NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy Quality Materials
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NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy Quality Materials
Which of these would void a deed intended to convey property?
The grantee is not mentally competent.
The grantee's signature is not acknowledged.
The grantor is not mentally competent.
The transfer includes no monetary con...
NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy
Quality Materials
Which of these would void a deed intended to convey property?
The grantee is not mentally competent.
The grantee's signature is not acknowledged.
The grantor is not mentally competent.
The transfer includes no monetary consideration.
The grantor is not mentally competent.
What is the best description of a deed?
- A covenant
- A document to transfer ownership/interest in real estate
- An abstract of title
- A recording fee
A document to transfer ownership/interest in real estate
Wilma died without a will. How will her heirs be determined?
- A committee appointed by the court
- Intestate bequest
- Intestate succession
- The process of escheat
Intestate succession
Shana received a devise from her mother. What might this be?
- A written message
- Her mother's car
- Her mother's farm
- Her mother's jewelry
Her mother's farm
Your aunt bequeathed you her property in her will, but you never received it.
Instead, the property went to pay her tax bill. Is this legal?
-No, never
-Not if there were other heirs
-Yes, due to operation of law
-Yes, if the will wasn't witnessed
Yes, due to operation of law
What deed warranty guarantees that the seller is the actual owner of the property
being conveyed?
Covenant against encumbrances
Covenant of further assurance
Covenant of quiet enjoyment
Covenant of seisin
Covenant of seisin
In what type of deed would you find the phrase "quits any and all claims to said
premises"?
,Quitclaim deed
Special deed
Special warranty deed
Warranty deed
Quitclaim deed
A legal description can contain ______.
County clerk's name
Developer's name
Metes and bounds
Title abstract
Metes and bounds
Which of these statements accurately represents one of the required elements in
a deed?
The deed includes an act of conveyance.
The grantee must be legally competent.
The grantee must be of legal age.
The grantee must sign the deed and provide consideration.
The deed includes an act of conveyance.
You're trying to locate the northwest corner of a recently surveyed 10-acre
property you will be listing for sale. The deed tells you that this corner is marked
with a monument. What are you looking for?
An iron rod with a surveyor's cap
An "X" painted on the ground
A rock with a surveyor's mark etched in it
A small copper sign labeled "monument"
An iron rod with a surveyor's cap
When a property owner wishes to convey her property to a new owner, she will
generally use a ______.
Deed
Lease
Mortgage
Title abstract
Deed
Elmer died and left a will. Before his estate can be distributed according to his
wishes, it must go through ______.
A lawyer
Devise
Escheat
Probate
Probate
, Meredith died, leaving behind a will. Although her instructions to devise her
property to her daughter were explicit, her husband inherited. Why might this be?
Escheat
Intestate
Testate
The operation of law
The operation of law
A bargain and sale deed may come with or without covenants of warranty. In
most states, if it contains covenants, it is known as a __________.
Covenant warranty deed
Limited warranty deed
Quit claim deed
Special warranty deed
Special warranty deed
A ______ is a method of conveying real property from one party to another.
Deed
Power of attorney
Promissory note
Recordation
Deed
Kevin and Regina sold their property to Vickey using a general warranty deed.
Which of these statements is true?
Either Regina or Kevin can convey the property.
Kevin and Regina are the grantees.
Vickey is the grantee.
Vickey is the grantor.
Vickey is the grantee.
Which of these guarantees is offered by a general warranty deed but not a special
warranty deed?
The property is free of debt or other claims taken on by the grantor during the
ownership period.
The seller is legally allowed to sell the property.
The seller owns the property (title).
The seller will defend against all claims against the property's title.
The seller will defend against all claims against the property's title.
Which of these guarantees is offered by the covenant of quiet enjoyment?
The property is free of debt or other claims taken on by the grantor during the
ownership period.
The seller is legally allowed to sell the property.
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