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83.The deed to real property must have a legal description including the metes and bounds. True False 84.A limited liability partnership limits liability to the

83.The deed to real property must have a legal description including the metes and bounds.

True

False

84.A limited liability partnership limits liability to the actual partner and not the others and is generally used by professionals.

True

False

85.Some types of franchises include car dealerships and fast food restaurants.

True

False

86.Undue influence, if proven, can void the will and the effect could that the decedent died without a will.

True

False

87.A lien is an encumbrance on property to satisfy a debt.

True

False

88.The term fiduciary is at the heart of agency law.

True

False

89A title search is done prior to a real estate closing to insure there are no liens or other encumbrances on the property.

True

False

90A lease is a contract in which a landlord and tenant are parties giving the tenant only possessory rights and not ownership.

True

False

91.A conveyance of real property by " to A for his life" is an example of a life estate.

True

False

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