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Test your basic knowledge |
CA State Certified Appraiser Legal Things
Start Test
Study First
Subject
:
certifications
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. ______ are warranties by the grantor and the grantor's heirs to defend against all claims caused by the actions or omissions of the grantor or grantor's heirs.
Any method for bringing wasted natural resources into productive use
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
Taxation - Eminent domain and Police power
Special warrantee deeds
2. What is the term that means 'going to the state'?
Escheat
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Economic forces
Time share
3. Which of the following is a zoning classification for a subdivision that sets density limits and allows dwellings to be clustered?
Reliction
Taxation - Eminent domain and Police power
Pud
Real estate Taxes
4. immobile - heterogeneous and has long asset life?
Real estate
Tenants in common
Quitclaim deed
The Contractor puts a voluntary Lien on the home
5. Noun: The action of pulling or tearing away. The sudden separation of land from one property and its attachment to another - esp. by flooding or a change in the course of a river.
Avulsion
Deed
Escheat
Public utility and Both the City and County governments
6. When the government has the right to levy taxes on real property this is called...
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
Taxation
Express easement
The Contractor puts a voluntary Lien on the home
7. Albert is selling is house and has been informed that a potential buyer has submitted an offer that includes his clothes washer and furniture in the sale. Albert accepted the offer without addendum. Which of the following best describes the actions o
Eminent domain
17
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Zone A
8. Zoning regulations are concerned with...
Avulsion
Joint Tenants
The types and density of land use - the present and future use of land - and the frontage and size of building
Real estate Tax
9. (an) Esement defined in general terms - without a definite location or description
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Floating easement
The Contractor puts a voluntary Lien on the home
Taxation
10. Alfred and James wrote up a lease agreement that would give Alfred (the tenant) the right to extend the lease when it expires. Although Alfred is not obligated to extend the lease - if the option is exercised - the payment amount and the length of th
Renewal option
Lease
Leasehold
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
11. A lien that would usually take priority would be which of the following: Judgement - Real estate Tax - Mechanics Lien - Mortgage?
Leasehold
Economic forces
Real estate Tax
Accredition
12. River Real Estate Tycoons just purchased an office property next to the Wafflesnake Bayou. Because the office property lacked sufficient parking - they contacted the Bayou Burger Joint next door who agreed to an easement allowing them use of seven sp
Profit
The types and density of land use - the present and future use of land - and the frontage and size of building
Economic forces
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
13. 'X' leased his property to 'Y' - who in turn sub-leased the property to 'Z'. Which of the following Statements is true.
Avulsion
Express easement
Legal forces
The Landlord will receive his payments from Y the Lessee
14. Which is the superior lien?
Floating easement
Quitclaim deed
Real estate Taxes
Boundaries
15. When a corporation owns a building and the residents of the building own stock in the corporation - this is called what form of special ownership?
Real estate Taxes
Economic forces
Real estate
Co-op
16. Which of the following can use the right of Eminent Domain?
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
Mortgage
Special warrantee deeds
Public utility and Both the City and County governments
17. (Legal interest)The right to remove something from another's land such as minerals etc. is commonly called...
17
Police power
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Profit
18. Arnold bought a summer home on the shore of Eagle Bear Lake five years ago. Over the years - the water has receded and left his dock permanently surrounded by dry land. What is this an example of?
Accredition
Reliction
Mortgage
Real estate Taxes
19. Which of the following major forces of influence on real estate value covers supply and demand of housing?
Mortgage
Economic forces
Renewal option
Eminent domain
20. Which of the following major forces of influence on real estate value covers zoning?
Avulsion
Legal forces
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
21. River Real Estate Tycoons just purchased an office property next to the Wafflesnake Bayou. Because the office property lacked sufficient parking - they contacted the Bayou Burger Joint next door who agreed to an easement allowing them use of seven sp
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Accredition
Leasehold
Real estate Taxes
22. A loan that would be secured by the real property is called...
Public utility and Both the City and County governments
Any method for bringing wasted natural resources into productive use
Accredition
Mortgage
23. Land that benefits from an easement on another property...
The Landlord will receive his payments from Y the Lessee
Boundaries
Dominant tenement
Escheat
24. One source of data for use in the comparable sales approach - is deed recordings. Which of the following is/are true?
