Special warranty deed - Study guides, Class notes & Summaries

Superior School of Real Estate Exam| Questions and Verified Answers| 100% Correct| Grade A (Latest 2024/ 2025 Update) Q: Which of the following scenarios best illustrates first substantial contact? Answer: Seller states that she must relocate by the end of the year. Q: Liens, restrictive covenants, easements, and encroachments are all examples of... Answer: Encumbrances. Q: A detached workshop extends over the property line onto the neighboring lot by six inches. T...

Rockwell Exam Real Estate Classes WA Final Exam 1 2024 with complete solution 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 rem...

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 Simpl...

Bob Hogue 2 EXAM Questions and Answers Already Passed What is the primary purpose of a real estate appraisal? - To estimate the fair market value of a property - To assess the structural integrity of a property - To provide a value estimate for a property based on market conditions and comparable sales - To determine the cost of repairs needed on a property What is a “short sale” in real estate? - A sale where the property is sold quickly at a lower price - A sale where the ...

ROCKWELL FINAL EXAM/ REAL ESTATE CLASSES WA FINAL EXAM 1 WITH CORRECT DETAILED ANSWERS AND RATIONALES/100% VERIFIED AND GRADED A+ 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 - answer-b. bill of sale Rationale: Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receiv...

** Chapter 9 - Gold Coast Real Estate Homework with correct answers rated A+Which instrument transfers title from one individual to another? (a) Contract (b) Deed (c) Warranty (d) Covenant - correct answer (b) Deed What does the term "title" refer to in real estate? (a) Any instrument that guarantees legal rights (b) A legal instrument that transfers property from one party to another (c) Ownership (d) A piece of bond paper - correct answer (c) Ownership What...

NJ REAL ESTATE PRACTICE EXAM 2021 The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG - ANS Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Luxury Rates - ANS Spe...

Promulgated Contracts Champions Study Guide |206 Questions with Complete Solutions(Rated A+). Cashiers check or wire transfer - ANSWER-Good Funds What does a buyer need to bring to closing? - ANSWER-Good Funds Where is Good Funds in the TREC promulgated form? - ANSWER-Paragraph 9.B(2) T/F Title companies may accept a small personal check from a buyer as part of the good funds if their policy allows it. - ANSWER-True Created to draft and revise contract forms capable of standardi...

The state of the contract between the execution date and the closing. A) Fully executed contracted B) Executed contract C) Option contract D) Executory contract correct answersD) Executory contract This lease has a defined specific beginning and ending date. A) Estate at sufferance B) Estate at will C) Estate from period to period D) Estate for years correct answersD) Estate for years The TREC ONE-TO-FOUR RESIDENTIAL RESALE CONTRACT requires the seller to deliver_______...

The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG - Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Luxury Rates - Special Assessments After Borrowers have indicated an intent to p...