Bundle of rights include - Study guides, Class notes & Summaries

©BRAINBARTER 2024/2025 Utah Real Estate Class Arti Study Guide. Chapter 1 Affixed - answerTypically in reference to mineral, water, or surface rights, resources that go with the property are affixed. Annexation - answerThe process of personal property becoming real property. With reference to subsurface rights, annexation is adding water or mineral rights to the property. Legal tests include method of annexation, adaptability, relationship of the parties. Appurtenance - answerSomething ...

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...

McKissock - General Report Writing and Case Studies with complete solutions |Latest 2024/2025 Appraisal ️ "(noun) The act or process of developing an opinion of value. an opinion of value; (adjective) of or pertaining to appraising and related functions such as appraisal practice or appraisal services."1 Report ️ any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authorized by the client upon completion of an assignmen...

Real estate 2024 EXAM QUESTIONS AND COMPLETE SOLUTIONS The concerns of the federal government in regulating real property right's include - Answer -Discrimination Which of the following is included in the bundle of rights inherent in ownership - Answer -To transfer What are three unique physical characteristics of land? - Answer -Immobile, indestructible, heterogeneous The concept that the state controls all bodies of water is called - Answer -The doctrine of prior appropriation ...

A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. CORRECT ANSWER Define a 'Dwelling Unit' - A duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out - The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) CORRECT ANSWER What is the difference between a semi-detached structure and a vertically divided dupl...

The local utility company dug up Cameron's garden to install a natural gas line. The company claimed it had a valid easement and proved it through the county records. Cameron claimed the easement was not valid because he did not know about it. The easement - was valid even though the owner did not know about it Tommy owns 4.5 acres of land for which he paid $200,000. Ken owns the lot adjacent to Tommy; and needs room to build a chicken shed on his property, and wants to buy a strip of Tomm...

Residential Market Analysis and Highest & Best Use Exam Questions and Answers Latest 2024/2025 | Graded A+. The development of a vacant land area is _____________ the highest and best use of the land. Correct Answer: Not Always The Consistent-Use Theory says the _______________ must all be valued considering the same highest and best use of the property Correct Answer: Land and the Buildings ________________ involves subdividing the larger market into a workable study area. Correct Answer:...

Real Estate Fundamentals Questions And Verified Correct Answers Which of the following would be included in the "bundle of legal rights?" A. Immobility B. Uniqueness C. Control D. Indestructibility - ANSWER C. Control In the "bundle of legal rights" which right allows the owner to sell or will their property? A. Possession B. Control C. Enjoyment D. Disposition - ANSWER D. Disposition The phrase "bundle of legal rights" refer to: A. ownership of real property B. a legal...

Texas Principles of Real Estate 1: Quiz Questions and Answers Latest Update. Special Agent - Answer A real estate agent is an example of what type of agent...? Universal Agent General Agent Special Agent Specific Agent Market Comparison Approach - Answer A means of comparing similar type properties, which have recently sold, to the subject property is known as the...? Cost Approach Assessment Approach Income Approach Market Comparison Approach Listing Contract - Answer A contract in ...

Principles and Practices of Hawaiian Real Estate Exam Questions and Answers 100% pass All of the following are synonymous with land improvements and rights therein except: A) Real estate B) Real property C) Realtor D) Realty - Correct Answer ️️ -C In real estate, the term "improvements" most nearly means: A) Fences, wells, drains and roadways B) Additions to the original structure C) Everything tangible except the land D) Outbuildings - Correct Answer ️️ -C The right of ow...