Practice Quiz

Florida Real Estate Exam

Category - Florida

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All of the following statements are correct concerning the transfer of title to personal property, EXCEPT:

  1. Title to personal property can be transferred by the delivery of possession
  2. The condition of the title to personal property can usually be determined by a study of public records with about the same accuracy as title to real property
  3. Personal property is usually considered to be situated in the domicile of the owner regardless of where the property actually is, and is covered by the law that covers the owner's domicile
  4. A written instrument can be used along with the transfer of personal property, but in many cases, such an instrument is not necessary to the validity of the transfer
Explanation
Answer B - Generally, title to personal property is transferred by a Bill of Sale or Transfer of Possession (e.g., a purchase from a vending machine is a transfer of ownership by a change of possession. Usually there is no document placed in the public schools.

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