Principles of Real Estate Ch. 6 (Quiz 6)

The W 1/2 of the NW 1/4 of the NW 1/4 of the SE 1/4, and the SW 1/4 of Section 10 contains:

1) 165 acres

2) 2 ½ acres

3) 45 acres

4) 5 acres

1) 165 acres

In the U. S. Government Survey System, which lines run parallel to the principal base line?

1) township line

2) meridian line

3) range line

4) survey line

1) township line

How many square feet are in an acre?

1) 5280

2) 14970

3) 43560

4) 75436

3) 43560

A person who makes a will is the

1) executor (trix)

2) Administrator (trix)

3) devisor (ee)

4) testor (trix)

4) testor (trix)

If a married person dies testate and leaves all community property, the decedent's interest passes to the:

1) Surviving spouse and children if any

2) Surviving child, and not the surviving spouse

3) Surviving spouse

4) Whomever is named in the will

4) Whomever is named in the will

Ben’s father passed away and left Ben a ring in his will that Ben had always admired along with a sizeable sum of money. Ben received this gift as a:

1) Bequest

2) Devise

3) Legacy

4) Bequest and legacy

4) Bequest and legacy

The sudden tearing away of land along a river with the re-deposit of the land on the other side of the river, downstream, is called:

1) erosion

2) accretion

3) avulsion

4) reliction

3) avulsion

When possession of land includes open and notorious use for 5 years, hostile to the owner's wishes, and payment of property taxes, this best describes:

1) interstate succession

2) accession title

3) alluvion ownership

4) adverse possession

4) adverse possession

The passing of title to the state because of the lack of heirs is called:

1) escheat

2) eminent domain

3) police power

4) condemnation

1) escheat

The Connecticut case, Kelo vs. New London, was decided by a U.S. Supreme Court ruling which had an impact on:

1) how foreclosures should be conducted.

2) whether or not a partition action can be taken.

3) how private property can be taken to further economic development.

4) how filing for bankruptcy will stop foreclosure.

3) how private property can be taken to further economic development.

Which of the following is not required for a deed to be valid?

1) signature of grantor

2) granting clause

3) date

4) must be in writing

3) date

Chang deeds to Lopez and Lopez takes possession but does not record the deed. Chang then tells his friend Jones about the deed to Lopez. Chang then deeds the same property to Jones, who records the deed. Based on this information, title probably vests in:

1) Lopez

2) Chang

3) Jones

4) Both Lopez and Jones

1) Lopez

A sequential list of owners for a parcel of real estate is called:

1) constructive notice

2) chain of title

3) notarized record

4) deed of reconveyance

2) chain of title

Mr. and Mrs. Smith were interested in purchasing a vacant lot. However, they first wanted the property surveyed. When the surveyor came out to measure the property he began measuring from the iron spike embedded in the middle of the street. In this case the iron spike would be known as:

1) a benchmark

2) an angular line

3) a vara

4) a compass

1) a benchmark

A metes and bounds description requires:

1) a point of beginning

2) a distance and direction from one point to another

3) a return to the point of beginning

4) all of these

4) all of these

Before a deed is recorded, it must be acknowledged by:

1) the grantee

2) a notary public

3) the escrow officer

4) the grantor

4) the grantor

Who is competent to deed title to real estate?

1) 17-year-old unmarried student

2) a married 16-year-old

3) convict under a death sentence

4) none of these

3) convict under a death sentence (unsure)

There are implied warranties made by the grantor in a grant deed. Which one of the following is not implied?

1) property has not been encumbered by grantor except as disclosed

2) the interest held by grantor is being transferred to the grantee

3) the grantor holds a certificate of title to the property

4) the interest being deeded has not been conveyed to others

3) the grantor holds a certificate of title to the property

A deed need not be recorded in order to be valid, but must be delivered. Effective delivery depends on:

1) valid acknowledgment by the grantor

2) physical transfer

3) intention of grantor

4) knowledge of its existence by the grante

2) physical transfer (unsure)

The recording of a deed gives:

1) Actual

2) Constructive notice

3) Right of possession

4) Effective notice

2) Constructive notice

In order to be valid, a deed must contain:

1) a date

2) a granting clause

3) the signature of the grantee

4) evidence of a notary

2) a granting clause

A major railroad company plans to run a line across Quan's property. If Quan refuses to give permission, the railroad company can proceed to take action through the use of:

1) Eminent Domain

2) Partition action

3) Injunction

4) Writ of execution

1) Eminent Domain

Title can be transferred from government to private owners using a:

1) Fiduciary Grant

2) Partition Grant

3) Public dedication

4) Patent

4) Patent

When describing or locating a piece of property using the meets and bounds system, which of these would be classified as artificial markers?

1) rocks

2) trees

3) streets

4) rivers

3) streets

Under the United States government survey system, a property containing this description includes how many acres? "The S 1/2 of the SE 1/4 of section 17 and the E 1/2 of the NE 1/4 of section 23 and the SW 1/4 of the NW 1/4 of section 21"

1) 160

2) 200

3) 240

4) 220

2) 200

If a married person with two children dies intestate and leaves community property, the descendant interest passes to the:

1) Surviving spouse and children

2) Surviving children, and not the surviving spouse

3) Surviving spouse

4) Surviving parents

3) Surviving spouse

The county recorder files deeds in a book called:

1) First to record is first to be filed

2) Legal description

3) Grantor–grantee index

4) The city where the property is located

3) Grantor–grantee index

If a court proceeds to confirm a probate sale, the first additional bid must be what percent above the original bid?

1) 5% on the first $10,000, 3% on the remainder

2) 5% on the first $10,000 and any amount on the remainder

3) 10% on the first $10,000, 5% on the remainder

4) 10% on the first $10,000 and any amount on the remainder

3) 10% on the first $10,000, 5% on the remainder

According to the laws of California, which of the following documents must be recorded to be valid?

1) Land mortgage

2) Grant deed

3) Trust deed

4) None of these

4) None of these

When a gift deed is use to transfer title to real property, the deed may be set aside or voided by:

1) Certain debtors of the grantor

2) No one

3) Certain creditors of the grantor

4) Someone who later purchases the land from the gift deed grantor

3) Certain creditors of the grantor