Quitclaim deed - Study guides, Class notes & Summaries

Method of describing land which is NOT used in North Carolina? - ANSWER Government rectangular survey In NC, the last day that real estate taxes for the current year may be paid without penalty is? - ANSWER By January 5th of the next year A description of property that reads "Beginning at the large oak tree on the Northern line of State Road 18, approximately one mile west to the intersection state road and the Great Southern Railroad right-of-way ,north approximately 15' along the drain...

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

ROCKWELL FINAL EXAM/ REAL ESTATE CLASSES WA FINAL EXAM 1 WITH CORRECT DETAILED ANSWERS AND RATIONALES/100% VERIFIED AND GRADED A+ A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - answer-b. bill of sale Rationale: Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receiv...

NJ REAL ESTATE PRACTICE EXAM 2021(UPDATED) Question and answers correctly solved 2023/2024The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG - correct answer Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilitie...

Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Verified Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Verified Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Verified Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Verified A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale...

Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Correct Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Correct Rockwell Exam Real Estate Classes WA Final Exam 1 Questions and Answers 100% Correct A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - ANSWER-b. bill of sale Deeds transfer...

NJ REAL ESTATE PRACTICE EXAM 2021 The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG - ANS Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Luxury Rates - ANS Spe...

PSI BROKER EXAM PREP EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED. A buyer has the right to buy a property at an agreed-upon price within the next six months. This is a(n) - -an option A leasehold estate that does NOT require notice to terminate is called a(n) - -an estate for years The broker and the seller both know that the foundation of the seller's house is unsafe. If they do not inform the buyer of this condition, then the contract is - -voidable A contract that has bee...

ROCKWELL FINAL EXAM/ REAL ESTATE CLASSES WA FINAL EXAM 1 WITH CORRECT DETAILED ANSWERS AND RATIONALES/100% VERIFIED AND GRADED A+ A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: a. quitclaim deed b. bill of sale c. special warranty deed d. general warranty deed - answer-b. bill of sale Rationale: Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. Ben receiv...

Bob Hogue Real Estate Questions and Answers Already Passed What is the “fair housing act” designed to prevent in real estate transactions? Discrimination based on race, color, religion, sex, national origin, disability, or familial status. What is a “listing agreement” in real estate? A contract between a property owner and a real estate broker authorizing the broker to find a buyer for the property. What is a “mortgage contingency” in a real estate purchase contrac...