Washington real estate fundamentals
Exam Questions and Answers (100% Correct
Answers) Already Graded A+
QUESTIONS AND ANSWERS
Sometimes personal property is referred to as that which is immovable T/F. ANSWER -
False
The rights and privileges associated with land ownership are considered part of the real
property T/F. ANSWER -True
When the property is sold, everything considered part of the real property is transferred to
the buyer, unless otherwise agreed T/F. ANSWER -True
A landowner cannot sell any of the bundle of rights separately from the land T/F.
ANSWER -False
The only component of the real property is the land T/F. ANSWER -False
Mineral rights associated with real property are always. ANSWER -separable and divisible
Rights of way, easements, and water rights are classified as. ANSWER -Appurtenances
To establish _____ water rights, one must apply to the state government for a permit.
ANSWER -Appropriative
The support received by a parcel of land from the property adjoining it is called ___
support. ANSWER -Riparian
Water beneath the surface of the earth is called ___ water. ANSWER -Ground
,Property that is bordered by a lake rather than a river or stream is called. ANSWER -
Littoral
The support provided to the surface by the underlying earth is called ___ support.
ANSWER -Subjacent
Alienation. ANSWER -is a general term that refers to all of the different methods by which
real property can be transferred from one person to another.
When title to property is lost but the property boundaries remain the same, it is:
Select your answer below:
A. acceleration
B. accretion
C. alienation
D. avulsion. ANSWER -C. alienation
What is the most common method of voluntary alienation?
It is also the document a private landowner uses to transfer real property to someone else.
ANSWER -Deed
In a deed, the property owner is called the ______.. ANSWER -grantor
The person the owner is transferring the property to is called the ______.. ANSWER -
grantee
,The transfer of real property from the grantor to the grantee by means of a deed is referred
to as a _____.. ANSWER -conveyance
A _____ is the document used to transfer title to personal property from a seller to a
buyer.. ANSWER -bill of sale
What is the most common type of deed?
They are often referred to simply as warranty deeds.. ANSWER -general warranty deed
With a general warranty deed, the grantor gives the grantee guarantees or warranties
about the status of the title to the property.
What are these warranties known as?. ANSWER -covenants
What are the 5 basic covenants of a general warranty deed?. ANSWER -Seisin, Right to
convey, against encumbrances, quiet enjoyment, warranty
With the covenant of ____, the grantor promises that she actually owns the interest that
the deed is conveying to the grantee.. ANSWER -seisin
With the covenant of ____, the grantor promises that she has the right to convey the
interest in question to the grantee.. ANSWER -right to convey
With the covenant ____, the grantor promises that there are no easements, liens, or other
encumbrances against the title that have not been disclosed to the grantee.. ANSWER -
against encumbrances
The covenant of ____ is a promise that the grantee's possession of the property will not be
disturbed by the lawful claims of any third parties.. ANSWER -quiet enjoyment
In the covenant of ____, the grantor promises to defend the grantee's title against any
claims superior to the grantee's that exist at the time of conveyance.. ANSWER -warranty
, A buyer received a general warranty deed when she took title to a property. The seller's
cousin showed up several months later and claimed an ownership interest in the property.
The buyer would be protected against this claim by the general warranty deed's:
Select your answer below:
A. covenant against encumbrances
B. covenant of hostile enjoyment
C. covenant of seisin
D. covenant of freehold warranty. ANSWER -C. covenant of seisin
A buyer accepts a general warranty deed from a seller, believing that the seller is the sole
owner of the property. The buyer later finds out that the seller is only a co-owner. Has a
covenant in the general warranty deed been violated?
Select your answer below:
A. No, the only covenant in a general warranty deed promises that the previous owner
didn't encumber the property
B. No, the principle of caveat emptor controls matters concerning a deed
C. Yes, there is a covenant providing equitable title
D. Yes, there is a covenant providing marketable title. ANSWER -D. Yes, there is a
covenant providing marketable title
A general warranty deed contains several covenants. Which one is not included?
