REAL ESTATE LAW EXAM LATEST 2024 ACTUAL EXAM 300 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+
REAL ESTATE LAW EXAM LATEST 2024
ACTUAL EXAM 300 QUESTIONS AND
CORRECT DETAILED ANSWERS WITH
RATIONALES (VERIFIED ANSWERS)
|ALREADY GRADED A+
A line running northeasterly at an interior angle of 60°14'30" is
not the same thing as a line running north 60°14'30". true or
false - ANSWER- false
The distance of a call is most often measured in rods and chains.
true or false? - ANSWER- flase
Indicate whether the statement is true or false.
A boundary survey locates the boundaries of the land in question
and provides a description of the land. - ANSWER- true
When a legal description involves a curve, the land surveyor
should give all of the following information about each curve,
EXCEPT - ANSWER- the identification of the quadrants.
A beginning point on a metes and bounds description can be any
point on a parcel of land. true or false - ANSWER- false
Which of the following is NOT used when identifying a
township square? - ANSWER- The distance from the closest
correction line
A rod is longer than a chain. true or false - ANSWER- false
A survey should show all adjacent streets, roads, and highways
and indicate whether the accesses are public or private. true or
false - ANSWER- true
Surveys are prepared by - ANSWER- land surveyor
A metes and bounds description should both begin and end at
the beginning point. true or false - ANSWER- true
Most surveyors prepare surveys based on standards developed
jointly by the state legislature and surveyors true or false -
ANSWER- false
Generally, when reviewing a survey, it is not acceptable to write
or mark on the survey. true or false - ANSWER- false
The sections in a township square are numbered beginning in
which corner? - ANSWER- northeast
A judgment lien does not become a lien on real property until -
ANSWER- the lien is recorded in the Judgment Book or General
Execution Docket.
Which of the following is NOT an enforcement weapon the EPA
may use to clean up hazardous waste sites? - ANSWER- EPA
can have the responsible parties imprisoned for failure to clean
up the site
Underground storage tanks containing petroleum are generally
regulated by - ANSWER- state law
Most assessed values are based on the purchase price of the
property. true or false - ANSWER- false
A federal tax lien generally has a 10-year lifetime. true or false -
ANSWER- true
Indicate whether the statement is true or false.
Zoning is considered constitutional as long as the zoning
regulation bears some reasonable relation to the public welfare. -
ANSWER- true
Private restrictive covenants often perform the same function as
public zoning regulations, but in many instances they are more
restrictive than public zoning regulations true or false -
ANSWER- true
Mechanics' and materialmen's liens attach to real property but do
not attach to improvements to the property. true or false -
ANSWER- false
Which of the following is generally NOT included on a claim or
notice of lien in regard to a mechanics' or materialmen's lien? -
ANSWER- Notarized signature of the owner of the property
Most city governments can - ANSWER- create subdivision laws
The right granted by a property owner to a nonowner to use real
property for a special purpose is called a(n) - ANSWEReasement
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