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CA State Certified Appraiser Legal Things
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Subject
:
certifications
Instructions:
Answer 50 questions in 15 minutes.
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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. 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.
Police power and eminent domain
Zone A
Express easement
Deed recordation
2. 'X' leased his property to 'Y' - who in turn sub-leased the property to 'Z'. Which of the following Statements is true.
Floating easement
Taxation
Lot and Block
The Landlord will receive his payments from Y the Lessee
3. If a property tax rate is 1.7% of assessed value - what would the mill rate be?
The Landlord will receive his payments from Y the Lessee
Reliction
Floating easement
17
4. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
17
17.5
Economic forces
Deed recordation
5. If a owner has a partial ownership or a lease for a specified amount of time - this would be called a...
Special warrantee deeds
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Reliction
Time share
6. Reclamation is defined as...
easement appurtenant
Any method for bringing wasted natural resources into productive use
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
The Landlord will receive his payments from Y the Lessee
7. The right of a government or its agent to expropriate private property for public use - with payment of compensation.
The Landlord will receive his payments from Y the Lessee
Eminent domain
Pud
Encroachment
8. A loan that would be secured by the real property is called...
Time share
Mortgage
easement appurtenant
Lease
9. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
Deed recordation
Joint Tenants
Deed recordation
17
10. What is the term that means 'going to the state'?
Escheat
Taxation
Lease
Lot and Block
11. A lien that would usually take priority would be which of the following: Judgement - Real estate Tax - Mechanics Lien - Mortgage?
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Real estate
Real estate Tax
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
12. What is the method of legal description that is used in subdivisions?
Legal forces
Time share
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Lot and Block
13. Which of the following major forces of influence on real estate value covers supply and demand of housing?
Police power
Eminent domain
Pud
Economic forces
14. 'runs with the land' - easement that generally transfers automatically when the dominant estate is transferred.
Joint Tenants
easement appurtenant
Avulsion
Public utility and Both the City and County governments
15. Which of the following can use the right of Eminent Domain?
Mortgage
Deed recordation
Real estate
Public utility and Both the City and County governments
16. Which is the superior lien?: First Mortgage - IRS Tax Lien - merchants lien - Real estate Taxes
does not give constructive notice
Quitclaim deed
Eminent domain
Real estate Taxes
17. (Legal interest)The right to remove something from another's land such as minerals etc. is commonly called...
Profit
Real estate Taxes
Accredition
Renewal option
18. When a lease is created - the appropriate term for the owner's benefit is...
Zone A
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
Leased fee
Public utility and Both the City and County governments
19. Which of the following would be included in the 'public limitations on real estate ownership'?
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Tenants in common
Express easement
Police power and eminent domain
20. 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.
The Contractor puts a voluntary Lien on the home
Police power
Tenants in common
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
21. When the government regulates the land use for the good of the public - this is called...
Mortgage
Police power
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Profit
22. Which of the following is a zoning classification for a subdivision that sets density limits and allows dwellings to be clustered?
Taxation
Reliction
Pud
Police power and eminent domain
23. Public limitations on free exercise of private property are...
Express easement
Taxation - Eminent domain and Police power
Leasehold
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
24. 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
Real estate
Profit
Quitclaim deed
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
25. 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
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Reliction
Taxation
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
26. In site analysis - an appraiser needs a deed description to determine...
The types and density of land use - the present and future use of land - and the frontage and size of building
Taxation - Eminent domain and Police power
Lot and Block
Boundaries
27. When the government has the right to levy taxes on real property this is called...
Any method for bringing wasted natural resources into productive use
Taxation
Public utility and Both the City and County governments
Tax Description
28. 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
Tenants in common
Public utility and Both the City and County governments
Express easement
does not give constructive notice
29. 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...
Police power and eminent domain
17.5
Deed recordation
Encroachment
30. The Smith's converted their garage into an apartment for an elderly relative without government approval. This would be an example of...
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Special warrantee deeds
Time share
Illegal use
31. 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?
Co-op
17
Leasehold
Real estate Taxes
32. In the term 'Metes and Bounds' - what does the word 'Bounds' mean?
Direction
Taxation - Eminent domain and Police power
Special warrantee deeds
Encroachment
33. Which is the superior lien?
Special warrantee deeds
Real estate Taxes
Taxation
Escheat
34. A mortgage that has not been recorded or registered in the county in which the real estate is located...
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
does not give constructive notice
17
Real estate Tax
35. Which of the following best describes installment or land contract?
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
Eminent domain
The Contractor puts a voluntary Lien on the home
Real estate
36. 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 ___
Mortgage
Deed
Direction
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
37. 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
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Reliction
Escheat
38. One source of data for use in the comparable sales approach - is deed recordings. Which of the following is/are true?
Police power
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Deed recordation
Deed recordation
39. 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
Deed recordation
17
Renewal option
Taxation
40. In which flood hazard boundary map is the greatest hazard?
Deed
Express easement
Zone A
Real estate Taxes
41. (an) Esement defined in general terms - without a definite location or description
Dominant tenement
Avulsion
Floating easement
The types and density of land use - the present and future use of land - and the frontage and size of building
42. Zoning regulations are concerned with...
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
The types and density of land use - the present and future use of land - and the frontage and size of building
Legal forces
Taxation - Eminent domain and Police power
43. For the past several years - high waters have been dumping substantial amounts of soil onto Doug's property. This event is known as...
Accredition
Special warrantee deeds
17.5
Public utility and Both the City and County governments
44. When a lease is created - the appropriate term for the tenant's benefit is...
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Leasehold
Quitclaim deed
Boundaries
45. Which of the following major forces of influence on real estate value covers zoning?
Police power and eminent domain
Legal forces
Encroachment
The Landlord will receive his payments from Y the Lessee
46. When any interest possessed by the grantor is conveyed to the grantee - without any warranties this is called...
easement appurtenant
Quitclaim deed
Deed
Direction
47. 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
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Floating easement
Avulsion
Accredition
48. 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.
Legal forces
Avulsion
Co-op
Pud
49. Land that benefits from an easement on another property...
Profit
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Dominant tenement
Real estate Taxes
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 ___
Lease
Time share
Tax Description
Lot and Block
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