Question
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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