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TEST CH6 part 1

TEST CH6 part 1

Assessment

Presentation

Other

Professional Development

Practice Problem

Hard

Created by

martha cherry

FREE Resource

30 Slides • 28 Questions

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Multiple Choice

Which of the following is a reason why owners need to know the most common ways to hold title to real estate?

1

To ensure proper transfer of ownership

2

To avoid paying property taxes

3

To increase the value of the property

4

To bypass the California Recording System

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Open Ended

Why is it important to understand the different legal ways to describe and locate land in real estate transactions?

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Multiple Choice

Where is the State of California located in terms of longitude and latitude?

1

Between Longitude 114°W and 125°W, Latitude 32°N and 42°N

2

Between Longitude 100°W and 110°W, Latitude 25°N and 35°N

3

Between Longitude 120°W and 130°W, Latitude 30°N and 40°N

4

Between Longitude 110°W and 120°W, Latitude 35°N and 45°N

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Open Ended

Explain the three main methods of land description used in the United States.

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Multiple Choice

Which of the following is true about the Lot, Block and Tract System?

1

It uses recorded maps for legal descriptions.

2

It is primarily used for irregularly shaped parcels.

3

It does not require official records.

4

It is only used in rural areas.

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Fill in the Blank

Metes and bounds descriptions are primarily used with ___ shaped parcels in rural areas.

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Open Ended

Based on the metes and bounds description, what is the significance of the 'point of beginning' (POB) in land surveying?

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Multiple Choice

Which lines are used to describe locations on Earth in the U.S. Government Survey System?

1

Base (parallel) and Meridian (longitude) lines

2

Latitude and Longitude only

3

Equator and Prime Meridian only

4

Tropic of Cancer and Tropic of Capricorn

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Multiple Choice

Which principal meridians are used in the California Base and Meridian System?

1

Mt. Diablo Meridian and San Bernardino Meridian

2

San Francisco Meridian and Los Angeles Meridian

3

Sacramento Meridian and San Diego Meridian

4

Mt. Whitney Meridian and Mojave Meridian

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Multiple Choice

Which of the following statements best describes the relationship between a township and a section in the U.S. Government Survey System?

1

A township contains 36 sections, each section is 1 square mile.

2

A section contains 36 townships, each township is 1 square mile.

3

A township contains 6 sections, each section is 6 square miles.

4

A section contains 6 townships, each township is 36 square miles.

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Open Ended

Explain how the U.S. Government Survey System is used to locate townships and sections within a state.

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Fill in the Blank

A section in the U.S. Government Survey System is ___ miles by ___ miles.

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Multiple Choice

How many acres are in the SW 1/4 of a section according to the U.S. Government Survey System?

1

160 acres

2

80 acres

3

40 acres

4

320 acres

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Open Ended

Describe a real-world scenario in which understanding the U.S. Government Survey System would be essential for a professional in real estate or land development.

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Multiple Choice

Which of the following is the correct total acreage for the combined land descriptions: N ½ of the W ½ of the SE ¼ of Section 12, N ½ of the S ½ of Section 20, and NE ¼ of the NE ¼ of the NE ¼ of Section 17?

1

210 acres

2

200 acres

3

180 acres

4

220 acres

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Multiple Choice

What is the size of a township in both miles and square miles?

1

6 miles by 6 miles, 36 square miles

2

1 mile by 1 mile, 1 square mile

3

24 miles by 24 miles, 576 square miles

4

12 miles by 12 miles, 144 square miles

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Open Ended

Explain how a tax assessor assigns parcel numbers to land using the assessor's map.

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Multiple Select

Which of the following are ways to acquire real property?

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By will

2

By accession

3

By occupancy

4

By inheritance only

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Fill in the Blank

A ___ is a handwritten, dated, and signed will that does not require witnesses.

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Open Ended

Describe the difference between 'testate' and 'intestate' as used in succession terms.

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Multiple Choice

Which term refers to a later alteration to a will?

1

Codicil

2

Legacy

3

Bequest

4

Devisee

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Open Ended

Explain the process and requirements for a probate sale in California Superior Court.

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Multiple Choice

If a person dies intestate with a surviving spouse and two children, how is the separate property divided?

1

1/3 to spouse, 2/3 to children

2

1/2 to spouse, 1/2 to children

3

All to spouse

4

All to children

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Fill in the Blank

In the case of community property, who receives the property upon the death of one spouse?

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Multiple Select

Which of the following are ways property can be added to another property by water action?

1

Accretion

2

Reliction

3

Avulsion

4

Escheat

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Open Ended

Describe the difference between abandonment and adverse possession as methods of acquiring title by occupancy.

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Open Ended

Reflecting on the learning outcomes for Chapter 6, which topic do you feel you need more clarification on, and why?

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Multiple Choice

Which of the following is NOT a student learning outcome for Chapter 6 of California Real Estate Principles?

1

List three legal ways to describe and locate land

2

Outline five legal ways to acquire title to real estate

3

Describe the process of obtaining a mortgage loan

4

Explain the California Recording System

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