GEORGIA REAL ESTATE FINAL TEST BANK
WITH 100 PERCENT ACCURATE QUESTIONS
AND FULLY VERIFIED SOLUTIONS
◉ adverse possession. Answer: the person must prove that
possession was; actual, hostile(without the owners permission),
open(obivious and visible to the rightful owner), notorious(so that
the public could observe the control being exercised over the land by
the occupant), exclusive(not shared with anyone else, certainly not
with the owner), continuous(uninterrupted pattern for the statutory
required period)
◉ tacking. Answer: in order for the unauthorized occupancy to add
up to the required years, one person might add their time to that of a
previous occupant by a process called
◉ codicil. Answer: an amendment or a modification to a will can be
affected by
◉ habendum clause. Answer: which of the following is not required
for; a valid and enforceable conveyance of title by deed?
◉ forfeiture of title. Answer: a fee simple determinable estate is
conditioned upon thee occurrence or non-occurrence of a certain
event.
,Failure to abide by the condition will result in an automatic loss of
ownership by an operation of law. ownership will automatically
terminate and revert the original grantor or the grantor's heirs.
◉ voluntary alienation. Answer: a transfer of title with the owner's
consent
◉ patent. Answer: is the document used when the government
conveys land to a private individual.
◉ genuine assent. Answer: means the person making the will was
doing it freely and not due to fraud, misrepresentation, menace or
undue influence
◉ attestation. Answer: is when the witnesses sign the will
◉ reservation clause. Answer: the grantor is conveying a property,
but reserving a life estate for him or herself, or is conveying some
frontage land, but reserving an easement(portion) of access to
another parcel, the deed will contain
◉ covenant against encumbrances. Answer: is a promise that there
are no encumbrances(liens, restrictions, encroachments,
easements)
,◉ covenant of warranty forever. Answer: obligates the grantor to
compensate the grantee for any loss suffered in defending the title
against anyone asserting a rightful claim to the property from any
time in the past,
◉ covenant of further or future assurances. Answer: obligates the
grantor to produce any documents that might be needed to perfect
the title. (correction deed; deed of reformation)
◉ general warranty deed. Answer: guarantees good title to the
property, protection is assured by expressed or implied covenants.
provides the grantee will obtain the title even if the grantor does not
actually possess title at the time of closing but acquires it later
◉ special warranty deed(limited warranty deed). Answer: title
under the same covenants as found in the general warranty deed,
except for the warranty forever, it only protects against defects
arising while the grantor owned the property. Corporations usually
use this type of deed
◉ fructus naturales. Answer: those grown naturally and requiring no
annual cultivation; are considered to be real property
◉ fructus industriales. Answer: emblements; crops that are planted and
harvested each year
, ◉ improvements. Answer: any product of human planning or labor that
is affixed to the land with the intent of being permanent
◉ percolating water. Answer: underground water that is not confined to
a specific waterway
◉ water table. Answer: the level at which percolating water is found
◉ riparian rights. Answer: concern those properties that border a river or
stream and the owner has the right to use the water for such things as
swimming, boating or fishing. rights are not exclusive because the rights
of other owners whose properties border the same waterway must be
respected
◉ correlative rights. Answer: allows the owner only a reasonable share
of the water during times of short supply
◉ prior appropriation. Answer: the right to use is secured by a permit
◉ navigable waters. Answer: rivers and oceans used for commercial
shipping and are identified on government survey maps
WITH 100 PERCENT ACCURATE QUESTIONS
AND FULLY VERIFIED SOLUTIONS
◉ adverse possession. Answer: the person must prove that
possession was; actual, hostile(without the owners permission),
open(obivious and visible to the rightful owner), notorious(so that
the public could observe the control being exercised over the land by
the occupant), exclusive(not shared with anyone else, certainly not
with the owner), continuous(uninterrupted pattern for the statutory
required period)
◉ tacking. Answer: in order for the unauthorized occupancy to add
up to the required years, one person might add their time to that of a
previous occupant by a process called
◉ codicil. Answer: an amendment or a modification to a will can be
affected by
◉ habendum clause. Answer: which of the following is not required
for; a valid and enforceable conveyance of title by deed?
◉ forfeiture of title. Answer: a fee simple determinable estate is
conditioned upon thee occurrence or non-occurrence of a certain
event.
,Failure to abide by the condition will result in an automatic loss of
ownership by an operation of law. ownership will automatically
terminate and revert the original grantor or the grantor's heirs.
◉ voluntary alienation. Answer: a transfer of title with the owner's
consent
◉ patent. Answer: is the document used when the government
conveys land to a private individual.
◉ genuine assent. Answer: means the person making the will was
doing it freely and not due to fraud, misrepresentation, menace or
undue influence
◉ attestation. Answer: is when the witnesses sign the will
◉ reservation clause. Answer: the grantor is conveying a property,
but reserving a life estate for him or herself, or is conveying some
frontage land, but reserving an easement(portion) of access to
another parcel, the deed will contain
◉ covenant against encumbrances. Answer: is a promise that there
are no encumbrances(liens, restrictions, encroachments,
easements)
,◉ covenant of warranty forever. Answer: obligates the grantor to
compensate the grantee for any loss suffered in defending the title
against anyone asserting a rightful claim to the property from any
time in the past,
◉ covenant of further or future assurances. Answer: obligates the
grantor to produce any documents that might be needed to perfect
the title. (correction deed; deed of reformation)
◉ general warranty deed. Answer: guarantees good title to the
property, protection is assured by expressed or implied covenants.
provides the grantee will obtain the title even if the grantor does not
actually possess title at the time of closing but acquires it later
◉ special warranty deed(limited warranty deed). Answer: title
under the same covenants as found in the general warranty deed,
except for the warranty forever, it only protects against defects
arising while the grantor owned the property. Corporations usually
use this type of deed
◉ fructus naturales. Answer: those grown naturally and requiring no
annual cultivation; are considered to be real property
◉ fructus industriales. Answer: emblements; crops that are planted and
harvested each year
, ◉ improvements. Answer: any product of human planning or labor that
is affixed to the land with the intent of being permanent
◉ percolating water. Answer: underground water that is not confined to
a specific waterway
◉ water table. Answer: the level at which percolating water is found
◉ riparian rights. Answer: concern those properties that border a river or
stream and the owner has the right to use the water for such things as
swimming, boating or fishing. rights are not exclusive because the rights
of other owners whose properties border the same waterway must be
respected
◉ correlative rights. Answer: allows the owner only a reasonable share
of the water during times of short supply
◉ prior appropriation. Answer: the right to use is secured by a permit
◉ navigable waters. Answer: rivers and oceans used for commercial
shipping and are identified on government survey maps
