EXAM COMPLETE 400 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) ALREADY GRADED A+ BRAND
NEW!!
_____ are claims that the government is obligated to enforced. Derived from the Constitution -
CORRECT ANSWER: rights
_____ is a person or entity conveying real property - CORRECT ANSWER: grantor
_____ is a special written contract for conveying a permanent interest in real property -
CORRECT ANSWER: deed
_____ is any set of rights in real property - CORRECT ANSWER: interest
_____ is the widow's claim - CORRECT ANSWER: dower
_____ is the widower's claim - CORRECT ANSWER: curtesy
_____ property is a complex bundle of rights - CORRECT ANSWER: real
_____ property is rights in land and its permanent structures (surface of the earth and
improvements, air, beneath the earth) - CORRECT ANSWER: real
_____ rights are freedoms that are guaranteed by the Constitution; Supreme Court interprets the
constitution - CORRECT ANSWER: personal
,_____ warranty deed has all three covenants (seized, no encumbrances, and quiet enjoyment) -
CORRECT ANSWER: general
______ are legally binding promises - CORRECT ANSWER: covenants
______ involves automatic 1/3 estate for surviving spouse in real property of a descendent
spouse. applies to all real property ever owned during the marriage - CORRECT ANSWER:
dower/curtesy
______ is a real property interest that includes the right of exclusive possession - CORRECT
ANSWER: estate
______ is a sequence of direct distances- compass direct "walking around property." establishing
point of beginning essential - CORRECT ANSWER: metes and bounds
______ is similar to an easement in gross but conveys permission rather than the right -
CORRECT ANSWER: license
______ is the recipient of real property - CORRECT ANSWER: grantee
______ liens arise from events unrelated to the property - court awarded damages, federal tax
liens - CORRECT ANSWER: general
______ liens arise from ownership and use of the property - mortgages, mechanics' liens,
property tax or assessment liens - CORRECT ANSWER: specific
______ most recent title conveyance (deed) being a minimum number of years old - CORRECT
ANSWER: root of title
,______ property includes personal and household goods, intellectual property, and music -
CORRECT ANSWER: personal
______ rights involve exclusive possession, involve enjoyment of the use of benefit, and have
the freedom to dispose as one pleases - CORRECT ANSWER: property
______ warranty deed has all three covenants but "no encumbrances" are limited to grantor's
ownership - CORRECT ANSWER: special warranty
_______ activities are Products or services provided to the outside world (most manufacturing;
higher education and research, advanced health care) - CORRECT ANSWER: export
_______ contract must be written to be enforceable - CORRECT ANSWER: statute of frauds
_______ deed: no covenants and makes no assertions about grantor's interest - CORRECT
ANSWER: quitclaim
_______ easements in gross have rights that are limited to one user - recipient cannot extend
access to others but can convey access to others - CORRECT ANSWER: nonexclusive
_______ is confirmation that grantor acted voluntarily; must be notarized and may require
witnesses - CORRECT ANSWER: acknowledgement
_______ is legal procedure for exercising the right of eminent domain - CORRECT ANSWER:
condemnation
_______ is observable, verifiable intent that deed is to be given to grantor - CORRECT
ANSWER: delivery
_______ is real property that formerly was personal property - CORRECT ANSWER: fixture
, _______ is the modern substitute for dower - CORRECT ANSWER: elective share
_______ is the right of government to acquire private land, without the owner's consent, for
public use, with due process and just compensation - CORRECT ANSWER: eminent domain
_______ is where a corporation owns property and each owner holds shares and a proprietary
lease - cannot mortgage individual interests and owners are mutually liable for any specific liens
- CORRECT ANSWER: cooperative
_______ is where the surviving spouse receives up to one third of all decedent's personal
property and in-state real property; must be chosen by explicit "election" within specified time -
CORRECT ANSWER: elective share
_______ property is where 1/2 interest in all property acquired "out of the fruits of marriage" -
not property owned before the marriage, not gifts or inheritances to one spouse - CORRECT
ANSWER: community property
________ are activities that bring income into a city - CORRECT ANSWER: economic base
________ cannot be bound by what you cannot know - CORRECT ANSWER: doctrine of
constructive notice
________ combines single ownership and tenancy in common, created through declaration,
bylaws define owner rights (share of all obligations, restrictions on sale or rental, methods of
altering bylaws) creates additional level of private government - CORRECT ANSWER:
condominium
________ easement in gross conveys all rights of the easement - recipient can convey access to
others - CORRECT ANSWER: exclusive