What are the categories of real property?
Residential, Agricultural and Industrial
The point at which supply and demand are balanced is known as?
Equilibrium
The Phrase "bundle of legal rights" is properly included in?
The definition of real property
According to law, trade fixture is:
P...
Bob and Ann purchased a commercial building and took title as a joint
tenants with rights of survivorship. Nancy died in testate (without will). Sam
now owes the building.
✓ Owns it in severalty
An ownership interest that is based on annual occupancy intervals is:
✓ Time-share
Which of the following is an estate indefinite duration?
✓ Freehold estate
What is Cooperative?
✓ Own shares in property and has a lease on apartment
What is a servant tenant?
✓ When you must let your neighbor use your land to access his property.
I.E. in a land lock situation.
What is doctrine of prior appropriation?
Master01 | October, 2024/2025 | Latest update
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ExamArsenal. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.