Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

CARE Prin. Ch. 6:2-Q

Part 2: Holding Title Questions

QuestionAnswer
Under joint tenancy interests in real property must be Equal
Freehold estates are sometimes called Estates of Inheritance
A person who dies intestate normally has his or her property Distributed to his or her heirs
A valid deed requires A clear description of the property
A deed that includes the language “to have and to hold,” refers to The Habendum clause
A deed transfers title at the time of Delivery
A brother and sister would never hold property as Community property
Which of the four unities required for joint tenancy is also required for tenancy in common Equal rights of possession
One spouse with his/her funds alone may Buy real estate
In taking an offer from a corporate representative, a broker should be sure to check the representative’s authority. Where would this information most likely be found Corporation Bylaws (rules governing the corporation)
To be recorded a deed does not need to be signed by The grantee
If a spouse purchases real estate with funds from a joint account how will the property be titled As community property
Creditors can access your personal assets for the debts in what type of partnership General partnership
Which two ways of holding title can be subject to probate proceedings Severalty/Sole Ownership & Tenants in Common
What is the most important characteristic of joint tenancy Right of survivor-ship (one spouse dies, the surviving spouse acquires deceased property interests without a court action such as probate)
In what circumstance would community property have to go through probate proceedings after a one spouse dies When the deceased spouse leaves his/her interests to someone other than their surviving spouse or partner
True or False - In joint tenancy all interests holders must sign on the same date False
Three buyers take title to a property as joint tenants. How many deeds will there be Only one deed
Why can’t corporations hold title as joint tenants or community property Because a corporation never dies
Possession without fee ownership best describes A life estate
Created by: cobiagwu
Popular Real Estate sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards