Freeholds - Study guides, Revision notes & Summaries

Colibri Review Exam Questions and Complete Solutions Under normal circumstances, what is the maximum number of years a commissioner may serve? - Answer: 6 Which of the following terms is defined herein: "Every interest or estate in real property including but not limited to freeholds, leaseholds and interests in condominiums, town houses or planned unit developments, whether corporeal or incorporeal, and whether the real property is situated in Nevada or elsewhere"? - Answer: Real Estate...

Land Law LPA 1925 s. 1(1) - Answer-Definitions of the 2 legal estates: (a) "estate in fee simple absolute in possession" (freehold estate) (b) "a term of years absolute" (leasehold estate) Entick V Carrington quote - Answer-"Our law holds the property of every man so sacred, that no man can set foot on his neighbour's close without his leave" Lord Cairns in Pugh v Heath 1882 - Answer-"is now not a court of law or a court of equity, it is a court of complete jurisdiction" L...

Law of Property Act 1925 Questions and Answers s1(1) LPA 1925 Estates include freeholds and leaseholds s1(2) LPA 1925 Legal easements = legal interests if certain factors apply Legal mortgages = legal interests Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Brainpower Read More s1(3) LPA 1925 Equitable interests are those that do not qualify under s1(1) and s1(2) s2 LPA 1925 When overreaching the beneficiarie...

RE Salesperson License requirements? - Answer 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? - Answer 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is MLS? - Answer Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings. Difference between RE Salesperson and RE Broker? - Answer Salesperson wor...

Introduction to Land Law What are the features of land as property? - Answer-Immoveable, real property (realty), freeholds What are the features of chattels as property? - Answer-Moveable, personal property (personalty), chattels and intangibles What type of property are leaseholds? - Answer-'Chattels real' s205(1)(ix) Law of Property Act 1925 defined what? - Answer-"Definition of land includes any land, mines, minerals, buildings or parts of buildings divided horizontally, vert...

When was the Philadelphia convention and who attended ? correct answers - The Federal Convention met in the Philadelphia state house from May 25th to September 17th 1787 - Every state was represented except Rhode Island, which declined to participate - A total group of 55 delegates attended, although the average at each session was about 30 What was the makeup of the delegates to the constitutional convention? correct answers - The states initially appointed 70 delegates to the constitution...

Level 11 MAIN SUMMARY EXAM QUESTIONS of property happens when the current owner gives up the title to the property by deed or will. voluntary alienation A ____ is the voluntary alienation and transfer of an interest and rights in real property, such as a home or commercial real estate conveyance 00:0601:17 ownership rights in real property-interest in property and BUNDLE of rights title 6E (1) in TREC 1-4 family is REQUIRED notice LH must give buyer get title insurance or have abs...