WASHINGTON STATE REALESTATE E g g g g
XAM | QUESTIONS & 100%VERIFIED A
g g g g g g
NSWERS | LATEST UPDATE | PASSED
g g g g g
Thegvoluntarygandgpermanentgcessationgofgusegorgenjoymentgwithgnogintentiongtogresum
egorgreclaimgone'sgpossessiongorginterest.gMaygpertaingtogangeasementgorgagproperty.
CorrectgAnswer: Abandonment
Tenantsgcannotgsigngawaygtheirgrightsgingadvancegofgsigninggtheglease.
CorrectgAnswer: Abrogation
Agcondensedgversiongofgtheghistorygofgtitlegtogagparticulargparcelgofgrealgestategasgrecor
dedgingthegcountygclerk'sgrecords;gconsistsgofgagsummarygofgthegoriginalggrantgandgallgs
ubsequentgconveyancesgandgencumbrancesgaffectinggthegproperty.
CorrectgAnswer: AbstractgofgTitle
Thegjoining,greaching,gorgtouchinggofgadjoininggland.gAbuttinggparcelsgofglandghavegagco
mmongboundary.
CorrectgAnswer: Abutting
Agmethodgofgcalculatinggforgtaxgpurposesgthegdepreciationgofgincomegpropertygatgagfaster
ratgthangwouldgbegachievedgusinggthegstraight-linegmethod.gNote**ganygdepreciation
g
1
,takengingexcessgofgthatgwhichgwouldgbegclaimedgusinggthegstraight-
linegrategisgsubjectgtogrecapturegasgordinarygincomegtogthegextentgofggaingresultinggfromgt
hegsale.
CorrectgAnswer: AcceleratedgDepreciation
Agprovisiongingagwrittengmortgage,gnote,gbond,gorgconditionalgsalesgcontractgthat,gingtheg
eventgofgagdefault,gthegwholegamountgofgprincipalgandginterestgmaygbegdeclaredgtogbegdu
egangpayablegatgonce.
CorrectgAnswer: AccelerationgClause
Angincreasegorgadditiongtoglandgbygthegdepositgofgsandgorgsoilgwashedgupgnaturallygfromg
agriverglakegorgsea.
CorrectgAnswer: Accretion
Thegactualgdepreciationgthatghasgoccurredgtogagpropertygatganyggivengdate;gthegdifferenc
egbetweengthegcostgofgreplacementgnewg(asgofgthegdategofgappraisal)gandgthegpresentga
ppraisedgvalue.
CorrectgAnswer: AccruedgDepreciation
Agdeclarationgmadegbygagpersongtogagnotarygpublic,gorgothergpublicgofficialgauthorizedgtog
takegacknowledgmentsgthatganginstrumentgwasgexecutedgbygthatgpersongasgagfreegandg
voluntarygact.
CorrectgAnswer: Acknowledgment
,2
, Thegresultgofglegalgactiongoriginatedgbygaglessor,gwherebygagdefaultedgtenantgisgphysicall
ygoustedgfromgthegrentedgpropertygpursuantgtogagcourtgorder.
CorrectgAnswer: ActualgEviction
Expressginformationgorgfact;gthatgwhichgisgknow;gactualgknowledge.
CorrectgAnswer: ActualgNotice
Agmortgagegingwhichgtheginterestgrategchangesgatgpredeterminedgintervals.gThegmortgag
eghasgcaps,gorgagceiling,gthatglimitsgthegamountgitgcangchangegatgthegpredeterminedginter
vals.
CorrectgAnswer: Adjustable-rategMortgage
Thegpartygappointedgbygthegcountygcourtgtogsettlegthegestategofgagdeceasedgpersongwhog
diedgwithoutgleavinggagwill.
CorrectgAnswer: Administrator
Agtaxgleviedgaccordinggtogvalue;ggenerallygusedgtogrefergtogrealgestategtax.gAlsogcalledgth
eggeneralgtax.
CorrectgAnswer: AdgValoremgTax
Thegrightgofgangoccupantgofglandgtogacquiregtitlegagainstgthegrealgowner,gwheregposses
sionghasgbeengactual,gcontinuous,ghostile,gvisible,gandgdistinctgforgthegstatutorygperiod.
