Exam 4: Transferring Title
Exam 1: Nature and Description of Real Estate79 Questions
Exam 2: Rights and Interests in Land80 Questions
Exam 3: Forms of Ownership80 Questions
Exam 4: Transferring Title80 Questions
Exam 5: Recordation Abstracts and Title Insurance80 Questions
Exam 6: Contract Law80 Questions
Exam 7: Real Estate Sales Contracts80 Questions
Exam 8: Mortgage and Note80 Questions
Exam 9: Deed of Trust80 Questions
Exam 10: Lending Practices80 Questions
Exam 11: The Loan and the Consumer80 Questions
Exam 12: Sources of Financing80 Questions
Exam 13: Types of Financing80 Questions
Exam 14: Taxes and Assessments80 Questions
Exam 15: Title Closing and Escrow80 Questions
Exam 16: Real Estate Leases80 Questions
Exam 17: Real Estate Appraisal80 Questions
Exam 18: Licensing Laws and Professional Affiliation80 Questions
Exam 19: The Principal-Broker Relationship: Employment80 Questions
Exam 20: The Principal-Broker Relationship: Agency80 Questions
Exam 21: Fair Housing, Ada, Equal Credit, and Community Reinvestment80 Questions
Exam 23: Property Insurance80 Questions
Exam 24: Land-Use Control80 Questions
Exam 25: Real Estate and the Economy80 Questions
Exam 26: Investing in Real Estate80 Questions
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Covenants or warranties are found in all of the following EXCEPT
(Multiple Choice)
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Because it is implied, a granting clause is not necessary in most states for a deed to be valid.
(True/False)
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A legal process of acquiring additional property that is added to property already owned is called accession.
(True/False)
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The covenant, which states that the grantor is the owner and has the right to convey, is called the covenant of
(Multiple Choice)
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The "To have and to hold clause" is also known as the ____________________ clause.
(Short Answer)
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Through the unauthorized occupation of another person's land for a long enough period of time, it is possible to acquire ownership by _________________________.
(Short Answer)
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A transfer of land by a private party to a government entity is called a public grant.
(True/False)
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Choose the one most appropriate answer for each.
-grantor warrants title only against defects occurring during the grantor's ownership
(Multiple Choice)
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The signature of the grantor is required in most states for any deed to be valid.
(True/False)
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Choose the one most appropriate answer for each.
-a will written entirely in one's own handwriting and signed but not witnessed
(Multiple Choice)
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Choose the one most appropriate answer for each.
-waterborne soil deposited to produce firm, dry ground
(Multiple Choice)
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Real property that is willed is known as a ____________________ and the recipient is the ____________________.
(Short Answer)
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Sylvia, as executor of a relative's estate, realized that she had no authority to warrant and defend the acts of previous title holders when conveying the property to the new owners. She would probably use a special warranty deed.
(True/False)
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A change in ownership of any kind is known as a forfeiture of title.
(True/False)
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When an adverse claimant tacks on his period of possession to that of a prior adverse occupant, this is called tacking.
(True/False)
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Choose the one most appropriate answer for each.
-the act of conveying ownership
(Multiple Choice)
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If a person dies without leaving a last will and testament she is said to have died ____________________.
(Short Answer)
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