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Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Pass £12.13
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Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Pass

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Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Pass A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - b. bill o...

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  • December 30, 2024
  • 118
  • 2024/2025
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Rockwell Exam Real Estate Classes
WA Final Exam 1 Questions and
Answers 100% Pass

A buyer purchases a rental home that is fully furnished. The document used to transfer

title to the furniture is:


a. quitclaim deed


b. bill of sale


c. special warranty deed


d. general warranty deed - ✔✔b. bill of sale




Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to

personal property.


Ben receives a life estate in a property, with his nephew Will designated as the

remainderman. When Ben dies, what kind of interest does Will receive?


A. Fee Simple Estate


B. Life Estate


Katelyn Whitman© 2025, All Rights Reserved.

, 2|Page


C. Remainder Interest


D. Reversionary Interest - ✔✔A. Fee Simple Estate




The interest that passes to a designated person upon the death of a life tenant (or other

measuring life) is a fee simple estate. Will has a remainder interest only up until the

moment Ben dies. Once Ben is dead, Will's interest immediately becomes a fee simple

interest.


A buyer accepts a general warranty deed from a seller, believing that the seller is the

sole owner of the property. The buyer later finds out that the seller is only a co-owner.

Has a covenant in the general warranty deed been violated?


A. No, the only covenant in a general warranty deed promises that the previous owner

didn't encumber the property


B. No, the principle of caveat emptor controls matters concerning a deed


C. Yes, there is a covenant providing equitable title


D. Yes, there is a covenant providing marketable title - ✔✔D. Yes, there is a covenant

providing marketable title




Katelyn Whitman© 2025, All Rights Reserved.

, 3|Page


The general warranty deed contains a covenant of the right to convey, meaning that the

grantor either has title to the interest or is an agent of the owner with the authority to

transfer the interest.


A plaintiff files a lawsuit involving a property and also files a separate document

intended to provide notice of the lawsuit. This recorded notice of a pending legal action

is called a/ an:


A. Abstract of judgement


B. Petition for alienation


C. Writ of execution


D. Lis Pendens - ✔✔D. Lis Pendens




A Lis Pendens is a recorded notice stating that there is a lawsuit pending that may affect

title to the defendant's real estate and that could bind the purchaser of the property.


A movie theater was built ten years ago. If the neighborhood is now zoned entirely

residential, the movie theater:


A. will have to be torn down


B. must be remodeled to better conform to the neighborhood's intended use


C. will be allowed to continue if the owner obtains a conditional use permit




Katelyn Whitman© 2025, All Rights Reserved.

, 4|Page


D. will be allowed to continue since it was built before the new zoning law went into

effect - ✔✔D. Will be allowed to continue since it was built before the new zoning law

went into effect




The movie theater is an example of a nonconforming use, which predated a zoning

change. Nonconforming uses are generally allowed to continue, although they may not

be enlarged, or resumed if they are stopped.


In a bilateral contract:


A. a duty wil be performed by only one party


B. one party can restrict the performance of another party


C. two parties have exchanged promises, and both parties are obligated to perform


D. all parties have fully performed their duties - ✔✔C. two parties have exchanged

promises, and both parties are obligated to perform




In a bilateral contract, two parties have exchanged promises and both parties are

obligated to perform. (Bi=two way)


Gerald engages a licensee to list his property and find a buyer for it. In this context, the

licensee is acting as a:


A. General agent


Katelyn Whitman© 2025, All Rights Reserved.

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