Dominant tenement
Mortgage
Quitclaim deed
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
25. this easement may be 'granted' or 'reserved' in a deed or other legal instrument. Alternatively - it may be incorporated by reference to a subdivision plan by 'dedication' - or in a restrictive covenant in the agreement of an owners association.
The Contractor puts a voluntary Lien on the home
Boundaries
Express easement
Economic forces
26. The right of a government or its agent to expropriate private property for public use - with payment of compensation.
Lease
Eminent domain
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
17
27. 'runs with the land' - easement that generally transfers automatically when the dominant estate is transferred.
easement appurtenant
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Eminent domain
Leased fee
28. When a lease is created - the appropriate term for the owner's benefit is...
Tenants in common
The types and density of land use - the present and future use of land - and the frontage and size of building
17.5
Leased fee
29. When the government regulates the land use for the good of the public - this is called...
Co-op
Police power
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Real estate Tax
30. The document that states all the real property interests or estate interest that includes all the information about surface rights and subsurface rights etc. is called the ___
Zone A
Deed
Floating easement
Renewal option
31. For the past several years - high waters have been dumping substantial amounts of soil onto Doug's property. This event is known as...
Accredition
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Lease
Time share
32. Public limitations on free exercise of private property are...
Taxation - Eminent domain and Police power
Dominant tenement
Deed recordation
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
33. If 'FRED' built his new home - but his large kitchen extended past his property line and into is neighbor's property this would be called an...
Profit
does not give constructive notice
Deed recordation
Encroachment
34. When any interest possessed by the grantor is conveyed to the grantee - without any warranties this is called...
Quitclaim deed
Special warrantee deeds
Real estate
Real estate Tax
35. Which of the following would be included in the 'public limitations on real estate ownership'?
Illegal use
Police power and eminent domain
Zone A
Public utility and Both the City and County governments
36. In which flood hazard boundary map is the greatest hazard?
Reliction
Tax Description
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Zone A
37. The Smith's converted their garage into an apartment for an elderly relative without government approval. This would be an example of...
Encroachment
The Landlord will receive his payments from Y the Lessee
Illegal use
Eminent domain
38. Which of the following would not be considered a commonly accepted form of a 'Legal Description'?
Profit
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Boundaries
Tax Description
39. If a property had more than one owner and each owner has equal right to possession of the property. Upon death of one of the owners the deceased may leave his/her rights to the property to the living heirs - this would be considered what form of owne
The Contractor puts a voluntary Lien on the home
Escheat
Tenants in common
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
40. If a property has more than one owner - and upon death of one of the owners the deceased rights to the property is passed to the surviving owners - this is called...
Reliction
17
Joint Tenants
Avulsion
41. In site analysis - an appraiser needs a deed description to determine...
Deed
Profit
Boundaries
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
42. A mortgage that has not been recorded or registered in the county in which the real estate is located...
does not give constructive notice
easement appurtenant
Dominant tenement
Floating easement
43. Cecil hired a contractor to repair a sinking foundation. Unfortunately for the contractor - Cecil failed to pay for the completed work. Which of the following would incorrectly describe the likely events.
Any method for bringing wasted natural resources into productive use
Zone A
The Contractor puts a voluntary Lien on the home
Leasehold
44. In area analysis - some examples of political-governmental factors which influence the price of homes are...
Time share
Real estate Tax
17
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
45. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
The Landlord will receive his payments from Y the Lessee
Dominant tenement
Zone A
Deed recordation
46. Which is the superior lien?: First Mortgage - IRS Tax Lien - merchants lien - Real estate Taxes
The types and density of land use - the present and future use of land - and the frontage and size of building
Real estate Taxes
Direction
Time share
47. Which of the following best describes installment or land contract?
Escheat
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
Police power
Floating easement
48. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
Time share
Deed recordation
The Landlord will receive his payments from Y the Lessee
Any method for bringing wasted natural resources into productive use
49. What is the method of legal description that is used in subdivisions?
Renewal option
Lot and Block
17
Express easement
50. The document that states all the rights of use and the occupancy of the property for a given period of time and a given amount of rent is called ___
Zone A
Lease
Pud
Deed recordation