Periodic tenancy - Study guides, Class notes & Summaries
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MIE 305 EXAM 3 WITH 100% CORRECT ANSWERS ALREADY GRADED A+
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CHAPTER 10 
 
 
Bundle of Rights 
sticks metaphor 
 
owner = entire bundle of sticks 
 
renter = only a few sticks 
 
possession, use, control, exclusion, transfer 
 
 
 
Brainpower 
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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 in real...
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National Real Estate Exam - Guide to Pearson Vue Book Latest Update Graded A+
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National Real Estate Exam - Guide to 
Pearson Vue Book Latest Update 
 
Graded A+ 
 
The phrase definite duration refers to: An estate for years 
 
A lease that automatically renews itself, in the absence of notice, is: A periodic tenancy 
 
A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the 
man pay? $80,000/1.20 $66,666 
 
A requirement of a valid deed is that the deed be: Signed by the grantor 
 
To locate buyers for other properties, a broker advert...
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| LATEST EXAM UPDATES| 2024/25 |MO REAL ESTATE EXAM SMART EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/
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MO REAL ESTATE EXAM SMART EXAM REVIEW 
QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ 
Under a Listing agreement, who would be the client? 
The Salesperson 
The broker 
The Seller 
They Buyer - -The Seller 
A property was sold by a foreclosure sale. The sale did not produce enough money to satisfy all the 
debts on the property. What could the creditor who weren't paid now file? 
A deed in lieu of foreclosure 
An estoppel certificate 
A deficiency judgement 
A blanket Mortgage - -A deficien...
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Sales General Exam - Stringham Real Estate School Questions With 100% Verified Answers.
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Sales General Exam - Stringham Real Estate 
School Questions With 100% Verified 
Answers. 
A particular parcel was zoned residential, single family and was surrounded by others zoned the 
same. That parcel was rezoned commercial so a convenience store could be built. This is an 
example of: 
a) Legal non-conforming use 
b) Defeasible fee estate 
c) Spot Zoning 
d) Variance - answerc) Spot Zoning 
Z listed the property. When the buyers expressed interest in seeing it, Z disclosed they would 
have...
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RE Broker Exam Questions & Answers(SCORED A+)
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Bundle of rights - ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance 
 
Real property - ANSWER-Real estate (land + manmade attachments) + bundle of rights 
 
Legal Title - ANSWER-Full ownership of property + bundle of rights 
 
Equitable Title - ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. 
 
Homestead - ANSWER-Rights to principal residence 
 
Fee simple - ANSWER-Highest form of ownership interest - no...
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Hawaii Real Estate Review Quiz 2 Guaranteed Success
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Hawaii Real Estate Review Quiz 2 Guaranteed Success 
Under a net lease, a tenant is least likely to pay 
A) Taxes 
B) Utilities 
C) Insurance 
D) Mortgage amortization ️D) Mortgage amortization 
A recapture clause is usually used in what type of lease 
A) Net Lease 
B) Gross Lease 
C) Percentage Lease 
D) Business Lease ️C) Percentage Lease 
Under Hawaii's Land Use Code, land is classified into Urban, Agricultural, and Rural and 
A) Commercial 
B) Industrail 
C) Conservation ...
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RE Broker Exam with Guaranteed Accurate Answers
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Bundle of rights - correct answer PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance 
 
Real property - correct answer Real estate (land + manmade attachments) + bundle of rights 
 
Legal Title - correct answer Full ownership of property + bundle of rights 
 
Equitable Title - correct answer Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. 
 
Homestead - correct answer Rights to principal residence 
 
Fee simple - correc...
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AYPO - Oregon Real Estate Broker License Education Review Already Passed
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What is a tax allocation district? A district where property is charged a higher property tax in 
order to build infrastructure for that area 
Which of the following is a factor that affects accessibility? 
a. Continuity Incorrect 
b. Mobility substitutes 
c. Air superiority 
d. Matriculation Mobility substitutes 
Predatory loans often have fees that cost more than... 5% of the total amount of a loan. 
Under the veteran loan program, a veteran that purchases a property must make the property his...
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Principles of Real Estate Final Exam With 100% Correct Answers
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Principles of Real Estate Final Exam With 
100% Correct Answers 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the seller's acceptance. 
c. offer is accepted by the broker. 
d. buyer is notified of the seller's acceptance. - answera. buyer signs the counteroffer. 
2. What type of development combines the individual owner...
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Florida Bar Topics| 128 Questions| With Complete Solutions
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Types of Tenancies correct answer: For Years - has a start date and an end date. If the lease starts on a day and is for a period of time, its one of these. 
Periodic - Can't have start and end date. "Month to month", so period-to-period. Not real common to be tested, but you want to say at end of tenancy for years, if there is a hold over tenant, the landlord can bind tenant to periodic tenancy. 
At Will - exactly what name denotes, can be cancelled at any time by either party. Terminates o...
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