Periodic tenancy - Study guides, Class notes & Summaries

A broker found a ready willing and able buyer to purchase seller bonds house at the listing terms before agreeing to the sale seller bond introduced a new restriction stating that the sale could only be completed if the buyer agreed not to build a tennis court on the property the buyer refused and withdrew from the negotiations is the broker entitled to a commission a. no, because seller bond never accepted the buyers first offer b. yes, because the seller can change the terms in a listing ...

Bundle of rights - correct answer PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - correct answer Real estate (land + manmade attachments) + bundle of rights Legal Title - correct answer Full ownership of property + bundle of rights Equitable Title - correct answer Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - correct answer Rights to principal residence Fee simple - correc...

Principles of Real Estate Final Exam With 100% Correct Answers 2024 1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A contract becomes binding between the seller and the buyer when the: a. buyer signs the counteroffer. b. broker is notified of the seller's acceptance. c. offer is accepted by the broker. d. buyer is notified of the seller's acceptance. - answera. buyer signs the counteroffer. 2. What type of development combines the individual ...

Study Set Questions and Answers for Dubai RERA Broker Exam 2024 Bundle of rights - CORRECT ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - CORRECT ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - CORRECT ANSWER-Full ownership of property + bundle of rights Equitable Title - CORRECT ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - CO...

Principles of Real Estate Final Exam With 100% Correct Answers 1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A contract becomes binding between the seller and the buyer when the: a. buyer signs the counteroffer. b. broker is notified of the seller's acceptance. c. offer is accepted by the broker. d. buyer is notified of the seller's acceptance. - answera. buyer signs the counteroffer. 2. What type of development combines the individual owner...

Periodic Tenancy - ANSWER Leasehold estate for a duration of time, not a specific date. Alienation - ANSWER The transfer of ownership or an interest in property from one person to another, by any means. Allodial System - ANSWER The system of land ownership under which anyone can own land. Annexation - ANSWER Attaching personal property to land so the law views it as part of the real property Constructive Annexation - ANSWER Personal property associated with real property in such a wa...

Principles of Real Estate Final Exam With 100% Correct Answers 2024 1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A contract becomes binding between the seller and the buyer when the: a. buyer signs the counteroffer. b. broker is notified of the seller's acceptance. c. offer is accepted by the broker. d. buyer is notified of the seller's acceptance. - answera. buyer signs the counteroffer. 2. What type of development combines the individual ...

NYREI Exam Prep Exam Questions & Answers A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - CORRECT ️️ Periodic tenancy Physical land and everything attached to it is called - CORRECT ️️ Real Estate Equipment a tenant installs for use in his or her business is called - CORRECT ️️ Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by sugge...

Leasing Agent Exam Questions Chapter 3 Questions and Answers 100% CorrectLeasing Agent Exam Questions Chapter 3 Questions and Answers 100% CorrectLeasing Agent Exam Questions Chapter 3 Questions and Answers 100% CorrectLeasing Agent Exam Questions Chapter 3 Questions and Answers 100% Correct A lease for a six month term would be classified as a: a. tenancy for years b. periodic tenancy c. tenancy at will d. tenancy at sufferance - ANSWERa. tenancy for years The tenant leases a property f...

Real Estate Principles Final Study Guide Exam 2024.1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A contract becomes binding between the seller and the buyer when the: a. buyer signs the counteroffer. b. broker is notified of the seller's acceptance. c. offer is accepted by the broker. d. buyer is notified of the seller's acceptance. - ANSWER a. buyer signs the counteroffer. 2. What type of development combines the individual ownership of pr...