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80 Cards in this Set
- Front
- Back
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HOW MANY SECTIONS ARE IN A TOWNSHIP?
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36
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HOW MANY ACRES ARE IN A SECTION?`
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640
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IN WHICH DIRECTION DOES A RANGE RUN?
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NORTH TO SOUTH
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HOW MANY TOWNSHIPS ARE IN A GOVERNMENT CHECK?
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16
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WHAT IS THE CLOSEST DISTANCE FROM TOWNSHIP 1 NORTH TO TOWNSHIP 2 SOUTH?
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6 MILES
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ON A GRID WHAT IS THE CLOSEST DISTANCE BETWEEN RANGE 1 EAST TO LINE 3 EAST?
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6 MILES
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WHAT ARE THE 3 MOST COMMON TYPES OF LEGAL DESCRIPTIONS?
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METES & BOUNDS, RECTANGULAR SURVEY, SUBDIVISION
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HOW MANY SQUARE FEET ARE IN AN ACRE?
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43,560
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IN A RECTANGULAR SURVEY, WHAT IS OUR PRINCIPLE BEGINNING POINT CALLED?
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G & SR, B & M
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LIENS- WHAT ARE THE TWO TYPES?
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VOLUNTARY & INVOLUNTARY
SPECIFIC & GENERAL |
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LIENS ARE?
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MONETARY ENCUMBRANCE
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WHAT TYPE OF LIEN IS A MORTGAGE?
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SPECIFIC-VOLUNTARY
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WHAT TYPE OF LIEN IS A REAL ESTATE PROPERTY TAX?
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SPECIFIC-INVOLUNTARY
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WHAT TYPE OF LIEN IS A JUDGMENT?
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GENERAL-INVOLUNTARY
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WHAT TYPE OF LIEN WOULD FEDERAL OR STATE INCOME TAXES BE?
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GENERAL-INVOLUNTARY
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WHAT MUST BE DONE TO MAKE A PRIVATE LIEN ENFORCEABLE?
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RECORD
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WHAT TYPE OF LIEN IS A SPECIAL ASSESSMENT?
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SPECIFIC-INVOLUNTARY
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WHAT TYPE OF LIEN IS A MECHANICS LIEN?
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SPECIFIC-INVOLUNTARY
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WHAT GENERALLY TAKES PRECEDENCE AS A LIEN?
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REAL ESTATE TAXES
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WHAT GENERALLY ESTABLISHES THE PRIORITY OF LIENS?
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RECORDING DATE
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IF A GENERAL CONTRACTOR IS GOING TO RECORD A LIEN, WHEN MUST IT BE DONE?
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WITHIN 120 DAYS OF COMPLETION
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IF A SUB-CONTRACTOR IS GOING TO RECORD A LIEN, WHEN MUST IT BE DONE?
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WITHIN 120 DAYS AFTER GENERAL COMPLETES THE WORK
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WHAT TIME PERIOD DOES A CONTRACTOR HAVE IN WHICH TO FILE SUIT?
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6 MONTHS FROM DATE OF LIEN
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A JUDGEMENT RESULTS FROM WHAT?
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A LAW SUIT
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WHEN IS A JUDGEMENT A LIEN?
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AFTER RECORDING
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WHAT DO WE CALL A VERTICAL MEMBER IN A HOUSE FRAME?
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STUD
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WHAT DO WE CALL A HORIZONTAL MEMBER IN A HOUSE FRAME?
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JOIST
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NAME THE DEED WITH THE STRONGEST LIABILITIES TO THE SELLER?
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GENERAL WARRANTY DEED
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NAME THE SECOND DEED THAT WOULD HAVE THE SECOND STRONGEST LIABILITIES TO TO SELLER?
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SPECIAL WARRANTY DEED
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WHICH DEED OFFERS THE LEAST PROTECTION TO THE PURCHASER?
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QUIT CLAIM DEED
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IF A DEED IS TO CONVEY WITH THE RIGHT OF SURVIVORSHIP, WHAT TYPE OF DEED WOULD BE USED?
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JOINT TENANCY DEED
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DOES THE GRANTEE OR GRANTOR SIGN MOST DEEDS?
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GRANTOR
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WHEN DOES A DEED EFFECT TITLE TRANSFER?
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UPON DELIVERY AND ACCEPTENCE
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MUST A DEED BE ACKNOWLEDGED?
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YES
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WHY MUST A DEED BE ACKNOWLEDGED?
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FOR RECORDING
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WHAT IS YOUR LEGAL EVIDENCE OF OWNERSHIP?
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A RECORDED DEED
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WHAT MUST USUALLY ACCOMPANY A DEED FOR RECORDING?
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AFFIDAVIT OF VALUE
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WHO MUST SIGN AN AFFIDAVIT OF VALUE?
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BUYER AND SELLER OR THEIR AGENTS
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A CONTRACT IN WHICH EACH PARTY IS OBLIGATED TO PERFORM IS A/AN?
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BILATERAL CONTRACT
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A CONTRACT IN WHICH ONLY ONE PARTY IS OBLIGATED TO PERFORM IS A/AN?
