Subsurface rights - Study guides, Class notes & Summaries
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Champions real estate principles of real estate 1 in 2022 latest update
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Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships 
 
Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. 
 
immobility - correct answer It's a physical characteristic of land that cannot be moved 
 ...
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Oklahoma Real Estate Exam PSI Questions and Answers 100% Pass
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Oklahoma Real Estate Exam PSI 
Questions and Answers 100% Pass 
 
Real Property or "Realty land along with its improvements 
 
Real property and what are generally synonymous? Real Estate (Real Property is the 
preferred term when distinguishing between Personal Property.) 
 
Estate generally, everything one owns 
 
Land earths surface, subsurface to the center of the earth, the space overhead, and the rights 
to each 
 
Improvements Additions to property that increase its value or enhance its ...
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REAL 4000 Test 1 - UGA Dr. Martin Questions And Answers With Latest Solutions
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3 phases of 2007 collapse - 1. mortgage 
2. financial crisis 
3. recession 
1. identify the tangible assets of land and buildings 
2. denote the bundle of rights associated with the ownership of property 
3. activities related to the acquisition, operation, disposition of physical assets - 3 ways to describe 
"Real Estate" 
poorly built real estate and the effects of decisions in real estate last a long time - durability 
real estate gets added to the market in relatively large chunks, hard to...
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McKissock Learning - Basic Appraisal Principles Questions With 100% Correct!!
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"A document or a clause in a document in which the borrower accepts responsibility for the repayment 
of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - Answer-mortgage note 
"The earth's surface, both land and water, and anything that is attached to it whether by the course of 
nature or human hands" is the definition of: A) land B) site C) water D) real property - Answer-A 
The public restriction on property rights that allows the government to place a lien on a p...
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Property Management Mock Exam Question and answers correctly solved 2024/2025
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Property Management Mock Exam Question and answers correctly solved 2024/2025 Property Management Mock Exam #4 
 
The demand for professional property management around the end of the nineteenth century resulted primarily from - correct answer the invention of the high-speed elevator---Also steel framed buildings, development of suburban areas and investment opportunities. 
 
What organization awards the designation Certified Property Manager (CPM)? - correct answer Institute of Real Estate...
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Maine Real Estate Final Exam 2023-2024 Questions and Answers 100% Correct
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Maine Real Estate Final Exam 2023-2024 Questions and Answers 100% CorrectMaine Real Estate Final Exam 2023-2024 Questions and Answers 100% CorrectMaine Real Estate Final Exam 2023-2024 Questions and Answers 100% CorrectMaine Real Estate Final Exam 2023-2024 Questions and Answers 100% Correct 
An adequate legal description of real estate is one: - ANSWER-by which a reasonable person can determine what property is described - the legal description is legally "adequate" if a reasonable person cou...
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Utah Real Estate Class Arti Latest 2024
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Utah Real Estate Class Arti Latest 2024 
 
Chapter 1 
 
Affixed Typically in reference to mineral, water, or surface rights, resources that go with the 
property are affixed. 
 
Annexation The process of personal property becoming real property. With reference to 
subsurface rights, annexation is adding water or mineral rights to the property. Legal tests 
include method of annexation, adaptability, relationship of the parties. 
 
Appurtenance Something that comes with real property. Water or a...
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REE 3043 REVIEW QUESTIONS WITH REVISED CORRECT ANSWERS
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REE 3043 REVIEW QUESTIONS WITH REVISED CORRECT ANSWERS 
Nonrecurring Expenses - Answer-Leasing commissions, tenant improvements, retenanting expenses 
 
A project's NOI is calculated by: - Answer-deducting all expenses and allowances from the property's effective gross income 
 
The capitalization rate found by dividing the NOI of a property by its selling price takes into account investor's future cash flows - Answer-true 
 
The allowance known as the reserve for replacements and other nonr...
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N.C. Real estate pre-licensing exam with correct answers 100%
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N.C. Real estate pre-licensing exam with 
correct answers 100% 
Real property -Answer-Land & everything that is permanetly attached to the land & everything 
that is appurtenant to the land 
Personal property (personalty) -Answer-All propery that doesn't fit the definition of real 
property. CHATTLES are moveable 
Land -Answer-The earth's surface extending downwards to the center of the earth & upward to 
infinity 
Real estate (realty) -Answer-Land at, above, or below the earth's surface, inc...
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CA Real Estate Salesperson Exam
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Land - Answer-The physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". 
 
Real estate - Answer-generally refers to land with permanent manmade improvements. 
 
Real property - Answer-refers not only to the land and its improvements, but also the bundle of rights, powers, and privileges ("bundle of rights") that are legally connected to ownership of that land. Transferred by deed. 
 
Tangible rights - Answer-b...
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