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Georgia Real Estate Exam Questions and Answers

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Georgia Real Estate Exam Questions and Answers
Deed ✔✔Document used to transfer title.
Title ✔✔Land+ deed, (who are the owners and what are their rights?)
Real Estate ✔✔Land+appurtenances (right or improvement attached to the land)
Two types of characteristics of land: ✔✔Physical & economic
What are the physical characteristics of land? ✔✔Immovable, indestructible,unique(nonhomogenous)
What are the economic characteristics of land? ✔✔Scarcity, improvable, permanence of
investment; situs
Situs ✔✔Property location

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