Học Thi Real Estate License ở California: Legal Descriptions, Methods of Acquiring Title, Deeds, Estates, and Methods of Holding Title (Part 2) 1. A person having an interest as community property may not: sell his or her half-interest to another both a and b will that interest to another neither a nor b None Hint 2. A man dies testate, leaving a wife and one child. His estate is distributed: in accordance with his will to his heirs by right of representation one - half to his wife and one - half to his child one - third to his wife and two - thirds to his child None 3. Joint tenancy: involves only personal property involves only real property is a single estate is an inheritable estate None Hint 4. A reservation in a deed: none of these is a retention of an interest creates a fee simple voids the deed None 5. Mabel and Edgar have three children. They have $100,000 in community property. Edgar dies intestate (without a will). Each of the children receives: 1/3 1/3 of the remaining 2/3 interest nothing 1/5 None Hint 6. Which of the following is true regarding an estate in real estate? more than one estate can exist as to one property at the same time it is always forever it must vest immediately it must be the result of a deed None Hint 7. Quitclaim deeds convey: none of these only easements any interest the grantor has after-acquired title None Hint 8. After buying property and receiving a recorded deed, the buyer and the seller decide to rescind the deal. The buyer should: give a new grant deed to the original seller return the deed in exchange for the consideration give a deed of reconveyance file a cancellation None Hint 9. Chang and Jerome, both signle men, wish to take title together with undivided equal interests without the right of survivorship. The granting clause in the deed would read: Chang, a single man, and Jerome, a single man, as tenants in common Chang, a single man, and Jerome, a single man, as community property Chang, a single man, and Jerome, a single man, in severalty Chang, a single man, and Jerome, a single man, as joint tenants None 10. The person making an acknowledgment on a deed would be: the purchaser the maker a notary public the recorder None Hint 11. Ramon sells property to Kate, with the provision in the deed that if the property were ever used as a tavern, it would revert to Ramon. This would be best described as a: condition precedent condition subsequent restriction covenant None Hint 12. A disadvantage of joint tenancy is that: once established, it cannot be brokern even if all of the owners wish to end it interest passes free of debts of the deceased an interest can be transferred without the knowledge or approval of other joint tenants it avoids probate None Hint 13. A valid deed requires: witnesses acknowledgment recording a clear description of the property None Hint 14. A brother and sister hold land as joint tenants. The sister conveys one-half of her interest to her husband. the brother, sister, and her husband are joint tenants none of these is true all are tenants in common the brother and sister are joint tenants and the husbands is a tenant in common None Hint 15. In accordance with her deceased husband's will, Roberta can collect the rents from an apartment house for her life-time, after which the apartment house goes to their church. Roberta has a: tenancy at will fee simple life estate periodic tenancy None Hint 16. To be recorded, a deed must have: the signature of the grantee a recitation of consideration a seal a name and address where tax bills are to be sent None 17. It is normally best to have: a life estate none of these an estate for years a fee simple None Hint 18. A brother and sister would never hold property as: joint tenants community property tenants in partnership tenants in common None Hint 19. Which of the following cannot be a "less than freehold" estate? an estate at sufferance a life estate an estate for years a periodic tenancy None Hint 20. Country Records show that Dave owns a property. Bill deeds that property to Carl. Bill's deed is considered: voidable an alteration a forgery a wild document None Hint 21. A sells a property to B that A does not own. A later acquires title to the property. Who has title? A but B has a lien the state by escheat B A without a lien None Hint 22. An exception in the grant deed: excludes part of the property from the grant is the same as a reservation voids the deed none of these None 23. Property can not be held in joint tenancy by: brothers and sisters corporations more than three people nonrelated parties None Hint 24. The most important requirement of adverse possession is: some claim of title actual physical possession five years' use by one party all of these are equally important None 25. Alfonso and Boyd, both single men, inherit a farm as joint tenants. They each later marry. Alfonso dies