100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Superior School of Real Estate Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A $10.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. Superior School Of Real Estate
  4.  
  5. Superior School of Real Estate

Exam (elaborations)

Superior School of Real Estate Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A

 5 views  0 purchase
  • Course
  • Superior School of Real Estate
  • Institution
  • Superior School Of Real Estate

Superior School of Real Estate Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Three joint tenants with rights of survivorship own a parcel of land. One owner sells his interest to a long-time friend. After the conveyance, the remaining original owners...

[Show more]

Preview 4 out of 52  pages

Document information

  • November 11, 2024
  • 52
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • superior school of real estate
  • superior school of real estate final exam
  • superior school of real estate exam latest update
  • regarding title recordation which of the followin
  • three joint tenants with ri

Written for

  • Superior School of Real Estate
  • Superior School of Real Estate

Seller

avatar-seller
nurse_steph

Reviews received

Content preview

SuperiorlSchoolloflReallEstatelExaml(Latestl
Update)lQuestionslandlVerifiedlAnswers|l
100%lCorrect|lGradelAl

Q:lThreeljointltenantslwithlrightsloflsurvivorshiplownlalparcelloflland.lOnelownerlsellslhislint
erestltolallong-timelfriend.lAfterlthelconveyance,lthelremainingloriginallowners:

A.lbecomeltenantslinlcommonlwithleachlother
B.lbecomeltenantslinlcommonlwithleachlotherlandlthelnewestlowner
C.lbecomeljointltenantslwithlthelnewestlowner
D.lremainljointltenantslwithleachlotherl


Answer:
D.lremainljointltenantslwithleachlother




Q:lThelownerloflalcondominiumlunitllearnslthatlalneighborlhaslfailedltolpaylhislcondominiu
mlassociationldues.lIflthelneighborldoeslNOTlpayltheldues:

A.lallienlcanlbelfiledlagainstlthelcondominiumlcomplex
B.lallienlcanlbelfiledlagainstlthelneighbor'slunit
C.lallienlcanlonlylbelfiledlagainstlthelcommonlareasloflthelcondominium
D.ltheltaxinglauthoritylcanlorderlthelcondominiumlbeldissolvedl


Answer:
B.lallienlcanlbelfiledlagainstlthelneighbor'slunit




Q:lThelseveraltylownerloflalparcellofllandlsellslit.lThelbuyerlinsistslthatlthelowner'slwifelalsol
signltheldeed.lThelpurposeloflobtaininglthelwife'slsignaturelislto:
l
A.lterminatelanylrightslthelwifelmaylhavelinlthelproperty
B.ldefeatlanylcurtseylrights
C.lprovidelevidencelthatlthelownerlislmarried

,D.lsubordinatelthelwife'slsignatureltolthelbuyerl


Answer:
A.lterminatelanylrightslthelwifelmaylhavelinlthelproperty




Q:lVondalLeelandlWilliamlpurchasedlalhomeltogetherlinl2003lwithltheldeedlsimplyllistinglbo
thloflthemlasl"grantees"lwithoutlspecifyinglhowltheylwereltolholdltitle.lTheylmarriedleachlothe
rlinlearlyl2004.lHowldoltheylnowllikelylholdltitleltolthelhouselpurchasedlinl2003lifltheylhaveln
otlmadelanylotherladjustmentsltoltheirldeed?

A.ltenancylbylthelentirety
B.ltenancylinlseveralty
C.ljointltenancy
D.ltenancylinlcommonl


Answer:
D.ltenancylinlcommon




Q:lWhichloflthelfollowinglstatementslisltrue?lI.lAllifelestatelislalfreeholdlestate.lII.lItlislpossi
bleltolhavelalfreeholdlestatelandlalnon-freeholdlestatelonlthelsamelpropertylatlthelsameltime.

A.lIlonly
B.lIIlonly
C.lBothlIlandlII
D.lNeitherlIlnorlIIl


Answer:
C.lBothlIlandlII




Q:lWhichloflthelfollowinglwouldlbelconsideredlreallproperty?lI.lElectricallswitchlplatelcovers
lII.lGasllogslattachedltolalfireplace
l
A.lIlonly

,B.lIIlonly
C.lBothlIlandlII
D.lNeitherlIlnorlIIl


Answer:
C.lBothlIlandlII




Q:lJason'slpropertylisladjacentltolalnavigablelriverlinlNorthlCarolinalandlJasonlwantsltolselllh
islproperty.lWhichloflthelfollowinglstatementslisltrue?

A.lJasonlcanlrestrictlthelpubliclfromlusinglthatlportionloflthelriverlthatlislnextltolhislproperty
B.lAnlownerlcanlselllthelpropertylandlretainlhislrightsltolaccesslthelriverloncelitlislsold
C.lJason'sllandlendslatlthelcenterloflthelwaterway
D.lIflJasonlobtainslproperlpermitslandlbuildslaldocklonlthelriver,ltheldocklwilllautomaticallylbe
comelownedlbylthelpublicl


Answer:
B.lAnlownerlcanlselllthelpropertylandlretainlhislrightsltolaccesslthelriverloncelitlislsold




Q:lThelownerlofltwolacreslofllandlsoldlonelacrelbutlretainedlanlappurtenantleasementloverlth
atllandlforlingresslandlegressltolhislretainedllot.lThelretainedllot:
l
A.lisltheldominantltenement
B.lserveslaslthelservientltenement
C.lcanlbelclearedlofltheleasementlwhenlitlislsoldltolalthirdlparty
D.lislsubjectltolanleasementlinlgrossl


Answer:
A.lisltheldominantltenement




Q:lWhichloflthelfollowingllienslgenerallylholdslfirstlpriority?
A.lmortgagellien

, B.lpurchaselmoneyllien
C.ladlvaloremlreallestateltaxllien
lD.lfederallincomeltaxllienl


Answer:
C.ladlvaloremlreallestateltaxllien




Q:lTitleltolreallestatelpasseslwhenlalvalidldeedlis:
l
A.lsignedlandlrecorded
B.lsigned,ldeliveredlandlaccepted
C.lfiledlandlmicrofilmed
D.lexecutedlandlmailedl


Answer:
B.lsigned,ldeliveredlandlaccepted




Q:lWhichloflthelfollowinglislanlessentiallelementloflalvalidlNorthlCarolinaldeed?
A.lalseal
B.lrecordation
C.lthelsignatureloflthelgrantee
D.lwordsloflconveyancel


Answer:
D.lwordsloflconveyance




Q:lRegardingltitlelrecordation,lwhichloflthelfollowinglstatement(s)lis/areltrue?ll.lPhysicallylta
kinglpossessionloflthelpropertylislconstructivelnotice.lll.lPubliclnoticeloflrecordingldocumentsli
slactuallnotice.

A.lllonly
B.llllonly

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller nurse_steph. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $10.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$10.99
  • (0)
  Add to cart