Homogeneity - Study guides, Class notes & Summaries

WV Real Estate Exam Questions and Answers Already Passed What are the types of fee simple estates? Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute The best type of ownership you can get. Fee Simple Defeasible Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? Fee simple determinable 2 Condition subsequent Fee Simple Defeasible Will include: so long as, while, during and includes the term reverter. Reverter Former ...

Property Ownership - ANSWER An item that has a legal owner, along with the attendant rights to legal ownership. Real Property - ANSWER Ownership of real estate and the bundle of rights associated with owning real estate. Personal Property - ANSWER Ownership of anything which is not real estate, and the rights associated with owning the personal property item. Chattel or Personalty - ANSWER Also known as Personal Property. Real Estate - ANSWER Air, water, land, and everything affixed...

What is the difference between parametric statistics and nonparametric statistics? - ANSWERS-parametric: normal population with homogeneity of variance, and interval or ratio level data -nonparametric: not normal population with no homogeneity of variance, and nominal or ordinal level data Typically, the dependent variables are __________ or __________ level data in nonparametric statistics, with a sample size ____________ 30. - ANSWERSnominal, ordinal, less than When would you use nonpar...

DONALDSON RE NATL FINAL 100% CORRECT. A real estate development corporation purchased land for a condominium project. The corporation most likely took title to the land A. as a general partnership. B. as a joint tenant. C. In severalty. D. as a syndication. - D. as a syndication. Pulls funds for the development of projects .Man made markers such as a steel rod or concrete post may be part of what type of legal description? A. Metes and Bounds B. Subdivision System C. Lot & Block D....

Champions School Principles of Real Estate II Latest Update Graded A+ Appraisal An Appraiser's opinion of value Principle of conformity Suggests that value is maximized when there is reasonable degree of homogeneity, or sameness, in a neighborhood USPAP Uniform Standards of Professional Appraisal Practice Uniform Standards of Professional Appraisal Practice Standards that have been established by the Appraisal Standards Board of the Appraisal Foundation Ad Valorem According to...

Law of Contracts - Champions School of Real Estate Latest Version Graded A+ TERLA - Texas Real Estate License Act - Created in 1939 TREC - Texas Real Estate Commission - Created in 1949 to administer/enforce TERLA Real Estate Center - Located at Texas A&M University - Created in 1970 TREC-Promulgated Forms/Leases (Residential): - One-to-Four Family Residential Contract (Resale) - New Home Contract (Completed Construction) - Residential Condo Contract (Resale) - Ne...

Mary is interested in a parcel of real estate owned by Kathy. Mary has a title report that shows the property is encumbered by several liens. The lien with the highest priority is the lien: a. of lowest amount b. of highest amount c. first recorded d. first in date - Answer-c. first recorded The physical characteristics of land include: a. indestructibility b. homogeneity c. improvements d. supply - Answer-a. indestructibility Which of the following restrictive covenants is MOST likel...

Illinois Real Estate Leasing Agent License Exam (Chapter 1-Chapter3) with Complete SolutionsIllinois Real Estate Leasing Agent License Exam (Chapter 1-Chapter3) with Complete SolutionsIllinois Real Estate Leasing Agent License Exam (Chapter 1-Chapter3) with Complete SolutionsIllinois Real Estate Leasing Agent License Exam (Chapter 1-Chapter3) with Complete SolutionsReal Property - ANSWERReal Property is land and any property attached directly to it 3 Characteristics of Real Property - ANSWER1...

Without proper safety limits on the MR system exposure to the time-varying magnetic fields created by the rapid switching of the gradient could create a potential environment for: - ANSWER-Including electrical current in the patient's tissues Faraday's Law deals with induction of a current by a magnet. true or false? - ANSWER-true The orientation of the main magnetic field of a low field permanent magnet is vertical. True or false? - ANSWER-True ; permanent lowfield magnets utilize a mag...

PSYC 2301- Chapter 1,2,3,4,5 Psychology The scientific study of behavior and mental processes How is psychology different from psychiatry? Prescriptive privileges Applied specializations of Psychology 1. Clinical 2. Counseling 3. Industrial/Organizational 4. Community 5. Forensic 6. Educational 7. Neuroscience/Biology 8. Developmental 9. Social/Personality 10. Cognitive Basic Research Specializations 1. Developmental 2. Personality 3. Physiological 4. Social 5. H...