Easements and covenants - Study guides, Class notes & Summaries

Assessor The government official responsible for administrating the property tax system and for Establishing value for ad valorem tax purposes Requirements of the assessor Discovery , listing and valuation Discovery Location of all taxable property Listing Creating an inventory of the quantity, quality and important characteristics of all taxable property Valuation An estimate of the actual or market value of all taxable property Property tax Primary sour...

Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 Which of the following would create legally binding acceptance of a written offer? The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 27...

Legally and technically, property is defined as: Ans Rights or interests which a person has in the thing that is owned. How is real property different from personal property? Ans Real property is immovable. Which of the following is an aspect of real property? Ans Land, Fixtures, and Appurtenances Which of the following is not considered real property? Ans Leasehold estates All of the following are considered real property, except: Naturally growing crops, Emblements, Fruit on a tree o...

Define a 'Dwelling Unit' - Answer-A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. What is the difference between a semi-detached structure and a vertically divided duplex? - Answer-- A duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out - The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) Define ...

Superior School of Real Estate (NC Real Estate Prelicensing) Exam Questions and Answers Bundle of Rights -Answer-Right to possession of the property: the right of quiet enjoyment of the property; the right to exclude others; the right to dispose of the property by gift, by sale, or by will; and the right to control the use of the property and profits within the limits of the law Tenements -Answer-All corporeal and incorporeal rights in land Corpreal Rights -Answer-Tangible things Incorpre...

NYREI Exam Questions with Correct Answers easements - Answer--right to use another persons real property for a particular service -ROW -right of way --> an easement that grants access to property easements in gross - Answer--involves a specific parcel of land -benefits a person or company (dominant tenant) -burdened land is called servient Easements appurtenant - Answer-Involves 2 separately deeded parcels that are owned by different parties. Affirmative- allows someone to do some...

being licensed under part VIII of chapter 468 F.S. means you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners limited common elements property owned by all owners in a condominium the common elements a maintenance coordinator must... be licensed as a community association manager and is not exempt the condominium concept is made up of... operation by ...

1 square mile (acres) - 640 acres 1. limited in time 2. right of disposition 3. no titled interests - how do leasehold estates differ from freehold estates? 1. location monopoly 2. externalities 3. incomplete information - what is the economic basis for government regulation of real estate 1. mortgage 2. financial crisis 3. recession - 3 phases of 2007 collapse 1. user market 2. financial/capital market 3. government sector - Which markets is real estate influenced by? 3 ways to des...

Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 Which of the following would create legally binding acceptance of a written offer? The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 27...

being licensed under part VIII of chapter 468 F.S. means - Answer- you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners - Answer- limited common elements property owned by all owners in a condominium - Answer- the common elements a maintenance coordinator must... - Answer- be licensed as a community association manager and is not exempt the condominium concept is made up ...