Bermuda real estate u - Study guides, Class notes & Summaries

Bermuda Real Estate UPDATED ACTUAL Questions and CORRECT Answers Defect/Cloud in the title - CORRECT ANSWER- Conflicting claims that prevent the absolute legal conveyance of CLEAR TITLE Period to Period is a type of leasehold that: - CORRECT ANSWER- Has no specific expiration but the length is specified (like a month to month lease) Net Lease - CORRECT ANSWER- lease in which the tenant pays some or all of the operating expenses of the property in addition to rent. Often commercial.

Bermuda Real Estate UPDATED Exam Questions and CORRECT Answers Defect/Cloud in the title - CORRECT ANSWER- Conflicting claims that prevent the absolute legal conveyance of CLEAR TITLE Period to Period is a type of leasehold that: - CORRECT ANSWER- Has no specific expiration but the length is specified (like a month to month lease) Net Lease - CORRECT ANSWER- lease in which the tenant pays some or all of the operating expenses of the property in addition to rent. Often commercial

Defect/Cloud in the title Conflicting claims that prevent the absolute legal conveyance of CLEAR TITLE Period to Period is a type of leasehold that: Has no specific expiration but the length is specified (like a month to month lease) Net Lease lease in which the tenant pays some or all of the operating expenses of the property in addition to rent. Often commercial. Adverse Possession A person takes possession & use of a property belonging to another. Possession must be open, notorious...