Real property rights exam - Study guides, Class notes & Summaries
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": ...
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Barney Fletcher Cram Notes Booklet Exam
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Barney Fletcher Cram Notes Booklet Exam 
 
deed - Answer-the instrument used to transfer real property 
 
Title - Answer-Ownership and the owner's rights 
 
Real Estate - Answer-Land + improvements (appertenances) 
 
Physical Characteristics of Land - Answer-1. Immovable 
2.	Indestructable 
3.	Non-Homogenous (unique) 
 
Economic Characteristics of Land - Answer-1) Situs 2) Improvements 
3)	Fixed Investment 4) Scarcity 
Personal Property - Answer-anything that is not real property; Chattel 
Seve...
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PSI NJ Real Estate Exam, PSI Practice Test. 2024, 136 Questions and Correct Answers.
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PSI NJ Real Estate Exam, PSI Practice Test. 2024, 136 Questions and Correct Answers. 
Water Rights 
The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is 
an agent to the broker and a subagent to the principal. 
Depreciation is calculated based on the 
Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien in favor of th...
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+ 
Why is the condition of bearing walls more important than non bearing walls? - Correct Answer Bearing walls support the ceiling and the roof. 
 
Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Correct Answer transferred a portion of his bundle of rights 
 
What is a forecast of income and expenses that can be projected over five years? - Correc...
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McKissock Basic Appraisal Principles I Final Exam Quiz 100% Solved
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McKissock Basic Appraisal Principles I Final Exam Quiz 100% Solved The _____ has oversight authority over state appraisal boards. ASC (Appraisal Subcommittee) 
Which of the below is a requirement of a valid real estate contract? consideration, in writing and signed, and lawful objective 
"The interaction of buyers and sellers who trade long-term or intermediate-term money instruments" is the definition of the _____________ market. capital 
An analysis of the market conditions of supply, demand...
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Georgia Real Estate Exam Study Guide with Complete Solutions
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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...
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Barney Fletcher Real Estate Exam correctly answered 2023
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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?...
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MBA - 706 Darrat (Exam 1)
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MBA - 706 Darrat (Exam 1) questions and answers 
Marketing - ANSWER-identifying and meeting human and social needs in a way 
that harmonizes with the goals of the organization 
Marketing Management - ANSWER-the art and science of choosing target 
markets and getting, keeping, and growing customers through creating, 
delivering, and communicating superior customer value 
Goods - ANSWER-Physical goods constitute the bulk of most countries' 
production and marketing efforts 
Services - ANSWER-As ...
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45 Hour Post License Florida Exam with veried questions & 100% correct answers latest 2024 update graded A+
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45 Hour Post License Florida Exam with veried questions & 100% correct answers latest 2024 update graded A+ 
The __________ prohibits discrimination based on race in the purchase, sale, or lease of real property. - ANSWER>>>Civil Rights Act of 1866 
Fair housing laws prohibit ______, ________, and _________. - ANSWER>>>Steering or Channeling, Blockbusting, Redlining 
absentee owners - ANSWER>>>owners who buy income property as investments and depend on professionals to...
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