Dominant estate Study guides, Class notes & Summaries

National Real Estate Exam Practice Questions and Answers with Verified Solutions A property owner has decided to do some landscaping work on his yard. He has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of... improvements A property owner has a waterfront lot on a stream. He has the right to use the water from the stream. What is this right called? riparian A tenant is aware that his lease will expire at the end of the month. He has begun...

OREGON REAL ESTATE QUIZ 2023 COMPLETE QUESTIONS AND ANSWERS ALREADY PASSED A+ When an easement appurtenant exists between two parcels of land that are owned by different owners: a. the servient tenement is given the right to cross the land of the dominant tenement. b. the dominant tenement is burdened by the easement. c. the servient tenement can revoke the use of the easement by giving proper notice. d. the dominant tenement is benefited by the easement. - CORRECT ANS d. the do...

Texas Principles of Real Estate 1: Quiz Questions and Answers Latest Update. Special Agent - Answer A real estate agent is an example of what type of agent...? Universal Agent General Agent Special Agent Specific Agent Market Comparison Approach - Answer A means of comparing similar type properties, which have recently sold, to the subject property is known as the...? Cost Approach Assessment Approach Income Approach Market Comparison Approach Listing Contract - Answer A contract in ...

Dubai RERA Broker Final Certification Exam Questions and Answers 2024 Of the following, which are NOT classified as real property? A. Fixtures B. Emblements C. Shrubs planted in the ground D. Air rights - CORRECT ANSWER-Emblements The use of the property could be changed without changing the zoning by using a: A. Restriction B. Variance C. Taking D. Buffer - CORRECT ANSWER-Variance The basic authority for zoning laws is derived from a state's: A. Powers of eminent domain B. Right...

WRA FINAL EXAM QUESTIONS AND ANSWERS. 0-Bedroom Dwelling ANSWER : Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title ANSWER : A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause ANSWER : A clause within a mortgage permitti...

Real Estate Finance: Chapter 12 The Secondary Mortgage MarketIntro - correct answer The secondary mortgage market is designed to deal in real estate mortgages, buying them from loan originators and selling them to investors or pooling them to enlarge the markets for these types of securities. When mortgages are purchased from primary lenders, also known as loan originators, the money generated acts to replenish the supply necessary for continued lending activities. When mortgages are sold ...

Legal Aspects of Real Estate (Final Exam) Questions And Answers 1. When do growing crops become personal property? A. Upon constructive severance B. When the landowner sells the entire property to another C. When they are planted D. At the end of the tenancy - ANS A 2. A case involving questions of both federal and state law may be brought in: A. state court only B. federal court only C. state or federal court D. a special court that is reserved for cases with mixed federal...

MIE 305 Exam 3 Latest Update with Verified Solutions Bundle of Rights sticks metaphor owner = entire bundle of sticks renter = only a few sticks possession, use, control, exclusion, transfer Property Rights the legal rights that a person has over a piece of real property Real Property The legal interests in land and things attached to or growing on land ex: part of the earth’s surface, buildings, fences, and trees used to describe the legal rights that a person can have i...

A lien is an example of a/an...? - Encumbrance - Entitlement - Estoppel - Escheatment Encumbrance If a property has both a tax lien and a mortgage lien against it, which lien has priority (generally speaking)? - Tax lien - Mortgage lien - They have equal priority - Whichever lien was filed first Tax lien A lien that is not tied to a specific piece of real estate is called a...? - General lien - Non-specific lien - Statutory lien - Tax lien General lien T...

WRA FINAL EXAM QUESTIONS AND ANSWERS. 0-Bedroom Dwelling ANSWER : Any residential dwelling in which the living area is not separated from the sleeping area Abstract of Title ANSWER : A condensed history of a property's title showing, in chronological sequence, matters such as conveyances, liens, and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place Acceleration Clause ANSWER : A clause within a mortgage permitti...