Encumber - Study guides, Class notes & Summaries
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ROCKWELL REAL ESTATE CLASSES WA FINAL EXAM 1 2024
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A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: 
a. quitclaim deed 
b. bill of sale 
c. special warranty deed 
d. general warranty deed - ANSWER ☑☑b. bill of sale 
 
Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. 
 
Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will recei...
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PSI Life Final Exam With Actual Answers 100% 2024.
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Obtaining consumer information reports under false pretenses is prosecutable by which of the following? 
1. 
USA Patriot Act 
2. 
Fair Credit Reporting Act 
3. 
State laws where the applicant resides 
4. 
Securities and Exchange Commission - Answer 2. 
Fair Credit Reporting Act 
 
All of the following are features of the spendthrift clause EXCEPT 
 
1. 
proceeds are paid in some other way than a single lump sum. 
2. 
proceeds are protected by the insurer from the beneficiary's creditors. 
3. ...
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Real estate appraisal principles and procedures Question and answers correctly solved
- Exam (elaborations) • 26 pages • 2024
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Real estate appraisal principles and procedures Question and answers correctly solved Real estate appraisal principles and procedures 
 
 
REAL ESTATE 
 
Is the physical land and improvements 
 
 
Real property 
 
Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything permanently attached or affixed to the land, anything incidental or appurtenant to the land, and anything immovable by law. 
 
 
 
Bundle of rights 
 
Bundle of rights i...
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Real Estate Colibri Practice Exam | 100% Correct Answers | Verified 2024 Version
- Exam (elaborations) • 14 pages • 2024
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Which item below can help protect against a home with a listed incorrect street address or legal 
description in public records? - Standard coverage title insurance policy and extended coverage title 
insurance policy 
Robert owns his property and enjoys the full bundle of rights. Can he use his property as collateral for 
debt? - Yes. Robert can encumber his property 
Which location is an industrial coal plant least likely to be located? - Adjacent to an elementary 
school 
What is the least li...
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McKissock Liberty University -Real estate appraisal principles and procedures fully solved
- Exam (elaborations) • 26 pages • 2024
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McKissock Liberty University -Real estate appraisal principles and procedures fully solved REAL ESTATE 
 
Is the physical land and improvements 
 
 
Real property 
 
Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything permanently attached or affixed to the land, anything incidental or appurtenant to the land, and anything immovable by law. 
 
 
 
Bundle of rights 
 
Bundle of rights include the rights to use, enjoy, exclude others ...
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PSI Practice Exam NJ Questions and Answers Graded A+
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PSI Practice Exam NJ Questions and 
 
Answers Graded A+ 
 
all of the following are ownership rights EXCEPT: 
A: changing the beneficiary of the policy 
B: borrowing funds against cash value 
C: switching the policy from on insured to another 
D: assigning all of the rights of the policy to another person C: switching the policy from on 
insured to another 
 
which of the following is characteristic of a non qualified plan: 
A: defined vesting schedule 
B: plan established by the employer 
C: pl...
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REAL ESTATE NATIONAL EXAM GUIDE 2024.
- Exam (elaborations) • 16 pages • 2024
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REAL ESTATE NATIONAL EXAM GUIDE e of rights - ANSWER posess, use, transfer, encumber, exclude 
 
the right to mortgage property as collateral for debt - ANSWER the right to encumber 
 
doctrine of prior appropriation - ANSWER in some states water is owned by govt, individual use requires approval 
 
littoral rights - ANSWER pertain to oceans, seas and lakes because navigable therefore public therefore state owned 
 
riparian rights - ANSWER concerns moving water, state owns if navigable 
 
a per...
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McKissock Liberty University -Real estate appraisal principles and procedures fully solved
- Exam (elaborations) • 26 pages • 2024
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Available in package deal
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Real estate appraisal principles and proceduresREAL ESTATE 
 
Is the physical land and improvements 
 
 
Real property 
 
Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything permanently attached or affixed to the land, anything incidental or appurtenant to the land, and anything immovable by law. 
 
 
 
Bundle of rights 
 
Bundle of rights include the rights to use, enjoy, exclude others and occupy the property, to sell it or lease...
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REAL ESTATE COLIBRI PRACTICE EXAM 2024
- Exam (elaborations) • 14 pages • 2024
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- $16.49
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Which item below can help protect against a home with a listed incorrect street address or legal description in public records? - correct answer Standard coverage title insurance policy and extended coverage title insurance policy 
 
Robert owns his property and enjoys the full bundle of rights. Can he use his property as collateral for debt? - correct answer Yes. Robert can encumber his property 
 
Which location is an industrial coal plant least likely to be located? - correct answer Adjacent ...
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COKO RE EXAM WITH 100% CORRECT ANSWERS(VERIFIED FOR ACCURACY).
- Exam (elaborations) • 55 pages • 2024
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parcel 
portion of land delineated by boundaries 
 
 
 
• Real property 
ownership of real estate and the bundle of rights associated with owning the real estate. 
 
 
 
• Personal property 
ownership of anything that is not real estate, and the rights associated with owning the personal property item 
 
 
 
• Tangible property 
physical, visible, and material 
 
 
 
Intangible property 
abstract, having no physical existence in itself, other than as evidence of one's ownership interest. ...
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