ANSWERS TESTED AND APPROVED NEWLY
MODIFIED EXAM 2025/2026 NEW UPDATE
Contract --ANSWER--A contract (an agreement between parties) can be oral or
written. For there to be a contract, there must be legal consideration to enter into
the contract.
Conveyance --ANSWER--The instrument which creates, assigns, transfers or
surrenders an interest in real property is called a conveyance.
Deponent --ANSWER--me ants the same as affiant. A deponent is a person who
signs the deposition and makes an oath to a written statement.
Deposition --ANSWER--is testimony taken before an authorized official (such
as a notary public). It is taken out of court w/ the intention of using it at a
hearing/trial.
Duress --ANSWER--Exercising unlawful constraint on a person with the
intention of forcing him to do certain acts which may be against the person's
will
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,Escrow --ANSWER--is depositing an instrument w/o a person who on the
occurrence of the event must give the instrument to a designated person. Escrow
is often used during the sale of a building.
Executor --ANSWER--is a person designated (named) in a will to carry out the
instructions of the deceased that are listen in the will
Ex parte (one sided) --ANSWER--A court proceeding is ex parte (one sided)
when it is conducted w/ only one of the parties being present (plaintiff or
defendant)
Felony --ANSWER--A felony is an offense for which a sentence of
imprisonment of more than a year (or death) may be imposed. Imprisonment for
felonies is an a NYS prison.
Guardian --ANSWER--A person in charge of another person's property or
person (usually relates to guardians of minors)
Judgement --ANSWER--Declares the rights of individuals, including that one
party owes money to another and specifying the amount owed. Judgements may
be final or temporary
Jurat --ANSWER--is the section of an affidavit which contains certification of
the notary public that the document was sworn to in front of the notary public.
Example: "sworn to before me this - day of - , 20-"
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,Laches --ANSWER--the negligence or delay in the assertion of a legal right.
The concept of laches may be used as a defense in certain legal proceedings,
such as in proceedings for unpaid rent.
Lease --ANSWER--is a contract regarding the right to the possession of real
property (land or buildings). It is made for consideration (rent, lease payments)
and transfers the right to possession of real property for a period of time
Lien --ANSWER--is the attachment of a legal claim on property until the debt
on the property is satisfied
Litigation --ANSWER--process of pursuing a lawsuit
Misdemeanor --ANSWER--A crime that is not a felony. Misdemeanors are less
serious than felonies and are punishable by a sentence of imprisonment up to
and including a year.
Mortgage on Real Property --ANSWER--A written instrument that is used to
create a lien on real property until the debt is paid
Notary Public --ANSWER--is a public officer who among other things is
authorized to administer oaths and affirmations relating to the truth of
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, statements, and authorized to execute acknowledgments of deeds or writings
which may thereafter be admitted into evidence
Total Commission fee for appointment of notary public --ANSWER--$60 ($20
for filing oath of office - which goes to county clerk) and $40 for appointment
(which goes to secretary of state)
Change of name or Address --ANSWER--$10
Duplicate Identification Card --ANSWER--$10
Filing Certificate of official character --ANSWER--$10
Issuance of Certificate of official character --ANSWER--$5
Authentication Certificate --ANSWER--$3
Oath or affirmation --ANSWER--$2
Acknowledgment (each person) --ANSWER--$2
Proof of execution --ANSWER--$2
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