Remainders - Study guides, Class notes & Summaries

PROPERTY Ownership Ownership of real property may be transferred by sale, gift, upon death by devise (will) or intestate succession. - Present Possessory (Freehold) Estate: an estate must be immobile and for an indeterminate duration; the owner has the right to currently possess the property - Future Interests: an interest in presently existing property or in a gift or trust; the use, possession, or enjoyment may start sometime in the future - Concurrent Estate: ownership or possession of r...

FLORIDA BAR: REAL PROPERTY EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ present estates (3 types) - -the owner of the estate has the present right to possess the land 3 types: 1. fee simple absolute 2. defeasible 3. life estate future estates - -in which the owner of the estate has or may have the right to possess the land in the future. fee simple absolute (present) - -no event can end the owner's right to possess - one person owns all the rights - owner has all of the present and ...

CHAPTER 10 Bundle of Rights sticks metaphor owner = entire bundle of sticks renter = only a few sticks possession, use, control, exclusion, transfer Brainpower Read More Property Rights the legal rights that a person has over a piece of real property Real Property The legal interests in land and things attached to or growing on land ex: part of the earth’s surface, buildings, fences, and trees used to describe the legal rights that a person can have in real...

What is the district magnitude of the typical Senate district in the United States? - correct answer 2 Fill in the blank: a _________________________ is an electoral system in which the candidates or parties with the most votes wins. - correct answer Majoritarian electoral system Which of the following electoral systems uses a preference vote? - correct answer Single Transferrable Vote Fill in the blank: A(n) _____________________ is the option that gets 50%+1 of all the possible votes ...

n bits can represent ___ things - correct answer 2^n Decimal Number System - correct answer base 10, digits 0-9 Binary Number System - correct answer base 2, digits 0 and 1 Hexadecimal Number System - correct answer base 16, numbers 0-9 and letters A-F (10-15) Horner's Method - correct answer ...

integer a whole number integers can be... negative or positive and include 0 factors positive integers that can be divided into the number with no remainders give a factor of 40 1/2/4/5/8/10 multiple The product of a whole number and any other whole number. give a multiple of 9 9/18/27/36/45/54/63/72/81/90/99/108 an even number one that is always divisible by 2 an odd number one that is not even find the common factors of 8 and 6 1,2 find 1 common multiple of 8 and 6 24/48 gi...

All elements in a set with a zero standard deviation are ___ to the ___. The range of the set is___. equal, mean, zero price change [new price - original price] / original price*100% What is standard deviation? the average distance between the elements of a set and the mean what is an integer? positive and negative whole numbers AND zero what are positive integers? positive whole numbers (not zero!) what's the formula for an even number? even number = 2k, where k ...

MIE 305 Final Exam What are the "bundle of rights" associated with property ownership? - ANS 1) Control; 2) Possession; 3) Enjoyment; 4) Exclusion; 5) Disposition Possession - ANS The property is legally owned by whoever owns the title. Control - ANS The titled owner (freeholder) controls the use of the property. Enjoyment - ANS Rights-holder can enjoy the property in any legal or contractually agreed manner. Exclusion - ANS Ow...

Computer Science. Questions and answers. Rated A+ Document Content and Description Below Central Processing Unit (CPU) - "Brain" of the computer that performs instructions defined by software Software - Set of instructions that tells the hardware what to do. It is what guide s the hardware and tells it how to accomplish each task. Operating System (OS) - Software used to control the computer and its peripheral equipment. Input Device - device used to insert data into a computer or other devi...

Which of the following is a mandatory bargaining topic? a) Benefits for retired employees b) Performance bonds c) Preferential hiring of union members over non-bargaining unit applicants d) job descriptions - answer-D. Job Descriptions Performance bonds and benefits for retired employees are voluntary, not mandatory bargaining topics. Also, it is illegal to bargain over preferential hiring of union members. With employee participation in an organization, all of the following promote pro...