Home » Downloads » real property real property real property Question 1.1. The law of real property in general is governed by the law of the state in which the owner of the real property resides. (Points : 5) True False Question 2.2. A corporate seller should provide the purchaser with a corporate resolution. (Points : 5) True False Question 3.3. Deeds are generally signed only by the grantee. (Points : 5) True False Question 4.4. Township lines are lines which run at 6-mile intervals north and south parallel with meridians. (Points : 5) True False Question 5.5. A township square is 20 miles square. (Points : 5) True False Question 6.6. There is an implied warranty of title in all real property transfers. (Points : 5) True False Question 7.7. Property taxes for the current year are generally prorated under a contract. (Points : 5) True False Question 8.8. Generally speaking, a land lot and district designation would be used in a government rectangular survey description. (Points : 5) True False Question 9.9. It is possible in a tenancy in common that the owners may hold unequal shares in the property. (Points : 5) True False Question 10.10. Since the law does not favor the free right to transfer of ownership, the law will approve almost any restraint on an owner’s right to transfer ownership of property. (Points : 5) True False Question 11.11. Schedule A of a title insurance policy contains a list of exceptions to coverage. (Points : 5) True False Question 12.12. A grantee index enables an examiner to build a chain of title from the present to the past. (Points : 5) True False Question 13.13. Principal meridians runs east and west. (Points : 5) True False Question 14.14. Tenancy in common can be created by deed or will. (Points : 5) True False Question 15.15. A judgment that has been recorded in the public records becomes a lien on all property of the judgment debtor owned at the time of recording as well as any future property acquired by the debtor. (Points : 5) True False Question 16.16. One of the key objectives when reviewing a survey is to determine if the survey description of the property matches the description contained in the deed to the property. (Points : 5) True False Question 17.17. A prescriptive easement once created is perpetual. (Points : 5) True False Question 18.18. The covenant of seisin is a present covenant. (Points : 5) True False Question 19.19. A sequence of subsequent owners to a particular parcel of property, beginning with the original owner and moving through all successive owners to the current owner, is known as a “chain of title.” (Points : 5) True False Question 20.20. Notes are often transferred by the makers of the note. (Points : 5) True False Question 21.21. Each section of a township square contains 640 acres. (Points : 5) True False Question 22.22. A loan commitment will always state the amount of the loan. (Points : 5) True False Question 23.23. Incapacity of the maker is not a defense to a holder in due course. (Points : 5) True False Question 24.24. An unqualified endorsement contains no warranties. (Points : 5) True False Question 25.25. A life estate may be for life of a person other than the owner. (Points : 5) True False Question 26.26. An easement may only be granted by the owner of real property on which the easement is located. (Points : 5) True False Question 27.27. A determination as to whether property is located in a flood hazard zone is made by the title examiner. (Points : 5) True False Question 28.28. The grantee of an appurtenant easement is the owner of the real property benefited by the easement. (Points : 5) True False Question 29.29. A common owner cannot waive his or her right to partition. (Points : 5) True False Question 30.30. A loan policy of title insurance does not insure access to and from the land. (Points : 5) True False Question 31.31. Base lines run east and west. (Points : 5) True False Question 32.32. An easement that is created for the benefit of a particular tract of land is called an appurtenant easement. (Points : 5) True False Question 33.33. The main document to review in order to prepare a sale closing checklist is the real estate contract. (Points : 5) True False Question 34.34. Generally speaking, a land lot and district designation would not be found in a government rectangular survey system. (Points : 5) True False Question 35.35. The proper recording in the public records of a real property mortgage will put subsequent purchasers on constructive notice of the mortgage. (Points : 5) True False Question 36.36. An owner of real property usually owns all of the minerals beneath the surface of the land. (Points : 5) True False Question 37.37. Appurtenant easements are transferable. (Points : 5) True False Question 38.38. A township square is 36 miles square. (Points : 5) True False Question 39.39. A foreign person affidavit is signed by the purchaser. (Points : 5) True False Question 40.40. Marketability of title is a legal concept and does not mean that an owner can sell their property. (Points : 5) True False ……………………Answer preview………………. False………………………….. APA 839 words $8.00 – Purchase Checkout Added to cart
