questions & answers 2025 latest
update.
Qs
how many married spouses take title to property in GA? - n
Ans✔
as joint tenants or tenants in common
Qs
which of the following is a way in which an easement may be terminated? - n
Ans✔
merger
Qs
the acronym DUST stands for - n
Ans✔
characteristics of value
Qs
If a borrower using a fixed-rate VA loan wants to pay off the loan sooner, the
prepayment penalty is - n
Ans✔
none
Qs
which of the following are the buyers responsibility to furnish at closing? - n
Ans✔
settlement funds and loan commitment
,Qs
Under the American Disability act, an alteration is NOT required by law if - n
Ans✔
the added accessiblity costs are disproportionate to the overall costs of the orginial
alteration
Qs
A partition in kind is accomplished through - n
Ans✔
subdivision of property
Qs
the ______ was enacted because it was not an uncommon occurrence for a borrower
to see loans advertised for rates lower than the borrower actually wound up paying
-n
Ans✔
tila
Qs
An ___ occurs when the parties to the contract declare their intentions in either oral
or writing - n
Ans✔
expressed contract
Qs
Mr. & Mrs. Green own their home by tenants by entirety, without an agreement
with Mrs Green, Mr. Green - n
Ans✔
Do none of the above
Qs
,the division of common interest on concurrently held property is known as - n
Ans✔
partition
Qs
Which of the following is NOT a function of a property manager? - n
Ans✔
building appraisal
Qs
the resale of cooperative sales has traditionally been financed by the means of - n
Ans✔
installment sales agreement
Qs
A person who dies and leaves a valid will is said to have died - n
Ans✔
testate
Qs
which of the following can NOT be terminated by partition? - n
Ans✔
Qs
When an exisiting structure does not conform to a new zoning law, it is
"grandfathered in" as an - n
Ans✔
nonconforming use
, Qs
which of the following is a duty of the real estate agent during closing if he/she
listed the sold the property? - n
Ans✔
Qs
Which of the following is NOT a requirement for a community association managers
license? - n
Ans✔
the applicant must be a college graduate and hold a diploma
Qs
Which of the following is provided by a special assessment? - n
Ans✔
installation of street lights in a neighborhood
Qs
A contract may be discharged by Novation. Novation is - n
Ans✔
the subsitution of a new contract between the same of new parties
Qs
the first step of the _____ is to estimate the current cost of an improvement,
including labor and material - n
Ans✔
cost approach
Qs