GA Real Estate License Exam Questions and Answers 100% Correct
Question : Personal property that, by its attachment to real
property, is regarded as real estate is called:
- an emblements
- personalty
- a fixture
- an appliance
Correct answer: C. a fixture
Question : What is the main purpose of police power?
- to protect the health, safety, and welfare of the community
- to prevent people from committing crimes
- to put out fires
- to make sure the property owners and citizens know their
place
Correct answer: A. to protect the health, safety, and welfare of
the community
Question : If a person has complete control over their
property, and the ownership in the property is not defeasible, what interest does the person have in the property?
- fee conditional estate
- fee simple estate
- live estate
- defeasible fee estate
Correct answer: B. fee simple estate
Question : Which of the following is the difference between
the value of a property and the total amount of liens against the property?
- investment
- basis
- down payment
- equity
Correct answer: D. equity
Question : A metes-and-bounds legal description:
- can be created for areas excluded from the rectangular
- is not acceptable in a court in most jurisdictions
- must commence and finish at the same identifiable point
- is used only in extreme cases where there is no recorded
survey system
subdivision plats
Correct answer: C. must commence and finish at the same
identifiable point
Question : Your neighbors use a portion of your property to
reach their guest apartment, which is on their property. As far as you can tell, you never gave them permission to use your property, and you discuss with your attorney the possibility of preventing the neighbors from using your property. Your attorney explains that the ownership of the neighbors real
estate includes an easement appurtenant giving them the right
to use that portion of your property. Your property is the:
- leasehold interest
- dominant tenement
- servient tenement
- license property
Correct answer: C. servient tenement
Question : There are no nationwide or state zoning laws.
- True
- False
Correct answer: A. True
Question : What is the difference between a specific lien and
a general lien?