aceable principles II exam 2023 with 100% correct answers

Mary dies, and in a handwritten will with no witness, gifts her house to her grandson. Mary has created what kind of will? a. testamentary b. holographic c. harmonious d. automatic - correct answer -b. holographic Sally and Jorge are a married couple who own a house together. The couple has one adult daughter, Emilia. When Jorge dies intestate, who receives the house? a. Sally receives the house b. Emilia receives the house c. Both Sally and Emilia receive one-half d. Sally receives one-third; Emilia receives the rest - correct answer -a. Sally receives the house Voluntary Alienation is: a. the method by which property is transferred from the current owner to another party either by sale or gift b. the method by which property is transferred from the current owner to the state for tax deductions c. the concept of an owner willingly giving up their property for public use d. the concept of an owner willingly giving up their property for use in a tax sale - correct answer -a. the method by which property is transferred from the current owner to another party either by sale or gift A valid deed will: a. contain a copy of the title b. state it as a conveyance c. list all applicable liens d. be signed by an attorney-in-fact - correct answer -b. state it as a conveyance A foreclosure property is purchased at a sheriff's sale. The buyer, Aviv, is responsible for fees such as: