Prep Agent Exam Questions With 100% Correct Answers
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Course
Prep Agent
Institution
Prep Agent
Prep Agent Exam Questions With 100% Correct Answers
Bundle of rights
DEEP C
Real Property
immovable
Personal Property
movable
Chattel Real
Moveable - cows moveeee personal property
fixture
(Maria) Method, Adaptability, Relationship, Intention, Agreement.
Trade fixture...
riparian rights
rivers and streams moving body of water
littoral rights
Lakes, Oceans, large bodies of water
freehold estate
own indefinitely
fee simple
absolute
fee simple defeasible
no alcohol
life estate
king and knight
Less than freehold estate
rental
constructive eviction
no water or heat
, periodic tenancy
month to month or year to year
estate at will
can terminate at any time
estate for years
Fixed period. example. Summer rental
Estate at sufferance
deadbeat tenant
emblements
crops. personal
percentage lease
part of gross receipts
net lease
tenant pays a portion of taxes insurance maintenance
gross lease
flat rent
title
ownership
cloud on title
title is not clear. Example. former name
Quiet title action
cloud removal
alienation of title
conveyance (giving) the title
severalty
sole ownership
concurrent estate
Owning property with others
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