Real Estate License Transfer of Property 3

Question 1

When a person dies leaving a valid will, they are said to have died:

Accepted Answer

Testate

Answer

Dying testate means the deceased left a valid will directing distribution.

Question 2

A gift of real property made through a will is known as a:

Accepted Answer

Devise

Answer

A devise is a transfer of real property by will; bequests/legacies are personal property.

Question 3

Acquiring title to land by openly and continuously occupying it without the owner's permission for a statutory period is called:

Accepted Answer

Adverse possession

Answer

Adverse possession allows a trespasser to gain title through open, notorious, continuous use over time.

Question 4

The gradual addition of land by deposits of soil from a river is known as:

Accepted Answer

Accretion

Answer

Accretion is the slow buildup of land through waterborne soil deposits.

Question 5

Which of the following is required for a valid will in most states?

Accepted Answer

The testator being of legal age and sound mind

Answer

A valid will requires the testator to be of legal age and of sound mind.

Real Estate License Practice Test