Homestead Study guides, Study notes & Summaries

Study Set Questions and Answers for Dubai RERA Broker Exam 2024 Bundle of rights - CORRECT ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - CORRECT ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - CORRECT ANSWER-Full ownership of property + bundle of rights Equitable Title - CORRECT ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - CO...

Texas Principles of Real Estate 1 (2023/ 2024) Exam | Guide with Questions and Verified Answers| 100% Correct Q: curtsey rights Answer: right a husband has to his wifes estate upon her death Q: fee simple defeasable Answer: a gift of land by a person or GRANTOR Q: Life Estate Answer: an estate in land for the duration of someones life (always a gift of land/ real estate) Q: Homestead Answer: Texas is a Homestead State. The property that you own an...

Agronomy Final Exam Questions and Answers 100% VerifiedAgronomy Final Exam Questions and Answers 100% Verified Homestead Act 1862 - ANSWER-Opened up settlement in the western US, allowing all american, including freed slaves, to put a claim for up to 160 free acres of federal land Merrill Act 1862 - ANSWER-Provided grants of land to states to finance the establishment of colleges specializing in "Agriculture and the mechanic arts" Animal and Plant Health Inspection service (APHIS) - ANS...

Wrongful or criminal deception intended to result in financial or personal gain is called: - CORRECT ANSWERS fraud The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - CORRECT ANSWERS 90 days __________ extend above the surface without limitation. - CORRECT ANSWERS air rights An example(s) of an appurtenance would be: - CORRECT ANSWERS easements There is no upper limit on the value of a Texas homestead. - CORRECT ANSWERS true A(n) ...

WI Real Estate Practice Exam Questions and Answers Already Passed All of the following would be considered an ENCUMBRANCE except: a. unpaid property taxes, b. An easement necessity, c. A writ of execution, d. A judgment Answer: C The writ of execution is a court order instructing the officer of the court to carry out the decision of the court. It is used in a judgment where the sheriff is told to seize a debtor's property so that it can be sold to pay off a debt. Which of the fo...

Minnesota Real Estate Test Latest Update Graded A+ Balloon Mortgage: A mortgage with monthly payments often based on a 30-year amortization schedule, with the unpaid balance due in a lump sum payment at the end of a specific period of time. Assessed Value: Typically the value placed on property for the purpose of taxation. Assessor: A public official who estab-lishes the value of a property for taxa-tion purposes. Comparables: An abbreviation for "com-parable properties," whic...

Real Estate Law 1309 Ch. 1-6 Questions and Answers 100% Accurate The Texas Constitution contains our a. homestead laws b. certain mechanics' and materialmen's lien laws c. community property rights d. all of the above ALL THE ABOVE "Statutory Law" means a. laws concerning persons under the age of 18 b. written laws created by the legislature c. laws that are unconstitutional d. all of the above B. WRITTEN LAWS CREATED BY THE LEGISLATURE Which of the following can...

This person, a NASA scientist, stated that they found alien remains on Earth and they could prove it: a) Richard Doll b) Richard Hoover c) James Lovelock d) Carl Sagan e) Tyron Hayes b) Richard Hoover Cyanobacteria fossils were found in meteorites, which NASA says proves that there is life on other planets. True or False False Antarctica's blood red waterfall can be blamed on: a) Sulfer b) Iron c) Methane d) Carbon Dioxide e) Chloride b) Iron To give a nonhuma...

When the county assessor evaluates real estate for the purpose of taxation, this is called: - Assessed value What lien has priority first: - Property taxes Property taxes become a lien the first day of: - January If a property is not bid at a tax foreclosure sale: - Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Special Assessments - Property Taxes, Special Assessments, IRS Liens When a broker misappropriates funds, this is cal...

Texas Principles of Real Estate 1 Final Exam | Questions and Verified Answers | Grade A | 2024 / 2025 Update Q: An insurance policy protecting against a variety of hazards is referred to as a...? Homestead Policy Individual Policy Homeowners Policy Package Policy Answer: Homeowners Policy Q: Which of the following is an advantage to owning a home...? Tax benefits Pride of ownership Potential for asset appreciation All of the above Answer: All of the Above Q: An individual is exempt from paying t...