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Question 1 of 10
1. Question
Which of the following is the requirement that several owners at the same time take the title to the property?
Correct
Taking the title simultaneously is a characteristic of joint tenancy, not the other types listed.
Incorrect
Taking the title simultaneously is a characteristic of joint tenancy, not the other types listed.
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Question 2 of 10
2. Question
With respect to inheriting land, which of the following are most similar to each other?
Correct
Joint tenancy and community property with survivorship rights allow for the full reversal of the interest in the property to the remaining owner (s).
Incorrect
Joint tenancy and community property with survivorship rights allow for the full reversal of the interest in the property to the remaining owner (s).
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Question 3 of 10
3. Question
Which of the following statements is true about a group of individuals investing in real estate?
Correct
Understanding the sense of the word generic is relevant here. Generic means “general” or “all-encompassing.” Like any of the other types listed
in the response choices, a real estate syndicate can be created but this term is best defined as the term used for a group of individuals coming together
to invest in real estate.Incorrect
Understanding the sense of the word generic is relevant here. Generic means “general” or “all-encompassing.” Like any of the other types listed
in the response choices, a real estate syndicate can be created but this term is best defined as the term used for a group of individuals coming together
to invest in real estate. -
Question 4 of 10
4. Question
When is the owner entitled to compensation for a zoning change?
Correct
A property owner is entitled to compensation if, for construction or use, the land loses all its realistic value.
Incorrect
A property owner is entitled to compensation if, for construction or use, the land loses all its realistic value.
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Question 5 of 10
5. Question
A good description of the goals and policies of community growth is a statement of the priorities and policies of a community is characterized as?
Correct
All the incorrect responses in some way control and guide progress, but the general statement of policies and policies in the general plan, also called the master plan, priorities for a city are included.
Incorrect
All the incorrect responses in some way control and guide progress, but the general statement of policies and policies in the general plan, also called the master plan, priorities for a city are included.
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Question 6 of 10
6. Question
Which of the following statements should a landowner do when facing physical difficulties in his property development?
Correct
When the owner of a single lot has practical trouble constructing that lot, a variation is most suitable. It is the right way to seek relief for a landowner who has physical difficulties in developing his property.
Incorrect
When the owner of a single lot has practical trouble constructing that lot, a variation is most suitable. It is the right way to seek relief for a landowner who has physical difficulties in developing his property.
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Question 7 of 10
7. Question
Which of the following statements about the Law on Subdivided Lands is true?
At what stage would The Law on Subdivided Lands takes effect on
Correct
The Law on Subdivided Lands takes effect on the stage of the fifth batch. The five or more parcels of land gives an effect on the subdivided lands law.
Incorrect
The Law on Subdivided Lands takes effect on the stage of the fifth batch. The five or more parcels of land gives an effect on the subdivided lands law.
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Question 8 of 10
8. Question
Which of the following statements about subdivisions is true?
Correct
The concept characteristic of a subdivision of mutual interest is the presence of land widely held by the proprietors. Common area ownership is known to be the primary distinction between a subdivision of mutual interest and a regular subdivision.
Incorrect
The concept characteristic of a subdivision of mutual interest is the presence of land widely held by the proprietors. Common area ownership is known to be the primary distinction between a subdivision of mutual interest and a regular subdivision.
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Question 9 of 10
9. Question
Which of the following statements is true?
I. Rangeland has enacted laws that give broad consideration or control to the production.
II. Earthquake areas have enacted laws that give specific consideration or control to the production.
III. Coastal areas, rangeland, and earthquake areas have enacted laws that give specific consideration or control to the production.
IV. Coastal areas, rangeland, and earthquake areas have enacted laws that give broad consideration or control to the production.Correct
To cope with or protect both of these areas, special initiatives have been introduced to the coastal areas, rangeland, and earthquake areas. They have enacted laws that give specific consideration or control to the production.
Incorrect
To cope with or protect both of these areas, special initiatives have been introduced to the coastal areas, rangeland, and earthquake areas. They have enacted laws that give specific consideration or control to the production.
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Question 10 of 10
10. Question
Which of the following statements best describes liens?
I. Many of the liens are burdens.
II. All liens are encumbrances and burdens.
III. Many of the liens is burdens and encumbrances.
IV. Many of the liens is burdens. All lien encumbrances are considered boundaries.Correct
The choice “Many of the liens are burdens. All lien encumbrances are considered boundaries” is the only completely true statement. All encumbrances are some form of limitation on title or property use.
Incorrect
The choice “Many of the liens are burdens. All lien encumbrances are considered boundaries” is the only completely true statement. All encumbrances are some form of limitation on title or property use.