General lien - Study guides, Class notes & Summaries

Texas Principles of Real Estate 1: Exam Prep ACTUAL EXAM ALL QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A+ (BRAND NEW!! A real estate agent is an example of what type of agent...? Universal Agent General Agent Special Agent Specific Agent - CORRECT ANSWER Special Agent A means of comparing similar type properties, which have recently sold, to the subject property is known as the...? Cost Approach Assessment Approach Income Approach Market Comparison Approach - CORRECT...

NAB Core Practice Exam 110 Questions 2024 1. Which one of the following steps should be taken first in a risk management program? A. Purchasing of adequate insurance B. Conducting of employee safety drills C. Identifying hazards and risks D. Conducting staff in-services on incident reporting and accident prevention. - ANSWER C. Identifying hazards and risks 2. Which of the following professionals is authorized to dispense medications? ...

Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: curtsey rights Answer: right a husband has to his wifes estate upon her death Q: fee simple defeasable Answer: a gift of land by a person or GRANTOR Q: Life Estate Answer: an estate in land for the duration of someones life (always a gift of land/ real estate) Q: Homestead Answer: Texas is a Homestead State. The property that you own and live in. It is a constitutional right that ca...

Michigan Builders License - All questions for the 60 Course Questions with correct Answers A layer of new wood on a tree just under the bark is called __________. · Xylem · Sap · Cambium · Phloem Cambium The Department and the __________ may remove a limitation. Hearing Examiner Director Board Commission Board A salesperson shall turn over money for a sale to their licensed builder Immediately Within 10 days Within 48 hours Anytime ...

When the county assessor evaluates real estate for the purpose of taxation, this is called: - Assessed value What lien has priority first: - Property taxes Property taxes become a lien the first day of: - January If a property is not bid at a tax foreclosure sale: - Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - Property Taxes, Special Assessments, IRS Liens When a broker misappropriates funds, this is cal...

Included among legal requirements of taking title to real property as tenants in common is that? - ANSWER Each co-owner's interest may be conveyed separately. A homeowner employed a contractor to build a swimming pool. The owner did not pay, what time of lien is NOT represented by this lien? - ANSWER General Lien Legal seizure of property to be held for payment of money pending the outcome of a suit to enforce collections is? - ANSWER Attachment A woman build a fence that intended beyo...

MD Real Estate Salesperson Exam Review with Certified Solutions Which of the following would NOT be considered real property? 1. mineral rights 2. a leasehold estate 3. fixtures 4. air 2. a leasehold estate - a leasehold estate is a non-freehold estate involving the tenant's right to occupy the real estate during the term of the lease 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...

1. Which one of the following steps should be taken first in a risk management program? A. Purchasing of adequate insurance B. Conducting of employee safety drills C. Identifying hazards and risks D. Conducting staff in-services on incident reporting and accident prevention. - Answer - C. Identifying hazards and risks 2. Which of the following professionals is authorized to dispense medications? A. registered nurse B. licensed nurse, physician and, in some states, medication aide...

Texas Principles of Real Estate 1 (2024 / 2025) Exam | Questions and Verified Answers | Grade A Q: Under subchapter E of TRELA the commission has a responsibility to make information available about the commission and its duties in the interest in: Answer: The general public Q: In a real estate transactions who may a licensee represent? Answer: A client Q: What type of real estate market occurs when both supply and demand are low? Answer: Stagnant Market Q: Assume you are a licensee in Texas who...

A document that shows where the funding for a commercial real estate project comes from and how that capital is used - Sources & uses A change in zoning from the current zoning on a specific parcel requiring municipal approvals - Rezoning A claim or legal right against assets that are typically used as collateral to satisfy a debt - Lien A collection of building and design requirements that architect includes with the construction drawings that becomes part of the construction contract - S...