Parcel of land - Study guides, Class notes & Summaries

Georgia Real Estate Exam Study Guide with Complete SolutionsGeorgia Real Estate Exam Study Guide with Complete Solutions Accession - ANSWER-The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - ANSWER-A measure of land area equal to 43560 square feet. 43560 - ANSWER-The number of squarefeet in one acre. Active License - ANSWER-Status of an individual who has met all qualifications to...

Barney Fletcher Real Estate Exam correctly answered 2023 False - correct answer Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? D - correct answer Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed C - correct answer Which of the following is NOT an improvement of land?...

Texas Principles of Real Estate II Final Exam: Questions & Answers: Latest Updated. Written documents affecting a title to real estate are recorded: A. where the titleholder resides B. where the titleholder has legal residence C. at the county clerk's office where the property is located D. at any county clerk's office in Texas C. at the county clerk's office where the property is located A person appointed by a court to settle the estate of a deceased person when the executor cannot...

$.55 - County Transfer Tax $10,000 - Fine for violating a cease and desist order issued by the commissioner 30 days - An agent must report a change in his or her mailing address to the Department of Insurance within 36 - How many sections are in a township 40 years - How long is the Michigan Marketable Title Act 40 years - To obtain marketable record title to real property, an owner needs an unbroken chain of title for how many years 6 miles - The space between range lines 640 acres - A...

California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)California Real Estate Exam 2023-2024 Questions and Answers 100% Solved(GRADED A)In reference to Property Taxes, "basis" or "cost" is - ANSWER-Purchase price of prop plus cost of improvements. How is a condominium unit owned? - ANSWER-Separate intere...

Question 1 Not yet answered Marked out of 2 QUIZ A composite thing usually consists of three various constituent parts. Which one of the following is not part of a compositething? Select one: a. An accessory thing b. An auxiliary thing c. A fungible thing d. A principal thing Clear my choice PVL3701-24-S2  Welcome Message  Assessment 2 Question 2 Not yet answered Marked out of 2 QUIZ Lindiwe and Fikile are neighbours. Fikile planted trees next to their boundary. The branches of th...

appraisal - value of a property maybe affected by social, economic, govt and environmental influences Loan-to-Value Ratio (LTV) - The percentage of value or sales price that a lender is willing to finance. limited appraisal report - exterior only/drive by inspection. deemed as low risk loan highest and best use of property - legal use that gives the greatest return Principal of Contribution - cost does not equal value Residential Mortgage Loan Originators (RMLO) - Must be certified licenc...

Study Quiz Bank from Real Estate Dynamics 18th Edition A Practical Approach to Licensing

Principles of Real Estate 2 Champion Exam With 100% Correct Answers 2024 What does D.U.S.T. stand for? - answerDemand, Utility, Scarcity, Transferability the percentage of value or sales price that a lender is willing to finance - answerLoan to Value Ratio (LTV) the value of a property is equal to the sum of the contributory value of each of its component parts. - answerprinciple of contribution the forces acting on a parcel of land are always affecting the value of the land - answerPRIN...

1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brought in the money. This is legally referred to as: - Answer- Breach 2. In dealing with the public, a licensee: - Answer- may keep silent about a material fact concerning the property if the client is the owner. d) may negotiate different commissions with different owners. 3. Escrow monies: - Answer- could include security deposits as well a...