Easement by necessity - Study guides, Class notes & Summaries
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Scott's Michigan Real Estate Brokers Test Prep. Exam Questions And Correct Answer New Update
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Scott's Michigan Real Estate Brokers Test Prep. Exam Questions And Correct Answer New Update 
 
A neighbor had encroached on a property but the owner did not complain within the legally specified time period. The neighbor would obtain rights to the land by: 
A » license 
B » easement by necessity 
C » easement by prescription 
D » easement in gross - Answer -(C) An encroachment (fence, tree limb, etc.) that remains for a lengthy period can become an easement by prescription (continuous, ope...
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| LATEST EXAM UPDATES| 2024/25 |MO REAL ESTATE EXAM SMART EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/
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MO REAL ESTATE EXAM SMART EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ 
Under a Listing agreement, who would be the client? 
The Salesperson 
The broker 
The Seller 
They Buyer - -The Seller 
A property was sold by a foreclosure sale. The sale did not produce enough money to satisfy all the 
debts on the property. What could the creditor who weren't paid now file? 
A deed in lieu of foreclosure 
An estoppel certificate 
A deficiency judgement 
A blanket Mortgage - -A deficien...
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Nebraska Real Estate SAMPLE Test Questions with 100% Correct Answers
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Nebraska Real Estate SAMPLE Test 
Questions with 100% Correct Answers 
The earth's surface extending downward to the center of the earth and upward into 
space, including all things permanently attached, is known as: 
A) Real Property 
B) Real Estate 
C) Land 
D) A bundle of legal rights - Answer- D) A bundle of legal rights 
Moveable objects, which are not considered real estate, are known as: 
A) Real property 
B) Personal property 
C) Fixtures 
D) Emblements - Answer- B) Personal Property 
T...
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Bermuda Real Estate and Licensing Exam with Complete Solution Latest 2024/2025.
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Bermuda Real Estate and Licensing Exam with Complete Solution Latest 2024/2025. 
Defect/Cloud in the title - Ans Conflicting claims that prevent the absolute legal 
conveyance of CLEAR TITLE 
Period to Period is a type of leasehold that: - Ans Has no specific expiration but the 
length is specified (like a month to month lease) 
Net Lease - Ans lease in which the tenant pays some or all of the operating 
expenses of the property in addition to rent. Often commercial. 
Adverse Possession - Ans A ...
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Land Unit 7: Easements Questions And Answers|15 Pages
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A client has purchased a plot of land from a seller. The plot forms part of the garden to the seller's house. The seller told the client that they built their house ten years ago and that they intended to continue living in the house (the "retained land") following the sale of the plot to the client. 
 
The client has now decided that she wants to construct a dwelling house on her plot but she has discovered that drains serving the seller's retained land run across the plot. The seller has r...
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Florida Real Estate Exam 2024 with 100% correct answers
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Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 
 
1) $1,050.00 
2) $1,260.00 
3) $630.00 
4) $525.00 - correct answer -$1,260.00 
 
Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. 
 
Heather has been using a roadway at the back of the 22 acre...
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Nebraska Real Estate Sample Test Questions | 100% Correct Answers | Verified | Latest Update 2024 | 54 Pages
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The earth's surface extending downward to the center of the earth and upward into space, including all 
things permanently attached, is known as: 
A) Real Property 
B) Real Estate 
C) Land 
D) A bundle of legal rights - D) A bundle of legal rights 
Moveable objects, which are not considered real estate, are known as: 
A) Real property 
B) Personal property 
C) Fixtures 
D) Emblements - B) Personal Property 
The permanent right to use another's land for the benefit of a neighboring parcel is kn...
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Hawaii real estate Questions and Answer
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4 land districts 
o :## Urban 
o Rural 
o Agricultural 
o Conservation 
What is UCC? 
o :## Uniform Commercial Code- it's a legal form a creditor files to give notice 
that it may have interest in personal property of debtor. Gives public notice of 
right to take possession of and sell property for repayment. 
Can also be security or financing agreement, bulk sales, business opp or direct taxation. 
Tenancy in entirety is same as? 
o :## Reciprocal beneficiaries 
Land trust 
o :## People us...
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NEW JERSEY TITLE PRODUCER 2024 Final Exam Q & A
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NEW JERSEY TITLE PRODUCER 2024 
Final Exam Q & A 
ALTA 1 - CORRECT ANSWER-Street Assessments 
ALTA 2 - CORRECT ANSWER-Truth in lending 
owners policy - CORRECT ANSWER-insures estates of ownership, remains constant 
over the life of the property. Covers property line disputes. 
A type of title insurance issued in the name of the property owner. Coverage runs from 
the time of purchase for as long as the policyholder owns the property. 
mortgage lender policy (loan policy) - CORRECT ANSWER-lende...
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Georgia real estate exam Complete Questions & Answers!!
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Easement by prescription - ANSWER Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law 
 
Easement by necessity - ANSWER Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress over a grantors land) 
 
Rescission - ANSWER The practice of one party canceling or terminating a contract. 
 
Mortgagee - ANSWER The bank(receiving the house) 
 
Tax prorations - ANSWER Taxes are paid...
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