Học Thi Real Estate License ở California: Legal Descriptions, Methods of Acquiring Title, Deeds, Estates, and Methods of Holding Title (Part 2) 1. A gift deed may be voided by: none of these the grantor debtors of the grantor creditors of the grantors None Hint 2. The only one of four unities required for joint tenancy that is also required for tenancy in common is: ownership possession interest time None Hint 3. Which of the following is true regarding an estate in real estate? it must be the result of a deed it must vest immediately more than one estate can exist as to one property at the same time it is always forever None Hint 4. A brother and sister hold land as joint tenants. The sister conveys one-half of her interest to her husband. the brother and sister are joint tenants and the husbands is a tenant in common the brother, sister, and her husband are joint tenants none of these is true all are tenants in common None Hint 5. Stan gives a life estate to Carter. Stan's retained interest is: reversionary personal property leasehold remainder None Hint 6. 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 7. 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 in accordance with his will to his heirs by right of representation one - half to his wife and one - half to his child None 8. Elaine acquires property by accession. Most likely she got the property by: grant deed accretion adverse use eminent domain None Hint 9. Which of the following does not have to be recorded to have effect? a homestead declaration a grant deed a mechanic's lien a judgment None Hint 10. An exception in the grant deed: is the same as a reservation excludes part of the property from the grant voids the deed none of these None 11. 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 are tenants in common Alfonso's wife and children do not get the farm Alfonso's wife and children are joint tenants None Hint 12. A valid deed must have certain requirements, but it need not: have two competent parties contain an adequate description have the signature of the grantor name the grantee None Hint 13. Quitclaim deeds convey: any interest the grantor has only easements after-acquired title none of these None Hint 14. Alicia deeds a property to Bud. The deed is never recorded. How can Bud transfer title back to Alicia? destroy the deed. hand the deed backs as a reconveyance none of these. write "canceled" across the face of the deed, sign and date it, then return it to Alicia None Hint 15. 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 16. A corporation seal on a deed: is evidence that the person signing for the corporation has authority to sign can be affixed only by the corporate treasurer is required by law must be notarized None 17. To be recorded, a deed must have: the signature of the grantee a name and address where tax bills are to be sent a seal a recitation of consideration None 18. A country recorder must keep: a phonetic index an adequate index system a documentary tax stamp ledger microfilm records None Hint 19. 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: $90,0000.01 $99,000.00 $95,000.00 $100,000.00 None Hint 20. By will, a spouse may dispose of: both a and b all of the community property a joint-tenancy interest a tenancy-in-common interest None Hint 21. A person having an interest as community property may not: both a and b neither a nor b will that interest to another sell his or her half-interest to another None Hint 22. 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: covenant condition precedent condition subsequent restriction None Hint 23. The W 1/2 of the SE 1/4 of the SW 1/4 of the NW 1/4 of a section contains: 10 acres 20 acres 5 acres 2 1/2 acres None 24. 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: acceptance delivery acknowledgment recording None Hint 25. As to an acknowledgment to a deed, which of the following is true? it may not be notarized by the grantee all of these the notary must have a seal the notary must keep a record of identification of the person acknowledging the deed None 26. A valid deed requires: witnesses a clear description of the property acknowledgment recording None Hint 27. 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 28. The most important requirement of adverse possession is: actual physical possession all of these are equally important some claim of title five years' use by one party None 29. Which of the following is not a requirement of a formal will? none of these witnesses a signature an acknowledgment None Hint 30. Property can not be held in joint tenancy by: nonrelated parties more than three people brothers and sisters corporations None Hint 31. A deed transfer title at the time of: acknowledgment delivery recording signing None 32. Joint tenancy: is an inheritable estate involves only real property is a single estate involves only personal property None Hint 33. A husband alone, without his wife's consent, may: give away community property sell community property sell household furniture buy real estate None Hint 34. The person making an acknowledgment on a deed would be: the recorder a notary public the purchaser the maker None Hint 35. A deed is recored and indexed: by recording day and time all of these by grantor and grantee names alphabetically by location None 36. A disadvantage of joint tenancy is that: it avoids probate interest passes free of debts of the deceased 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 None Hint 37. When the word "fee" is used in connection with real estate, it means: an estate of inheritance the price of land a charge for conveyance a commission None 38. After buying property and receiving a recorded deed, the buyer and the seller decide to rescind the deal. The buyer should: file a cancellation give a new grant deed to the original seller return the deed in exchange for the consideration give a deed of reconveyance None Hint 39. 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 community property Chang, a single man, and Jerome, a single man, as joint tenants Chang, a single man, and Jerome, a single man, as tenants in common Chang, a single man, and Jerome, a single man, in severalty None 40. A sells a property to B that A does not own. A later acquires title to the property. Who has title? the state by escheat A without a lien B A but B has a lien None Hint 41. A recorded deed: creates a presumption of delivery gives constructive notice all of these must have been acknowledged None 42. Under a tenancy in common a tenant can sell his or her interest without consent of other tenants interests must be equal none of these there is a right of survivorship None Hint 43. 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 owner now has a remainder interest the lease is terminated the owner now has a reversionary interest None Hint 44. A brother and sister would never hold property as: tenants in partnership joint tenants community property tenants in common None Hint 45. A reservation in a deed: creates a fee simple is a retention of an interest none of these voids the deed None 46. 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 charter Business and Professions Code state Corporation Code corporation bylaws None Hint 47. It is normally best to have: an estate for years a fee simple none of these a life estate None Hint 48. 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: periodic tenancy life estate tenancy at will fee simple None Hint 49. Which of the following cannot be a "less than freehold" estate? an estate for years a life estate an estate at sufferance a periodic tenancy None Hint 50. Country Records show that Dave owns a property. Bill deeds that property to Carl. Bill's deed is considered: an alteration a forgery a wild document voidable None Hint
