Appurtenances - Study guides, Class notes & Summaries

What is appraisal? Correct Answer-The act or process of developing an opinion of value of an asset What is USPAP? Correct Answer-Uniform Standards of Professional Appraisal Practice What is real estate? Correct Answer-An identified parcel or tract of land, including imporvements, if any. The physical land and appurtenances affixed to the land What is real property? Correct Answer-The interests, benefits, and rights inherent in the ownership of real estate (land, buildings, fixtures) ...

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...

Louisiana Notary Exam Vocabulary 2024/2025 Latest Update Questions Solved 100% Correct/ Verified Appearer {Ans: - A Person Who Goes Before An Official Authorized To Administer Oaths, Take Acknowledgments, Or Make Authentic Acts, And Who Makes A Declaration, Executes Or Acknowledges An Instrument Of Writing. Appraisal {Ans: - The Process Of Valuing Property; A Valuation Of Property By Two Or More Appraisers Who Are Appointed And Authorized By A Court To Place A Value On Designated Property A...

Principles of Real Estate Questions With Correct Answers. All of the following are participants in the market except: A. Owner B. Renter C. Developer D. TREC D. TREC In order to apply for a broker's license in Texas, the applicant must have been licensed in Texas as a salesperson with an active license for: A. 5 years of the previous 60 months B. 3 years of the previous 48 months C. 2 years of the previous 36 months D. 4 years of the previous 60 months D. 4 years of the previou...

CAM License UPDATED ACTUAL Exam Questions and CORRECT Answers The rights and obligations inherent in the ownership of a unit in a condominium are - CORRECT ANSWER- Appurtenances to the Unit The original corporate structure of a condominium association is established in the - CORRECT ANSWER- Articles of Incorporation

Fixture - An object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements - Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians - Imaginary north-south lines which intersect base lines to form a starting point for the measurement of land. Metes and...

Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified)Real Estate Broker Certification Exam | Questions & Answers (100% Verified) Real property (realty) - ANSWER - Tangible property consisting of land, all structures permanently attached to the land, and whatever is growing on the land. Appurtenances - ANSWER - Land improve...

Assemblage - ANSWER combining two or more contiguous parcels of real estate into a single parcel under one ownership plottage - ANSWER an increase in value resulting from assemblage fixture - ANSWER personal property that is permanently attached to real property and goes with the property when its sold what makes something a fixture - ANSWER if object was fixed or installed with the intention of improving the home appurtenances - ANSWER when new fixtures are attached ex. heat/air, ro...

NFPA 58 Questions and Answers 100% Correct What is the definition of a portable container? A container designed to be moved readily Define universal cylinder A cylinder that can be connected for service in either the vertical or horizontal position, so that the fixed maximum liquid level gauge, pressure relief device, and withdrawal appurtenances function properly in either position. LP gas portable cylinders must be ___________ in accordance with US Department of Transportation d...

Which of the following is personal property? A. appurtenances B. fixtures C. trade fixtures D. shrubbery - Answer trade fixtures Which is NOT an example of an attachment? A. a basketball hoop that is moved into the garage in the winter B. a greenhouse that is built off the garage C. the lily pond in the backyard Japanese garden D. uncut roses on a rose bush planted by the back door - Answer a basketball hoop that is moved into the garage in the winter