Granting clause - Study guides, Class notes & Summaries

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...

NJ Producers License Study Guide (1) with Latest Questions and Expert Solutions-2024 Abandonment ANSWER When a party in legal possession of property leaves without the intention of reclaiming rights Deed must contain ANSWER granting clause, habenbum clause (assigns forever), Metes and Bounds, Grantor promises, acknowledgement Chapter 7 ANSWER Liquidation bankruptcy Chapter 11 ANSWER Reorganization (Corporate) Chapter 12 ANSWER Reorganization (Farm) Chapter 13 ANSWER Reorganization...

Which courts have multiple judges and can affirm/reverse the decision of lower courts and remand (redo) the trial with new information -Correct Answer appellate courts What is it called in a case where plaintiffs and defendants are citizens of different states -Correct Answer diversity of citizens How many federal circuit courts are there -Correct Answer 13 Which Supreme Court case formed the basis for the exercise of judicial review in the united states under Article III of the US cons...

Establish the Validity of a deed: acknowledgment - (Notarized/witnessed) does not have to be recorded; signature of the grantor is being notarized Elements of a deed: delivery: 3 ways - 1. Actual delivery 2. Constructive (recorded) 3. 3rd party (hold in escrow or trust) Elements of a deed: consideration - Amount paid is usually hidden by "ten dollars and other good and valuable consideration" Elements of a deed: signature - Signature of only the grantor(seller/owner) of the property El...

Real Estate U: Pass the NY State Exam 2023-2024 with Complete SolutionsReal Estate U: Pass the NY State Exam 2023-2024 with Complete SolutionsReal Estate U: Pass the NY State Exam 2023-2024 with Complete SolutionsReal Estate U: Pass the NY State Exam 2023-2024 with Complete Solutions - Must be in-writing (according to the Statute of Frauds). - Include a grantor (the person conveying title to the property) . - Include a grantee (the person receiving title). - Contain a granting clause, which...

Barney Fletcher Real Estate Exam 2024 Updated Questions with Verified 100% Correct Answers Latest Edition Barney Fletcher Real Estate Exam: 2024 Updated Questions with Verified 100% Correct Answers | Latest Edition combining two or more contiguous parcels of real estate into a single parcel under one ownership - Assemblage an increase in value resulting from assemblage - plottage personal property that is permanently attached to real property and goes with the property when its sold - ...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

National And Missouri Real Estate Quiz 1 Mike Ed and Bob were concurrent owners of a parcel of RE. Ed died, and his interest passed according to his will. What was the ownership of the property? ️ B. Tenancy in common It is license renewal time, and Julie just realized she took six hours of core classes and six hours of elective classes. What should Julie do? ️ B. Julie is fine, the state requires at least three hours of core material. Able agent failed to complete his education ...

NYS REAL ESTATE EXAM QUESTIONS AND ANSWERS .Buy Quality Materials Easement in gross What type of easement is commonly used by utility companies? Easement by necessity Easement by condemnation Easement in gross Easement by prescription Administrator The person appointed by a court to distribute the intestate decedent's property is known as a/an...? Administrator Executor Dower Curtsey The original tenant In a sub-lease, who is responsible for paying rent to the landlord? The...

1 REAL ESTATE STATE EXAM FOR OHIO REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE/ Fiscal Policy - -Treasury Department Monetary Policy - -Federal Reserve Bond Truth In Lending Act - -To provide standard disclosure procedures that all lenders must follow. Required so consumers will know exactly what they are paying for credit so they can compare Annual Percentage Rate (APR) - -The relationship between the cost of borrowing money and the total amount financed, represented by a percentage Us...