3
XAM | QUESTIONS & 100%VERIFIED A
g g g g g g
NSWERS | LATEST UPDATE | PASSED
g g g g g
Thegvoluntarygandgpermanentgcessationgofgusegorgenjoymentgwithgnogintentiongtogresum
egorgreclaimgone'sgpossessiongorginterest.gMaygpertaingtogangeasementgorgagproperty.
CorrectgAnswer: Abandonment
Tenantsgcannotgsigngawaygtheirgrightsgingadvancegofgsigninggtheglease.
CorrectgAnswer: Abrogation
Agcondensedgversiongofgtheghistorygofgtitlegtogagparticulargparcelgofgrealgestategasgrecor
dedgingthegcountygclerk'sgrecords;gconsistsgofgagsummarygofgthegoriginalggrantgandgallgs
ubsequentgconveyancesgandgencumbrancesgaffectinggthegproperty.
CorrectgAnswer: AbstractgofgTitle
Thegjoining,greaching,gorgtouchinggofgadjoininggland.gAbuttinggparcelsgofglandghavegagco
mmongboundary.
CorrectgAnswer: Abutting
Agmethodgofgcalculatinggforgtaxgpurposesgthegdepreciationgofgincomegpropertygatgagfaster
ratgthangwouldgbegachievedgusinggthegstraight-linegmethod.gNote**ganygdepreciation
g
1
,takengingexcessgofgthatgwhichgwouldgbegclaimedgusinggthegstraight-
linegrategisgsubjectgtogrecapturegasgordinarygincomegtogthegextentgofggaingresultinggfromgt
hegsale.
CorrectgAnswer: AcceleratedgDepreciation
Agprovisiongingagwrittengmortgage,gnote,gbond,gorgconditionalgsalesgcontractgthat,gingtheg
eventgofgagdefault,gthegwholegamountgofgprincipalgandginterestgmaygbegdeclaredgtogbegdu
egangpayablegatgonce.
CorrectgAnswer: AccelerationgClause
Angincreasegorgadditiongtoglandgbygthegdepositgofgsandgorgsoilgwashedgupgnaturallygfromg
agriverglakegorgsea.
CorrectgAnswer: Accretion
Thegactualgdepreciationgthatghasgoccurredgtogagpropertygatganyggivengdate;gthegdifferenc
egbetweengthegcostgofgreplacementgnewg(asgofgthegdategofgappraisal)gandgthegpresentga
ppraisedgvalue.
CorrectgAnswer: AccruedgDepreciation
Agdeclarationgmadegbygagpersongtogagnotarygpublic,gorgothergpublicgofficialgauthorizedgtog
takegacknowledgmentsgthatganginstrumentgwasgexecutedgbygthatgpersongasgagfreegandg
voluntarygact.
CorrectgAnswer: Acknowledgment
,2
, Thegresultgofglegalgactiongoriginatedgbygaglessor,gwherebygagdefaultedgtenantgisgphysicall
ygoustedgfromgthegrentedgpropertygpursuantgtogagcourtgorder.
CorrectgAnswer: ActualgEviction
Expressginformationgorgfact;gthatgwhichgisgknow;gactualgknowledge.
CorrectgAnswer: ActualgNotice
Agmortgagegingwhichgtheginterestgrategchangesgatgpredeterminedgintervals.gThegmortgag
eghasgcaps,gorgagceiling,gthatglimitsgthegamountgitgcangchangegatgthegpredeterminedginter
vals.
CorrectgAnswer: Adjustable-rategMortgage
Thegpartygappointedgbygthegcountygcourtgtogsettlegthegestategofgagdeceasedgpersongwhog
diedgwithoutgleavinggagwill.
CorrectgAnswer: Administrator
Agtaxgleviedgaccordinggtogvalue;ggenerallygusedgtogrefergtogrealgestategtax.gAlsogcalledgth
eggeneralgtax.
CorrectgAnswer: AdgValoremgTax
Thegrightgofgangoccupantgofglandgtogacquiregtitlegagainstgthegrealgowner,gwheregposses
sionghasgbeengactual,gcontinuous,ghostile,gvisible,gandgdistinctgforgthegstatutorygperiod.
3
