Torrens title system - Study guides, Class notes & Summaries

(Summary) Pearson Real Estate Exam, With Complete Solution abatement legal action to stop a nuisance. can also be a reduction of a property tax assessment holographic will a handwritten, signed, and dated will. No witnesses are needed. inverse condemnation an action by an owner to force a government unit to take property when, by its action, the government has wrongfully restricted use. laches the doctrine that upholds the loss of the right to enforce an agreement or a restriction beca...

BLAW211 Exam Questions with Answers All Correct criminal proceeding - Answer-An action against someone by the State for violating a rule or a law. civil proceedings - Answer-action brought by one individual against another (individual may be the Crown) Rule of Law - Answer-- prescribes conduct of people in society and their minimum rights - all equal before law - court to be held in public - powers exercised by parliamentarians must be supported by statute or regulation - right to f...

Maryland Law Final Exam Questions and Answers Already Passed Which of the following is NOT a requirement in obtaining a real estate license? a. affiliate with a broker b. pass state exam c. 15 hours of continuing education d. complete required 60 hour course c. 15 hours of continuing education Al, a broker, listed his friend Bills home. Bill just took a job in another city and needed to sell quickly. In order to help Bill, Al told Jay about the home, Bill's new job and his eagerness to mov...

NCEES PS EXAM (BOUNDARY LAW AND TERMS) PASSED!!

(Summary) Pearson Real Estate Exam, With Complete Solution abatement legal action to stop a nuisance. can also be a reduction of a property tax assessment holographic will a handwritten, signed, and dated will. No witnesses are needed. inverse condemnation an action by an owner to force a government unit to take property when, by its action, the government has wrongfully restricted use. laches the doctrine that upholds the loss of the right to enforce an agreement or a restriction beca...

1 . Which of the following sources would be the least satisfactory for obtaining a legal description of a parcel of real property? A. Deeds B. Preliminary title reports C. Escrow instructions D. Real property tax bills - ANSWER1 . D Explanation: A real property tax bill usually identifies the property by the tax assessor's parcel number. While the bill may also include a legal description of the property, that's often an abbreviated description instead of the complete legal descriptio...

ERS loans are assumable by qualified persons. T or F - True. What does the developer need to execute to establish a condo complex? - a declaration. (containing # of units, buildings, and land info) EMPLOYEE RETIREMENT SYSTEM (ERS) LOANS if leasehold, the terms of the lease must exceed the term of the loan by at least 5 years. - False. if leasehold, the terms of the lease must exceed the term of the loan by at least 10 years Someone manages real estate for one condo or coop association does...

Section 2 Barney Fletcher GA Exam Questions and Answers (Graded A) Title - Ans ️️ The right to, ownership of land. Alienation of title - Ans ️️ any change of ownership THREE TYPES OF TITLES - Ans ️️ LEGAL TITLE EQUITABLE TITLE BARE LEGAL TITLE legal title - Ans ️️ The right of ownership possession,use,occupancy,and enjoyment of a parcel of real property held by an owner. Equitable Title - Ans ️️ The interest in a piece of a real estate held by a buyer under a real es...

NYS Real Estate Exam Questions And Correct Answers. Complete Verified Solutions Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. Insurance Premiums What is overage rent? Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent special agent what is the em...