Subsurface rights - Study guides, Class notes & Summaries

Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 1. a: Townhomes and single-family homes differ in that a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not o...

An adequate legal description of real estate is one: - Answer- by which a reasonable person can determine what property is described - the legal description is legally "adequate" if a reasonable person could identify the property based on the description. Ownership of real estate includes: a.) Rights to use the surface, subsurface and airspace over the land b.) Fixtures c.) Naturally growing tree growing on the land d.) All of the above - Answer- D.) All of the above Subsurface righ...

Champions Principles of Real Estate 1 Questions with Complete Solutions Brokerage is the aspect of the real estate business that pertains to overseeing the needs of the parties and completing a transaction. a. True b. False a. True Property managers are generally responsible for the _______ of a property that they manage. a. day-to-day operations b. maintenance c. tenant relations d. all of the above d. all of the above Mortgage brokers are now known as: a. TFBs b....

Champion School of Real Estate-Law of Contracts Latest Update 100% Pass Texas Real Estate Commission TREC-created by the Legislature in 1949. 9 member commission whose primary purpose is to carry out the provision of the License Act Real Estate Recovery Trust Account administered by TREC. the purpose of the account is to protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders unlawful practice of law license holder is not qualified to add provisi...

Iowa Real Estate Exam Prep Questions and Answers Already Passed Corn stored in a grain bin is considered real property False Kitchen cabinets, a furnace, or bathroom appliances are considered real property after they have been installed as improvements to the home, even though at one time they were personal property True A dishwasher installed in the cabinets does not need to be excluded from the listing if the owner is planning on taking the washer with them. It can be excluded on the sales a...

Illinois Real Estate Leasing Agent License Preparation with Complete Solutions Illinois Real Estate Leasing Agent License Preparation with Complete Solutions Illinois Real Estate Leasing Agent License Preparation with Complete Solutions Illinois Real Estate Leasing Agent License Preparation with Complete Solutions land - ANSWERConsists of the surface, subsurface, and airspace. Surface - ANSWERwhat appears or what can be seen subsurface - ANSWERSpace beneath the surface What ...

Principles of real estate I (Champions) Questions and Correct Answers 2024 Subsurface rights - Answer -Rights that include ownership of oil, gas and other minerals Surface and air rights - Answer -Rights that are conveyed in a cell tower lease Improvement - Answer -Any permanent man-made addition to the land Personal property - Answer -Things of a temporary, movable nature Modular homes - Answer -Factory-built housing built to local building codes Riparian rights - Answer -Rights that an ...

Ky Real Estate Exam Guide Questions and CORRECT Answers Land rights - CORRECT ANSWER- Surface, all natural things attached to it, subsurface, and air above the surface Real estate rights - CORRECT ANSWER- Land + man made permanent attachments Real property rights - CORRECT ANSWER- Real estate + bundle rights

MN Real Estate Exam Prep Latest Update Rated A+ Bill of Sale What is used to transfer personal property Buffer Zone My be used to separate two incompatible zoning uses Certificate of Occupancy Appurtenances Are attached to and run with the land Real property Is the land, anything affixed to the land and rights and interests in the land and is conveyed by a deed Personal property (1) Includes all items not attached to the land that may or may not be conveyed when the prope...

Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. immobility - correct answer It's a physical characteristic of land that cannot be moved ...