Easement by necessity - Study guides, Class notes & Summaries

limited partnership - A partnership composed of general and limited partners whose contribution and liability are limited and specifically defined joint tenancy - a form of co-ownership between two or more persons of an interest in real property whereby such persons own the interest together and each person has exactly the same rights in that interest as his co-tenants. Joint tenancy is created by the act of the parties. The key is the right of survivorship. easement in necessity - Arises ...

Principles of Louisiana Real Estate Unit 1 National Portion. Exam Questions With 100% Verified Answers. Land - answerEarth's surface extending downward to the center of the earth real estate - answerAlso called "real property," it is land and anything permanently attached to the land, such as buildings, fences and items that are attached to the buildings. improvements - answerChanges or additions made to a property, such as walls or roads, and so on. These typically increase the value ...

Which of the following is an economical characteristic of land? - ANSWER-Situs A man gave his best friend the right to go hunting on his farm. This would be an example of a (an): - ANSWER-Easement in gross You and your spouse own your house in a form of ownership in which neither of you can sell the house individually your form of ownership is most likely: - ANSWER-Tenancy by entirety When discussing the concept of total square footage with your client , what is the best way to describe...

Which of the following is an economical characteristic of land? - ANSWERSitus A man gave his best friend the right to go hunting on his farm. This would be an example of a (an): - ANSWEREasement in gross You and your spouse own your house in a form of ownership in which neither of you can sell the house individually your form of ownership is most likely: - ANSWERTenancy by entirety Joint Tennessee is a form of: - ANSWERCoownership A joint tenant may transfer his or her interest under...

MIE 305 Exam Questions And Answers 100% Verified Real Property - answerThe legal interests in land and things attached to, or growing on land. Personal Property - answerReferred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. Chattels Real - answerAn interest in land, such as a leasehold. Chattels Personal - answerMoveable personal property. Chattel Personal in Action - answerSomethi...

when is does the servient estate have to repair damages to an easement - ANSWER If they damage the right of way easement they must repair it easement may not hinder servient estate by.... - ANSWER making it impossible to get to both sides of his property Reyna C Ayco. Case with the cities powerstation on top of Reyna's building. Little girl gets electrocuted.... who is liable - ANSWER Court said city is liable and the appt aompex is not liable at all Easements can be terminated in 12 w...

Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - $1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has been using a roadway at the back of the 22 acres Pam owns. She has...

Easement by prescription - Answer Easement acquired by continuous open and hostile use of the property for the period of time prescribed by state law Easement by necessity - Answer Easement allowed by law as necessary for the full enjoyment of parcel of real estate .(right of ingress and egress over a grantors land) Rescission - Answer The practice of one party canceling or terminating a contract. Mortgagee - Answer The bank(receiving the house) Tax prorations - Answer Taxe...

1 OHIO REAL ESTATE TEST QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+ old car - -obedience loyalty disclosure confidentiality accounting reasonable care how do people typically hold title when married? - -tenancy the entirety how long can you be supervised after anti trust stuff? - -10 yrs whats the easement when someone needs access to road or is otherwise landlocked - -easement by necessity when a trust wants to sell its property- who is the legal title holder? - -the trustee ...