Leasehold estates - Study guides, Class notes & Summaries
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NC Superior Real Estate School - Chapter 14/15 Questions and Answers
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NC Superior Real Estate School - Chapter 
14/15 Questions and Answers 
Chapter 14 Vocabulary: Relationship of Landlord and Tenant - Note: This is Chapter 15 in the 
Adventure Guide -Answer-Chapter 14 Vocabulary: Relationship of Landlord and Tenant - Note: 
This is Chapter 15 in the Adventure Guide 
Breach of Condition -Answer-Failure of landlord or tenant to perform his or her respective duties 
under the terms of the lease, thereby giving the other party grounds for terminating the lease 
agree...
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Real Estate U Test
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Real Estate U 
Test 
Which of the following leasehold estates is open-ended, 
as it does not have a termination date? - CORRECT 
ANSWER Estate at will 
Which of the following types of easements is obtained by a 
squatter who uses another's property without the owner's 
permission - CORRECT ANSWER Easement by 
prescription 
In order to obtain an easement by prescription, for how 
many years must the property by used by the dominant 
tenement - CORRECT ANSWER 10 years 
Which of the follo...
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Mississippi Real Estate Exam Latest Version Graded A+
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Mississippi Real Estate Exam Latest 
 
Version Graded A+ 
 
Real versus personal property real property: Real estate and the bundle of rights 
 
Personal property: all property that is not land or permanently attached to land, excepting trade 
fixtures and emblements. 
 
Physical characteristics of land immobility, indestructibility, and heterogeneity. 
 
Metes and Bounds describes property by landmarks, monuments, distances and angles. From 
point of beginning (POB) and returns to POB 
 
Rectan...
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TN Timeshare Salesperson – 1010 Latest Update Graded A
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TN Timeshare Salesperson – 1010 Latest Update Graded A Appurtenant A homeowner has negotiated with a neighbor to obtain the permanent right to pass over the northern part of the neighbor's land to gain access to the river. He pays the neighbor $9,000 for the right of access and receives a deed. This is an easement 
A legal easement can be created by any of the following EXCEPT definition within a deed. 
A license. A homeowner is willing to let his neighbor park an RV in his backyard. He does ...
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REAL 4000 UGA Dietz Final Exam | Latest Update | 2024/2025 | 100% Verified
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REAL 4000 UGA Dietz Final Exam | 
Latest Update | 2024/2025 | 100% Verified 
 
What is investment value in real estate? 
 
 Investment value refers to the value of a property to a particular investor based on individual 
investment criteria and objectives. 
 
What is the purpose of a property tax assessment? 
 A property tax assessment determines the value of a property for the purpose of calculating 
property taxes. 
 
What is a capitalization rate? 
 The capitalization rate is used to estimate...
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MD Real Estate PSI National Exam 2 Latest Update Graded A+
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MD Real Estate PSI National Exam 2 
 
Latest Update Graded A+ 
 
A person with impaired mobility was renting a unit in an apartment complex. Half the units had 
been assigned parking spaces near the door; the other half had not. The owner 
may charge extra money to the handicapped person for providing the parking space near the 
door. 
must take a vote of all tenants to see if they want to allow the handicapped person a parking 
space. 
must give a parking space near the door to the handicapped ...
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Ct Real Estate Practice exam general questions with 100% correct answers
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Ct Real Estate Practice exam general 
questions with 100% correct answers 
Two lots of the same size are sold on a street. The lot on the corner sells for $20,000 
more than the lot in the middle of the street. Which of the following characteristics 
MOST likely explains the price difference? - Correct Answer ️️ -Situs 
How does a creditor who has obtained a judgment get satisfaction against a debtor who 
will not pay? - Correct Answer ️️ -Writ of execution 
What type of map is MOST usef...
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Connecticut Real Estate Practice Exam General | 135 Questions with 100% Correct Answers | Verified | Latest Update 2024
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Two lots of the same size are sold on a street. The lot on the corner sells for $20,000 more than the lot in 
the middle of the street. Which of the following characteristics MOST likely explains the price difference? 
- Situs 
How does a creditor who has obtained a judgment get satisfaction against a debtor who will not pay? - 
Writ of execution 
What type of map is MOST useful for describing the terrain of a very hilly lot? - Contour map 
A tenant rented an apartment, signing a 15-month lease....
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TN Timeshare Salesperson – 1010 -Questions With Complete Solutions
- Exam (elaborations) • 20 pages • 2023
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Appurtenant correct answer: A homeowner has negotiated with a neighbor to obtain the permanent right to pass over the northern part of the neighbor's land to gain access to the river. He pays the neighbor $9,000 for the right of access and receives a deed. This is an easement 
 
A legal easement can be created by any of the following EXCEPT correct answer: definition within a deed. 
 
A license. correct answer: A homeowner is willing to let his neighbor park an RV in his backyard. He does NO...
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Mississippi Real Estate Exam| 195 Questions| Complete Answers.
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Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership 
 
Fee Simple Estate - ANSWER also called indefeasible fee estate 
 
Freehold estates - ANSWER All fee estates are 
 
Qualified fee estate - ANSWER A fee estate that is subject to limitations other than gov't 
 
Qualified Fee estate - ANSWER also called fee simple estate 
 
Fee Simple Determinable - ANSWER Fee estate which will terminate if a condition stated in the deed comes into being or is te...
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