Wisconsin Real Estate License Property Laws & Regulations 2

Question 1

In Wisconsin, which type of property ownership automatically includes the right of survivorship between spouses?

Accepted Answer

Survivorship marital property

Answer

Tenancy in common

Answer

Joint tenancy with a business partner

Answer

Sole ownership

Question 2

Under Wisconsin law, a valid deed conveying real estate must be signed by whom?

Accepted Answer

The grantor

Answer

The grantee only

Answer

Both grantor and grantee

Answer

The county register of deeds

Question 3

What is the primary purpose of recording a deed at the Wisconsin Register of Deeds office?

Accepted Answer

To provide constructive notice to third parties

Answer

To transfer legal title

Answer

To calculate property taxes

Answer

To satisfy the mortgage

Question 4

In Wisconsin, an easement that benefits a neighboring parcel of land is known as an easement:

Accepted Answer

Appurtenant

Answer

In gross

Answer

By necessity only

Answer

By estoppel

Question 5

Which Wisconsin document must a seller of residential property typically provide to a buyer disclosing the property's condition?

Accepted Answer

Real Estate Condition Report

Answer

Warranty of habitability

Answer

Certificate of occupancy

Answer

Title commitment

Question 6

A Wisconsin property owner who allows another person to openly use their land continuously for 20 years may lose rights through:

Accepted Answer

Adverse possession

Answer

Eminent domain

Answer

Escheat

Answer

Foreclosure

Question 7

In Wisconsin, when a person dies without a will and no heirs can be found, the property passes to the state through:

Accepted Answer

Escheat

Answer

Adverse possession

Answer

Partition

Answer

Condemnation