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UNILATERAL CONTRACT
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A CONTRACT WHERE THE OBLIGATIONS HAVE NOT BEEN COMPLETED IS?
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EXECUTORY
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A COMPLETED CONTRACT WOULD BE CALLED?
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EXECUTED
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THE CLAUSE IN A DEED THAT MEANS "TO HAVE AND TO HOLD" IS THE?
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HABENDUM CLAUSE
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NOT PROVIDING A BUYER AN EQUAL OPPORTUNITY IN THE SELECTION OF AREAS IS?
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STEERING
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A SALESPERSON MAY CHANGE A SALES CONTRACT, WHEN?
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NEVER
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THE RIGHT TO USE ANOTHERS LAND IS A/AN?
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EASEMENT
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IF AN EASEMENT RUNS WITH THE LAND IT IS KNOWN AS?
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APPURTENANT EASEMENT
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THE LAND UPON WHICH AN APPURTENANT EASEMENT RUNS?
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SERVIENT TENEMENT
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THE LANDOWNER WHO BENEFITS FROM THE USE OF ANOTHER IS THE?
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DOMINANT TENEMENT
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A STRUCTURE BUILT ACROSS THE PROPERTY LINE IS AN?
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ENCROACHMENT
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IS COMMUNITY PROPERTY AN ESTATE IN LAND?
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NO
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WHAT ARE THE ESTATES IN LAND CALLED?
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FREEHOLD & LEASEHOLD
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UNDER FREEHOLD, HOW DO YOU HOLD YOUR INTEREST IN LAND?
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FEE SIMPLE, DETERMINABLE FEE, FEE WITH CONDITION SUBSEQUENT, LIFE ESTATE
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DOES DETERMINABLE FEE END AUTOMATICALLY IF A CONDITION IS VIOLATED?
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YES
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DOES FEE CONDITIONAL SUBSEQUENT END AUTOMATICALLY IF CONDITION IS VIOLATED?
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NO
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WHICH LIFE ESTATE IS CREATED BY STATUE?
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HOMESTEAD
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TITLE IN SEVERALTY INCLUDES HOW MANY PERSONS OR ENTITIES?
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ONE
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IS TENANCY IN COMMON INHERITABLE?
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PARTLY
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IS COMMUNITY PROPERTY INHERITABLE?
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NO
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IS JOINT TENANCY INHERITABLE?
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NO
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DOES A COOPERATIVE BUILDING OCCUPANT HAVE A FREEHOLD ESTATE?
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NO
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IF I DEED A LIFE ESTATE TO YOU BUT I RETAIN A RIGHT AFTER YOUR DEATH, I HAVE WHAT KIND OF INTEREST?
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REVERSIONARY
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IF I DEED A LIFE ESTATE TO YOU, AND YOUR CHILDREN HAVE AN INTEREST AFTER YOUR DEATH, THAT INTEREST IS CALLED A?
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REMAINDER INTEREST
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WHAT IS THE DISTINGUISHING FACTOR IN A JOINT TENANCY?
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RIGHT OF SURVIVORSHIP
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WHEN DID ARIZONA RECOGNIZE TENANCY BY THE ENTIRETY?
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DOES NOT RECOGNIZE
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THE OWNER OF A CONDOMINIUM HAS WHAT KIND OF ESTATE IN THE UNIT?
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FEE
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IN COMMUNITY PROPERTY, WHAT CAN A SPOUSE DO ALONE?
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BUY
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WHAT TYPES OF REAL ESTATE TAXES ARE THERE?
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AD VALOREM & SPECIAL ASSESSMENTS
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WHEN DOES THE REAL ESTATE GENERAL TAX BECOME A LIEN?
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1ST MONDAY IN JANUARY
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WHEN IS THE DEADLINE FOR APPEALS?
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NOVEMBER 1ST
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IF THERE IS A CHANGE IN YOUR ASSESSMENT, WHEN WILL YOU BE NOTIFIED?
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JANUARY OR FEBRUARY
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IF YOU WANT TO CONTEST YOUR TAX ASSESSMENT TO WHOM DO YOU APPEAL?
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COUNTY ASSESSOR
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FIRST PART OF TAX BILL IS DUE?
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OCTOBER 1ST
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WHEN IS THE FIRST PART OF PROPERTY TAX BILL DELINQUENT?
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AFTER NOVEMBER 1ST
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WHEN IS SECOND PART OF TAX BILL DUE?
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MARCH 1ST
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WHEN IS THE SECOND PART OF YOUR TAX BILL DELINQUENT?
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AFTER MAY 1ST
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WHAT IS THE DELINQUENCY PENALTY ON GENERAL TAXES?
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16%
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WHAT MONTH IS THE DELINQUENT TAX PROPERTY SOLD?
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FEBRUARY
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AN OWNER HAS WHAT RIGHT OF REDEMPTION PERIOD?
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3 YEARS PLUS POSSIBLE 2 ADDITIONAL YEARS
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WHEN CAN A TAX PURCHASER TAKE POSSESSION?
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AFTER RECEIVING THE DEED
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