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Examen

FS Exam Questions With All Correct Answers 2025 Latest Update!!

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FS Exam Questions With All Correct Answers 2025 Latest Update!!

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Institución
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Grado
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Subido en
11 de agosto de 2025
Número de páginas
22
Escrito en
2025/2026
Tipo
Examen
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FS Exam Questions With All Correct Answers 2025 Latest
Update!!
1. A grantor and grantee are in the closing
Escrow Agent
stages of the transfer of real property. A third
party holds a grant that will be delivered only
when all of the conditions for the transfer are
complete. Which describes the third party?

2. When the public good is involved and
adequate com- pensation is offered, private eminent domain
property may be taken for public use under
what principle?

3. What type of evidence is usually NOT parol evidence
admissible in court to cure a patent
ambiguity in a deed?
Encumbrances
4. Which of the following terms includes unpaid
taxes, mortgages, easements, leases and
liens? The title is without
limita- tions or
5. The term fee simple absolute describes a type conditions to the
of es- tate. Which phrase defines the idea owner, heirs &
further? assigns

It must have a
6. Which of the following conditions is essential
written or printed
for the execution of a valid deed?
form.

7. Which of the following is a revocable right in real prop- license
erty?

8. When an owner dies without a will or heirs, appur-
the state becomes the proprietor under which tenant
federal doctrine? easement
passes?
9. Which term applies to the land over which an
1/
22

, FS Exam Questions With All Correct Answers 2025 Latest
Update!!
Escheat
Servient estate

10. color of title




2/
22

, FS Exam Questions With All Correct Answers 2025 Latest
Update!!
Which of the following terms applies to a written
in- strument that appears to convey title to a
real proper- ty, but actually does not?

11. Real property is subject to the laws and Where title is in the United
jurisdiction of the state it is located in EXCEPT States, or where it is
specif- ically under the
jurisdic- tion of the
federal govern- ment
12. Real property is land composed of a bundle
The owner of the title to a
of rights and it is common for the rights of a
tract of land Cannot
particular parcel of land to be divided among
convey the land &
many persons. Which of the following
retain the rights to the
statements about real property rights is NOT
correct? minerals

13. A defensible fee simple estate is an estate that Depends on some event
in
the future for its continu-
ance

14. Which of the following best describes the A claim will not be
legal doc- trine of laches?
en- forced or allowed if
a long delay in
asserting it has hurt
the other party.

15. "Fee" in the phrase "fee simple absolute" means Can be inherited or de-
vised by a will

16. Life estate Considered a freehold,
but
its duration is limited by
3/
22

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