Select your answer below:
A. Covenant of quiet enjoyment
Exam Questions and Answers (100% Correct
Answers) Already Graded A+
QUESTIONS AND ANSWERS
Sometimes personal property is referred to as that which is immovable T/F. ANSWER -
False
The rights and privileges associated with land ownership are considered part of the real
property T/F. ANSWER -True
When the property is sold, everything considered part of the real property is transferred to
the buyer, unless otherwise agreed T/F. ANSWER -True
A landowner cannot sell any of the bundle of rights separately from the land T/F.
ANSWER -False
The only component of the real property is the land T/F. ANSWER -False
Mineral rights associated with real property are always. ANSWER -separable and divisible
Rights of way, easements, and water rights are classified as. ANSWER -Appurtenances
To establish _____ water rights, one must apply to the state government for a permit.
ANSWER -Appropriative
The support received by a parcel of land from the property adjoining it is called ___
support. ANSWER -Riparian
Water beneath the surface of the earth is called ___ water. ANSWER -Ground
,Property that is bordered by a lake rather than a river or stream is called. ANSWER -
Littoral
The support provided to the surface by the underlying earth is called ___ support.
ANSWER -Subjacent
Alienation. ANSWER -is a general term that refers to all of the different methods by which
real property can be transferred from one person to another.
When title to property is lost but the property boundaries remain the same, it is:
Select your answer below:
A. acceleration
B. accretion
C. alienation
D. avulsion. ANSWER -C. alienation
What is the most common method of voluntary alienation?
It is also the document a private landowner uses to transfer real property to someone else.
ANSWER -Deed
In a deed, the property owner is called the ______.. ANSWER -grantor
The person the owner is transferring the property to is called the ______.. ANSWER -
grantee
,The transfer of real property from the grantor to the grantee by means of a deed is referred
to as a _____.. ANSWER -conveyance
A _____ is the document used to transfer title to personal property from a seller to a
buyer.. ANSWER -bill of sale
What is the most common type of deed?
They are often referred to simply as warranty deeds.. ANSWER -general warranty deed
With a general warranty deed, the grantor gives the grantee guarantees or warranties
about the status of the title to the property.
What are these warranties known as?. ANSWER -covenants
What are the 5 basic covenants of a general warranty deed?. ANSWER -Seisin, Right to
convey, against encumbrances, quiet enjoyment, warranty
With the covenant of ____, the grantor promises that she actually owns the interest that
the deed is conveying to the grantee.. ANSWER -seisin
With the covenant of ____, the grantor promises that she has the right to convey the
interest in question to the grantee.. ANSWER -right to convey
With the covenant ____, the grantor promises that there are no easements, liens, or other
encumbrances against the title that have not been disclosed to the grantee.. ANSWER -
against encumbrances
The covenant of ____ is a promise that the grantee's possession of the property will not be
disturbed by the lawful claims of any third parties.. ANSWER -quiet enjoyment
In the covenant of ____, the grantor promises to defend the grantee's title against any
claims superior to the grantee's that exist at the time of conveyance.. ANSWER -warranty
, A buyer received a general warranty deed when she took title to a property. The seller's
cousin showed up several months later and claimed an ownership interest in the property.
The buyer would be protected against this claim by the general warranty deed's:
Select your answer below:
A. covenant against encumbrances
B. covenant of hostile enjoyment
C. covenant of seisin
D. covenant of freehold warranty. ANSWER -C. covenant of seisin
A buyer accepts a general warranty deed from a seller, believing that the seller is the sole
owner of the property. The buyer later finds out that the seller is only a co-owner. Has a
covenant in the general warranty deed been violated?
Select your answer below:
A. No, the only covenant in a general warranty deed promises that the previous owner
didn't encumber the property
B. No, the principle of caveat emptor controls matters concerning a deed
C. Yes, there is a covenant providing equitable title
D. Yes, there is a covenant providing marketable title. ANSWER -D. Yes, there is a
covenant providing marketable title
A general warranty deed contains several covenants. Which one is not included?
Select your answer below:
A. Covenant of quiet enjoyment
