Exam 1: Nature and Description of Real Estate
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
Select questions type
A point of beginning must be included in a metes and bounds land description.
Free
(True/False)
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Correct Answer:
True
Which of the following contains more than one acre of land?
Free
(Multiple Choice)
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Correct Answer:
B
Mineral rights can be conveyed separately but riparian rights cannot be conveyed ____________________.
Free
(Short Answer)
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Correct Answer:
separately
Monuments and points of beginning are used with the metes and bounds type of land description.
(True/False)
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Choose the one most appropriate answer for each.
-the shortage of land in an area where there is a great demand for land
(Multiple Choice)
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A proper legal description of land must uniquely ____________________ and bound the parcel.
(Short Answer)
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A residential tenant wants to build a bookcase next to the fireplace in his leased townhouse. The book case can be removed with prior permission of the ____________________.
(Short Answer)
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Choose the one most appropriate answer for each.
-land and improvements in a physical sense as well as the rights to own and use them
(Multiple Choice)
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Choose the one most appropriate answer for each.
-a subdivision map filed in the county recorder's office
(Multiple Choice)
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Air rights are defined as rights of the property owner extending form the center of the earth to a reasonable height above the land.
(True/False)
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In the rectangular survey system of land description, principal meridians run in a north-south direction.
(True/False)
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Land ownership includes improvements, air rights and subsurface rights but not personal property.
(True/False)
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A farmer owns a 60 acre farm planted in potatoes. The potatoes are always personal property.
(True/False)
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A fixture may be removed by a ____________________ with the landlord's permission.
(Short Answer)
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Choose the one most appropriate answer for each.
-the fact that no two parcels of land are exactly alike
(Multiple Choice)
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Easements, rights of way, and condominium parking stalls are examples of
(Multiple Choice)
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A cultivated crop, not yet harvested, should be carefully noted on a listing agreement because
(Multiple Choice)
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