Conveyance - Study guides, Class notes & Summaries

What are the arrival and reporting requirements for land border conveyances? - Answer-19 CFR 123 outlines land border arrival: 1. Reporting requirements - All conveyances and pedestrians arriving from Mexico or Canada must: - cross at a POE - Immediately report their arrival to a CBP officer - Wait for permission to proceed 2. Manifesting requirements - private automobiles, oral declarations or if deemed necessary, written CBP-6059B - Commercial vehicles, written manifest unless empty, th...

Conveyance of Title - Law of Contracts - Champions Questions and Complete Solutions Graded A+

1) If a Notary refuses to notarize an affidavit presented for NY notary Mobile services. What is the potential maximum jail sentence? A. One month. B. Three months C. Six months. D. One Year Correct Answer: D. One Year 2) The notary certificate of a witness to the execution of a real estate conveyance is called a: A. Qualified resident. B. Official Character C. Proof certificate D. None of the above Correct Answer: C. Proof certificate 3) Which of the following is in the ...

Law of Contracts - Champions Test | Questions & Answers (Graded A+) Law of Contracts - Champions Test | Questions & Answers (Graded A+) Wrongful or criminal deception intended to result in financial or personal gain is called: - ANSWER - fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - ANSWER - 90 days __________ extend above the surface without limitation. - ANSWER - air rights An example(s) of an appurtenance would be: - ...

NYS Notary Practice Exam 2023 with Complete Solutions 100% Verified If a notary refuses to notarize an affidavit presented for NY notary mobile services, what is the potential maximum jail sentence? - Correct Answer 1 year Proof certificate - Correct Answer The notary certificate of a witness to the execution of a real estate conveyance What are the requirements to become a notary public in NYS - Correct Answer at least 18 years of age, resident or qualified non-resident, no special educa...

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...

Rockwell Ch.2 Quiz – Latest Update with Verified Solutions A transfer disclosure statement would not be required in the sale of which of the following properties? a. mobile home when sold along with the real property to which it is attached b. three-unit multi-family dwelling c. single-family home listed for sale by owner d. retail space in commercial district d. retail space in commercial district Explanation: The transfer disclosure statement is only required for transa...

Anticipation - ANSWER-Value is created by the expectation of benefits to be derived in the future Substitution - ANSWER-the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution - ANSWER-the value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be capitalized into value. Market Value - ANS...

Superior School of Real Estate Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: Three joint tenants with rights of survivorship own a parcel of land. One owner sells his interest to a long-time friend. After the conveyance, the remaining original owners: A. become tenants in common with each other B. become tenants in common with each other and the newest owner C. become joint tenants with the newest owner D. remain joint tenants with each othe...

Defect/Cloud in the title - ANSWER Conflicting claims that prevent the absolute legal conveyance of CLEAR TITLE Period to Period is a type of leasehold that: - ANSWER Has no specific expiration but the length is specified (like a month to month lease) Net Lease - ANSWER lease in which the tenant pays some or all of the operating expenses of the property in addition to rent. Often commercial.