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ASREB Exam prep A-1 (gray packet) Questions With 100- Correct Answers
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ASREB Exam prep A-1 (gray packet) Questions With 100- Correct Answers
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10/7/24, 1:56 PMASREB Exam prep A-1 (gray packet)
Jeremiah
Terms in this set (46)
The sale of personal property would Bill of sale
include:
What governmental right requires Eminent domain
compensation to private property owners?
If property is obtained by the state after a Escheat
person dies, this is called:
Transfer of real property requires a: Deed
This is an economic characteristic of real Frozen asset
property:
A promissory note is considered: Personal property
1. Usage
These are included in the bundle of rights
2. Possession
ownership:
3. Sell property at any time
1. INCREASE the lenders yield
Discount points: 2. Usually 1 % of loan amount
3. Decrease the loan term
A storage shed attached to a slab would Fixture
be considered a:
If an HOA had additional expenses how Each property owner would pay a pro rata share.
would they be handled?
An owner sells a property on which a The farmer
farmer lives and works as a tenant. When
the property is sold who gets the crops?
The tenant's right to harvest crops after a Emblements
lease is expired is called:
ASREB Exam prep A-1 (gray packet)
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