Ga Real Estate Exam - Real Estate Practice Test Questions and Correct Verified Answers

Top Mark Questions and Correct Verified Answers



Ga Real Estate Exam - Real Estate
Practice Test Questions and Correct
Verified Answers
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


✓ 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


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



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, Top Mark Questions and Correct Verified Answers

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


✓ 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?




A. investment


B. basis


C. down payment


D. equity


✓ D. equity



A metes-and-bounds legal description:




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