Detailed Solutions.
Terms in this set (142)
Which of the following is c. a judgement lien
NOT a specific lien? a. an
unrecorded mortgage
b. a mechanic's lien
c. a judgement lien
d. a blanket mortgage
Which of the following is c. homestead right
NOT an encumbrance on
real property? a. lease
b. easement
c. homestead right
d. restrictive convenant
Which of the following is d. trade fixtures
NOT an appurtenance? a.
easement right
b. mineral right
c. water rights
d. trade fixtures
The physical a. indestructibility
characteristics of land
include:
a. indestructibility
b. homogeneity
c. improvements
d. supply
,Which of the following c. prohibits use for anything other than single-family dwellings
restrictive covenants is
MOST likely to be
enforceable?
a. prohibits sales to
blacks
b. prohibits resales for
20years
c. prohibits use
foranything other than
single-family dwellings
d. absolutely prohibits
anyresales
What would a landlocked c. an easement by necessity
property owner MOST likely
ask the court for? a. an
easement by prescription
b. an easement in gross
c. an easement
bynecessity
d. an adverse
possessionof servant
tenement
Restrictive covenants are d. legal action by other owners
enforced by:
a. the district attorney
b. the lender
c. the
planningcommission
d. legal action by other
owners
,Mary is interested in a parcel c. first recorded
of real estate owned by
Kathy. Mary has a title report
that shows the property is
encumbered by several liens.
The lien with the highest
priority is the lien: a. of
lowest amount
b. of highest amount
c. first recorded
d. first in date
A metes and bounds c. commence and finish at the same identifiable point
description MUST:
a. cover an area
largerthan 10 acres
b. be in areas not
includedin the rectangular
survey system
c. commence and finish
atthe same identifiable point
d. always use north as the
basis for directions
Which of the following is b. free of encumbrances
NOT a characteristic of a
fee simple estate?
a. indefinite durations
b. free of encumbrances
c. transferable with
orwithout consideration
d. transferable by will
orinterstate succession
, A valid deed does NOT a. signature of the grantee
require a:
a. signature of the
grantee
b. statement
ofconsideration
c. legal description of
theproperty
d. grantor with
legalcapacity
"To have and to hold" a. habendem clause
MOST likely would be
included in a(n):
a. habendem clause
b. alienation clause
c. mortgage
d. legal description
A seller who will only defend b. special warranty deed
the title he is giving against
others who claim an interest
through or under him would
give a: a. general warranty
deed
b. special warranty deed
c. bargain and sale deed
d. quitclaim deed
Title is transferred by deed at a. of delivery and acceptance
the time:
a. of delivery
andacceptance
b. the deed is executed
c. of recording
d. stated within the
deed