Virginia State Real Estate Exam Practice Question
Probate is required before real property can transfer
Correct Answer: A
Rationale: Probate is a legal process that validates a deceased person's will and ensures their assets, including real property, are distributed according to their wishes. This process is essential for transferring property to heirs, as it confirms their legal right to inherit.
Option B is incorrect; the use of an FHA loan does not necessitate probate, as loans are separate from the estate distribution process. Option C is also incorrect; divorce settlements can transfer property without probate, as marital assets are divided based on agreements or court orders. Thus, probate specifically pertains to the transfer of property to heirs.
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