PSI NATIONAL EXAM FOR REAL
ESTATE FINAL EXAM QUESTIONS
WITH CORRECT SOLUTIONS||100%
GUARANTEED PASS||ALREADY A+
GRADED||UPDATED 2026/2027
SYLLABUS||<<LATEST VERSION>>
The party conveying title is known as the - ANSWER ✓ grantor
Administrator's deed, executor's deed, and sheriff's deed are all what type of deed?
- ANSWER ✓ Specialty Deed
The covenant in a general warranty deed that ensures the owner with full
possession of the title is - ANSWER ✓ Seizen
True or False
The Habendum Clause specifies the type of estate being transferred - ANSWER ✓
True
The acquisition of title to property by possession of the property for a statutory
number of years is
called - ANSWER ✓ adverse possession
Which clause in a deed contains the actual words of conveyance? - ANSWER ✓
granting clause
Eminent Domain, Escheat, and Adverse Possession are what kind of transfer? -
ANSWER ✓ Involuntary
The government exercises its right of eminent domain through a court action
known as - ANSWER ✓ condemnation
,When a testator dies his will must go through a court proceeding called -
ANSWER ✓ probate
An addition to an existing will is called a: - ANSWER ✓ codicil
A will that is written by the testator and in his own handwriting, dated and signed
by him is known as a - ANSWER ✓ holographic will
A person who is appointed by the court to carry out the terms of a will is a/an: -
ANSWER ✓ administrator
A will which is prepared by an attorney, witnessed and signed is known as a -
ANSWER ✓ statutory will
If one of the owners in a joint tenancy or tenancy in common wishes to force the
sale of the property, he does so through: - ANSWER ✓ partition suit
When an owner dies without leaving a will and without heirs, his property reverts
to the state. The term for this is: - ANSWER ✓ escheat
A person who inherits property in a will is known as a: - ANSWER ✓ legatee
A person who dies leaving a will is said to have died testate. A person dying
without a will is said to
have died - ANSWER ✓ intestate
Which clause in the deed identifies the grantor and the grantee, often including
their addresses? - ANSWER ✓ vesting clause
The husband's interest in his wife's estate is called - ANSWER ✓ curtesy
A will usually names a person to carry out the instructions of the will. This person
is called the - ANSWER ✓ executor
First hand information regarding a property is known as - ANSWER ✓ actual
notice
, The gradual increase in the size of a property as the result of some natural process
is called accretion. The land deposited by this process is called - ANSWER ✓
alluvion
Acquiring property through natural or artificial causes, or acts of God is a type of
involuntary transfer which is called - ANSWER ✓ accession
Filing documents in the public records at the court house is considered to be what
type of notice? - ANSWER ✓ constructive
A brief summary of all recorded instruments which have affected the title to a
property is called
a/an - ANSWER ✓ abstract of title
Recording a transfer of property in the public records at the court house is known
as - ANSWER ✓ constructive notice
When a title company has made a payment to settle a claim covered by a policy,
the title company then has a right to any remedy or damages available to the
insured. This is called - ANSWER ✓ subrogation
True or False
A quitclaim deed is sometimes used to clear title defects. - ANSWER ✓ True
A statement saying that a person signing the document has done so of his own free
will and that he is the person whose signature appears on the document is a/an -
ANSWER ✓ acknowledgment
True or False
Information about a property that is hand delivered to an interested party would be
considered as giving actual notice. - ANSWER ✓ True
An insurance policy which protects the lender for the amount of the loan as to
problems with the title to the property is called a - ANSWER ✓ mortgagee's
policy
True or False
An Attorney's Opinion is based on the Abstract of Title. - ANSWER ✓ True
, The gradual exposure of land behind a receding waterline is called - ANSWER ✓
reliction
True or False
The method by which improvements or personal property become real property is
through
attachment. - ANSWER ✓ True
A continuous linking of owners stretching back to the first owner or the original
land grant is called
a/an - ANSWER ✓ chain of title
Mortgagee title policies protect against _________ loss? - ANSWER ✓ lenders
Title insurance generally covers defects that - ANSWER ✓ are in the public
records
A person occupies a property which he does not own for the prescribed number of
years as set by state law with no objection from any other party. He can claim
ownership of the property through - ANSWER ✓ adverse possession
A summary report of what was found in the public records when the title search is
done, beginning
with the original owner and giving a chronological list of all recorded instruments
including liens
and encumbrances is a - ANSWER ✓ abstract of title
A deed must be signed by the - ANSWER ✓ grantor
A Bargain and Sale Deed with Covenant is equivalent to a - ANSWER ✓ special
warranty deed
The method by which personal property becomes real property is - ANSWER ✓
attachment
ESTATE FINAL EXAM QUESTIONS
WITH CORRECT SOLUTIONS||100%
GUARANTEED PASS||ALREADY A+
GRADED||UPDATED 2026/2027
SYLLABUS||<<LATEST VERSION>>
The party conveying title is known as the - ANSWER ✓ grantor
Administrator's deed, executor's deed, and sheriff's deed are all what type of deed?
