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