Recorded plat method Study guides, Class notes & Summaries

National Real Estate Exam All Answers Correct & Verified Which of the following constitute an estate (tenancy) for years? A month-to-month lease. A tenancy at sufferance. A lease that is set to last six months. A tenancy at will. 67. A federal law that regulates t 1. Which method of legal description uses point of beginning, direction and distance? Metes and bounds. Lot and block. Government rectangular survey. Recorded plat. Metes and bounds. Previous Play Nex...

Gold coast chapter 10which of the following best describes a contract for sale that contains a street address instead of a legal description? A. it is not valid under the statute of frauds b. It is valid only if witnessed c. It is valid, but may lead to Future dispute D. It is a violation of the code of ethics - correct answer C. It is valid, but may lead to a future dispute Which method of legal description uses compass bearings to indicate the direction of boundary lines? A. Lot a...

Maine - Real Estate Exam PrepFixture - An object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements - Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians - Imaginary north-south lines which intersect base lines to form a starting point for the meas...

Champions principles of real estate 1 . EXAMS 3VERSIONS COMBINED Q & A Homestead Protection - ANSWER A statutory estate- a family homestead is protected from forced sale by all creditors except: mortgage, property taxes,m&m liens and homeowner association fees ad valorem taxes - ANSWER Taxes on real estate property's according to value of property Promulgated Contract Forms - ANSWER Written by the Broker-Lawyer Committee and promulgated by TREC these contract forms are for the manda...

Maine - Real Estate Exam Prep Latest 2023 Graded A Fixture An object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians Imaginary north-south lines which intersect base lines to form a starting point f...

Nevada Real Estate Exam 1 Questions and Answers Already Passed A legal description using markers or monuments and ending at the same point as it began is: Metes and Bounds description property obtained during the course of the marriage Community Property Property owned by all owners of a condominium and available for use by them is Common Area A park has been created by the city to separate a shopping center from a residential subdivision. The park would be a A Buffer Zone M...

Maine - Real Estate Exam Prep with 100% Correct Answers |UPDATED| Fixture *Ans* An object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements *Ans* Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians *Ans* Imaginary north-south lines which inters...

Baselines - ANSWER in the United States government survey, the major east-west guidelines Grid - ANSWER the 24-mile square created between each guide meridian and parallel in the United States government survey Guide meridians - ANSWER vertical lines placed every 24 miles on the United States government survey; intersect with parallels to create 24-mile squares used for describing land parcels Metes and bounds description - ANSWER method of land description that begins with a permanent ...

Idaho Real Estate (State Test) Questions and Answers Graded A+ The primary purpose of the Idaho real estate commission is to: Protect the public and industry Initial application for a real estate license is administrated by Idaho real estate commission Where does the money come from to operate the Idaho real estate commission All licensees The Idaho real estate commission consists of how many member commissioners 4 The Idaho real estate generally meets: Monthly Course make-up work is allowe...

Azure Tide Real Estate School Exam General Questions (2023/2024 Update with 100% Correct Answers)Azure Tide Real Estate School Exam General Questions (2023/2024 Update with 100% Correct Answers)Azure Tide Real Estate School Exam General Questions (2023/2024 Update with 100% Correct Answers) Six duties of the broker as a fiduciary are : - ANSWER- COLD + AC - C = Care, skill and diligence - O = Obedience, - L = Loyalty, - D = Disclosure, - A = Accounting, - C = Confidentiality OR ...