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Free property ownership, deeds and valuation practice test

Ownership and valuation questions reward careful reading. A single word — joint, several, general, special — changes the answer completely.

  • A general warranty deed carries the broadest covenants; a quitclaim carries none.
  • Liens attach to property; encumbrances are broader and include easements and restrictions.
  • The three approaches to value are sales comparison, cost, and income — know which fits which property.

Read the full ownership & valuation explainer first →