LAW OF CONTRACTS EXAM 2025
QUESTIONS AND ANSWERS
A sewer system is NOT - ....ANSWER ...-Included in the descprition of
land
Joint tenancy: - ....ANSWER ...-If one owner dies his share of his interest
passes to surviving owners
Manufactured housing - ....ANSWER ...-Can be considered real property
when proper paperwork is filed
A conveyance deed - ....ANSWER ...-Will transfer permanent fixed objects
attached to a home
An abstract of title is - ....ANSWER ...-A summary of title search
A person who prepares an abstract of title - ....ANSWER ...-Searches the
public records that may affect title summation
When a joint tenant passes away the deceased property transfers to -
....ANSWER ...-Surviving joint tenant
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, Indestructibility is - ....ANSWER ...-A physical characteristic of land
Fee sample ownership, shared walls, and common areas are similar to -
....ANSWER ...-Town-house ownership
A business organization may NOT - ....ANSWER ...-Own property as a
tenancy by the entirety
Police power is an example of a governmental power - ....ANSWER ...-
Example: zoning ordinances
Mortgage liens are - ....ANSWER ...-Voluntary liens
Estates in real property are - ....ANSWER ...-Created by a deed and or a bill
of sale
When real estate taxes are not paid on time a - ....ANSWER ...-Lien will be
filed by the taxing authority
Easements by necessity will be - ....ANSWER ...-Granted based on a
landowner cannot be landlocked
Accretion is land being acquired by - ....ANSWER ...-Deposits from a river
and or stream
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
QUESTIONS AND ANSWERS
A sewer system is NOT - ....ANSWER ...-Included in the descprition of
land
Joint tenancy: - ....ANSWER ...-If one owner dies his share of his interest
passes to surviving owners
Manufactured housing - ....ANSWER ...-Can be considered real property
when proper paperwork is filed
A conveyance deed - ....ANSWER ...-Will transfer permanent fixed objects
attached to a home
An abstract of title is - ....ANSWER ...-A summary of title search
A person who prepares an abstract of title - ....ANSWER ...-Searches the
public records that may affect title summation
When a joint tenant passes away the deceased property transfers to -
....ANSWER ...-Surviving joint tenant
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
, Indestructibility is - ....ANSWER ...-A physical characteristic of land
Fee sample ownership, shared walls, and common areas are similar to -
....ANSWER ...-Town-house ownership
A business organization may NOT - ....ANSWER ...-Own property as a
tenancy by the entirety
Police power is an example of a governmental power - ....ANSWER ...-
Example: zoning ordinances
Mortgage liens are - ....ANSWER ...-Voluntary liens
Estates in real property are - ....ANSWER ...-Created by a deed and or a bill
of sale
When real estate taxes are not paid on time a - ....ANSWER ...-Lien will be
filed by the taxing authority
Easements by necessity will be - ....ANSWER ...-Granted based on a
landowner cannot be landlocked
Accretion is land being acquired by - ....ANSWER ...-Deposits from a river
and or stream
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
