Chattel Study guides, Revision notes & Summaries

Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023 Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities In order for an asses...

How to answer whether an object is a fixture or chattel. Provides a list of case law for different objects. Includes an example answer. The structure that should be followed to answer this question and the tests that should be applied.

Which of the following is NOT exempt from obtaining a license? - correct answer A licensed attorney acting as a sponsor to a real estate salesperson A real estate salespersons license must be renewed every .........years. - correct answer 2 A real estate salesperson operates as what type of agent to their client? - correct answer Special Agent According to this, a broker may be held responsible for the unlawful actions of his/her salespersons? - correct answer Vicarious Liabilit...

A landowner's claim to airspace should be... Restricted to such height as is necessary for ordinary enjoyment (bernstein of leigh (baron) v skyviews & general ltd [1977]) What section of the lpa does the definition of land come from 205(1)(ix) 2 tests for identifying a fixture Method and degree of annexation Object and purpose of annexation (berkley v poulett [1977]) Which test for identifying a fixture is the conclusive test Object and purpose of annexation test (berkley v...

Pearson Vue Exam Questions & Answers, 100% Accurate, rated A+ Real property interests include... - -an appurtenance that goes with the land. Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements What is a form of ownership that is restricted to husbands and wives? - -Tenancy by the entirety. Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivo...

The concepts of land are Correct Answer-Legal, geographic and environmental, economic, and social. For appraisal purposes, market value may be defined as Correct Answer-The most probable selling price Appraisal is Correct Answer-The act or process of developing an opinion of value. What is Chattel? Correct Answer-Personal property is generally considered property that is movable,[1] as opposed to real property or real estate. What is a fixture? Correct Answer-any physical property th...

7 Intentional Torts - Answer-1. Battery 2. Assault 3. False Imprisonment 4. IIED 5. Trespass to Land 6. Trespass to Chattel 7. Conversion Personal Invasions - Answer-1. Battery 2. Assault 3. False Imprisonment 4. IIED (No transferred Intent) Property Invasions - Answer-5. Trespass to Land 6. Trespass to Chattel 7. Conversion (No transferred Intent) Affirmative Defenses - Answer-1. Consent 2. Self Defense 3. Defense of Others 4. Defense of Property 5. Recovery of Property ...

Who Commissions notaries public? A. State Comptroller B. County Clerks C. Attorney General D. Secretary of State - Correct answer-D. Secretary of State The application fee for a notary public commission is? A. $40 B. $60 C. $80 D $90 - Correct answer-B. $60 An application for a notary public commission must be submitted to? A. County Clerk B. Local civil court C. Division of Licensing Services D. None of the above - Correct answer-C. Division of Licensing Services Which of the fol...

McKissock Liberty University -McKissock Learning - Basic Appraisal Principles well answered"A document or a clause in a document in which the borrower accepts responsibility for the repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - correct answer mortgage note "The earth's surface, both land and water, and anything that is attached to it whether by the course of nature or human hands" is the definition of: A) land B) site C) water D) real property - c...

IAAO 102 Questions and Answers Already Graded A Anticipation Value is created by the expectation of benefits to be derived in the future Substitution the prices, rents, and rates of return of property tend to be set by the current prices, rents and rates of return for equally desire able substitute properties. Contribution the value of a component of real estate can be measured by the amount it contributes to net operating income because net operating income can be capitalized into value. Mar...