Easement - Study guides, Class notes & Summaries

$.55 - County Transfer Tax $10,000 - Fine for violating a cease and desist order issued by the commissioner 30 days - An agent must report a change in his or her mailing address to the Department of Insurance within 36 - How many sections are in a township 40 years - How long is the Michigan Marketable Title Act 40 years - To obtain marketable record title to real property, an owner needs an unbroken chain of title for how many years 6 miles - The space between range lines 640 acres - A...

Madison Davidson negotiated for a $30,000 loan with $200 monthly payments, plus 9 percent interest. In this case, what is the monthly interest in the first month? A: $225 B: $450 C: $425 D: $205 - A: 225 First, you take $30,000 and multiply it by 9% for the total annual interest paid, or $2,700. Divide that by 12 (months) for a total of $225 per month interest payment. If this is a fully amortized loan, the ratio of principal and interest will change every month, with the interest declin...

PSI National Exam for Real Estate Test Bank with complete solutions | Latest 2023/2024 A written agreement in which a purchaser agrees to buy and a seller agrees to sell is called ️ a contract Antitrust laws prohibit competing brokers from all of the following ️ 1. boycotting other brokers in the marketplace. 2. dividing the market to restrict competition. 3. agreeing to set sales commissions and management rates. When a sewer line is installed down a rural road, the cost will probabl...

EASEMENT EXAM QUESTIONS WITH 100% CORRECT ANS!!

TCEQ Class A prep Part 1 Exam Questions and Answers In Texas, water operator licensing is administer by the? - Answer-TCEQ Which minerals cause hardness in water - Answer-magnesium and calciumT the most importan federal law impacting the water utility industry is - Answer-Safe Drinking Water Act The four water quality standards established for drinking water in the Safe Drinking Water Act are chemical, bacteriological,radiological and - Answer-chemical, bacteriological,radiological an...

A client has purchased a plot of land from a seller. The plot forms part of the garden to the seller's house. The seller told the client that they built their house ten years ago and that they intended to continue living in the house (the "retained land") following the sale of the plot to the client. The client has now decided that she wants to construct a dwelling house on her plot but she has discovered that drains serving the seller's retained land run across the plot. The seller has r...

In the highest and best use analysis, when an appraiser is evaluating the land as though vacant, what is one of the four criteria the appraiser will evaluate? (Ans- the physical possibility of an intended use the appraiser's collection of supply and demand data has application to what areas of the data collection process? (Ans- both market area data and comparable property data In the appraiser's data collection process that involves a market value assignment, which of the following ...

ECS1601 ASSESSMENT 6 SEMESTER 2 ASSIGNMENT 6 2024 Which of the following can cause demand-pull in ation? [1] A decrease in interest rates which leads to an increase in consumption and investment spending. [2] An increase in government spending on social wealth and education. [3] A rise in the cost of import intermediate goods due to a depreciation of the domestic currency If the in ation rate increases and nominal interest rate is unchanged, then _________. a. the real interest ra...

PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice Three conditions that must be met for a mobile home to be considered real estate 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is...

Brokerage The business of bringing people together in a real estate transaction. Type of Real Property - Special Purpose Cemeteries Real Property Real estate, plus the interests, benefits, and rights inherent in the ownership of real estate Bundle of Rights Possession, control, enjoyment, exclusion, disposition Ownership of real property is often described as a bundle of legal rights Littoral Rights Granted to owners whose land borders commercially navigable waters Where is the...