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Aceableagent Level 4 Questions And Answer With Verified Solutions Already Passed!!!
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Aceableagent Level 4 Questions And Answer With Verified Solutions Already Passed!!!
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Aceableagent Level 4 Questions AndAnswer With Verified Solutions Already
Passed!!!
Public Land Use Controls - ANSWER✔✔ Government-issued
•zoning ordinances
•subdivision regulations
•building codes
Private Land Use Controls - ANSWER✔✔ Land-use controls that are put into
place by non-governmental entities, such as real estate developers — most
commonly, these come in the form of deed restrictions
Public ownership of land - ANSWER✔✔ The role of government to own and
maintain public land such as streets, highways, and parks
Restrictive Covenant - ANSWER✔✔ Alimit on land use that is imposed by a
property owner.
Deed Restrictions - ANSWER✔✔ Aprovision in a deed that restricts the land use
of a property. It is attached to a deed, runs with the land, and applies to all future
owners of the property.
"deed restriction" and "restrictive covenant" are often used interchangeably, but
the difference is that a restrictive covenant isn't necessarily attached to the
property's deed, while a deed restriction is.
, Conditional Deed Restrictions (qualified fee estate) - ANSWER✔✔ If the property
owner violates the restriction, the title will revert to the previous owner.
Doctrine of Latches - ANSWER✔✔ A legal principle used to bar dated claims.
"You snooze, you lose"
Possessory Interest - ANSWER✔✔ Includes the right to possess and occupy the
property, now or in the future.
Non possessory is the opposite
Encumberance - ANSWER✔✔ burdens the title
Easement - ANSWER✔✔ The right to use another individual's land or property,
generally for a specific, limited purpose.
Lein - ANSWER✔✔ A claim made by a creditor against real or personal property
pledged by a debtor as collateral.
Deed Restrictions/Restrictive Covenant - ANSWER✔✔ A type of non-
governmental private land-use control.
Lease as an encumbrance - ANSWER✔✔ The party residing in the property does
not own the title to the property.
Cloud on the Title - ANSWER✔✔ A dispute on an otherwise clear title.
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