Affixed - Study guides, Class notes & Summaries

users of real estate Correct Answer-Tenant or occupant. An entity or persons who use a certain premise. Value Determination Correct Answer-Value is entirely derived by how a piece of real estate can be used or what can be extracted. uses of real estate Correct Answer-Residential, business, retail, public, infrastructure. real property Correct Answer-rights associated with ownership of land and all permanent attachments to land. personal property Correct Answer-objects that are not pe...

MS Real Estate PSI Exam Study Guide Accurate 100% MS Real Estate PSI Exam Study Guide Accurate 100% MS Real Estate PSI Exam Study Guide Accurate 100% Property Ownership - ANSWER An item that has a legal owner, along with the attendant rights to legal ownership. Real Property - ANSWER Ownership of real estate and the bundle of rights associated with owning real estate. Personal Property - ANSWER Ownership of anything which is not real estate, and the rights associated with owning the p...

Real Estate 306 Exam 1; Questions and Answers 100% Correct property Correct answer-refers to anything that can be owned or possessed Land Correct answer-may include more than the earth, may also include improvements to the land Raw land Correct answer-large land area with no improvements personal property Correct answer-things that are movable & not permanently affixed to the land Ownership rights Correct answer-Real estate provides people with this "bundle of rights"

McKissock Liberty University -Real estate appraisal principles and procedures with verified solutions REAL ESTATE Is the physical land and improvements Real property Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything permanently attached or affixed to the land, anything incidental or appurtenant to the land, and anything immovable by law. Bundle of rights Bundle of rights include the rights to use, enjoy, excl...

ADJUSTER PRO EXAM WITH REVISED ANSWERS (2023) Stu has a collection of rare comic books. He wants to purchase theft insurance for his collection, separate from his home and other property. What term most accurately describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline Policy Which of the following statements does NOT apply to the Standard Fire Policy? - CORRECT ANSWER-It automatically covers wind and vandalism. Which of the following refers to being restored to the ...

What is Real Estate? - ANSWERLand + Improvements Improvements = Anything reasonably permanently attached/affixed to land. What are the 6 most important things in Real Estate? - ANSWERLocation, Location, Location Timing, Timing, Timing Real Estate Special Characteristics - ANSWER1. Fixed Location 2. Uniqueness 3.Interdependence of land uses 4. Long life 5. Long-term commitments 6. Large transactions 7. Long gestation period 4 Main Sectors of Real Estate - ANSWER1. Residential ...

ad valorem - Answer- According to Value The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Answer- Situs The type of value usually estimated by an Appraiser is the - Answer- Market Value The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value Assessment level times the tax rate equals - Answer- Th...

CA DRE Salesperson Exam Questions and Answers (Latest Update 2024/2025) Verified Answers. What are the two types of freehold estates? - correct answers 1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - correct answers An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the pro...

How many "No trespassing" signs were affixed to the gate? How big were they? correct answers 8. They were commercial signs measuring 10 inches x 14 inches. What were the steps Drumpf took to protect his home? correct answers 1. Built a 3 ft. chain link fence surrounding the property entirely and secured by a vertical latch mechanism. 2. Fully boarded all windows except back ones. 3. All doors and windows were secured by burglar bars. 4. Blocked visibility of the front porch by placing...

constructed terms - Answer a word made up of multiple word parts eponym - Answer a term derived from a name non constructed terms - Answer terms that are not formed from individual word parts prefix - Answer word part that is affixed to the beginning of a word word root - Answer a word part that provides the primary meaning of a term suffix - Answer a word part that is affixed to the end of a word combining vowel - Answer a vowel used when a suffix starts with a c...