Metes and bounds - Study guides, Class notes & Summaries

Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Real versus personal property - ANSWER real property: Real estate and the bundle of rights Personal property: all property that is not land or permanently attached to land, excepting trade fixtures and emblements. Physical ch...

DONALDSON RE NATL FINAL 100% CORRECT. A real estate development corporation purchased land for a condominium project. The corporation most likely took title to the land A. as a general partnership. B. as a joint tenant. C. In severalty. D. as a syndication. - D. as a syndication. Pulls funds for the development of projects .Man made markers such as a steel rod or concrete post may be part of what type of legal description? A. Metes and Bounds B. Subdivision System C. Lot & Block D....

LSIT Exam Questions & Answers 2024/2025 (i) mathematics, (ii) legal principles, (iii) types of surveys and (iv) survey computations - ANSWERSKnow these forsure Survey Process and Methods - ANSWERS-Instrumentation (e.g., GNSS/GPS, levels, total stations, robotic total stations, scanners, UAS) -GNSS/GPS surveys (e.g., static, kinematic, OPUS, real-time networks) -Control surveys (e.g., horizontal, vertical, network design, accuracy standards) -Cadastral (e.g., Public Land Survey S...

FUNDAMENTALS OF CODE ENFORCEMENT EXAM QUESTIONS AND ANSWERS ASKING FOR THE DEED - ANS WHAT IS THE QUICKEST WAY TO FIND THE OWNER OF A PROPERTY? Metes - ANS MEANS DISTANCE BOUNDS - ANS MEANS DIRECTION Section map - ANS Is a compilation of all parcels in the Section, whether metes and bounds, Government Survey, or Lot and Block describe the parcels. 60 minutes - ANS How many minutes in one degree? 60 seconds - ANS How many seconds in one minute? Easements ...

The fact that an individual must go to the land describes which of the physical characteristics of land? a. non homogeneity b. immobility c. indestructability d. situs - Answer- b. immobility John and Mary are co-owners of a property. John has a 60% interest in the property and Mary has a 40% interest. What type of freehold estate do they have? a. joint tenancy b. Estate in severalty c. Tenancy in Common d. Life estate - Answer- c. Tenancy in Common A property is surveyed to de...

Texas Real Estate State Exam (2023/2024) 100% Pass Real Property land, Improvements attached to the land, and the rights to use them Personal Property right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BILL OF SALE Fixture Personal Property attached in such a way to make it real property. Annexation Process of attaching personal property to real property making it a fixture Severed or Severance Real property being removed becoming pers...

Ch. 5 - ANSWERDeeds and Titles All RE contracts must be in ______ - ANSWERwriting 6 Essential Elements of a Deed - ANSWER1. Grantor [Giver] 2. Grantee [Receiver] 3. Consideration [something of economic value] 4. Legal Description [metes/bounds, plats, etc] 5. Signatures [once have both, then it is considered executed] 6. Delivered [title not transferred UNTIL delivery to Grantee, filed with county] Covenants vs Warranties - ANSWERCovenant: agreement or promise [4] Warranty: guar...

121 Principles of Real Estate Final Exam Review he listing is always taken in the name of the _________ and becomes the property of the ___________. A. Broker—salesperson B. Salesperson—seller C. Broker—broker D. Broker—seller - ANS C. Broker- broker A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of: A. A mortgage B. Personal property C. A deed of trust D. A house and 2 acres of land - ANS B. Personal property ...

Fixture CORRECT ANSWER 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 CORRECT ANSWER Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians CORRECT ANSWER Imaginary north-south lines which intersect base lines to form a starting point fo...

National Real Estate Exam: Pearson Vue, Top exam questions & Answers, rated A+ Maria acquires a property from her uncle Alfonso. When Maria dies, the estate will pass to Alfonso's other niece Serena. The type of estate that Maria has in the property is: A. conventional life estate B. legal life estate C. fee simple defeasible estate D. tenancy by the entireties - -conventional life estate One difference between a cooperative estate and a condominium estate is that: A. a condo owner...