Real estate realty - Study guides, Class notes & Summaries

Solution Manual for Real Estate Finance And Investments 17th International Edition by Jeffrey Fisher William B. Brueggeman-Question 1-1 What is the difference between real property and personal property? Real property refers to the ownership rights associated with realty. Realty refers to land and all things permanently attached. Personal property refers to ownership rights associated with personalty. Personalty are all things, tangible, intangible that are movable. This includes all things...

Which of the following has the authority to suspend or revoke a Texas real estate license? - Answer- TREC Which of the following is an element of a listing agreement? - Answer- the agreement to pay a stated commission, usually a percentage of the sales price the IRS considers which of the following a violation of independent contractor status? - Answer- salesperson is told to work set hours, guaranteed a monthly minimum wage, has his licensing fees paid by the broker the TAR buyer repre...

Real Estate - ANSWER Aka real property or realty, is land and certain items attached to the land. The owner of real property has certain rights of ownership: ability transfer ownership, administer, loan against and lease. Most importantly an owner enjoys: possession, control, quiet enjoyment and disposition. As a general rule: items permanently affixed to real estate (land or building) are real estate. Personal Property - ANSWER Are moveable items like furniture, the bright line of difference...

Nevada Real Estate Key Realty Exam Questions + Answers Already Passed What is the smallest saleable portion of a Nevada subdivision called: Unit Which of the following are required of deeds to be enforceable: must have the grantors signature Personal property could be: emblements: aka crops Real property is: transferred by deed What is it called when the government gives a parcel of real property back to a private citizen: Cloud? A chain of title: Lists all grantors and gran...

Section 5 Real Estate Brokerage Activities and Procedures, Azure Tide Realty Test Bank

Joe Alpha of ABC Real Estate Corp. has been very successful in buying houses, fixing them up, and reselling them. He put an advertisement in the local newspaper seeking investors to help him purchase property and pay for renovations, promising an excellent return on investment when the properties sold. Do you think that Joe needs a securities broker-dealer license? -Correct Answer No Ellie is very regimented. She likes to be in the office by 8 a.m. and be home by 5:30 p.m. She likes that same...

Section 1 Real Estate Business, Azure Tide Realty Exam Questions and Complete Solutions Graded A+

Rich owns a few properties just outside of Tulsa, and he wants to manage them himself. Does Rich need to have a real estate license? Topic: Property Management Subtopic: License Requirements and Exemptions No. Oklahoma doesn't require property managers to hold a real estate license. No. Property owners managing their own properties do not need to hold a real estate license. Yes. If Rich has someone else manage and handle the property finances, he can perform the rest of the tasks him...

Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified) Real property (realty) - ANSWER - Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Appurtenances - ANSWER - Land improve...

California Real Estate Principles - Questions and Answers 100% Pass (1) 1. The Real Estate Law is found in the a. Licensing Code b. Business and Professions Code c. Health and Safety Code d. Corporations Code - Correct Answer ️️ -Business and Professions Code (1) 2. The Real Estate Commissioner reports to the a. California Bureau of Real Estate b. governor c. Real Estate Advisory Commission d. legislature - Correct Answer ️️ -governor (1) 3. Salesperson Sam owns 25% of the ou...