Homestead - Study guides, Class notes & Summaries

Agronomy Final Exam Questions and Answers 100% VerifiedAgronomy Final Exam Questions and Answers 100% Verified Homestead Act 1862 - ANSWER-Opened up settlement in the western US, allowing all american, including freed slaves, to put a claim for up to 160 free acres of federal land Merrill Act 1862 - ANSWER-Provided grants of land to states to finance the establishment of colleges specializing in "Agriculture and the mechanic arts" Animal and Plant Health Inspection service (APHIS) - ANS...

Study Set Questions and Answers for Dubai RERA Broker Exam 2024 Bundle of rights - CORRECT ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - CORRECT ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - CORRECT ANSWER-Full ownership of property + bundle of rights Equitable Title - CORRECT ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - CO...

When the county assessor evaluates real estate for the purpose of taxation, this is called: - Assessed value What lien has priority first: - Property taxes Property taxes become a lien the first day of: - January If a property is not bid at a tax foreclosure sale: - Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - Property Taxes, Special Assessments, IRS Liens When a broker misappropriates funds, this is cal...

ASREB National Test A-3 Questions and Answers 100% Verified When a person receives real estate through a will, this is called: Demise Bequest Devise Legacy Answer-Devise A quit claim deed would do which of the following: Remove a cloud on a title Deny the spouse an interest Verify the tax liability Establish a homestead Answer-Remove the cloud on titl

Notary Public Exam (California)correctly answered 20231: What is one requirement for becoming a California Notary Public? Be a legal resident of California 2: Your jurisdiction will be: The entire state of California 3: A possible penalty for committing perjury is: 2, 3 or 4 years 4: You have how many days to take your oath of office after your commencement date: 30 days 5: If you request a new Certificate of Authorization, the State of California must respond wit...

Texas Property Tax Consultant Questions and Answers 100% Pass How does a homestead exemption affect property taxes in Texas? A homestead exemption reduces the appraised value of a homeowner's primary residence, thereby lowering the amount of property taxes owed. What is the significance of the property tax appraisal notice sent to property owners? The property tax appraisal notice informs property owners of the assessed value of their property and provides an opportunity to contest...

Which of the following is NOT a specific lien? a. an unrecorded mortgage b. a mechanic's lien c. a judgement lien d. a blanket mortgage - c. a judgement lien Which of the following is NOT an encumbrance on real property? a. lease b. easement c. homestead right d. restrictive convenant - c. homestead right Which of the following is NOT an appurtenance? a. easement right b. mineral right c. water rights d. trade fixtures - d. trade fixtures

Texas Property Tax Consultant Exam with Complete Solutions What is the definition of "market value" in property taxation? Market value is the price a property would sell for in a competitive and open market, assuming both the buyer and seller are acting prudently and knowledgeably. Define "assessed value." Assessed value is the value assigned to a property by the appraisal district for the purpose of determining property taxes, which is often a percentage of the market...

Texas State Exam Questions and Answers Already Passed Describe the requirements for obtaining a property tax consultant license in Texas. To obtain a property tax consultant license in Texas, an individual must complete required education courses, pass the state exam, and submit a background check along with an application to the Texas Department of Licensing and Regulation. What is the significance of the Texas Property Tax Code? The Texas Property Tax Code establishes the framework ...

WI Real Estate Practice Exam Questions and Answers Already Passed All of the following would be considered an ENCUMBRANCE except: a. unpaid property taxes, b. An easement necessity, c. A writ of execution, d. A judgment Answer: C The writ of execution is a court order instructing the officer of the court to carry out the decision of the court. It is used in a judgment where the sheriff is told to seize a debtor's property so that it can be sold to pay off a debt. Which of the fo...