Gold Coast final
exam with correct
answers 2025
actual notice CORRECT ANSWERS own it
Constructive notice CORRECT ANSWERS record something in public records
How Is Real Estate Recovery Funded ? CORRECT ANSWERS by fees & fines
Eminent Domain CORRECT ANSWERS government has right to take away public use citizens
can't refuse to sell)
immune properties CORRECT ANSWERS government owned
lot & block CORRECT ANSWERS residential sub-division surgery system
, Metes and Bounds CORRECT ANSWERS oldest method of land description & provides the most
accurate type of legal descriptions
What does the Real estate recovery fund do ? CORRECT ANSWERS reimburse members of the
public
what is a township... CORRECT ANSWERS a township is 6 miles square contains 36 square miles
Each township contains ____ acres CORRECT ANSWERS 640 acres
How many square feet are in an acre? CORRECT ANSWERS 43,560
kickbacks are illegal unless.. CORRECT ANSWERS someone has a licensed
Offer and Acceptance CORRECT ANSWERS Meeting of the minds or mutual agreement- all
parties concerned understand and agree to all the terms of the contract
Overimprovement CORRECT ANSWERS An addition or change to property not in line with its
highest and best use
statue of frauds CORRECT ANSWERS provides protection against fraud in the sale of real
property. requires contract for the transfer of a right or interest in land
statute of limitations (oral contracts) CORRECT ANSWERS if contract is entirely oral, action must
be brought within 4 years
exam with correct
answers 2025
actual notice CORRECT ANSWERS own it
Constructive notice CORRECT ANSWERS record something in public records
How Is Real Estate Recovery Funded ? CORRECT ANSWERS by fees & fines
Eminent Domain CORRECT ANSWERS government has right to take away public use citizens
can't refuse to sell)
immune properties CORRECT ANSWERS government owned
lot & block CORRECT ANSWERS residential sub-division surgery system
, Metes and Bounds CORRECT ANSWERS oldest method of land description & provides the most
accurate type of legal descriptions
What does the Real estate recovery fund do ? CORRECT ANSWERS reimburse members of the
public
what is a township... CORRECT ANSWERS a township is 6 miles square contains 36 square miles
Each township contains ____ acres CORRECT ANSWERS 640 acres
How many square feet are in an acre? CORRECT ANSWERS 43,560
kickbacks are illegal unless.. CORRECT ANSWERS someone has a licensed
Offer and Acceptance CORRECT ANSWERS Meeting of the minds or mutual agreement- all
parties concerned understand and agree to all the terms of the contract
Overimprovement CORRECT ANSWERS An addition or change to property not in line with its
highest and best use
statue of frauds CORRECT ANSWERS provides protection against fraud in the sale of real
property. requires contract for the transfer of a right or interest in land
statute of limitations (oral contracts) CORRECT ANSWERS if contract is entirely oral, action must
be brought within 4 years
