Real property realty - Study guides, Class notes & Summaries

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

REVIEW QUESTIONS FOR NY REAL ESTATE EXAM 2023 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead - Answer -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. - Answer C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would...

Real property (realty) correct answers Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Personal Property correct answers possessions such as jewelry, furniture, and boats Damage to building by vandalism - Put a fence around the building correct answers Loss Prevention Home burglary - Install burglar alarm correct answers Loss reduction Tort Damages correct answers compensatory damages and punitive damages ...

Property loss exposure ️ A condition that presents the possibility that a person or an organization will sustain a loss resulting from damage (including destruction, taking, or loss of use) to property in which that person or organization has a financial interest. Real property (realty) ️ Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Personal property ️ All tangible or intangible property that is not real ...

Solution Manual for Real Estate Finance And Investments 17th International Edition by Jeffrey Fisher William B. Brueggeman-Question 1-1 What is the difference between real property and personal property? Real property refers to the ownership rights associated with realty. Realty refers to land and all things permanently attached. Personal property refers to ownership rights associated with personalty. Personalty are all things, tangible, intangible that are movable. This includes all things...

Superior School of Real Estate Exam (2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: What is the most important economic factor of real estate? Answer: The Concept of Situs Q: Highest and Best Use is Answer: the one single use that provides the greatest return and maximizes the value of the real estate Q: Land Use Controls are Answer: public, private and government Q: What are the 5 categories of real estate? Answer...

312. Florida has established three authorized brokerage relationships. Unless otherwise established by agreement, what is the broker's relationship with the public? a. Nonrepresentation b. Single agency c. Dual agency d. Transaction brokerage - Answer- D. Transaction brokerage 242. A broker has been found guilty of mail fraud by a court and sent to jail. The broker's license will: a. Automatically be revoked b. Automatically be suspended c. Probably be revoked because of the con...

Wrongful or criminal deception intended to result in financial or personal gain is called: - Answer- fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - Answer- 90 days __________ extend above the surface without limitation. - Answer- air rights An example(s) of an appurtenance would be: - Answer- easements There is no upper limit on the value of a Texas homestead. - Answer- true A(n) __________ is one that combines some of ...

Real Estate - ANSWER Aka real property or realty, is land and certain items attached to the land. The owner of real property has certain rights of ownership: ability transfer ownership, administer, loan against and lease. Most importantly an owner enjoys: possession, control, quiet enjoyment and disposition. As a general rule: items permanently affixed to real estate (land or building) are real estate. Personal Property - ANSWER Are moveable items like furniture, the bright line of difference...

Improvement - ️️any artificial thing attached on or below ground, such as a building, fence, water line or sewer pipe, as well as growing things that are made part of the landscaping. Agency coupled with an interest - ️️Broker agrees to provide financing for condo being constructed with exclusive right to sell the units Special Purpose Real Estate - ️️churches, schools, cemeteries, and governmentheld lands Propriety lease - ️️the lease given to shareholders in a cooperative...