Real estate 306 midterm 1 - Study guides, Class notes & Summaries

Real Estate 306 Midterm 1; Questions and Answers 100% Correct real estate Correct answer-physical asset anything that can be owned or possessed; RIGHTS from owning property if you have right of possession, you own real estate profession and an industry real estate as a physical asset Correct answer-is the land and all permanent attachments to the land and anything it is suitable for; ex. fixed structures or parking garage potentia

Real Estate 306 Midterm 1; Questions and Answers 100% Correct Property Correct answer-Anything that can be owned or possessed Tangible Assets Correct answer-Physical things, such as automobiles, clothing, land, or buildings Intangible assets Correct answer-Nonphysical and include contractual rights (mortgage and lease agreements), financial claims, interests, patents, or trademarks Real Estate Correct answer-The land and its permanent improvements

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covenant against encumbrances - no encumbrances except as noted in deed .. ex liens or easements actual notice - open, continuous, actual possession of property affirmative easements appurtenant - easements give the dominant parcel some intrusive use of the servient parcel ex. shared driveways, parking baselines vs principal lines - baselines (east to west) RANGE LINES principal (north to south) TIER LINES building codes - preserves real estate value addresses the issue of incomplete in...

Real Estate 306 Midterm 1 Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100% Verified

Real Estate 306 Midterm 1 Exam | Questions And Answers Latest {2024- 2025} A+ Graded | 100% Verified

Real Estate 306 Midterm 1 Exam Questions and Answers with 100% Solutions | Rated A+ Real estate - physical asset anything that can be owned or possessed; RIGHTS from owning property if you have right of possession, you own real estate profession and an industry real estate as a physical asset - is the land and all permanent attachments to the land and anything it is suitable for; ex. fixed structures or parking garage potential real estate as a bundle of rights - it is the services/ben...

©THEBRIGHT EXAM STUDY SOLUTIONS 8/21/2024 1:28 PM Real Estate 306 Midterm 1 Questions With Correct Answers Real estate - answerphysical asset anything that can be owned or possessed; RIGHTS from owning property if you have right of possession, you own real estate profession and an industry real estate as a physical asset - answeris the land and all permanent attachments to the land and anything it is suitable for; ex. fixed structures or parking garage potential real estate as a bundle...