NC Real Estate Exam Chapter 1 Questions and Answers Graded A+
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Course
NC Real Estate
Institution
NC Real Estate
broker acts as an agent who negotiates the sale, purchase, or rental of property on behalf of
others for a fee or commission
chattel items of personal property (and are therefore movable)
real property the land, everything that is permanenty attached to the land, and everything that
is appurten...
NC Real Estate Exam Chapter 1 Questions and Answers Graded A+ broker ✔✔acts as an agent who negotiates the sale, purchase, or rental of property on behalf of others for a fee or commission chattel ✔✔items of personal property (and are therefore movable) real property ✔✔the land, everything that is permanenty attached to the land, and everything that is appurtenant to (or goes with) that land person al property (personalty) ✔✔considered to be all property that does not fit the definition of real property. Movable. Referred to as chattels land ✔✔the earth's surface extending downward to the center of the earth and upward to infinity, including things permanently attached by nature, such as trees and water real estate (realty) ✔✔land at, above and below the earth's surface, including all things permanently attached to it, whether natural or artificial.
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