Unit 9 Exam Florida Real Estate
Course Questions with Verified
Answers
A single person dies without a will. After a period of time, the State of Florida obtained
title to the property of the deceased person. What power entitled the state government
to acquire the deceased person's property? - ANSWERSEscheat
A woman has six months remaining on her lease. She assigns two of the remaining
months to another person to use the property while she is on vacation in Europe. What
is this called? - ANSWERSSublease
The mortgagor's title insurance policy is issued for - ANSWERSan amount no greater
than the purchase price and is not transferable
Which type of title insurance policy is transferable? - ANSWERSMortgagee
Which alienation is voluntary? - ANSWERSWill
A business owner has a five-year variable lease. The first year of the lease calls for rent
of $25.50 per square foot based on a beginning index of 188. The index increases to
195 at the beginning of the second year. What is the new rental rate per square foot? -
ANSWERS$26.45
In which type of deed does the grantor warrant to defend the title solely against acts by
the grantor or the grantor's representative? - ANSWERSSpecial Warranty
Requirements for a valid deed do NOT include - ANSWERSsignature of a competent
grantee.
Which restriction is always a public restriction? - ANSWERSeminent domain
Which type of lease is based on income from the tenant business? -
ANSWERSPercentage
Which type of lien is a specific lien? - ANSWERSvendors
A husband and wife have title to a property in both names. Which action is required to
convey the title to the property? - ANSWERSSigned by the husband and wife
Course Questions with Verified
Answers
A single person dies without a will. After a period of time, the State of Florida obtained
title to the property of the deceased person. What power entitled the state government
to acquire the deceased person's property? - ANSWERSEscheat
A woman has six months remaining on her lease. She assigns two of the remaining
months to another person to use the property while she is on vacation in Europe. What
is this called? - ANSWERSSublease
The mortgagor's title insurance policy is issued for - ANSWERSan amount no greater
than the purchase price and is not transferable
Which type of title insurance policy is transferable? - ANSWERSMortgagee
Which alienation is voluntary? - ANSWERSWill
A business owner has a five-year variable lease. The first year of the lease calls for rent
of $25.50 per square foot based on a beginning index of 188. The index increases to
195 at the beginning of the second year. What is the new rental rate per square foot? -
ANSWERS$26.45
In which type of deed does the grantor warrant to defend the title solely against acts by
the grantor or the grantor's representative? - ANSWERSSpecial Warranty
Requirements for a valid deed do NOT include - ANSWERSsignature of a competent
grantee.
Which restriction is always a public restriction? - ANSWERSeminent domain
Which type of lease is based on income from the tenant business? -
ANSWERSPercentage
Which type of lien is a specific lien? - ANSWERSvendors
A husband and wife have title to a property in both names. Which action is required to
convey the title to the property? - ANSWERSSigned by the husband and wife
