Aceable Agent Level Questions & Answers 2023/2024
What is an acre? - ANSWER-Standard unit used to measure the area of land equal to 43,560 feet
Which of the below is TRUE regarding a property's street address? - ANSWER-It is convenient but should not be considered legally adequate
With whi...
Aceable Agent Level Questions &
Answers 2023/2024
What is an acre? - ANSWER-Standard unit used to measure the area of land equal to 43,560 feet
Which of the below is TRUE regarding a property's street address? - ANSWER-It is convenient but should
not be considered legally adequate
With which type of land description does a surveyor indicate direction in degrees, minutes, and seconds?
- ANSWER-metes and bounds
Which of the following terms refers to a surveyor's or developer's map that identifies lots and blocks? -
ANSWER-plat
What is a benchmark? - ANSWER-a permanent marker of known location and elevation above sea level
as established by the government survey team (such as the USGS)
What is a parallel? - ANSWER-a line of latitude
Which survey system uses longitude and latitude lines to map property boundaries? - ANSWER-the
rectangular survey system
If a rectangular lot has an area of 20,500 sq. ft. and a depth of 200 ft., what is the frontage of the lot? -
ANSWER-102.5 ft
Which legal description will likely include the phrase "point of beginning"? - ANSWER-metes and bounds
The Garcias' backyard is in the shape of a right triangle, with a height of 120 feet and a base of 50 feet.
What is the area of the Garcias' backyard in square yards, rounded to the nearest whole number? -
ANSWER-333 sq. yards
(3,000 sq. ft/9)
,A rectangular living room has the dimensions of 15 ft. x 22 ft. What is the area of the living room? -
ANSWER-330 sq. ft.
A 20-acre area is equal to how many square feet? - ANSWER-871,200 sq. ft.
Derek paid $5.41 per square foot for a property with dimensions of 200 ft. by 250 ft. What was the full
price Derek paid for the property? - ANSWER-$270,500
What is a monument? - ANSWER-a fixed landmark, whether natural or man made, used as a reference
point in a metes and bounds legal description
Which of the following is a portion of a legal description? - ANSWER-lot number
A 2,100 sq. ft. house is sold for $400,000. Rounded to the nearest cent, what is the cost per square foot?
- ANSWER-$190.48
A lot that is 43,560 sq. ft. is how many acres? - ANSWER-one
What is a datum? - ANSWER-a designated base reference point to elevation used by surveyors to
determine the elevations of land or property in an area
Logan wants to give his friend permission to camp on his property but also wants to be able to withdraw
this permission at any time and not obligate any future owners to allow camping. What should Logan
do? - ANSWER-grant his friend a license to camp on his property
Who must comply with restrictive covenants? - ANSWER-buyers of lots within residential subdivisions
In Georgia, how long does a mechanic's lien last before either expiring or being enforced with a
foreclosure suit? - ANSWER-1 year
,Frank has recently been notified that the house next to his property has been purchased. As the
property is landlocked, the new neighbor has been granted the right to build a driveway through the
back of Frank's land. What type of encumbrance is this? - ANSWER-an easement
John and Mariah got a home together and later divorced. Mariah kept the house and is now trying to sell
it. The buyer will want clear title to the property. How can this be achieved? - ANSWER-John can sign a
quitclaim deed, terminating his claim to the property
Jordan is selling Aimee his home. Aimee puts down $80,000 of the $130,000 purchase price. Instead of
taking out a loan, Jordan has agreed to let Aimee pay the remaining $50,000 to him in installments.
What kind of lien is Jordan likely to have on the home until it is fully paid for? - ANSWER-vendor's lien
What is the purpose of a lis pendens notice? - ANSWER-to inform the public that a lawsuit is pending on
a piece of property
What is a type of easement by implication that occurs when the dominant tenement could not be used
without an easement, even without a longstanding, apparent use? - ANSWER-easement by necessity
John has an easement appurtenant that allows him to cross Sally's land. Sally is selling her property.
When Sally's property sells, John will: - ANSWER-not have a problem as easements run with the land
What is the most important difference between an easement by prescription and adverse possession? -
ANSWER-easement by prescription grants use of a property, adverse possession grants ownership
What is a document recorded at the courthouse giving notice that a lawsuit is pending on a particular
piece of property? - ANSWER-lis pendens
When must a mechanic's lien be filed? - ANSWER-within 90 days of the completion of labor
Which of these best describes a scenario that would lead to a mechanic's lien? - ANSWER-a worker has
not been paid for work done on a property
, Which of these statements about mortgage liens is true? - ANSWER-mortgage lenders want to have the
most senior lien (other than tax liens)
If a property owner wants to make sure there isn't an encroachment on their property, they should
consult: - ANSWER-the survey
Which of these statements most accurately reflects how lien priority works (after tax liens are settled)? -
ANSWER-first in time is first in line
What is a negative easement that prevents the owner of adjoining land from doing anything that could
block light and air from the dominant tenement? - ANSWER-easement for light and air
Which of the following best exemplifies a deed restriction? - ANSWER-Jenny is not allowed to have a
horse on her property
Which type of easement allows the owner of a landlocked parcel of land to gain access to their
property? - ANSWER-easement by necessity
Kevin has an easement appurtenant that allows him to cross Cassie's property to get to his own property.
If Cassie sells her property, what happens to Kevin's easement? - ANSWER-Nothing because the
easement runs with the land
A subdivision includes covenants, conditions, and restrictions in the deeds for all properties. One
covenant bans domiciling barnyard animals even though city laws permit it. A resident builds a chicken
coop in his backyard to raise chickens. Do the neighbors have any recourse to have them removed? -
ANSWER-Yes, when city and private restrictions overlap, the stricter of the 2 is applied
John gave Peter the right to fish on John's property until John passes away. What type of easement is this
an example of? - ANSWER-easement in gross
Which of these statements most accurately reflects how deed restrictions are connected to a property? -
ANSWER-they run with the land
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