Sure Tests Blog

Helping real estate professionals sharpen their skills through knowledge and training.

  • Home
    Blog Home Your starting point for finding interesting articles.
  • Categories
    Categories Displays a list of categories from this blog.
  • Archives
    Archives View a list of existing articles.
15
Apr
0

Types of Agents - Real Estate Agent Exam Questions

Posted by on in Property Ownership
Types of Agents - Real Estate Agent Exam Questions   An agent has been given the power of attorney and therefore, controls all matters of real estate on behalf of a client.  Which type of agent would this be?       A) UNIVERSAL AGENT        B) FULL AGENT     C) GENERAL AGENT           D) EXCLUSIVE AGENT      A Universal Agent is authorized to perform all acts or duties his or her principal is empowered to perform. A general agent is authorized to perform a series of transactions over a  continuous period of time, unlike a Specific or Special agent,... Continue reading
01
Apr
0

Property Ownership / The Real Estate Exam

Posted by on in Property Ownership
Property Ownership questions on the Real Estate Exam Andrew and Kelly both have equal ownership of a property.  Upon Andrew's death, he has instructed that his portion of the property rights be given to an heir.  Kelly wants full ownership of the property upon Andrew's death and intends to seek legal action.  Kelly's attorney tells Kelly that she will likely be unsuccessful in gaining full property ownership.  The type of ownership described is:   1) TENANCY IN COMMON   2) JOINT TENANCY 3) TENANCY IN SEVERALTY 4) TENANCY BY ENTIRETIES   Tenancy in common is best described as two or... Continue reading
01
Apr
0

Types of Property Ownership

Posted by on in Property Ownership
Types of Property Ownership   Andrew and Kelly both have equal ownership of a property.  Upon Andrew's death, he has instructed that his portion of the property rights be given to an heir.  Kelly wants full ownership of the property upon Andrew's death and intends to seek legal action.  Kelly's attorney tells Kelly that she will likely be unsuccessful in gaining full property ownership.  The type of ownership described is:   1) TENANCY IN COMMON   2) JOINT TENANCY 3) TENANCY IN SEVERALTY 4) TENANCY BY ENTIRETIES   Tenancy in common is best described as two or more tenants owning... Continue reading
27
Mar
0

Types of ownership and the right of partition?

Posted by on in Property Ownership
What types of ownership does not allow the right of partition?   A) TENANCY BY THE ENTIRETY B) JOINT TENANCY C) TENANCY IN COMMON D) COMMUNITY PROPERTY            Explanation Tenancy by the entirety does not allow for the right of partition. Tenancy of the entirety is an undivided ownership between husband and wife, and if one dies the other will be entitled to the decedents by the right of survivorship. Joint Tenancy – A type of ownership between two or more people, all shares are equal and can be bought and sold. If an owner dies, that deceased owners... Continue reading
27
Mar
0

The differences between Tenancy in Common and Joint Tenancy

Posted by on in Property Ownership
The differences between Tenancy in Common and Joint Tenancy   Andrew and Kelly both have equal ownership of a property.  Upon Andrew's death, he has instructed that his portion of the property rights be given to an heir.  Kelly wants full ownership of the property upon Andrew's death and intends to seek legal action.  Kelly's attorney tells Kelly that she will likely be unsuccessful in gaining full property ownership.  The type of ownership described is:   A) TENANCY IN COMMON B) JOINT TENANCY C) TENANCY IN SEVERALTY D) TENANCY BY ENTIRETIES   Explanation   Tenancy in common is best described as... Continue reading

Random Page - BTM Spacer



Exam Real Estate