ASREB National Test A-3 Questions and Answers 100% Verified
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Course
ASREB
Institution
ASREB
ASREB National Test A-3 Questions and Answers 100%
Verified
When a person receives real estate through a will, this is called:
Demise
Bequest
Devise
Legacy Answer-Devise
A quit claim deed would do which of the following:
Remove a cloud on a title
Deny the spouse an interest
Verify the tax...
ASREB National Test A-3 Questions and Answers 100%
Verified
When a person receives real estate through a will, this is called:
Demise
Bequest
Devise
Legacy Answer-Devise
A quit claim deed would do which of the following:
Remove a cloud on a title
Deny the spouse an interest
Verify the tax liability
Establish a homestead Answer-Remove the cloud on title
Which type of deed would have three promises and two warranties:
Special warranty
General warranty
Bargain and sale
Quit claim Answer-General warranty
When a lessee is promised "quiet enjoyment", it means:
No sound would be heard between two walls
The lease will not be terminated if the property is sold
, ASREB National Test A-3 Questions and Answers 100%
Verified
The area would be free of noise
No liens would exist on the property Answer-The lease will not be terminated if the
property is sold
When a document is recorded, what type of notice is given?
Actual
Constructive
Implied
Universal Answer-Constructive
Quiet enjoyment is best described as a covenant in a
Bill of Sale
Not
Tax lien
Deed Answer-Deed
An abstract of title is best described as
Quiet title suit
Certificate of sale
History of title
Adverse title Answer-History of title
, ASREB National Test A-3 Questions and Answers 100%
Verified
In order to have a valid deed, the final step is:
Legal consideration
Signatures
Delivery
Acknowledgment Answer-Delivery
The following is a type of Bargain and Sale deed
Sheriff's deed
Special warranty deed
Certificate of sale
Disclaimer deed Answer-Sheriff's deed
Who must sign a deed?
Grantor
Grantee
Grantor, Grantee, Broker
Escrow officer Answer-Grantor
Who is covered by an ALTA policy?
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