Practice test

Real Estate Practice Exam 3

Real Estate practice exam 3, Foundations tier: 25 questions on eminent domain, liens, mortgage clauses, and qualifying ratios, with explanations.

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Question 1

1

The right of the government to take private property for public use upon payment of just compensation is called:

Question 2

2

When a person dies without a will and with no legal heirs, the property passes to the state through:

Question 3

3

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

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