Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Texas Quiz →