Adverse possession - Study guides, Class notes & Summaries

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....

Latest Updated 2023 Land Law- Adverse Possession Question: Jim was the registered owner of Blackacre, where he carried on a vehicle-repair business. Adjoining Blackacre there was a plot of land on which there was a terrace of uninhibited houses awaiting demolition. The local council was the registered owner of this plot and it planned to develop the plot by building a small block of flats. In the meantime, it had boarded up the houses. In 1992 Jim removed the boards from the house ...

Comprehensive and detailed land law notes on adverse possession. *Essential!! *Precise!! *For you!!

Abstract of Title - Answer- A condensed history or summary of all transactions affecting a particular tract of land. Acceleration clause - Answer- A condition in a real estate financing instrument giving the lender the power to declare all sums owing lender immediately due and payable upon the happening of an event, such as sale of the property, or a delinquency in the repayment of a note. Accession - Answer- An addition to property through the efforts of man or by natural forces. Accre...

Pearson vue real estate Exam, Multiple Choice Questions And Correct Answers. If a licensee is paid a salary of $600 per month plus half of the office's 6% fee on all sales, what MUST the licensee's monthly sales be in order for the licensee to receive a total monthly income of $2,220? A. 27,000 B. 37,000 C. 54,000 D. 74,000 An agreement that restricts the use and occupancy of real estate, is part of a conveyance, and is binding on all subsequent buyers is called a(n): A. Agreement for...

Federal Insecticide, Fungicide, and Rodenticide Act (FIFRA) -ANSWER Laws that provide federal control of pesticide distribution, sale, and use. EPA carries out enforcement. Users must take exams for certification as applicators. EPA must register new pesticides and re-register all existing pesticides. Applies to people who manufacture, market, distribute, use, or dispose of pesticide products. What are the two main pesticide classifications? -ANSWER General use and restricted use Gen...

Latest Updated 2023 Land Law- Adverse Possession Question: Jim was the registered owner of Blackacre, where he carried on a vehicle-repair business. Adjoining Blackacre there was a plot of land on which there was a terrace of uninhibited houses awaiting demolition. The local council was the registered owner of this plot and it planned to develop the plot by building a small block of flats. In the meantime, it had boarded up the houses. In 1992 Jim removed the boards from the house ...

condominium Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a on probation A licensee could be active in the real estate business if his/her license is Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has thirty days to place her license in escrow or find another broker Disciplinary actions that can be taken by the ...

Factors that affect a bid-rent curve - - number of commuters or firms - wage rate (time cost) of commuters - speed of travel - frequency of trips Certain requirements for deed: - - Name grantor and grantee - Consideration and conveyance - Contain certain covenants and clauses - Contain exceptions and/or reservations clause & phsycial descriptions - acknowledgment and delivery Action of water - -Involuntary conveyance -accretion reliction - deposit soil, subsiding of water Actual notic...

Differences between Property and Contract Rights? (2) - Answer-K rights are only enforceable against contracting parties. Property rights are enforceable against the world What concept is the basis for the idea of property rights? - Answer-Exclusion (the power to exclude) Can you occupy possessions? - Answer-Yes. The person who possess "the fox" occupies it Encumbrance - Answer-A burden or charge upon an estate or property, so that it cannot be disposed of without being subject to it. A n...