Ga Real Estate Exam - Real Estate Practice Test 2023/2024 Questions and Answers 100% Accurate.(SCORED A)

Personal property that, by its attachment to real property, is regarded as real estate is called: A. an emblements B. personalty C. a fixture D. an appliance - ANSWER-C. a fixture What is the main purpose of police power? A. to protect the health, safety, and welfare of the community B. to prevent people from committing crimes C. to put out fires D. to make sure the property owners and citizens know their place - ANSWER-A. to protect the health, safety, and welfare of the community If a person has complete control over their property, and the ownership in the property is not defeasible, what interest does the person have in the property? A. fee conditional estate B. fee simple estate C. live estate D. defeasible fee estate - ANSWER-B. fee simple estate Which of the following is the difference between the value of a property and the total amount of liens against the property?