Mechanics lien - Study guides, Class notes & Summaries

NYS Notary A Notary who refrains from performing a duty, which is imposed by law or inherent in the nature of his/her office, may be guilty of? a. A felony b. Criminal Contempt c. A Tort d. A Misdemeanor - Correct answer-d. A Misdemeanor A copy of a public record signed and certified as true copy by the public official having custody of the original is known a(n): a. Affirmation b. Authentication c. Certified Copy d. Acknowledgment - Correct answer-c. Certified Copy To grant the rig...

Real Estate Principles Final Exam(2023 updated)correctly answered to passAnything that is fastened or attached to real property permanently is considered to be: - correct answer Real Property A quitclaim deed releases all present claims, rights and title of the: - correct answer Grantor When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - correct answer Obtain a writ of execution Before a mechanics lien is effective it must be: - co...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

CSLB Concrete C8 License Practice Test #2 Exam | Questions and Answers Graded A+ Latest 2024/2025 In order to install electric fire alarms you must have a - CORRECT ANSWER C-10 electrical license Contractor must notify registrar of a change in address in - CORRECT ANSWER 90 days Inactive license renewal - CORRECT ANSWER 4 years Active license renewal - CORRECT ANSWER 2 years Expired license renewal - CORRECT ANSWER 5 years GC has ____ days to pay subs - CORRECT ANSWER 7 Number of wo...

How are AZ property taxes charged? - Answer-Ad Valorem What does Ad Valorem mean? - Answer-Assessed Value How are Arizona Property Taxes paid? - Answer-Levied once, Paid Twice When are AZ property Taxes Due? and Delinquent? - Answer-Oct-Nov and March-May (O No More Money) Who do you pay the property taxes to? - Answer-County Treasurer What is the penalty for AZ Property Tax Delinquency? - Answer-16% Property Tax Assessment Ratio Residential? - Answer-10% Property Tax Assessment Ratio Lan...

A Notary who refrains from performing a duty, which is imposed by law or inherent in the nature of his/her office, may be guilty of? a. A felony b. Criminal Contempt c. A Tort d. A Misdemeanor d. A Misdemeanor A copy of a public record signed and certified as true copy by the public official having custody of the original is known a(n): a. Affirmation b. Authentication c. Certified Copy d. Acknowledgment c. Certified Copy To grant the right of usage in real property to an...

When the county assessor evaluates real estate for the purpose of taxation, this is called: - Assessed value What lien has priority first: - Property taxes Property taxes become a lien the first day of: - January If a property is not bid at a tax foreclosure sale: - Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - Property Taxes, Special Assessments, IRS Liens When a broker misappropriates funds, this is cal...

All of the following would be considered real property except 1. Mineral rights 2. A leasehold estate 3. Fixtures 4. Air - 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 - 2. On which the easement is placed Which of the following statements concerning encumbrances is not true? 1. All encumbrances are lien 2. All liens are encumbra...

Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: curtsey rights Answer: right a husband has to his wifes estate upon her death Q: fee simple defeasable Answer: a gift of land by a person or GRANTOR Q: Life Estate Answer: an estate in land for the duration of someones life (always a gift of land/ real estate) Q: Homestead Answer: Texas is a Homestead State. The property that you own and live in. It is a constitutional right that ca...

Covenants, Conditions, and Restrictions (CC&Rs) CORRECT ANSWER rules set forth in the deed or in a document referenced by the deed that the owner agrees to adhere to if they purchase the property liens CORRECT ANSWER an interest in property gained by a creditor to secure a debt of some type mortgage lien CORRECT ANSWER filed by a lender to secure repayment of a loan voluntary to debtor CORRECT ANSWER is a mortgage lien voluntary or involuntary specific lien CORRECT ANSWER is a mortga...