Actual eviction - Study guides, Class notes & Summaries

Tenancy at Will - ANSWER-No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance - ANSWER-Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common - ANSWER-Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants - ANSWER-2 or more people own equal rights with the right of survivors...

Legal Liability - A responsibility or obligation to others, which courts recognize and enforce. In general failure to meet this duty often results in the imposition of monetary damages. 3 Types of Legal Liability - Tort Liability, Statutory Liability, Contractual Liability 4 Types of Tort Liability - Negligence, Intentional Torts, Strict Liability, Absolute Liability Name the four requirements of a negligent tort (long version) - 1. Duty owed by negligent party to another party, 2. Breach o...

UTAH REAL ESTATE EXAM 2024/ACTUAL EXAM WITH FULL COMPLETE SOLUTIONS/ALREADY GRADED A+ The amount of personal money a Principal Broker may keep in a UT Real Estate Trust account is - $500 The legal process whereby a tenant can be physically removed from the leased premises is know as - Actual Eviction

NCBE National Conference of Bar Examiners Multistate Bar Examination -2024 Online MBE Practice Exam 3 100 actual 100% verified questions and well explained answers Question # 1 - Torts A homeowner was using a six-foot stepladder to clean the furnace in his home. The homeowner broke his arm when he slipped and fell from the ladder. The furnace had no warnings or instructions on how it was to be cleaned. In a suit by the homeowner against the manufacturer of the furnace to ...

Illinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsIllinois Real Estate Leasing Exam Prep with Complete SolutionsAcceptance By Ratification - ANSWERThe acceptance of lease terms that occurs when a tenant takes possession of the property but ...

Illinois Leasing Agent Test Questions and Answers 100% CorrectIllinois Leasing Agent Test Questions and Answers 100% CorrectIllinois Leasing Agent Test Questions and Answers 100% CorrectIllinois Leasing Agent Test Questions and Answers 100% Correct Acceptance by Ratification - ANSWERThe acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - ANSWERWhen al...

National Real Estate Exam Portion for Ohio Latest Update Graded A+ Tenancy at Will No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants 2 or more people own equal righ...

AFFILIATED BUSINESS ARRANGEMENT (AfBA) - A financial interest in a business that could provide services to a borrower in a loan transaction. The lender is required to disclose such affiliations to the borrower and may not require that the borrower use the affiliate. Disclosure is also required when it is the policy of the lender to share private information of borrowers with its affiliates. The borrower may refuse permission to share information by returning the notice indicating that they O...

Utah Stringham Real Estate Vocab Latest Version Rated A+ 3/1 ARM A loan with three years of the same rate then rate adjustments every year thereafter. 12 HOUR NEW AGENT COURSE The continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. 72-HOUR RIGHT OF RESCESSION All borrowers must receive this notice if the loan is a refinance loan. ABANDONMENT When a tenant leaves a property before the expiration of the lease agr...

ILLINOIS REAL ESTATE LEASING EXAM 2024 Acceptance By Ratification - correct answer The acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - correct answer When all parties have agreed to a change in one or more of the terms of a contract Actual Eviction - correct answer Court action initiated by the lessor to have a tenant removed from the premis...