1.An easement by necessity is terminated when the necessity ends.

Group of answer choices

True

False

2. A possibility of reverter is the future interest that follows a life estate.

Group of answer choices

True

False

3. A quitclaim deed must specify what interest is being transferred in order to be valid.

Group of answer choices

True

False

4. A warranty deed:

Group of answer choices

provides title to the land being conveyed if that title exists.

guarantees that the grantor can pass title.

need not be signed by the grantor.

guarantees that title insurance is available for coverage.

5. In general, a mortgagor is under a duty to:

Group of answer choices

make improvements to the mortgaged property.

insure the property.

pay taxes and assessments on the property.

reimburse the mortgagee for expenditures made by the mortgagee for valuable and lasting improvements.

6. Mechanic's liens do not apply to real property.

Group of answer choices

True

False

7. O conveys title to A on Day 1.

O conveys title to the same land to B on Day 2.

B records on Day 3.

A records on Day 4.

Who has title to the property under a race-notice statute?

Group of answer choices

A

B

A and B share joint title

O retains title

8."To my wife for life and then to my children" is an example of:

a fee simple defeasible.

a fee simple.

a life estate and a remainder.

a future interest estate.