**Question 1.** Which of the following best defines personal property?
A) Property that is fixed to the earth and cannot be moved
B) Property that is intangible and includes stocks and bonds
C) Property that can be moved without changing its character
D) Property that is always owned in fee simple
Answer: C
Explanation: Personal property is movable property, such as furniture or equipment, that retains its
identity when moved.
**Question 2.** The “bundle of rights” associated with real property does NOT include which of the
following?
A) Right of possession
B) Right of exclusion
C) Right of taxation
D) Right of disposition
Answer: C
Explanation: Taxation is an obligation imposed by government, not a proprietary right held by the
owner.
**Question 3.** An easement that benefits a particular parcel of land rather than a named individual is
called:
A) Easement in gross
B) Appurtenant easement
C) Prescriptive easement
D) License
Answer: B
Explanation: An appurtenant easement runs with the land and benefits the dominant estate.
,UOG Real Estate State Ultimate Exam
**Question 4.** Which type of lien is created without the consent of the property owner?
A) Mortgage lien
B) Tax lien
C) Mechanic’s lien
D) All of the above
Answer: D
Explanation: All listed liens can be involuntary; a tax lien is imposed by the government, a mechanic’s
lien by contractors, and a mortgage lien may be recorded without owner’s consent if foreclosed.
**Question 5.** A life estate terminates when:
A) The fee simple owner dies
B) The life tenant reaches a specified age
C) The measuring life ends
D) The property is sold
Answer: C
Explanation: A life estate is measured by the life of a specified person; it ends at that person’s death.
**Question 6.** Which of the following is a characteristic of a fee simple absolute?
A) It automatically reverts to the state upon death
B) It is limited to a fixed term of years
C) It includes the greatest possible bundle of rights
D) It must be transferred by a will
Answer: C
Explanation: Fee simple absolute is the most complete ownership interest, containing all rights of
possession, use, and disposition.
,UOG Real Estate State Ultimate Exam
**Question 7.** In a joint tenancy, the right of survivorship means:
A) Each tenant owns an undivided interest that passes to heirs
B) Upon death of a tenant, the interest passes to the remaining joint tenants
C) The property must be sold upon the death of any tenant
D) The surviving tenants must pay estate taxes
Answer: B
Explanation: Joint tenancy includes the right of survivorship; the deceased’s share automatically
transfers to the surviving joint tenants.
**Question 8.** Tenancy in common differs from joint tenancy because:
A) It includes the right of survivorship
B) Each tenant’s share can be unequal and transferred independently
C) It requires all tenants to be married
D) It is only allowed for commercial properties
Answer: B
Explanation: Tenancy in common allows unequal shares and each co-owner can convey their interest
without affecting the others.
**Question 9.** Community property is recognized in Georgia?
A) Yes, for all married couples
B) Only for couples who file joint tax returns
C) No, Georgia follows common law ownership
D) Only for couples who own agricultural land
Answer: C
Explanation: Georgia is a common-law state and does not recognize community property.
, UOG Real Estate State Ultimate Exam
**Question 10.** A “metes and bounds” description is most useful for:
A) Large, regularly shaped parcels in the Midwest
B) Irregularly shaped parcels with historical boundaries
C) Subdivisions created after 1970
D) Urban condominium units
Answer: B
Explanation: Metes and bounds uses physical landmarks and measurements, ideal for irregular historic
parcels.
**Question 11.** The rectangular survey system is primarily used in:
A) The original 13 colonies
B) The Public Land Survey System states west of the Appalachians
C) Coastal regions of Florida
D) All states for tax purposes
Answer: B
Explanation: The PLSS (rectangular survey) was adopted for lands surveyed after the Land Ordinance of
1785, mainly west of the original colonies.
**Question 12.** Which of the following is NOT a source of police power?
A) Zoning ordinances
B) Eminent domain
C) Health and safety regulations
D) Building codes
Answer: B
Explanation: Eminent domain is a governmental power of taking, not police power, which regulates
behavior for health, safety, and welfare.