GEORGIA LICENSE EXAMINATION STUDY GUIDE QUESTIONS WITH ANSWERS

GEORGIA /




LICENSE
/ /




EXAMINATION
/ /




STUDY
/ /




GUIDE QUESTIONS WITH ANSWERS
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(1) //



A /



FARMER
/ /



TEMPORARILY
/ /



INSTALLS
/ /



PRODUCE
/ /



COOLERS
/ /



IN
/ //



A /



LEASED
/ /



FARM
/ /



STAND
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IN
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ORDER
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TO
/ /



PREVENT
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SPOILAGE.
/ /

,/ THE /



/ COOLERS /



/ WOULD /



/ BE /



/ CONSIDERED /



/ WHICH /



/ OF /



/ THE /



/ FOLLOWING? - // /



/ CORRECT /



/ ANSWERS(S)✔✔TRADE /



/ FIXTURES THAT ARE PERSONAL PROPERTY. // // // //




(2) /



PROPERTY
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CAN
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BE
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CONVERTED
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FROM
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REAL
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TO
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PERSONAL
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PROPERTY
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AND
/ /



FROM
/ /



PERSONAL
/ /



PROPERTY
/ /

,/ TO /



/ REAL /



/ PROPERTY /



/ BY /



/ MEANS /



/ OF /



/ WHICH /



/ PROCESSES, /



/ RESPECTIVELY? - // /



/ CORRECT ANSWERS(S)✔✔SEVERANCE AND AFFIXING
// // //




(3) /



THE
/ /



HIGHEST
/ /



FORM
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OF
/ /



OWNERSHIP
/ /



INTEREST
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RATE
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ONE
/ /



CAN
/ /



ACQUIRE
/ /



IN
/ /



REAL
/ /



ESTATE
/ /



IS
/ /

, / THE... - // /



/ CORRECT ANSWERS(S)✔✔ABSOLUTE FEE SIMPLE ESTATE // // // //




(4) /



THE
/ /



DISTINGUISHING
/ /



FEATURE
/ /



OF
/ //



A /



DEFEASIBLE
/ /



FEE
/ /



SIMPLE
/ /



ESTATE
/ /



IS
/ /



THAT... -
/ // /



CORRECT
/ /



ANSWERS(S)✔✔THE
/ /



ESTATE
/ /



MAY
/ /



REVERT
/ /



TO
/ //



A GRANTOR OR HEIRS IF THE PRESCRIBED USE CHANGES
// // // // // // // //




(5) /



MARIA
/ /



ACQUIRES A PROPERTY FROM HER UNCLE ALFONSO. WHEN
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