Real Estate 3.B

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

Which of the following will NOT describe any easements on a property?.. a) Department of buildings website b) Title report c) Survey d) Plot plan

a) Department of buildings website

Michael must use his neighbor's driveway in order to gain access to his garage at the rear of his property. Michael's neighbor grants him access to use the driveway but only for the specific use of providing access to the garage. Michael's right to use his neighbor's driveway is an example of what?.. a) Easement b) Encroachment c) Lien d) Encumbrance

a) Easement

An easement that benefits the dominant estate and "runs with the land" is known as.. a) Easement appurtenant b) Easement in gross c) Easement by necessity d) Involuntary Lien e) Voluntary Lien

a) Easement appurtenant

A tac lien is an example of what type of lien?.. a) Involuntary lien b) Voluntary lien c) Mechanic's lien d) Easement

a) Involuntary lien

Where can one go to find what types of liens (if any) are filed against a property?.. a) Title report b) Department of taxation c) Department of finance website d) Department of buildings

a) Title report

Mark has not paid State property taxes on his property in over 5 years. As a result, the State filed a lien against Mark's house. What type of lien was filed against Mark's house?.. a) Involuntary lien b) Voluntary lien c) Mortgage lien d) Mechanic's lien

a) involuntary lien

Real property Tax lien due to unpaid State Property taxes a) one b) two c) three d) four

a) one

An easement that benefits an individual or legal entity, rather than a dominant estate is known as.. a) Easement appurtenant b) Easement in gross c) Easement by necessity d) Involuntary Lien e) Voluntary Lien

b) Easement in gross

Kevin has not paid his car loan in over six months. As a result, a lien was placed against his assets. What type of lien was placed against Kevin's assets?.. a) Service lien b) General lien c) Voluntary lien d) Specific lien

b) General lien

Which of the following is an example of a voluntary lien?.. a) Mechanic's lien b) Mortgage c) Tax lien d) Special Assessment lien

b) Mortgage

Which of the following is an example of an easement?.. a) Lis Pendens b) Party wall c) Encroachment d) Judgement

b) Party wall

The intent and right of a person to occupy and/or exercise control over a particular plot of land is known as what?.. a) Dominant Tenement b) Possessory c) Servient Tenement d) Non-possessory

b) Possessory

Anthony took out a second mortgage on his home to help pay for his son's college tuition. What type of lien did Anthony file against his house?.. a) IOU b) Voluntary lien c) Involuntary lien d) Debt lien

b) Voluntary lien

Mortgage lien a) one b) two c) three d) four

b) two

This type of easement allows a landlocked property without access to a public way, to cross the land of an adjoining property for the purpose of ingress and egress.. a) Easement appurtenant b) Easement in gross c) Easement by necessity d) Involuntary Lien e) Voluntary Lien

c) Easement by necessity

A utility easement is an example of what type of easement?.. a) Negative easement b) Right of way easement c) Easement in gross d) Affirmative easement

c) Easement in gross

A party wall is an example of a/an...? a) Right-of-way b) Lien c) Encroachment d) Easement

c) Enroachment

Which of the following is NOT an example of an easement?.. a) Right of way b) Party wall c) Judgement d) Riparian right

c) Judgement

A legal document, filed in the office of the county clerk giving notice that an auction or proceeding is pending in the courts affecting the title to the property is known as what?.. a) Deed b) Foreclosure c) Lis Pendens d) Public Notice

c) Lis Pendens

City Roofers were hired by Anthony to replace the roof on his house. However, Anthony never paid City Roofers for the work they performed. As a result, City Roofer filed a lien against Anthony's house. What type of lien was filed against Anthony's house?.. a) Tax lien b) Service lien c) Mechanic's lien d) Voluntary lien

c) Mechanic's lien

A mechanic's lien is an example of what type of lien?.. a) General lien b) Service lien c) Specific lien d) Voluntary lien

c) Specific lien

A tax lien is an example of what type of lien?.. a) Debt lien b) Voluntary lien c) Specific lien d) General lien

c) Specific lien

Mechanic's lien due to an unpaid contractor's invoice on 9/12/2010 a) one b) two c) three d) four

c) three

A right to cross or otherwise use someone else's property for a specified purpose is known as what?.. a) Encroachment b) Right-of-way c) Appurtenance d) Easement

d) Easement

This type of easement generally transfers automatically when the dominant estate is transferred?.. a) Involuntary easement b) Implied easement c) Limited easement d) Easement appurtenance

d) Easement appurtenance

Permission granted by a party to another party as an element of an agreement between both parties is known as what?.. a) Consent b) Agency c) Dual Agreement d) License

d) License

Generally speaking, how are liens prioritized among on another?.. a) The amount of the liens b) Liens are NOT prioritized c) Mortgage liens always take priority d) The date on which they were filed

d) The date on which they were filed

A contractual or consensual lien that is created by an action taken by the debtor, such as a mortgage loan to buy real estate, is known as... a) Easement appurtenant b) Easement in gross c) Easement by necessity d) Involuntary Lien e) Voluntary Lien

d) Voluntary lien

Judgement lien due to a court settlement on 5/25/2013 a) one b) two c) three d) four

d) four

Taking out a mortgage on a house is an example of a/an?.. a) Easement b) General lien c) Involuntary lien d) Voluntary lien

d) voluntary lien

A lien imposed against property without consent of the owner, e.g., taxes, special assessments, is known as.. a) Easement appurtenant b) Easement in gross c) Easement by necessity d) Involuntary Lien e) Voluntary Lien

e) Involuntary Lien


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