without a will, leaving a wife and three children. What happens to his interest? Alfonso's wife and children are jtenants in common with Boyd Alfonso's wife and children do not get the farm Alfonso's wife and children are tenants in common Alfonso's wife and children are joint tenants None Hint 26. Which of the following is not a requirement of a formal will? a signature an acknowledgment witnesses none of these None Hint 27. Stan gives a life estate to Carter. Stan's retained interest is: leasehold remainder reversionary personal property None Hint 28. As to an acknowledgment to a deed, which of the following is true? the notary must keep a record of identification of the person acknowledging the deed it may not be notarized by the grantee all of these the notary must have a seal None 29. A country recorder must keep: a documentary tax stamp ledger an adequate index system a phonetic index microfilm records None Hint 30. A corporation seal on a deed: can be affixed only by the corporate treasurer must be notarized is evidence that the person signing for the corporation has authority to sign is required by law None 31. A recorded deed: gives constructive notice must have been acknowledged all of these creates a presumption of delivery None 32. By will, a spouse may dispose of: a joint-tenancy interest both a and b all of the community property a tenancy-in-common interest None Hint 33. When the word "fee" is used in connection with real estate, it means: a charge for conveyance the price of land a commission an estate of inheritance None 34. A property in probate is appraised at $96,000. At auction the highest bid is $90,000. For the court to consider any other offer, it would have to be at least: $100,000.00 $99,000.00 $95,000.00 $90,0000.01 None Hint 35. Under a tenancy in common interests must be equal a tenant can sell his or her interest without consent of other tenants there is a right of survivorship none of these None Hint 36. A husband and wife own Greenacres as community property. The husband dies, leaving a will specifying that all his interest goes to his son. How would title be held? the wife and son own Greenacres as community property the wife and son own Greenacres as joint tenants the wife and son own Greenacres as tenants in common the wife gets all of Greenacres, since communtiy property passes to the surviving spouse. None 37. A valid deed must have certain requirements, but it need not: name the grantee contain an adequate description have two competent parties have the signature of the grantor None Hint 38. A husband alone, without his wife's consent, may: give away community property buy real estate sell community property sell household furniture None Hint 39. Tom leases to John for 20 years. Two years later Tom dies. John discovers that Tom had a life estate. the lease is still valid for 18 years the lease is terminated the owner now has a reversionary interest the owner now has a remainder interest None Hint 40. A deed transfer title at the time of: signing recording acknowledgment delivery None 41. Alicia deeds a property to Bud. The deed is never recorded. How can Bud transfer title back to Alicia? destroy the deed. write "canceled" across the face of the deed, sign and date it, then return it to Alicia none of these. hand the deed backs as a reconveyance None Hint 42. A gift deed may be voided by: debtors of the grantor creditors of the grantors the grantor none of these None Hint 43. The W 1/2 of the SE 1/4 of the SW 1/4 of the NW 1/4 of a section contains: 20 acres 2 1/2 acres 10 acres 5 acres None 44. Which of the following does not have to be recorded to have effect? a mechanic's lien a judgment a homestead declaration a grant deed None Hint 45. The only one of four unities required for joint tenancy that is also required for tenancy in common is: ownership possession time interest None Hint 46. Conrad gives a deed to Fiona with the following instructions: Fiona should return the deed on demand, but if Conrad dies, the Fiona should give the deed to Conrad's son. The problem is one of: recording delivery acceptance acknowledgment None Hint 47. In taking an offer from a corporate representative, a broker should be sure to check the representative's authority. This would be found most likely in the: corporation bylaws Business and Professions Code state Corporation Code corporation charter None Hint 48. A deed is recored and indexed: by location all of these by recording day and time by grantor and grantee names alphabetically None 49. Elaine acquires property by accession. Most likely she got the property by: adverse use accretion grant deed eminent domain None Hint 50. Which of the following pairs of terms do not match? tenancy in common and undivided interest estate for years and freehold estate fee simple and perpetuity joint tenancy and right of survivorship None Hint
