Vertical land description - Study guides, Class notes & Summaries

McKissock Learning - Basic Appraisal Principles Exam Questions and Answers | 100% Verified and Updated 2024 "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 p...

Baselines - ANSWER in the United States government survey, the major east-west guidelines Grid - ANSWER the 24-mile square created between each guide meridian and parallel in the United States government survey Guide meridians - ANSWER vertical lines placed every 24 miles on the United States government survey; intersect with parallels to create 24-mile squares used for describing land parcels Metes and bounds description - ANSWER method of land description that begins with a permanent ...

MA Real Estate EXAM Questions and Answers 2024 What are the two types of property? -Answer-real property and personal property Real estate, Real Property, or Realty -Answer-land and certain items attached to the land What rights of ownership does the owner of real estate (real property, realty) have? - Answer-The ability transfer ownership, administer, loan against and lease. What does the owner enjoy with ownership? -Answer-Possession, control, quiet enjoyment and disposition. How is Re...

CT Real Estate Exam General: Property Ownership Rated A+ Survey location and dimension of property Real Property The house and land Personal Property everything but the house and land Improvement Addition to the property or land Vertical Land description Defining the Air rights Fixture once-moveable items attached to real property Trade fixture a fixture that is not attached to real property. Used in Commercial settings. EX: freezer at restaurent. Annexation Personal Property becoming Rea...

NC Real Estate Exam Prep Superior School Ch.2 Questions and Answers The concept by which land would increase automatically along a river or stream is known as: A accretion B littoral rights C avulsion D reliction -Answer-A Accretion is the gradual buildup of land along a river a stream. It increases automatically because the land owner does not have to do anything to gain the increase. It is the opposite of erosion. Which of the following is generally considered real property? A emblem...

Real Estate Law Exam 3 Complete Questions and Answers(2023/2024 Latest Update)! Baselines - ANSWER in the United States government survey, the major east-west guidelines Grid - ANSWER the 24-mile square created between each guide meridian and parallel in the United States government survey Guide meridians - ANSWER vertical lines placed every 24 miles on the United States government survey; intersect with parallels to create 24-mile squares used for describing land parcels Metes and bou...

Test Bank For Advanced Accounting 3rd Edition, Jeter & Chaney YOU CAN FIND MORE QUESTIONS AND ANSWERS, just go HERE Chapter 1: Introduction to Business Combinations and the Conceptual Framework Multiple Choice 1. Stock given as consideration for a business combination is valued at a. fair market value b. par value c. historical cost d. None of the above 2. Which of the following situations best describes a business combination to be accounted for as a statutory merger? ...

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...

Adaptation correct answers Concerns fixtures. How an item fits can determine whether the item is personal property or real property. If an item is "made" for a specific spot, it is a fixture. Ex: window shades are usually fixtures as they are made to fit inside the window frame. Agreement of Parties correct answers Most important test of whether an item is a fixture or not. If you are not sure if an item is considered to be a fixture, clarify in a contract w buyer & seller. Air righ...

CT Real Estate exam General: Property Ownership Graded A+ Survey location and dimension of property Real Property The house and land Personal Property everything but the house and land Improvement Addition to the property or land Vertical Land description Defining the Air rights Fixture once-moveable items attached to real property Trade fixture a fixture that is not attached to real property. Used in Commercial settings. EX: freezer at restaurent. Annexation Personal Property...