Chattels real - Study guides, Class notes & Summaries

ARKANSAS AUCTIONEER EXAM COMPLETE QUESTIONS AND ANSWERS 2023/2024 | RATED A+ True/False: The Arkansas Auctioneers Licensing Board is appointed by vote of the Arkansas General Assembly - Answer>>>False - The governor shall appoint the members of the Board All auctioneer licenses expire: - Answer>>>June 30th True/False: The Arkansas Auctioneers Licensing Board has the final decision in the suspension or revocation of an auctioneer's license. - Answer>>>False - The Au...

GA Real Estate Salesperson Questions And Answers 100% Guaranteed Success. Chattels Real - correct answer. leases,mortgages, contracts, deeds - ownership of real property Chattels Personal - correct answer. personal property, Bill of Sale Real Estate - correct answer. The land itself plus permanent attachments Real Property - correct answer. Real estate plus the legal rights and interests that go along with ownership 1 Acre - correct answer. ...

Land - Answer-Surface and all natural things attached to it, subsurface and air above the surface Zoning Administration - Answer-Zoning Board of Adjustment oversees rule administration and appeals Real estate - Answer-land plus manmade permanent attachments Real property - Answer-real estate plus bundle of rights Bundle of Rights - Answer-Possess Use Transfer Exclude Encumber Physical Characteristics - Answer-Immobility; indestructibilit; hetoerogeneity Immobility - Answer-Land cannot mov...

personal property are the items the seller can load into the van when moving after the sale chattels personal refers to cars, boats, furniture, clothes, stocks, money and tools chattels real items that extend to owner an interest in real property; leases, mortgages, contracts to purchase and options

what is property? Correct Answer-property consists of things plus the rights of ownership what is personal property and what is a distinguishing factor? Correct Answer-personal property are items that the seller can load into a van after the moving sale. what is chattels personal Correct Answer-things like cars, boats furniture money etc what is chattel real Correct Answer-chattel real are items that extend to the owner and interest in the property such as leases, mortgages, contracts t...

Pearson Vue Exam Questions and Answers 100% Pass Real property interests include... - Answer- an appurtenance that goes with the land. Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements What is a form of ownership that is restricted to husbands and wives? - Answer- Tenancy by the entirety. Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivor owns...

CA DRE Salesperson Exam Questions and Answers (Latest Update 2024/2025) Verified Answers. What are the two types of freehold estates? - correct answers 1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - correct answers An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the pro...

Indiana Real Estate Exam Prep Review, Verified Solution Land Surface and all natural things attached to it, subsurface and air above the surface Zoning Administration Zoning Board of Adjustment oversees rule administration and appeals Real estate land plus manmade permanent attachments Real property real estate plus bundle of rights Bundle of Rights Possess Use Transfer Exclude Encumber Physical Characteristics Immobility; indestructibilit; hetoerogeneity Immobility Land cannot m...

National Real Estate Exam Outline - Pearson Vue, Questions And Correct Answers Real property The interests benefits and rights inherit in real estate ownership often used as a synonym for Real Estate conveyed by deed Personal property Items called chattels or personalty that do not fit into the definition of real property such as movable objects and bill of sale Fixtures Personal property that's so attached to land or building that by law becomes part of real property such as Plumbing l...

Property - ANSWER All property is divided into 2 categories Real Property and Personal Property Personal Property - ANSWER Chattels Real - Mobility Chattels Personal - ANSWER Such as cars, boats, furniture, clothes, stocks, money, tools etc are known as Chattels Real Real Estate - ANSWER Consists of land itself plus those things which are permanently attached to the land by man (such as buildings) or nature (such as trees). Bill of Sale - ANSWER Personal Property sold, ownership is t...