Examen
Property Ownership Review updated already passed
- Grado
- Institución
Property Ownership Review updated already passed
[Mostrar más]Vista previa 2 fuera de 8 páginas
Vista previa 2 fuera de 8 páginas
Añadir al carrito
Añadir al carrito
Vendedor
Seguir
Sakayobako30
Comentarios recibidos
Vista previa del contenido
Property Ownership ReviewAn owner's rights in property include the right: - correct answer ✔✔of use and enjoyment
of disposal
to exclude others from its enjoyment
to profit from its use
The term "real property" includes: - correct answer ✔✔land
things permanently attached to the land
A freehold estate may be held for: - correct answer ✔✔a lifetime
an unlimited time
A ninety-nine year lease on real property is: - correct answer ✔✔an estate in land
an estate less than freehold
personal property
The right of the government to take private land for public use is known as: - correct answer ✔✔eminent
domain
The process of exercising the power of eminent domain to acquire private land for public use is known
as: - correct answer ✔✔condemnation
Which of the following are examples of an application of the government's interest in real property
called "police power"? - correct answer ✔✔zoning laws
building codes
It would be important to determine whether a television antenna is real or personal property because
the antenna might _____. - correct answer ✔✔affect the tax assessment
, be included as security for a mortgage loan
be included when real property is sold
A fixture in a house which is about to be sold will be conveyed with the house _____. - correct answer
✔✔even if not listed in the deed or sales contract
Mr. Baird leased a store in which to operate a pizza parlor. He installed ovens, booths, and display cases.
Which of the following is/are true? - correct answer ✔✔The items are trade fixtures and can be removed
prior to the expiration of the lease but not after.
Mr. Baird is responsible for returning the property to the condition it was in prior to installing the items.
Emblements are considered _____. - correct answer ✔✔personal property at all times
Of the following, which is most likely to be considered a fixture? - correct answer ✔✔a fence around a
field
A fee estate: - correct answer ✔✔is inheritable
lasts for an unlimited time
All of the following are true of a fee simple estate EXCEPT that it is ____ - correct answer ✔✔absolute
ownership with no limitations
True:
an indefeasible fee
subject to governmental limitations
the least limited form of ownership
Los beneficios de comprar resúmenes en Stuvia estan en línea:
Garantiza la calidad de los comentarios
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Compra fácil y rápido
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Enfócate en lo más importante
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
Preguntas frecuentes
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
100% de satisfacción garantizada: ¿Cómo funciona?
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Sakayobako30. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now