Aceable agent level 2 Study guides, Class notes & Summaries

Aceable Agent Level 2

Severalty - Answer The property has only one owner, whether that is a person, corporation, or other legal entity. ("Severed" from all other owners) Undivided interest - Answer A type of interest that gives each co-owner the right of possession of the whole property, not simply a portion of it Right of Survivorship - Answer The statutory principle of survivorship tenancy, which means that when one co-owner dies, their ownership interest reverts to the surviving co-owner(s) Without ...

Aceable Agent Level 26 Exam - Questions & Answers

Aceable Agent Level 2 Question and answer 2023 verifiedSeveralty - correct answer The property has only one owner, whether that is a person, corporation, or other legal entity. ("Severed" from all other owners) Undivided interest - correct answer A type of interest that gives each co-owner the right of possession of the whole property, not simply a portion of it Right of Survivorship - correct answer The statutory principle of survivorship tenancy, which means that when one co-o...

Aceable Agent Level 2

Aceable Agent Level 26 Exam Complete Questions And Answers

Aceable Agent Level 26 Exam 2023/2024 Broker Thelma lives in North Carolina. Can she be the qualifying broker for an LLC in Georgia? - ANSWER-Yes, a nonresident broker can serve as a qualifying broker for any corporation, limited liability company, or partnership licensed by GREC. A firm in Georgia sends out an email advertising its properties. It includes its name in the email, but it is not until you click on a link in the email that you learn the firm's telephone number. Is this a GREC...

Aceable Agent Level 2 Question and answers already passed 2023/2024Recap: What does the bundle of rights include? - correct answer 1. Rights of possession 2. Rights of control 3. Rights of enjoyment 4. Rights of exclusion 5. Rights of disposition What are Land-Use Controls? - correct answer Regulations that specify how the owners of individual parcels of real estate in a given area may use property. What are the three types of Land-Use Controls? - correct answer 1. Private lan...

Aceable Agent Level 2 Questions And Answers With Verified Solutions 100% Correct!!!