Real Estate Fl Exam 2023 89 Practice Questions And Answer

The guarantee in which the seller provides assurance that he owns the property and therefore has the right to sell it is called the covenant of {Ans: seisin}A joint tenant who wants to sell their share of a property {Ans: may do so but the new owners will be tenants in common}Which real property interest applies to ownership of land? {Ans: tenancy in common}The legal relief in equity action in which the plaintiff seeks to have the court force the other party to perform according to the contract is called a suit for {Ans: specific performance}The US Department of Housing and Urban Development (HUD) has_____ to begin work on a complaint made by an aggrieved person under the Fair Housing Rights act. {Ans: 30 days}A good indicator of the relationship between supplyand-demand in the residential market is {Ans: the vacancy rate}