Joint tenancy 3 of 4 Study guides, Class notes & Summaries

California Real Estate Principles Exam Questions With Answers Latest Update 2024 (VERIFIED) Reed vs. King Case (Ans- Must disclose death (and manner of death) on a property if occurs within 3 years, except AIDS Jones vs. Mayer Supreme Court Decision (1968) (Ans- Racial discrimination not allowed (whether selling or buying) in all PRIVATE property transactions (based on Civil Rights Act of 1968) Easton vs Strassburgar (Ans- Seller disclosures to third parties AND agent visual inspection of...

PSI Real Estate Salesperson Exam 1 With Correct Answers Which of the following would NOT be considered Real Property? 1. Mineral Rights 2. A Leasehold Estate 3. Fixtures 4. Air -answer 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 -answer 2. on which the easement is placed Which of the following statements concerning encumbrances...

NC real estate broker pre-licensing exam Syndication -Answer-Two or more forms joining together as an entity to own real estate Estate in severalty -Answer-Ownership by one individual Concurrent ownership -Answer-Two or more persons share ownership with undivided interests Tenancy in common -Answer-Co-ownership without right of survivorship to other owners Police power -Answer-The broad right of the government to place reasonable restrictions on the use of privately held land Easement -An...

The right to control one's property includes all of the following EXCEPT 1 the right to invite people on the property. 2 the right to exclude the utilities meter reader. 3 the right to erect "no trespassing" signs. 4 the right to enjoy pride of ownership. - correct answerthe right to exclude the utilities meter reader. This right to enter and work on a property is granted to utility companies (water, sewer, gas and electric) as well as telephone and cable companies. Essentially, if a...

MIE 305 Final Exam Questions And Answers 100% Verified What are the "bundle of rights" associated with property ownership? - answer1) Control; 2) Possession; 3) Enjoyment; 4) Exclusion; 5) Disposition Possession - answerThe property is legally owned by whoever owns the title. Control - answerThe titled owner (freeholder) controls the use of the property. Enjoyment - answerRights-holder can enjoy the property in any legal or contractually agreed manner. Exclusion - answerOwner can ex...

Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...

Colibri Real Estate Final Exam with Complete Solutions land contract buyer pays seller to occupy and use property net lease buyer pays rent and other expenses gross lease buyer pays only rent goes to heirs Tenants in common, 2 of 3 people die. Who gets the property of those who died? Tenant owns it in severality Joint Tenancy, 3 of 4 people die. Who gets property of those who died? Client Another word for principal race, nat. origin, sex, color, religion, disability, fa...

Exam Guide for NJ Title Insurance Licensing Study Material All of the following are characteristic of an ALTA loan EXCEPT: A. Exceptions B. Exclusions C. Contingencies D. Conditions - CORRECT ANSWER-C. Contingencies The policy limit noted in a title insurance policy applies to: A. Each defect B. Each claim C. Per year D. Cumulative claims - CORRECT ANSWER-D. Cumulative claims Zoning ordinances are establish by: A. Home builders B. Local Government C. Lender D. All the above - C...

1. which of the following ways of specialization is common in the real estate brokerage business A) by background of client B) by type of property C) by years of experience in the business D) by type of mortgage financing required - correct answer -b 2. which of the following is included in the legal concept of land A) A corn crop B) a lake C) a felled tree D) an abandoned vehicle - correct answer -b 3. a property abuts a non navigable stream. What does the owner own A) land to th...

REAL ESTATE LAW & PRACTICE FINAL EXAM QUESTIONS AND ANSWERS An area where residential density is described overall, but the developer is allowed flexibility in placing the residences in groups interspersed with open space is ____ . 1. Cluster Zoning 2. Exclusionary zoning 3. Cumulative zoning 4. Aesthetic zoning - Answer- 1. Cluster Zoning A strip of land separating two parcels that are zoned differently, such as undeveloped land separating a shopping center from a residential neighborh...