Encumbrances - Study guides, Class notes & Summaries

California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case (Ans- Must disclose death (and manner of death) on a property if occurs within 3 years, except AIDS Jones vs. Mayer Supreme Court Decision (1968) (Ans- Racial discrimination not allowed (whether selling or buying) in all PRIVATE property transactions (based on Civil Rights Act of 1968) Easton vs Strassburgar (Ans- Seller disclosures to third parties AND agent visual inspection of all...

Arizona Salesperson Course Exam Prep: Land Use, Encumbrances, and Taxes Flashcard Set Easement in gross Granted to a specific individual or business entity rather than attached to the property itself Private land use controls Include as easements, conditions, restrictions, and covenants Condition Contingencies under which a property might be won or lost if the condition is violated Covenant Agreements between two or more parties that are enforced via the court system Subdivision Land...

Which of the following would NOT be considered Real Property? 1. Mineral Rights 2. A Leasehold Estate 3. Fixtures 4. Air correct answer: 2. A Leasehold Estate The servient estate in an easement appurtenant is the property 1. owned by the landlord 2. on which the easement is placed 3. owned by the tenant 4. that benefits from the easement correct answer: 2. on which the easement is placed Which of the following statements concerning encumbrances is NOT true 1. All encumbran...

North Carolina Real Estate Exam Prep Basic, Ownership Interests, Encumbrances, Property Description Exam with Correct Answers 3. Estate for the life of another (Pur Autre Vie) - can be inherited by life tenant's heirs until measuring life dies Qualified Fee - Answer-aka FEE SIMPLE DEFEASIBLE This term was on practice test and didn't recognize! (you have to qualify to keep title) Estates NOT of Inheritance - 2 categories - Answer-1. Covnentional Life Estate (Life Tenant's ownershi...

North Carolina Real Estate Exam Prep Basic, Ownership Interests, Encumbrances, Property Description Exam with Correct Answers 3. Estate for the life of another (Pur Autre Vie) - can be inherited by life tenant's heirs until measuring life dies Qualified Fee - Answer-aka FEE SIMPLE DEFEASIBLE This term was on practice test and didn't recognize! (you have to qualify to keep title) Estates NOT of Inheritance - 2 categories - Answer-1. Covnentional Life Estate (Life Tenant's ownershi...

Texas Principles Of Real Estate II Final Exam| Questions and Answers, A+ Rated|Newly Updated 2023/2024 Written documents affecting a title to real estate are recorded: A. where the titleholder resides B. where the titleholder has legal residence C. at the county clerk's office where the property is located D. at any county clerk's office in Texas C A person appointed by a court to settle the estate of a deceased person when the executor cannot perform or refuses to perform is: A....

RECA Fundamentals Exam Questions and Answers Already Passed Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the supply of a good when ther...

All of the following would be considered real property EXCEPT 1. mineral rights. 2. a leasehold estate. 3. fixtures. 4. air. - a leasehold estate. The servient estate in an easement appurtenant is the property 1. owned by the landlord. 2. on which the easement is placed. 3. owned by the tenant. 4. that benefits from the easement. - that benefits from the easement. Which of the following statements concerning encumbrances is NOT true? 1. All encumbrances are liens. 2. All liens are e...

PSI REAL ESTATE SALESPERSON EXAM 1 2023 ACTUAL UPDATE ALL DONE SOLUTION Which of the following would NOT be considered Real Property? The servient estate in an easement appurtenant is the property Which of the following statements concerning encumbrances is NOT true Which of the following is not a specific lien? You have entered into a lease that requires you to pay 20% of the owners expenses. Your lease would be an example of If a husband and wife own an apartment buil...

GA Salesperson Exam Prep Edge: National & State Portions Deed, The deed is the document, Title officially changes hands when, The most common deed types are, General warranty deed (full covenant and warranty deed), The general warranty deed provides 6 covenants (promises)., 3 Covenants provide present warranties:, Covenant of seisin, Covenant of right to convey, Covenant against encumbrances....