Parcel of land - Study guides, Class notes & Summaries
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Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+
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Tennessee National Portion REAL ESTATE 
EXAM Latest 2024 Graded A+ 
A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its 
charter. 
Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. 
A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells 
that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new 
owner and the remaining joint t...
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Barney Fletcher Real Estate Exam correctly answered 2023
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Barney Fletcher Real Estate Exam correctly answered 2023 
False - correct answer Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? 
 
D - correct answer Mineral rights are: 
A. Always considered to be personal property 
B. Always pass with the land 
C. Cannot be sold separately from the land 
D. Pass with the land, unless otherwise specified in the deed 
 
C - correct answer Which of the following is NOT an improvement of land?...
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Michigan State Title Insurance - Exam Questions And Answers
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$.55 - County Transfer Tax 
$10,000 - Fine for violating a cease and desist order issued by the commissioner 
30 days - An agent must report a change in his or her mailing address to the Department of 
Insurance within 
36 - How many sections are in a township 
40 years - How long is the Michigan Marketable Title Act 
40 years - To obtain marketable record title to real property, an owner needs an unbroken chain of 
title for how many years 
6 miles - The space between range lines 
640 acres - A...
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California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)
- Exam (elaborations) • 13 pages • 2023
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California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)In reference to Property Taxes, "basis" or "cost" is - ANSWER-Purchase price of prop plus cost of improvements. 
 
How is a condominium unit owned? - ANSWER-Separate intere...
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PVL3701 Assignment 2 Semester 2 (388427) Due 23 September 2024
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Question 1 Not yet answered Marked out of 2 QUIZ A composite thing usually consists 
of three various constituent parts. Which one of the following is not part of a 
compositething? Select one: a. An accessory thing b. An auxiliary thing c. A fungible 
thing d. A principal thing Clear my choice PVL3701-24-S2 Welcome Message 
Assessment 2 Question 2 Not yet answered Marked out of 2 QUIZ Lindiwe and Fikile 
are neighbours. Fikile planted trees next to their boundary. The branches of th...
Too much month left at the end of the money?
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Illinois leasing agent practice exam
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1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brought in the money. This is legally referred to as: - Answer- Breach 
 
2. In dealing with the public, a licensee: - Answer- may keep silent about a material fact concerning the property if the client is the owner. d) may negotiate different commissions with different owners. 
 
3. Escrow monies: - Answer- could include security deposits as well a...
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iaao 101 Exam Questions with correct Answers
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ad valorem - Answer- According to Value 
 
The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 
2. Listing 
3. Valuation 
 
The taxable location of personal property is referred to as its' - Answer- Situs 
 
The type of value usually estimated by an Appraiser is the - Answer- Market Value 
 
The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value 
 
Assessment level times the tax rate equals - Answer- Th...
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Study Quiz Bank from Real Estate Dynamics 18th Edition A Practical Approach to Licensing
- Exam (elaborations) • 176 pages • 2024
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Study Quiz Bank from Real Estate 
Dynamics 18th Edition A Practical 
Approach to Licensing
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Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024
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Principles of Real Estate 2 Champion Exam 
With 100% Correct Answers 2024 
What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability 
the percentage of value or sales price that a lender is willing to finance - answerLoan to 
Value Ratio (LTV) 
the value of a property is equal to the sum of the contributory value of each of its component 
parts. - answerprinciple of contribution 
the forces acting on a parcel of land are always affecting the value of the land - 
answerPRIN...
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Legal Aspects of Real Estate Final Exam 2023/2024 With Complete Solutions
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Legal Aspects of Real Estate Final Exam 2023/2024 With Complete Solutions 
Because the United States started as an English colony, our legal system is a mix 
of 
common law and civil law 
Which of the following is not one of the four main sources of law? 
Contract law 
Based on the two broad categories of law, which one covers typical cases 
involving contracts and property ownership? 
Civil law 
The California _________ is the highest court level and all courts in California are 
bound by it...
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