Abutting Study guides, Class notes & Summaries

Hawaii Real Estate Test Questions and Answers Already Passed Abandonment the relinquishment of all rights and title to a property with no intention of reclaiming ownership abstract Disclosure statement to initial condo purchasers Abstract of Title Condensed history of Titel (all recorded aspects) Abutting Owner Land touches highway or public place Accredited Property Manager One awarded such a designation by Institute of Real Estate Management (IREM).

Pearson Vue National Real Estate exam with 100% verified answers Appurtenance -Correct Answer-including rights, privileges, and fixture Fixtures -Correct Answer-items attached to improvements with the intent to become real estate. Evident by the following: attachment/annexation, adaptation, or agreement. Transfer via a deed UNLESS they contract excludes them Emblements (crops) are exceptions. Trade fixtures are also exceptions Land and all appurtenances -Correct Answer-transfer v...

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

Real Estate Final Exam QUESTIONS WITH VERIFIED ANSWERS 2023/2024 UPDATE The concerns of the federal government in regulating real property right's include - ANSWER Discrimination Which of the following is included in the bundle of rights inherent in ownership - ANSWER To transfer What are three unique physical characteristics of land? - ANSWER Immobile, indestructible, heterogeneous The concept that the state controls all bodies of water is called - ANSWER The doctrine of pr...

Florida Real Estate Exam 1031 tax-deferred exchange - Answer- Section 1031 of the Internal Revenue Code allows the owner of real property to sell that property and then reinvest in a "like-kind" property and defer paying any capital gains taxes; strict IRS rules regulate this type of exchange Ex. Real estate investors can take advantage of the 1031 tax-deferred exchange to defer capital gains taxes when selling a property, provided the money is rolled into another "like" purchase a...

Washington State, Real Estate Actual Exam/ 210+ Qs & Ans/ . Terms like The joining, reaching, or touching of adjoining land. Abutting parcels of land have a common boundary. - Answer: Abutting A method of calculating for tax purposes the depreciation of income property at a faster rat than would be achieved using the straight-line method. Note** any depreciation taken in excess of that which would be claimed using the straight-line rate is subject to recapture as ordinary income to the ext...

Neuroscience EXAM 2– USA (Latest 2023/ 2024 Update) Exam Prep with Questions and Verified Answers| 100% Correct| Grade A Q: foramen magnum Answer: where most of the vertebral arteries runs up through and feeds blood up to the rest of the brain Q: foramen spinosum Answer: where the middle meningeal artery runs Q: jugular foramen Answer: where the jugular vein runs up through the skull Q: herniations Answer: shifting of the brain due to vascular damage ...

WASHINGTON STATE REAL ESTATE EXAM | QUESTIONS & 100% VERIFIED ANSWERS | LATEST UPDATE | PASSED The voluntary and permanent cessation of use or enjoyment with no intention to resume or reclaim one's possession or interest. May pertain to an easement or a property. Correct Answer: Abandonment Tenants cannot sign away their rights in advance of signing the lease. Correct Answer: Abrogation A condensed version of the history of title to a particular parcel of real estate as recorded in ...

Abandonment - ANSWERSThe voluntary and permanent cessation of use or enjoyment with no intention to resume or reclaim one's possession or interest. May pertain to an easement or a property. Abrogation - ANSWERSTenants cannot sign away their rights in advance of signing the lease. Abstract of Title - ANSWERSA condensed version of the history of title to a particular parcel of real estate as recorded in the county clerk's records; consists of a summary of the original grant and all subsequ...

AIC 301 - Final Exam Prep Actual Set Questions & Revised Correct Answers 1. The act of leaving a dangerous article such as a gun or car with a person who the lender knows, or should know, is likely to use it in an unreasonably risky manner is known as Select one: A. Negligent entrustment. B. Contributory negligence. C. Negligent supervision. D. The dangerous instrumentality doctrine. - ANSWER : A. Negligent entrustment. 2. There was a large unmarked sinkhole on Charlotte's pr...