A freehold estate is - Study guides, Class notes & Summaries

Rockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% Accurate Freehold Estate - ANSWER-Is an interest in real property that has an indeterminable (not fixed or certain) referred to as a owner Fee Simple Estate - ANSWER-Is the greatest estate that can e...

Study Set Questions and Answers for Dubai RERA Broker Exam 2024 Bundle of rights - CORRECT ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance Real property - CORRECT ANSWER-Real estate (land + manmade attachments) + bundle of rights Legal Title - CORRECT ANSWER-Full ownership of property + bundle of rights Equitable Title - CORRECT ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. Homestead - CO...

A broker's protection clause, when inserted into a listing agreement, serves this function: - Answer-To entitle the broker a commission if the property is sold to parties with whom he/she has negotiated during the term of the listing for a stated number of days after the listing expires A legal document pledging a property to the lender as security for payment of a debt is called: - Answer-A mortgage What does a desist and refrain order do if issued by the real estate commissioner? - Answ...

Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. immobility - correct answer It's a physical characteristic of land that cannot be moved ...

Missouri Real Estate Exam Questions and Answers Chapter 339 of the MO Statutes is: Code of Ethics License Law MLS Rules For commercial agents only - Correct Answer ️️ -b Susie is employed by broker Joe to show rental properties that he manages. She shows rental units, collects security deposit checks made payable to the owner, and delivers leases. Based on these actions, Susie: Must be a real estate licensee Is violating MREC rules Is creating a criminal offense Is not required t...

MISSOURI REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Chapter 339 of the MO Statutes is: Code of Ethics License Law MLS Rules For commercial agents only - -b Susie is employed by broker Joe to show rental properties that he manages. She shows rental units, collects security deposit checks made payable to the owner, and delivers leases. Based on these actions, Susie: Must be a real estate licensee Is violating MREC rules Is creating a criminal offense Is not...

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

lOMoAR cPSD| PLP SGS 10 RELATIONSHIP BETWEEN THE PARTIES: Privity of estate - Parties who share an immediate interest in the same land, e.g. landlord and tenant Privity of contract - The original parties to a contract - can sue for breach of contract, not withstanding their subsequent disposal of their interest. Privity of estate ceases to exist once one of the parties sharing an interest in the land disposes of their interest, so it cannot be relied upon to pursue a remedy. OLD LEASE: ...

CA DRE Salesperson Exam Questions and Answers (Latest Update 2024/2025) Verified Answers. What are the two types of freehold estates? - correct answers 1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - correct answers An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the pro...

"Severalty ownership" means that: A) ownership is by several parties B) ownership by one person C) co-ownership of several people D) joint tenancy of several people - B) ownership by one person Feedback: Correct: Severalty is holding title by ONE person. There is no dual ownership or survivorship clause. Which of the following is a less-than-freehold estate? A) property that has an easement on it B) possession held under a lease C) real estate minus the mineral, oil, and gas rights ...