Real Estate Fundamentals - Chapter 11: Title To Real Property

15 Questions | Total Attempts: 202

SettingsSettingsSettings
Please wait...
Real Property Quizzes & Trivia

Questions and Answers
  • 1. 
    The right of ownership of property is known as "title".
    • A. 

      True

    • B. 

      False

  • 2. 
    The technical and legal name for "squatter's rights" is naked possession.
    • A. 

      True

    • B. 

      False

  • 3. 
    Another kind of title is known as "Color of Title".This occurs when the holder has a title that is superior to that of anyone else. It can withstand legal claims of ownership by all others and consequently is insurable.
    • A. 

      True

    • B. 

      False

  • 4. 
    Under "right of possession" a person represents an interest in real property without actual right of ownership. It is the kind of interest that a tenant would have in real property under the terms of a lease. The tenant would have the right to occupy the property known as the right of possession.
    • A. 

      True

    • B. 

      False

  • 5. 
    The strongest kind of title is called "equitable title" It has all the features of a good title including full ownership that is good against the claims of others, plus it has the actual physical occupancy contained in naked possession.
    • A. 

      True

    • B. 

      False

  • 6. 
    Another category of title called "equitable title" occurs when a party does nto hold legal title but has the right to obtain full legal title at some point in the future when all the provisions of a contract are fulfilled.
    • A. 

      True

    • B. 

      False

  • 7. 
    The Latin phrase "mei Canis Vescor Osis" means "let the buyer beware"
    • A. 

      True

    • B. 

      False

  • 8. 
    The "chain of title" is the list of previous owners of real property and a record of their transfers of title.
    • A. 

      True

    • B. 

      False

  • 9. 
    A "suit to quiet title" is a title defect or imperfection.
    • A. 

      True

    • B. 

      False

  • 10. 
    A "certificate of title" is a summarized list of the recorded claims, conveyances, documents, and legal instruments that affect the title to real property.
    • A. 

      True

    • B. 

      False

  • 11. 
    "Title Insurance" provides a policy which insures for claims of title against the new owner during the owner's time of ownership of the property.
    • A. 

      True

    • B. 

      False

  • 12. 
    Death of an owner of real property will automatically result in the transfer of title of that property. If an owner dies testate (with a will) the title would automatically convey to whoever is designated to recieve the title in the will.
    • A. 

      True

    • B. 

      False

  • 13. 
    If an owner dies intestate and there are no heirs, the title to real property will escheat (return) to the county since the property cannot remain unowned.
    • A. 

      True

    • B. 

      False

  • 14. 
    When a real estate developer makes a public grant by giving the streets in a subdivision to the local government it is commonly known as "voluntary alienation".
    • A. 

      True

    • B. 

      False

  • 15. 
    The taking of a title to real property away from an owner by making a successful claim based on physically occupying an owner's property in an open, visible , continuous manner, against the owner's consent and for a minimum time of 21 years is known as a suit to quiet title.
    • A. 

      True

    • B. 

      False

Back to Top Back to top