100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
ASREB Exam prep A-1 (gray packet) Solved Correctly!! $9.69   Add to cart
Quickly navigate to
Preview
  2.  
  3. ASREB
  4.  
  5. ASREB

Exam (elaborations)

ASREB Exam prep A-1 (gray packet) Solved Correctly!!
 4 views  0 purchase
  • Course
  • ASREB
  • Institution
  • ASREB

ASREB Exam prep A-1 (gray packet) Solved Correctly!! The sale of personal property would include: Bill of sale What governmental right requires compensation to private property owners? Eminent domain If property is obtained by the state after a person dies, this is called: Escheat Transfer...

[Show more]

Preview 1 out of 3  pages

Document information

  • November 24, 2023
  • 3
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • asreb exam prep a 1 gray packet solved correctly

Written for

  • ASREB
All documents for this subject (315)

Seller

avatar-seller
ACADEMICAIDSTORE

Reviews received

Content preview

ASREB Exam prep A-1 (gray packet) Solved Correctly!!
The sale of personal property would include:
Bill of sale
What governmental right requires compensation to private property owners?
Eminent domain
If property is obtained by the state after a person dies, this is called:
Escheat
Transfer of real property requires a:
Deed
This is an economic characteristic of real property:
Frozen asset
A promissory note is considered:
Personal property
These are included in the bundle of rights ownership:
1. Usage
2. Possession
3. Sell property at any time
Discount points:
1. INCREASE the lenders yield
2. Usually 1 % of loan amount
3. Decrease the loan term
A storage shed attached to a slab would be considered a:
Fixture
If an HOA had additional expenses how would they be handled?
Each property owner would pay a pro rata share.
An owner sells a property on which a farmer lives and works as a tenant. When
the property is sold who gets the crops?
The farmer
The tenant's right to harvest crops after a lease is expired is called:
Emblements
A lesser puts in a bookcase for commercial use, at the end of the lease, the
bookcase is removed. The bookcase would be considered:
Trade fixture
A lease is considered:
Personal property
Ad valorem property taxes are based on:
Assessed value
Rank the order of liens highest to lowest: property taxes current year, special
assessments, IRS lien February of current year, mortgage lien Oct. of previous
year.
1. Property taxes
2. Assessments
3. Mortgage lien
4. IRS
Trade fixtures would NOT:

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICAIDSTORE. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.69. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77988 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.69
  • (0)
  Add to cart