Answer_KeyCh3Quiz

Answer_KeyCh3Quiz - © 2004 Rockwell Publishing Company 1...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: © 2004 Rockwell Publishing Company 1 Real Estate Principles Ch 3 Quiz Answer Key 1. D 2. C 3. C 4. D 5. A 6. A 7. D 8. D 9. C 10. D 11. C 12. B 13. B 14. C 15. D © 2004 Rockwell Publishing Company 2 Answer Key with Explanations Question #1 Answer: D Explanation: The right of eminent domain belongs to quasi-public organizations such as public utilities and public universities, as well as to municipalities. Question #2 Answer: C Explanation: Standard title insurance policies do not insure against losses caused by defects that can't be discovered by examining the public record. Question #3 Answer: C Explanation: Accretion is one process by which property may be added. Any addition of real property through natural forces is known as accession. Question #4 Answer: D Explanation: Recording a deed creates the presumption that the deed was acknowledged, delivered, and accepted. Transfer of title occurs at the moment that the grantor delivers the deed delivered, and accepted....
View Full Document

This note was uploaded on 09/06/2011 for the course FIN 365 taught by Professor Staff during the Spring '11 term at S.F. State.

Page1 / 4

Answer_KeyCh3Quiz - © 2004 Rockwell Publishing Company 1...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online