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GEORGIA REAL ESTATE EXAM WITH 260+ QUESTIONS & CORRECT ANSWERS LATEST 2025

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GEORGIA REAL ESTATE EXAM WITH 260+ QUESTIONS & CORRECT ANSWERS LATEST 2025

Institution
GEORGIA REAL ESTATE
Course
GEORGIA REAL ESTATE

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GEORGIA REAL ESTATE EXAM WITH 260+
QUESTIONS & CORRECT ANSWERS LATEST 2025



personal property - ANSWER-are the items the seller can load into the van when
moving after the sale


chattels personal - ANSWER-refers to cars, boats, furniture, clothes, stocks, money
and tools


chattels real - ANSWER-items that extend to owner an interest in real property;
leases, mortgages, contracts to purchase and options


deed - ANSWER-is how real property is transferred


bill of sale - ANSWER-how personal property is transferred


real estate - ANSWER-consists of land itself plus those things which are
permanently attached to the land by man (buildings) or nature (trees)


real property - ANSWER-it not only includes those things permanently attached
but also the legal rights and interests that go along with ownership


appurtenance - ANSWER-any right, interest, or improvement which automatically
conveys with the ownership of the property


run with the land - ANSWER-rights and responsibilities which automatically
convey

,land - ANSWER-starts at the earth's center and passes through the surface and
extends into space above the surface to an indefinite height


tenements - ANSWER-are things that permanently attached to the land; physically
or legally and are immovable by law


fructus naturales - ANSWER-those grown naturally and requiring no annual
cultivation; are considered to be real property


fructus industriales - ANSWER-emblements; crops that are planted and harvested
each year


improvements - ANSWER-any product of human planning or labor that is affixed
to the land with the intent of being permanent


percolating water - ANSWER-underground water that is not confined to a specific
waterway


water table - ANSWER-the level at which percolating water is found


riparian rights - ANSWER-concern those properties that border a river or stream
and the owner has the right to use the water for such things as swimming, boating
or fishing. rights are not exclusive because the rights of other owners whose
properties border the same waterway must be respected


correlative rights - ANSWER-allows the owner only a reasonable share of the
water during times of short supply

,prior appropriation - ANSWER-the right to use is secured by a permit


navigable waters - ANSWER-rivers and oceans used for commercial shipping and
are identified on government survey maps


littoral rights - ANSWER-properties which border large navigable lakes, oceans, or
seas and typically involve the use and enjoyment of the shore


mineral rights - ANSWER-land owner rights to such things as coal, oil, gas and
ores


right of lateral support - ANSWER-protects adjoining land from being damaged by
efforts to extract minerals from below


law of capture - ANSWER-refers to the process of removing oil and gas from land


air rights - ANSWER-space above the land; may bee sold or leased separately from
the land itself


severance - ANSWER-the process by which an item of real property becomes
personal property


fixture - ANSWER-a property that was once personal becomes real property; such
as built in appliances


economic life - ANSWER-real estate investors are not generally interested in how
long buildings will last, but in how long they will be profitable

, scarcity - ANSWER-the fact that an acre of land in a rural area cannot fulfill as
many needs as an acre of urban land describes the economic characteristic


legal description - ANSWER-used to identify the property in such a way that it
cannot be mistaken for any other parcel of land and can be found at a later date in
spite of changes that may occur


spot survey - ANSWER-The survey a buyer receives at closing is called a
__________.


plat of survey - ANSWER-A _______________ is a map or drawing that shows
the location and boundaries of a land parcel, and in some cases, how the land is
subdivided into lots.


metes and bound - ANSWER-method of legal description identifies the parcel of
land by describing its boundaries. Metes ( are distances and directions), Bounds
(are landmarks or monuments that serve as markers each time the distance and
direction must change)compass directions; must have a point of beginning and
must return back to the point of beginning by closure


natural monuments - ANSWER-trees and rocks


artificial monuments - ANSWER-are stakes, metal pins, concrete markers, roads,
fences


bearings - ANSWER-are shown in degrees, minutes, and seconds. there are 360
degrees in a circle; each degree is divided into 60 minutes, and each minute into 60
seconds

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GEORGIA REAL ESTATE
Course
GEORGIA REAL ESTATE

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