1|Page
GPCU 530 EXAM NEWEST 2025/2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED||
Which one of the following is an incidental real property right
arising from the possession or ownership of land?
Select one:
A. A trust deed held as an indenture
B. Rights to lateral and subjacent support
C. An easement created by prescription
D. A mechanic's lien held by a contractor - ANSWER-B. Rights to
lateral and subjacent support
Which one of the following is considered a fixture?
Select one:
A. Wallpaper
B. A free standing cabinet owned by a tenant
C. A framed painting on canvas hung on a wall
D. A door - ANSWER-D. A door
,2|Page
A gift requires which one of the following elements?
Select one:
A. Donor comment
B. Dominion
C. DeliveryCorrect.
D. Burden of ownership - ANSWER-C. Delivery
Ed sold a cottage to Harlem. When he gave Harlem the deed to
the cottage, Harlem noticed that Ed warranted the cottage was
free of encumbrances and defects in title that might have been
created since the time Ed took possession of the title five years
prior. The type of deed received by Harlem from Ed is a
Select one:
A. Special warranty deed.
B. General warranty deed.
C. Bargain-and-sale deed.
D. Quit-claim deed. - ANSWER-A. Special warranty deed.
,3|Page
Special warranty deeds contain warranties against only those
encumbrances and defects in title that might have been created
since the grantor (Ed) took title.
Siblings Ann, Benny, and Catherine concurrently own and have
an undivided interest in an estate that will transfer in equal shares
to the surviving siblings if one of them dies. If two of them die at
the same time, the remaining sibling will receive the entire estate.
This form of concurrent ownership is a
Select one:
A. Life estate.
B. Tenancy by the entirety.
C. Fee simple estate.
D. Joint tenancy. - ANSWER-D. Joint tenancy.
A periodic tenancy is a
Select one:
A. A landlord-tenant estate in which the tenant has permission to
occupy a premises as a landlord desires.
, 4|Page
B. Involves a tenant who has a lease for a number of years and,
at the expiration of the lease, continues to occupy the premises.
C. Landlord-tenant estate with no fixed termination date and
automatic renewal until one of the parties gives notice of intent to
terminate.
D. A landlord-tenant estate for a definite period. - ANSWER-C.
Landlord-tenant estate with no fixed termination date and
automatic renewal until one of the parties gives notice of intent to
terminate.
Bart agreed to sell property to Paula with a stipulation that he
would not transfer title to the property until Paula had paid at least
90 percent of the purchase price. There was also an option to
enter into a standard mortgage arrangement for the remaining 10
percent. This arrangement is typical of
Select one:
A. Mortgaged property.
B. A land contract.
C. A life estate sale.
D. An indentured trust. - ANSWER-B. A land contract.
GPCU 530 EXAM NEWEST 2025/2026 ACTUAL EXAM WITH
COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (100%
VERIFIED ANSWERS) |ALREADY GRADED A+| ||PROFESSOR
VERIFIED||
Which one of the following is an incidental real property right
arising from the possession or ownership of land?
Select one:
A. A trust deed held as an indenture
B. Rights to lateral and subjacent support
C. An easement created by prescription
D. A mechanic's lien held by a contractor - ANSWER-B. Rights to
lateral and subjacent support
Which one of the following is considered a fixture?
Select one:
A. Wallpaper
B. A free standing cabinet owned by a tenant
C. A framed painting on canvas hung on a wall
D. A door - ANSWER-D. A door
,2|Page
A gift requires which one of the following elements?
Select one:
A. Donor comment
B. Dominion
C. DeliveryCorrect.
D. Burden of ownership - ANSWER-C. Delivery
Ed sold a cottage to Harlem. When he gave Harlem the deed to
the cottage, Harlem noticed that Ed warranted the cottage was
free of encumbrances and defects in title that might have been
created since the time Ed took possession of the title five years
prior. The type of deed received by Harlem from Ed is a
Select one:
A. Special warranty deed.
B. General warranty deed.
C. Bargain-and-sale deed.
D. Quit-claim deed. - ANSWER-A. Special warranty deed.
,3|Page
Special warranty deeds contain warranties against only those
encumbrances and defects in title that might have been created
since the grantor (Ed) took title.
Siblings Ann, Benny, and Catherine concurrently own and have
an undivided interest in an estate that will transfer in equal shares
to the surviving siblings if one of them dies. If two of them die at
the same time, the remaining sibling will receive the entire estate.
This form of concurrent ownership is a
Select one:
A. Life estate.
B. Tenancy by the entirety.
C. Fee simple estate.
D. Joint tenancy. - ANSWER-D. Joint tenancy.
A periodic tenancy is a
Select one:
A. A landlord-tenant estate in which the tenant has permission to
occupy a premises as a landlord desires.
, 4|Page
B. Involves a tenant who has a lease for a number of years and,
at the expiration of the lease, continues to occupy the premises.
C. Landlord-tenant estate with no fixed termination date and
automatic renewal until one of the parties gives notice of intent to
terminate.
D. A landlord-tenant estate for a definite period. - ANSWER-C.
Landlord-tenant estate with no fixed termination date and
automatic renewal until one of the parties gives notice of intent to
terminate.
Bart agreed to sell property to Paula with a stipulation that he
would not transfer title to the property until Paula had paid at least
90 percent of the purchase price. There was also an option to
enter into a standard mortgage arrangement for the remaining 10
percent. This arrangement is typical of
Select one:
A. Mortgaged property.
B. A land contract.
C. A life estate sale.
D. An indentured trust. - ANSWER-B. A land contract.
