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Ga Real Estate Exam - Real Estate Practice Test 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

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Ga Real Estate Exam - Real Estate Practice Test 2024 Questions and Answers 2024 / 2025 (Verified Answers by Expert)

Institution
Georgia Real Estate
Course
Georgia Real Estate









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Institution
Georgia Real Estate
Course
Georgia Real Estate

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Uploaded on
August 9, 2024
Number of pages
12
Written in
2024/2025
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Ga Real Estate Exam - Real Estate Practice Test.pdf file:///C:/Users/HP/Desktop/TYPA%20NEW/Ga%20Real%20Estate




Ga Real Estate Exam - Real Estate Practice Test



1. 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

ANS C. a fixture



2. 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


1/




1 of 12 8/8/2024, 2:54

,Ga Real Estate Exam - Real Estate Practice Test.pdf file:///C:/Users/HP/Desktop/TYPA%20NEW/Ga%20Real%20Estate




ANS A. to protect the health, safety, and welfare of the community



3. 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

ANS B. fee simple estate



4. Which of the following is the difference between the value of a property and the total

amount of liens against the property?


A. investment

B. basis

C. down payment

D. equity

ANS D. equity
2/




2 of 12 8/8/2024, 2:54

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