Legal Aspects of Real Estate Exam 2024/2025 Questions & Answers with Complete Solution
6 views 0 purchase
Course
Real Estate
Institution
Real Estate
Legal Aspects of Real Estate Exam
2024/2025 Questions & Answers with
Complete Solution
Legal Aspects of Real Estate Exam
2024/2025 Questions & Answers with
Complete Solution
(blank) are improvements made to leased property to meet the needs of the occupying
tenant - Answer tenan...
Legal Aspects of Real Estate Exam
2024/2025 Questions & Answers with
Complete Solution
, Legal Aspects of Real Estate Exam
2024/2025 Questions & Answers with
Complete Solution
(blank) are improvements made to leased property to meet the needs of the occupying
tenant - Answer ✓✓tenant improvements
(blank) are improvements unique to the tenants business which may be removed by the
tenant upon expiration of a lease or rental agreement - Answer ✓✓trade fixtures
(blank) are provisions added to title insurance policies to cover losses due to CC&R's,
violations, mechanic's leins, and the effects of inflations - Answer ✓✓endorsements
(blank) determines the proper physical location of the court which will hear a case -
Answer ✓✓venue
(blank) easements restrict an owner's ability to maintain or construct any improvements
which interfere with a neighbor's solar energy system - Answer ✓✓solar
(blank) is an accounting between a buyer and a seller which results in a refund to the
buyer in exchange for the return of the property to the seller - Answer ✓✓restitution
(blank) is an adverse possession claim of ownership based o a written instrument and is
held by the individual in possession of the property. - Answer ✓✓color of title
(blank) is the power of the state or local government to protect the public wellbeing -
Answer ✓✓police power
(blank) is the power of the state or local government to take property for public use -
Answer ✓✓Eminent Domain
(blank) is the right of surviving joint tenants or a spouse to succeed to the entire interest
of the deceased co-owner - Answer ✓✓the right of survivorship
(blank) may be used to authorize one spouse to manage and control community
property. - Answer ✓✓A revocable trust in which one spouse is named the trustee, a
power of attorney, or a limited partnership
(blank) of a title insurance policy identifies the insured, the property, the vesting, the
dollar amount of coverage, the premium paid and the recording - Answer ✓✓Schedule
A
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 QuizGuider82. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
