Littoral land - Study guides, Class notes & Summaries

WV Real Estate Exam Questions and Answers Already Passed What are the types of fee simple estates? Fee Simple Absolute Fee Simple Defeasable Fee Simple Absolute The best type of ownership you can get. Fee Simple Defeasible Subject to occurrences or non occurrences of specified time. Two types of fee simple defeasible? Fee simple determinable 2 Condition subsequent Fee Simple Defeasible Will include: so long as, while, during and includes the term reverter. Reverter Former ...

Pearson Vue National exam prep Real Estate, Questions And Correct Answers With Complete Verified Solutions Appurtenance including rights, privileges, and fixture Fixtures 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 transfer via de...

MN Course 1 Exam Prep: Property Types, Title, and Environmental Issues Already Passed Manufactured vs. modular home Manufactured: A home that is built according to HUD construction standards. Updated term for a mobile home or house trailer. Modular: Units that are constructed in factories off-site according to state building codes. Once assembled on the home site, considered to be real property. Land Property that includes the surface of the earth, down to the center of the earth,...

WOBC PHASE IV EXAM QUESTIONS AND ANSWERS ALREADY PASSED What are the 9 Principles of Joint Operations represented by "MOOSEMUSS"? - A. Mass: Concentration of combat power at the decisive place and time. - B. Objective: Directing every military operation towards a clearly defined, decisive, and attainable objective. - C. Offense: Seizing, retaining, and exploiting the initiative to gain and maintain a position of relative advantage. - D. Surprise: Striking the enemy at a time, place,...

All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity Answer D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land is the basis for the doctrine of specific performance? A. In...

Real Property Land and everything permanently attached to it (Includes that someone can own it) Chattle an item of personal, movable property. fixture An item of personal property that has been converted to real property by being permanently affixed to the realty. Trade Fixture Fixtures and equipment that may be attached to a building during a tenant's occupancy, with the intention that they be removed when the tenant leaves Turning real property into personal pr...

Superior Real Estate School Exam QUESTIONS & CORRECT ANSWERS <UPDATED&ALREADYPASSED> All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - ANSWER : D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damage...

Superior Real Estate School Exam QUESTIONS & CORRECT ANSWERS <UPDATED&ALREADYPASSED> All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - ANSWER : D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damage...

Arkansas real estate latest update with verified solutions Brokerage The business of bringing people together in Real Estate transaction Broker A person or company licensed to buy, sell, exchange, or lease real property Appraisal Process of developing opinion of a property market value based on established methods and the professional judgment Property Manger Person or Company hired to maintain and manage property on behalf of the property owner Home Inspection A profession that combines a p...

GA MLS midterm review Exam Study Guide With Verified Solutions. Conditions of terminating a contract - answerREEP SAD -Revocation (client) or Renunciation (agent) -Expiration -Extinction -Performance (BEST WAY TO TERMINATE CONTRACT!!) -Supervening Illegality (eminent domain) -Agreement -Death Bundle of Legal rights - answerOwnership rights to real property DEEP-C disposition enjoyment exclusion Possession control Economic Characteristics of Real Estate - answerSLIP: Scarcity, ...