NC Real Estate Practice Exam 100% Accurate

Method of describing land which is NOT used in North Carolina? - ANSWER Government rectangular survey In NC, the last day that real estate taxes for the current year may be paid without penalty is? - ANSWER By January 5th of the next year A description of property that reads "Beginning at the large oak tree on the Northern line of State Road 18, approximately one mile west to the intersection state road and the Great Southern Railroad right-of-way ,north approximately 15' along the drainage ditch".............. is - ANSWER Legal desritiopn that could be used in NC & metes and bounds description. To be valid in NC, a deed must include - ANSWER Words of Conveyance All these freehold estates can pass by inheritance EXCEPT a......... - ANSWER Conventional life estate Deed that contains no warranties at all and may convey no title at all, depending on the Grantors interest in the property when the deed is execute? - ANSWER Quitclaim Deed The NC law that provides a contract to sell land is not protected against third party unless recorded is called the .......... - ANSWER Conner Act Th deed that contains covenants against all encumbrances that would affect the title conveyed and assures quiet enjoyment if the............................... - ANSWER General Warranty Deed A woman grants a life estate to her grandson and