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