Massachusetts real estate - Study guides, Class notes & Summaries

Estoppel one promises to do something and another relies on that promise and is harmed by them not following through Encroachment illegal intrusion or trespass into or over the property of another. such as a wall or fence Nuisance Interferes with quiet enjoyment and is an encroachment. Private nuisance= small area and can take court action

Massachusetts Real Estate Exam Questions and Answers (Latest Update 2023/24) Verified Answers GRADED A+Massachusetts Real Estate Exam Questions and Answers (Latest Update 2023/24) Verified Answers GRADED A+Massachusetts Real Estate Exam Questions and Answers (Latest Update 2023/24) Verified Answers GRADED A+

Massachusetts Real Estate Test Definitions with complete solutions. 21E Certificate ️ Certifies that property is free from contamination 203(b) ️ FHA financing program for anyone purchasing a primary 1-4 family, owner-occupied residence 1031 Exchange ️ Way to defer capital gains tax; property owner must re-invest profits from the sale of an investment property into another investment property within 6 months 1099 ️ Independent contractor status according to the IRS tax classificat...

Massachusetts Real Estate Exam Questions and Answers 2024

Bundle of Rights An ownership concept describing all the legal rights that attach to the ownership of real property. ( posession, control, enjoyment, exclusion, disposition) Personal Property Chattel; movable/ portable; everything that "falls out" of a house that is turned upside down

Massachusetts Real Estate Exam 2023-2024 Questions and Answers 100% CorrectMassachusetts Real Estate Exam 2023-2024 Questions and Answers 100% CorrectMassachusetts Real Estate Exam 2023-2024 Questions and Answers 100% CorrectMassachusetts Real Estate Exam 2023-2024 Questions and Answers 100% Correct Estoppel - ANSWER-one promises to do something and another relies on that promise and is harmed by them not following through Encroachment - ANSWER-illegal intrusion or trespass into or over th...

Estoppel - correct answer one promises to do something and another relies on that promise and is harmed by them not following through Encroachment - correct answer illegal intrusion or trespass into or over the property of another. such as a wall or fence Nuisance - correct answer Interferes with quiet enjoyment and is an encroachment. Private nuisance= small area and can take court action Public Nuisance = large area and takes city action Rectangular Survey System - correct answer sys...

21E Certificate Certifies that property is free from contamination 203(b) FHA financing program for anyone purchasing a primary 1-4 family, owner-occupied residence 1031 Exchange Way to defer capital gains tax; property owner must re-invest profits from the sale of an investment property into another investment property within 6 months

MASSACHUSETTS REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Estoppel - -one promises to do something and another relies on that promise and is harmed by them not following through Encroachment - -illegal intrusion or trespass into or over the property of another. such as a wall or fence Nuisance - -Interferes with quiet enjoyment and is an encroachment. Private nuisance= small area and can take court action Public Nuisance = large area and takes city action Rec...

Massachusetts Real Estate Exam Guide with Complete SolutionsMassachusetts Real Estate Exam Guide with Complete SolutionsMassachusetts Real Estate Exam Guide with Complete Solutions Abandonment - ANSWER-Lessee leaves without consent of lessor before lease expires, does not break lease or relieve lessee of obligations. Abatement - ANSWER-Diminution of taxes Abstract of Title - ANSWER-Condensed history of legal title, summarizing all instruments in chain of ownership, provided by lender's...