Prepare for the California Real Estate Exam. Study with flashcards and multiple-choice questions, each question includes hints and explanations. Get ready to ace your exam!

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All of the following instruments are used to convey an interest in real property, except:

  1. Agreement of sale

  2. Bill of sale

  3. Deed

  4. Lease

The correct answer is: Agreement of sale

An agreement of sale is not used to convey an interest in real property; it is a contract between a buyer and a seller outlining the terms and conditions of a real estate transaction. The other options - bill of sale, deed, and lease - are all instruments that are used to convey an interest in real property. A bill of sale is used to transfer personal property, while a deed is used to transfer real property ownership interest. A lease, on the other hand, grants possession and use of real property for a specified period of time.