Aceable agent level 1 - Study guides, Class notes & Summaries

Aceable Agent Key Terms Level 1 Questions With Solutions 100% Correct Real Estate made up of the land AND any natural or human-made improvements attached to it (such as buildings, crops, roads, etc.). Real Property real estate PLUS the bundle of rights that come with ownership of it Personal Property items that can easily be removed from the land ex. a desk inside of a house 3 Characteristics of land immobility, indestructibility, and heterogeneity Immobility One of the characteristics ...

Aceable Agent: Level 1 Exam Questions with Correct Answers Deed - answerA document that transfers ownership of property from one party to another. Legal Title - answerFull legal ownership of property and the bundle of rights as they apply to it. Federal Government - answerRegulates broad issues State Government - answerThe primary regulators of real estate law. They address things such as flood zones and waste disposal. Local Government - answerCover real estate on an even smaller scale....

Aceable Agent Real estate Georgia Level 2 Chapters 1-5 questions and answers with verified solutions already passed!!!

Aceable Agent Level 1 Question and answers correctly solved 2023/2024What are the four basic types of Public Land-Use Controls (P.E.T.E)? - correct answer 1. Police power 2. Eminent Domain 3. Taxation 4. Escheat Type of Public Land-Use Control: What does Police Power contribute? - correct answer Police power is the government right to regulate and restrict land use in order to protect the public. What are the four main types of land-use controls that fall under the scope of Police...

Aceable Agent Level 1 Question and answer 100% correct 2023/2024Deed - correct answer A document that transfers ownership of property from one party to another. Legal Title - correct answer Full legal ownership of property and the bundle of rights as they apply to it. Federal Government - correct answer Regulates broad issues State Government - correct answer The primary regulators of real estate law. They address things such as flood zones and waste disposal. Local Governm...

Aceable Agent , Level 1 , Property Ownership

What is land? - correct answer -Land refers to more than just a tract of earth. Land not only includes the natural resources on the surface of the land, but the minerals below the surface and the air above the surface. The official definition is: The surface of the earth, including all permanently attached natural features, extending downwards to the center of the earth and upwards towards infinity. When a person acquires land, they acquire all that is above and below as well. Wha...

Aceable Agent: Level 1 Exam Questions & Answers 2023/2024 Five Catagories of Real Estate Properties - ANSWER-(1) Residential, (2) Commercial, (3) Industrial, (4) Farm & Land/ Agriculture (5) Special Purpose Apartment Locator - ANSWER-A real estate license holder who locates dwelling units for prospective tenants Tenant - ANSWER-one who possesses (rents) real property for a period of time, usually under a lease. The property or estate is normally owned by the landlord. Broker - ANSWER...

Aceable Principles 1 combined Exam Questios with 100% Correct Answers BPO - answerbroker's price opinion. process used by a hired sales agent to determine the potential selling price or estimated value of a real estate property. Reasons for a BPO. 1. The people in the home have asked to refinance the home and the lender does not want to pay for a full appraisal, but they do want to have some assurance that the home is valued at or above what the loan will be. 2. The people in the house...

Aceable Agent Real estate Georgia Level 2 Chapters 1-5