Affirmative easement Study guides, Class notes & Summaries

Factors that affect a bid-rent curve - - number of commuters or firms - wage rate (time cost) of commuters - speed of travel - frequency of trips Certain requirements for deed: - - Name grantor and grantee - Consideration and conveyance - Contain certain covenants and clauses - Contain exceptions and/or reservations clause & phsycial descriptions - acknowledgment and delivery Action of water - -Involuntary conveyance -accretion reliction - deposit soil, subsiding of water Actual notic...

Co ownership types: - - Condominium - Cooperative - Timeshare Land - may include more than the earth, may also include improvements to the land personal property - things that are movable & not permanently affixed to the land Ownership rights - Real estate provides people with this "bundle of rights" - Rights to: Use/Occupy Sell Lease Give away Do all or none "real property" vs. real estate security privacy location User markets - characterized by competition among users for ...

A lien is an example of a/an...? - Encumbrance - Entitlement - Estoppel - Escheatment Encumbrance If a property has both a tax lien and a mortgage lien against it, which lien has priority (generally speaking)? - Tax lien - Mortgage lien - They have equal priority - Whichever lien was filed first Tax lien A lien that is not tied to a specific piece of real estate is called a...? - General lien - Non-specific lien - Statutory lien - Tax lien General lien T...

Abatement correct answers DEFINITION: To decrease, reduce or stop an activity. EXAMPLE: An abatement action would require removal of a nuisance (a smell or loud sound) or a hazard (such as lead paint). Abstract of Judgment correct answers DEFINITION: A general lien placed on a debtor's real and personal property until a judgment is paid in full to the plaintiff in the lawsuit. Accretion correct answers DEFINITION: The process of increasing land through deposits of mud or sand (alluvion) ...

Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 Graded A+. grant deed - ANSWER deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - ANSWER One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - ANSWER any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authori...

Maine Real Estate Vocabulary- TRELG Study Guide Test 2024. Aesthetic zoning: - correct answer This type of zoning requires new builds to meet specific types of architecture styles, may and limit the colors used and the size of signs in commercial areas. Affirmative easement: - correct answer An easement that allows a party to do something that normally would not be allowed. See negative easement. Agency: - correct answer As an adjective, it describes the relationship between an agent and ...

NYREI Exam Questions with Correct Answers easements - Answer--right to use another persons real property for a particular service -ROW -right of way --> an easement that grants access to property easements in gross - Answer--involves a specific parcel of land -benefits a person or company (dominant tenant) -burdened land is called servient Easements appurtenant - Answer-Involves 2 separately deeded parcels that are owned by different parties. Affirmative- allows someone to d...

California Real Estate UPDATED Exam Questions and CORRECT Answers Abandonment - CORRECT ANSWER- Giving up possession or ownership of property by nonuse, usually accompanied by some affirmative act, such as removing one's belongings from apartment ingress and egress (right of) - CORRECT ANSWER- The permission to enter upon and exit from property. A form of easement. Often related to Streams Abstract of Judgement - CORRECT ANSWER- Document stipulating the outcome of a legal action, w...

Maine Real Estate - 7-15 Final Study Guide Questions. The right to use the land of another but not to possess it is called - correct answer Non-Possessory Rights An easement that involves two parcels of land is called an - correct answer Appurtenant Easement. The land that benefits from an appurtenant easement is the - correct answer Dominant Estate or Tenement. The land that provides the rights of the appurtenant easement to the dominant estate is the: - correct answer Servient Esta...

Director- Examination of Records - correct answer -Within 60 days of the examination, the examiner must submit his report to the director for review. After a 30 day review period, there's allowance for rebuttals. Acknowledgement - correct answer -A formal declaration before an authorized officer by a person who has executed an instrument that such execution is his own act indeed. Necessary to entitle some instrument to be recorded to impart constructure, notice of its contents, and to entitl...