Law of accession Study guides, Class notes & Summaries

Business Law3 distinct categories of property Real, Personal, Intangible Real Property Land and everything attached to it. Personal Property Things that can be moved. Intangible Property Ideas that have some legal protection (intellectual property, rights, insurance.) Property Law Not really concerned about the actual property (noun). but overall ownership and this is not a thing but a relationship between human-beings and things that are not human, that relation...

WRA FINAL EXAM QUESTIONS AND ANSWERS. 0-Bedroom Dwelling ANSWER : Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title ANSWER : A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause ANSWER : A clause within a mortgage permitti...

Real Estate Fundamentals (PA) Latest 2023 Accession The acquisition of title to land by its addition to real estate already owned, through human actions or natural processes Accretion A gradual addition to dry land by the forces of nature, as when the tide deposits water-borne sediment on shoreline property Acre A measure of land area that is equal to 43,560 square feet. One square mile contains 640 acres Annexation Attaching personal property to land so that the law views it as part of the r...

abstract - ANSWER An abstract is a history of the title to property as revealed by the public records Acceleration Clause (in a mortgage) - ANSWER Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the leaders consent, destruction of the property, or other event which endangers the security of the loan. accession...

Real Estate Course North Dakota Questions and Answers100% Pass (Water Rights) Doctrine of Prior Appropriation Actual water is Controlled by the state (Water Rights) Coastal identifies territorial water rights. 12 nautical miles Economic Characteristics Effect Real Property Scarcity,Improvement, Permanence, Situs Chattel (personal property) Items that do not fit into the definition of real property; movable objects: another word for personal property. Real Property Transferred by de...

Accession - Answer The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - Answer A measure of land area equal to 43560 square feet. 43560 - Answer The number of squarefeet in one acre. Active License - Answer Status of an individual who has met all qualifications to practice real estate as a broker, associate broker, or salesperson; and such license is held by a broker, rather ...

WI real estate salesperson terms & definitions Exam All Questions Marking Scheme 0-Bedroom Dwelling - Answer -any residential dwelling in which the living area isn't separated from the sleeping area Abstract of Title - Answer -condensed history of a property's title showing in chronological sequence, matters such as conveyances, liens, & encumbrances that have been recorded against the title in office of the register of deeds or other public recording place Acceleration Clause - Answe...

Escrow Exam Questions and Answers 100% Pass Principle meridian - Correct Answer ️️ -The north-south lines separating townships 5 ways to acquire property - Correct Answer ️️ -Occupancy Accession Transfer Will Succession Escrow agent - Correct Answer ️️ -any person engaged in the business of receiving escrows for deposit or delivery Metes and bounds - Correct Answer ️️ -A method of land description which involves identifying distances and directions and makes use of both...

Navy Master Training Specialist MTS What is the CIN? - Course Identification Number What's a CDP? - Course Data Processing code; where it's taught How many versions of each test are required? - 3 What are the two types of testing? - knowledge and performance What are the 5 steps of ORM? - Identify, Assess, Make Risk Decision, Implement, and Supervise (IAMIS) Define "High Risk" course - When ORM can't mitigate risk; DOR (Drop On Request) allowed during "High Risk" cours...

Escrow Exam Questions And Answers (Verified And Updated) Principle meridian - answerThe north-south lines separating townships 5 ways to acquire property - answerOccupancy Accession Transfer Will Succession Escrow agent - answerany person engaged in the business of receiving escrows for deposit or delivery Metes and bounds - answerA method of land description which involves identifying distances and directions and makes use of both the physical boundaries and measurements of the land...