Assets include all of the following except:

a. real property.
b. personal property.
c. real and personal property owned jointly.
d. outstanding mortgages.


d. outstanding mortgages.

Legal Studies & Paralegal

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A paralegal must work under ___________ supervision of a licensed attorney.

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal

If a life tenant leases the subject property to a third party for a 5-year term, and the life tenant dies two years before the lease term ends, the lease terminates:

a. Upon the death of the life tenant b. At the end of the five-year lease term c. After the property owner files suit to terminate the lease d. None of the above

Legal Studies & Paralegal

Appeals from orders of the Supreme, Family, and Surrogate’s Courts are taken to the ___________________________.

Fill in the blank(s) with the appropriate word(s).

Legal Studies & Paralegal

A type of deed in which the grantor makes no representations is a:

a. quitclaim deed. b. warranty deed. c. grant deed. d. None of the above e. All of the above

Legal Studies & Paralegal