100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
GEORGIA REAL ESTATE FUNDAMENTALS FINAL EXAM TEST BANK /LATEST UPDATE 2024/2025/BRAND NEW EXAM QUESTIONS AND CORRECT ANSWERS ALL GRADED A+/GUARANTEED SUCCESS!!$11.49
Add to cart
GEORGIA REAL ESTATE FUNDAMENTALS FINAL EXAM TEST BANK /LATEST UPDATE 2024/2025/BRAND NEW EXAM QUESTIONS AND CORRECT ANSWERS ALL GRADED A+/GUARANTEED SUCCESS!!
3 views 0 purchase
Course
GEORGIA REAL ESTATE FUNDAMENTALS
Institution
GEORGIA REAL ESTATE FUNDAMENTALS
GEORGIA REAL ESTATE FUNDAMENTALS FINAL EXAM TEST BANK /LATEST UPDATE 2024/2025/BRAND NEW EXAM QUESTIONS AND CORRECT ANSWERS ALL GRADED A+/GUARANTEED SUCCESS!!
personal property - ANSWER-are the items the seller can load into the van when moving after the sale
chattels personal - ANSW...
GEORGIA REAL ESTATE FUNDAMENTALS
FINAL EXAM TEST BANK /LATEST UPDATE
2024/2025/BRAND NEW EXAM QUESTIONS
AND CORRECT ANSWERS ALL GRADED
A+/GUARANTEED SUCCESS!!
personal property - ANSWER-are the items the seller can load into the
van when moving after the sale
chattels personal - ANSWER-refers to cars, boats, furniture, clothes,
stocks, money and tools
chattels real - ANSWER-items that extend to owner an interest in real
property; leases, mortgages, contracts to purchase and options
deed - ANSWER-is how real property is transferred
bill of sale - ANSWER-how personal property is transferred
real estate - ANSWER-consists of land itself plus those things which are
permanently attached to the land by man (buildings) or nature (trees)
real property - ANSWER-it not only includes those things permanently
attached but also the legal rights and interests that go along with
ownership
appurtenance - ANSWER-any right, interest, or improvement which
automatically conveys with the ownership of the property
run with the land - ANSWER-rights and responsibilities which
automatically convey
land - ANSWER-starts at the earth's center and passes through the
surface and extends into space above the surface to an indefinite height
,tenements - ANSWER-are things that permanently attached to the land;
physically or legally and are immovable by law
fructus naturales - ANSWER-those grown naturally and requiring no
annual cultivation; are considered to be real property
fructus industriales - ANSWER-emblements; crops that are planted and
harvested each year
improvements - ANSWER-any product of human planning or labor that
is affixed to the land with the intent of being permanent
percolating water - ANSWER-underground water that is not confined to
a specific waterway
water table - ANSWER-the level at which percolating water is found
riparian rights - ANSWER-concern those properties that border a river or
stream and the owner has the right to use the water for such things as
swimming, boating or fishing. rights are not exclusive because the rights
of other owners whose properties border the same waterway must be
respected
correlative rights - ANSWER-allows the owner only a reasonable share
of the water during times of short supply
prior appropriation - ANSWER-the right to use is secured by a permit
navigable waters - ANSWER-rivers and oceans used for commercial
shipping and are identified on government survey maps
littoral rights - ANSWER-properties which border large navigable lakes,
oceans, or seas and typically involve the use and enjoyment of the shore
mineral rights - ANSWER-land owner rights to such things as coal, oil,
gas and ores
right of lateral support - ANSWER-protects adjoining land from being
damaged by efforts to extract minerals from below
law of capture - ANSWER-refers to the process of removing oil and gas
from land
, air rights - ANSWER-space above the land; may bee sold or leased
separately from the land itself
severance - ANSWER-the process by which an item of real property
becomes personal property
fixture - ANSWER-a property that was once personal becomes real
property; such as built in appliances
economic life - ANSWER-real estate investors are not generally
interested in how long buildings will last, but in how long they will be
profitable
scarcity - ANSWER-the fact that an acre of land in a rural area cannot
fulfill as many needs as an acre of urban land describes the economic
characteristic
legal description - ANSWER-used to identify the property in such a way
that it cannot be mistaken for any other parcel of land and can be found at
a later date in spite of changes that may occur
spot survey - ANSWER-The survey a buyer receives at closing is called
a __________.
plat of survey - ANSWER-A _______________ is a map or drawing that
shows the location and boundaries of a land parcel, and in some cases,
how the land is subdivided into lots.
metes and bound - ANSWER-method of legal description identifies the
parcel of land by describing its boundaries. Metes ( are distances and
directions), Bounds (are landmarks or monuments that serve as markers
each time the distance and direction must change)compass directions;
must have a point of beginning and must return back to the point of
beginning by closure
bearings - ANSWER-are shown in degrees, minutes, and seconds. there
are 360 degrees in a circle; each degree is divided into 60 minutes, and
each minute into 60 seconds
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 BRILLIANTSOLUTIONS. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