- ANSWER ✓ Specialty Deed
The covenant in a general warranty deed that ensures the owner with full
possession of the title is - ANSWER ✓ Seizen
True or False
The Habendum Clause specifies the type of estate being transferred - ANSWER ✓
True
The acquisition of title to property by possession of the property for a statutory
number of years is
called - ANSWER ✓ adverse possession
Which clause in a deed contains the actual words of conveyance? - ANSWER ✓
granting clause
Eminent Domain, Escheat, and Adverse Possession are what kind of transfer? -
ANSWER ✓ Involuntary
The government exercises its right of eminent domain through a court action
known as - ANSWER ✓ condemnation
,When a testator dies his will must go through a court proceeding called -
ANSWER ✓ probate
An addition to an existing will is called a: - ANSWER ✓ codicil
A will that is written by the testator and in his own handwriting, dated and signed
by him is known as a - ANSWER ✓ holographic will
A person who is appointed by the court to carry out the terms of a will is a/an: -
ANSWER ✓ administrator
A will which is prepared by an attorney, witnessed and signed is known as a -
ANSWER ✓ statutory will
If one of the owners in a joint tenancy or tenancy in common wishes to force the
sale of the property, he does so through: - ANSWER ✓ partition suit
When an owner dies without leaving a will and without heirs, his property reverts
to the state. The term for this is: - ANSWER ✓ escheat
A person who inherits property in a will is known as a: - ANSWER ✓ legatee
A person who dies leaving a will is said to have died testate. A person dying
without a will is said to
have died - ANSWER ✓ intestate
Which clause in the deed identifies the grantor and the grantee, often including
their addresses? - ANSWER ✓ vesting clause
The husband's interest in his wife's estate is called - ANSWER ✓ curtesy
A will usually names a person to carry out the instructions of the will. This person
is called the - ANSWER ✓ executor
First hand information regarding a property is known as - ANSWER ✓ actual
notice
, The gradual increase in the size of a property as the result of some natural process
is called accretion. The land deposited by this process is called - ANSWER ✓
alluvion
Acquiring property through natural or artificial causes, or acts of God is a type of
involuntary transfer which is called - ANSWER ✓ accession
Filing documents in the public records at the court house is considered to be what
type of notice? - ANSWER ✓ constructive
A brief summary of all recorded instruments which have affected the title to a
property is called
a/an - ANSWER ✓ abstract of title
Recording a transfer of property in the public records at the court house is known
as - ANSWER ✓ constructive notice
When a title company has made a payment to settle a claim covered by a policy,
the title company then has a right to any remedy or damages available to the
insured. This is called - ANSWER ✓ subrogation
True or False
A quitclaim deed is sometimes used to clear title defects. - ANSWER ✓ True
A statement saying that a person signing the document has done so of his own free
will and that he is the person whose signature appears on the document is a/an -
ANSWER ✓ acknowledgment
True or False
Information about a property that is hand delivered to an interested party would be
considered as giving actual notice. - ANSWER ✓ True
An insurance policy which protects the lender for the amount of the loan as to
problems with the title to the property is called a - ANSWER ✓ mortgagee's
policy
True or False
An Attorney's Opinion is based on the Abstract of Title. - ANSWER ✓ True
, The gradual exposure of land behind a receding waterline is called - ANSWER ✓
reliction
True or False
The method by which improvements or personal property become real property is
through
attachment. - ANSWER ✓ True
A continuous linking of owners stretching back to the first owner or the original
land grant is called
a/an - ANSWER ✓ chain of title
Mortgagee title policies protect against _________ loss? - ANSWER ✓ lenders
Title insurance generally covers defects that - ANSWER ✓ are in the public
records
A person occupies a property which he does not own for the prescribed number of
years as set by state law with no objection from any other party. He can claim
ownership of the property through - ANSWER ✓ adverse possession
A summary report of what was found in the public records when the title search is
done, beginning
with the original owner and giving a chronological list of all recorded instruments
including liens
and encumbrances is a - ANSWER ✓ abstract of title
A deed must be signed by the - ANSWER ✓ grantor
A Bargain and Sale Deed with Covenant is equivalent to a - ANSWER ✓ special
warranty deed
The method by which personal property becomes real property is - ANSWER ✓
attachment
