Easements and covenants - Study guides, Class notes & Summaries
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Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023
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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...
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Humber Real Estate - Course 4, Module 14: Transactions Involving Development Land and Farms Exam Study Questions with 100%
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What key information should a salesperson gather and verify regarding a development 
land? - Answer - Key documentation such as existing zoning verification 
- Restrictive covenants or title restrictions that apply to the property 
- Favourable or unfavourable environmental conditions 
- Transportation services 
- Other available services 
- List of expenses to plan for the effort involved in extending these services 
- Current economic climate for this type of investment 
- Physical features of...
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NC 302 Post Licensing Questions & Answers 100% Correct!
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Classifying contracts: 
Express & Implied - ANSWERSExpress: Bilateral, executed 
Intentions stated (orally or written) 
 
Implied: Unilateral, executory 
Inferred from conduct or actions 
 
Classifying contracts: 
Bilateral & Unilateral - ANSWERSBilateral - two promises (both parties bound to do something) 
 
Unilateral - Only one party is bound 
 
Classifying Contracts: 
Executed & Executory - ANSWERSExecuted - All tasks performed (After closing) 
 
Executory - tasks remaining to be done (befor...
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MIE 305 Exam 3 Latest Update with Verified Solutions
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MIE 305 Exam 3 Latest Update with 
 
Verified Solutions 
 
Bundle of Rights 
sticks metaphor 
 
owner = entire bundle of sticks 
 
renter = only a few sticks 
 
possession, use, control, exclusion, transfer 
Property Rights 
the legal rights that a person has over a piece of real property 
Real Property 
The legal interests in land and things attached to or growing on land 
ex: part of the earth’s surface, buildings, fences, and trees 
used to describe the legal rights that a person can have i...
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Real Estate Contract Forms and Addenda Exam 2 (2023/2024) 100% Pass
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Real Estate Contract Forms and Addenda Exam 2 (2023/2024) 100% Pass What is Paragraph 5 in the promulgated contract address? Earnest Money 
What does Earnest Money Serve? As liquidated damages in the event of default 
Is earnest money required? NO 
Failure to Deliver Earnest Money in a timely manner constitutes what? Default and gives the seller the right to exercise the default remedies established by agreement of the parties in Paragraph 15. 
What does Paragraph 23 of the One to Four Family Re...
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Module 1: Hawaii Pre-Licensing Real Estate Class Questions and Answers well Explained Latest 2024/2025 Update 100% Correct.
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These statements regarding restrictive covenants on real property are all true, EXCEPT: 
A) They run with the land 
B) They are enforceable in a court of equity unless contrary to public opinion 
C) They are limited to a specific time period 
D) They may be removed from the record without legal action - C) They are limited to a specific 
time period 
Restrictive covenants are usually not limited to a time period and runs with the life of the land. 
The MOST important factor in determining whethe...
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Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024
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Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 
Superior School of Real Estate Final Exam| 
Questions and Answers, 100% Correct| 
Latest 2024 
Which of the following would create legally binding acceptance of a written offer? 
The seller's agent emails the buyer's agent that the seller signed the offer as written. 
A broker is preparing a comparative market analysis (CMA) for a subject property 
with 3200 square feet. A comparable property has 27...
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IAAO Course 101 Workbook: Chapter 1 with 100% correct answers
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Assessor 
The government official responsible for administrating the property tax system and for Establishing value for ad valorem tax purposes 
 
 
 
Requirements of the assessor 
Discovery , listing and valuation 
 
 
 
Discovery 
Location of all taxable property 
 
 
 
Listing 
Creating an inventory of the quantity, quality and important characteristics of all taxable property 
 
 
 
Valuation 
An estimate of the actual or market value of all taxable property 
 
 
 
Property tax 
Primary sour...
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Humber Real Estate - Course 2, Module 3, Understanding Residential Property Types, Ownership and Planning Questions and Answers(A+ Solution guide)
- Exam (elaborations) • 14 pages • 2024
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Define a 'Dwelling Unit' - Answer-A self-contained housing unit with one or more habitable rooms 
containing at minimum a kitchen, bathroom facilities and an exit from the building. 
What is the difference between a semi-detached structure and a vertically divided duplex? - Answer-- A 
duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out 
- The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) 
Define ...
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Superior School of Real Estate (NC Real Estate Prelicensing) Exam Questions and Answers
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Superior School of Real Estate (NC Real Estate 
Prelicensing) Exam Questions and Answers 
Bundle of Rights -Answer-Right to possession of the property: the right of quiet enjoyment of 
the property; the right to exclude others; the right to dispose of the property by gift, by sale, or by 
will; and the right to control the use of the property and profits within the limits of the law 
Tenements -Answer-All corporeal and incorporeal rights in land 
Corpreal Rights -Answer-Tangible things 
Incorpre...
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