ASREB National Test A-3 Questions and Answers Already Passed

ASREB National Test A-3 Questions and Answers Already Passed A buyer sees a worn path across the property he is interested in buying. The buyer should be concerned about: Easement in gross Easement by prescription Condemnation Police Power Easement by prescription A chronological summary of title is called Deed report Abstract of title ATLA policy Title insurance report Abstract of title A clause in a deed which specifies the degree of property conveyed is called: Defeasance Habendum Acknowledgment Consideration clause Habendum A covenant against encumbrances insures against all of the following EXCEPT: Zoning to restrict the use of property Loans on the property Encumbrances and encroachments Recorded easements Zoning to restrict the use of property A deed does not guarantee against which of the following? Quiet enjoyment Zoning laws Liens and encumbrances Property description Zoning laws A deed is in escrow and signed by the grantor who dies before the close of escrow. What is the status of the deed? Void Unenforceable Valid Intestate Valid A demising clause would be found in which document Will Mortgage Deed Lease Lease A gift deed would best be described as: Like for like kind