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Barney Fletcher online course Questions and Answers (100% Pass)
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Barney Fletcher online course Questions and Answers (100% Pass)
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1|Page | © copyright 2024/2025 | Grade A+Barney Fletcher online course
Questions and Answers (100% Pass)
Acknowledgment
✓ A Formal certification of a signature
Actual notice
✓ Knowledge one has gained based on what he seen,heard,read or
observed
Adverse possession
✓ Title may be acquired by hostile,open and notorious,exclusive and
continuous occupancy by one who does not have title
Allodial System
✓ Possession of land based on individual ownership
Attachment
✓ Seizure of property by court order to insure payment of debt or to have
it available to satisfy a possible judgment
Master01 | October, 2024/2025 | Latest update
, 1|Page | © copyright 2024/2025 | Grade A+
Common element
✓ Parts of a condominium where unit owners hold an individual interest
Condemnation
✓ Taking property by state or eminent domain
Condominium ownership
✓ Individual fee ownership of portion of a building that has other similar
units
Consideration
✓ Something of value given in return for the act or promise of another,an
essential element of a contract
Constructive notice
✓ Recording of documents in the public records
Cooperative ownership
✓ Ownership in which individuals have share in stock in corporation that
has title to property
Master01 | October, 2024/2025 | Latest update
, 1|Page | © copyright 2024/2025 | Grade A+
Deed in lieu of foreclosure
✓ Voluntary act by borrower and lender called a friendly foreclosure
Deed of trust
✓ Used instead of a mortgage in some states
Deed restriction
✓ A clause in deed limiting future use of property
Decent and distribution
✓ (Intestate succession) method for distributing assets of a deceased
persons estate or will
Dominant Estate
✓ Owner of land that has right to use appurtenant easement
Dower and curtesy
✓ Right or interest that one spouse has in he property of another
Downzoning
Master01 | October, 2024/2025 | Latest update
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