Real Estate Law Quiz
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Questions and Answers

In the case of Juan Carlos and Jamie's property, can Jamie succeed in forcing the sale of the home?

  • No, because a tenancy by the entirety can be severed.
  • No, because a tenancy by the entirety cannot be severed. (correct)
  • Yes, because any interest holder can succeed on a petition for partition.
  • Yes, because Juan Carlos refuses to sell.

Can Amy enforce the verbal agreement with the Smiths for purchasing the 20 acres of land?

  • No, because the land survey may change the agreed price.
  • Yes, because verbal agreements are legally binding in real estate transactions.
  • Yes, because she has a witness to the agreement.
  • No, because the agreement should have been in writing to be enforceable. (correct)

What type of property agreement do Juan Carlos and Jamie have?

  • Community property
  • Joint tenancy
  • Tenancy by the entirety (correct)
  • Tenancy in common

What is the significance of Route 1 in the context of the land sale between Amy and the Smiths?

<p>It may impact the access and utilities available for the land. (B)</p> Signup and view all the answers

What is the purpose of the land survey mentioned in the agreement between Amy and the Smiths?

<p>To establish the exact acreage of the parcel being sold. (C)</p> Signup and view all the answers

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