Affirmative easement - Study guides, Class notes & Summaries

Director- Examination of Records - correct answer -Within 60 days of the examination, the examiner must submit his report to the director for review. After a 30 day review period, there's allowance for rebuttals. Acknowledgement - correct answer -A formal declaration before an authorized officer by a person who has executed an instrument that such execution is his own act indeed. Necessary to entitle some instrument to be recorded to impart constructure, notice of its contents, and to entitl...

direct co-ownership forms (go into deeper detail later) - lots of forms, such as tenancy in common, joint tenancy, tenancy by the entirety, condominium, cooperative A "fixture" is.... - real property that formerly was personal property affirmative easements give the dominant parcel some intrusive use of the servient parcel - driveway or access right-of-way, sewer line, drainage, common wall appurtenant - a right of use that a (dominant) parcel of land "enjoys" over an adjacent (servient...

WASHINGTON REAL ESTATE EXAM PREP 1 REVIEW QUESTIONS AND ANSWERS, RATED A+/ VERIFIED. What is a legal action to stop a nuisance? - -abatement A history of every recorded document dealing with a property? - -abstract A means of obtaining land value by deducting the value of improvements from the total property value? - -abstractive method What is a condensation of a court judgment? - -abstract of judgment What is obtaining title as a result of attaching or joining property to other proper...

California Real Estate - State Test Prep Questions and Answers 100% Pass If property is sold while in probate - Correct Answer ️️ -Commission is only controlled by law under two situations. One being the Real Property Loan Law and... Real Property Loan Law - Correct Answer ️️ -Commission is only controlled by law under two situations. One being If property is sold while in probate and... agent of the broker - Correct Answer ️️ -The Broker is the Agent of the seller. The salesp...

1 square mile (acres) - 640 acres 1. limited in time 2. right of disposition 3. no titled interests - how do leasehold estates differ from freehold estates? 1. location monopoly 2. externalities 3. incomplete information - what is the economic basis for government regulation of real estate 1. mortgage 2. financial crisis 3. recession - 3 phases of 2007 collapse 1. user market 2. financial/capital market 3. government sector - Which markets is real estate influenced by? 3 ways to des...

Affiliated Business Defined - any portion of a title agency's business written in this state that was referred to it by a producer of title insurance business or by an associate of the producer, where the producer or associate, or both, have a financial interest in the title agency Affirmative Easement - One in which the easement holder has a right to do something on another's land Agency - it is unlawful for any person to transact the business of title insurance unless they are authoriz...

California Real Estate Exam: Questions & Answers Latest Update 100% Verified 2024/2025 Abandonment Correct Answer: Giving up possession or ownership of property by nonuse, usually accompanied by some affirmative act, such as removing one's belongings from apartment ingress and egress (right of) Correct Answer: The permission to enter upon and exit from property. A form of easement. Often related to Streams Abstract of Judgement Correct Answer: Document stipulating the outcome of a lega...

NYREI Exam Questions with Correct Answers easements - Answer--right to use another persons real property for a particular service -ROW -right of way --> an easement that grants access to property easements in gross - Answer--involves a specific parcel of land -benefits a person or company (dominant tenant) -burdened land is called servient Easements appurtenant - Answer-Involves 2 separately deeded parcels that are owned by different parties. Affirmative- allows someone to do some...

Maine Real Estate Vocabulary- TRELGAesthetic zoning: - correct answer This type of zoning requires new builds to meet specific types of architecture styles, may and limit the colors used and the size of signs in commercial areas. Affirmative easement: - correct answer An easement that allows a party to do something that normally would not be allowed. See negative easement. Agency: - correct answer As an adjective, it describes the relationship between an agent and a client, a relationship ...

Bar Exam Questions & Answers 2023/2024 Agreements to modify a contract may be enforced... - ANSWER-if there are new obligations on both sides Actual damages - ANSWER-Remedies are meant to compensate the nonbreaching party for actual economic loss Expectation Damages (contracts) - ANSWER-normal measure of damages for breach of contract and are intended to put the injured party in the same position as if the contract had been performed. Nonbreaching party must be able to prove these damag...