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Washington Real Estate Fundamentals Exam Questions with Verified Answers Latest Update 2025 Already Passed

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Écrit en
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Washington Real Estate Fundamentals Exam Questions with Verified Answers Latest Update 2025 Already Passed Sometimes personal property is referred to as that which is immovable T/F - Answers False The rights and privileges associated with land ownership are considered part of the real property T/F - Answers True When the property is sold, everything considered part of the real property is transferred to the buyer, unless otherwise agreed T/F - Answers True A landowner cannot sell any of the bundle of rights separately from the land T/F - Answers False The only component of the real property is the land T/F - Answers False Mineral rights associated with real property are always - Answers separable and divisible Rights of way, easements, and water rights are classified as - Answers Appurtenances To establish _____ water rights, one must apply to the state government for a permit - Answers Appropriative The support received by a parcel of land from the property adjoining it is called ___ support - Answers Riparian Water beneath the surface of the earth is called ___ water - Answers Ground Property that is bordered by a lake rather than a river or stream is called - Answers Littoral The support provided to the surface by the underlying earth is called ___ support - Answers Subjacent Alienation - Answers 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 - Answers 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 - Answers Deed In a deed, the property owner is called the ______. - Answers grantor The person the owner is transferring the property to is called the ______. - Answers grantee The transfer of real property from the grantor to the grantee by means of a deed is referred to as a _____. - Answers conveyance A _____ is the document used to transfer title to personal property from a seller to a buyer. - Answers bill of sale What is the most common type of deed? They are often referred to simply as warranty deeds. - Answers 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? - Answers covenants What are the 5 basic covenants of a general warranty deed? - Answers 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. - Answers seisin With the covenant of ____, the grantor promises that she has the right to convey the interest in question to the grantee. - Answers 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. - Answers 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. - Answers 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. - Answers 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:

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Publié le
10 février 2025
Nombre de pages
53
Écrit en
2024/2025
Type
Examen
Contient
Questions et réponses

Sujets

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Washington Real Estate Fundamentals Exam Questions with Verified Answers Latest Update 2025
Already Passed

Sometimes personal property is referred to as that which is immovable T/F - Answers False

The rights and privileges associated with land ownership are considered part of the real property T/F -
Answers True

When the property is sold, everything considered part of the real property is transferred to the buyer,
unless otherwise agreed T/F - Answers True

A landowner cannot sell any of the bundle of rights separately from the land T/F - Answers False

The only component of the real property is the land T/F - Answers False

Mineral rights associated with real property are always - Answers separable and divisible

Rights of way, easements, and water rights are classified as - Answers Appurtenances

To establish _____ water rights, one must apply to the state government for a permit - Answers
Appropriative

The support received by a parcel of land from the property adjoining it is called ___ support - Answers
Riparian

Water beneath the surface of the earth is called ___ water - Answers Ground

Property that is bordered by a lake rather than a river or stream is called - Answers Littoral

The support provided to the surface by the underlying earth is called ___ support - Answers Subjacent

Alienation - Answers 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 - Answers 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 - Answers
Deed

In a deed, the property owner is called the ______. - Answers grantor

The person the owner is transferring the property to is called the ______. - Answers grantee

The transfer of real property from the grantor to the grantee by means of a deed is referred to as a
_____. - Answers conveyance

A _____ is the document used to transfer title to personal property from a seller to a buyer. - Answers
bill of sale

What is the most common type of deed?

They are often referred to simply as warranty deeds. - Answers 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? - Answers covenants

What are the 5 basic covenants of a general warranty deed? - Answers 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. - Answers seisin

With the covenant of ____, the grantor promises that she has the right to convey the interest in
question to the grantee. - Answers 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. - Answers 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. - Answers 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. - Answers 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 - Answers 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 - Answers 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



B. Covenant of seisin



C. Covenant of warranty



D. Covenant to defend - Answers D. Covenant to defend

To be GUARANTEED of receiving good title at closing, a buyer should obtain a/an:

Select your answer below:



A. installment contract



B. quitclaim deed



C. general warranty deed



D. None of the above - Answers D. None of the above

A buyer is purchasing a parcel of property. She wants to take title in the way that will give her the
greatest protection. The buyer should receive a/an:

Select your answer below:



A. general warranty deed
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