{"id":117683,"date":"2023-08-31T12:51:22","date_gmt":"2023-08-31T12:51:22","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=117683"},"modified":"2023-08-31T12:51:24","modified_gmt":"2023-08-31T12:51:24","slug":"test-bank-for-real-estate-finance-investments-17th-edition-by-brueggeman","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/08\/31\/test-bank-for-real-estate-finance-investments-17th-edition-by-brueggeman\/","title":{"rendered":"Test Bank for Real Estate Finance &amp; Investments, 17th Edition by Brueggeman"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">CHAPTER 01 \u2013 17e<br>1) If a lender is to repossess or bring about the sale of a property if the borrower defaults on<br>the mortgage loan, the lender is said to have a <strong><em><strong><em>_<\/em><\/strong> in the real estate.<br>A) freehold interest<br>B) lease interest<br>C) secured interest<br>D) quitclaim<br>2) A(n) <strong><em>_<\/em><\/strong><\/em><\/strong> estate represents the most complete form of ownership of real estate;<br>the owner is free to divide it up into lesser estates and sell, lease, or borrow against them as he or<br>she wishes.<br>A) fee simple<br>B) freehold<br>C) leasehold<br>D) life<br>3) Mr. Smith has allowed Mrs. Jones to run a sewer line through Mr. Smith&#8217;s backyard so<br>that Mrs. Jones has access to the city sewer system. This is an example of a(n):<br>A) easement.<br>B) encumbrance.<br>C) estate for years.<br>D) title assurance.<br>4) Which type of deed offers the grantee the MOST protection?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A) Quitclaim deed<br>B) Special warranty deed<br>C) General warranty deed<br>D) Officer&#8217;s deed<br>5) What term BEST describes a person that owns a property and is conveying title to the<br>property to another person?<br>A) Mortgagor<br>B) Grantor<br>C) Mortgagee<br>D) Grantee<br>6) What type of estate lasts for an indefinite period of time?<br>A) Freehold estate<br>B) Estate from year-to-year<br>C) Leasehold estate<br>D) Estate for years<br>7) Which of the following is NOT a good method of title assurance?<br>A) Seller provides a warranty in the deed<br>B) An attorney searches recorded documents<br>C) Title insurance is purchased<br>D) Seller provides a quitclaim deed<a href=\"https:\/\/learnexams.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/learnexams.com\/<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHAPTER 01 \u2013 17e1) If a lender is to repossess or bring about the sale of a property if the borrower defaults onthe mortgage loan, the lender is said to have a _ in the real estate.A) freehold interestB) lease interestC) secured interestD) quitclaim2) A(n) _ estate represents the most complete form of ownership of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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