Bundle of rights c - Study guides, Class notes & Summaries
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MAINE STATE EXAM QUESTIONS AND ANSWERS 2023
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MAINE STATE EXAM QUESTIONS AND ANSWERS 2023 
The most common manner in which to transfer risk in real estate property 
management is through the use of: 
A. indemnification agreements. 
B. insurance policies. 
C. hold harmless agreements. 
D. release of liability forms. - ANS ️️ B. 
In risk management, the most common and effective manner in to transfer risk is 
by the use of insurance policies. The property owner pays a premium, and the 
insurance company takes on the liability for the occu...
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IAAO 101 – Quizzes; All solved correctly
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The basic responsibilities of the assessor are to _________ all taxable property. correct answers A. List 
B. Value 
C. Discover 
 
D. All of the Above 
 
One of the steps an assessor must take in the discovery of property is to: correct answers conduct periodic on-site inspections of properties 
 
The property tax is a/an _________________ tax, meaning it is based on value. correct answers ad valorem 
 
Assume the following characteristics for a single-family residence: 
 
Actual value=$175,000...
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Prep Agent Exam Questions With 100% Correct Answers
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Prep Agent Exam Questions With 100% Correct Answers 
Bundle of rights 
DEEP C 
 
 
Real Property 
immovable 
 
 
Personal Property 
movable 
 
 
Chattel Real 
Moveable - cows moveeee personal property 
 
 
fixture 
(Maria) Method, Adaptability, Relationship, Intention, Agreement. 
 
 
Trade fixture 
Business dentist chair 
 
 
riparian rights 
rivers and streams moving body of water 
 
 
littoral rights 
Lakes, Oceans, large bodies of water 
 
 
freehold estate 
own indefinitely 
 
 
fee simple ...
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Colorado Real Estate Exam Prep | 400 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 146 Pages
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An owner of real estate possesses certain rights, including: 
possession of the property 
control of the property 
disposition of the property 
all of the above - all of the above 
Possession, control and disposition of ownership are included in the bundle of rights. The "Bundle of 
Rights" can best be remembered by the name "C-U-P-E-D". These letters stand for control, use, possess, 
enjoyment, and dispose. 
According to law, a trade fixture is: 
A fixture 
Personal property 
An easement 
A...
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Real Estate Fundamentals Questions And Verified Correct Answers
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Real Estate Fundamentals 
Questions And Verified Correct 
Answers 
Which of the following would be included in the "bundle of legal rights?" 
A. Immobility 
B. Uniqueness 
C. Control 
D. Indestructibility - ANSWER C. Control 
In the "bundle of legal rights" which right allows the owner to sell or will their property? 
A. Possession 
B. Control 
C. Enjoyment 
D. Disposition - ANSWER D. Disposition 
The phrase "bundle of legal rights" refer to: 
A. ownership of real property 
B. a legal...
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EC238 Test Bank - Quiz Bank Environmental Economics Questions and Answers Latest.
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EC238 Test Bank - Quiz Bank Environmental Economics Questions and Answers Latest. 
Chap 1_4ce 
Student: 
1. A(n) in the economic world is something that leads people to channel their production and 
consumption efforts in a specific direction. 
A. moral obligation 
C. property right 
D. ethical motive 
2. Any economic system will produce destructive environmental impacts if the within the system 
are not structured to avoid them. 
A. ethics 
B. prices 
D. incentives 
3. A small coastal community...
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REAL 4000 UGA Test 1 Latest Updated 2024/2025 Actual Questions and Answers Fully Solved 100% Guaranteed Success.(Graded A+)
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clustering - examples: apparel stores in a mall or any business where customers like to 
comparison-shop 
raw land - land that does NOT include structures or any improvements 
role of government in real estate - - local govt has the most influence 
- state govt has the least effect 
- national govt also has significant impact 
how is the term "real estate" used? - 1. used to identify tangible assets of land/buildings 
2. used to denote the bundle of rights associated w/ ownership of assets 
3....
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Principles and Practices of Hawaiian Real Estate Exam Questions and Answers 100% pass
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Principles and Practices of Hawaiian 
Real Estate Exam Questions and 
Answers 100% pass 
All of the following are synonymous with land improvements and rights therein except: 
A) Real estate 
B) Real property 
C) Realtor 
D) Realty - Correct Answer ️️ -C 
In real estate, the term "improvements" most nearly means: 
A) Fences, wells, drains and roadways 
B) Additions to the original structure 
C) Everything tangible except the land 
D) Outbuildings - Correct Answer ️️ -C 
The right of ow...
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Arizona Real Estate Exam Questions With Verified And Updated Solutions.
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Arizona Real Estate Exam Questions 
With Verified And Updated Solutions. 
Gareth inherits a plot of land from Jessie. A year later, he sells half of the property to kim. A 
year later, she gives her half to Alex, who sells the mineral rights. This series of events best 
represents the legal property of: 
A. Control 
B. Disposition 
C. Possession 
D. Quiet enjoyment - answerDisposition 
Which is not an example of an improvement? 
A. the barn on the back of the property 
B. the fence running along...
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New Jersey Real Estate Exam Practice Questions | Questions with 100% Correct Answers | Verified | Latest Update 2024
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According to fair housing, which of these is not a protected class? 
A. muslim 
B. arab 
C. homosexual 
D. single mother - C. homosexual 
The front door key to a house is: 
A. chattel 
B. fixture 
C. improvement 
D. trade fixture - B. fixture 
The phrase "bundle of legal rights" is properly included in: 
A. the definition of real property 
B. a legal description 
C. real estate transactions 
D. leases for less than one year - A. the definition of real property 
An estate at will:
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