Easements and covenants - Study guides, Class notes & Summaries

NYREI Exam Questions with Correct Answers easements - Answer--right to use another persons real property for a particular service -ROW -right of way --> an easement that grants access to property easements in gross - Answer--involves a specific parcel of land -benefits a person or company (dominant tenant) -burdened land is called servient Easements appurtenant - Answer-Involves 2 separately deeded parcels that are owned by different parties. Affirmative- allows someone to do some...

certificate of occupancy ~ A document issued by the governing authority stating that a building complies with applicable laws and permitting occupancy for its designated use. subdivider ~ A person who buys undeveloped average and divides it into smaller lots for sale to individuals or developers, or for the person's own use. developer ~ May also be a subdivider; improves the land, constructs homes or other buildings on the lots, and sells them. impact fees ~ Charges made in adv...

being licensed under part VIII of chapter 468 F.S. means you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners limited common elements property owned by all owners in a condominium the common elements a maintenance coordinator must... be licensed as a community association manager and is not exempt the condominium concept is made up of... operation by ...

being licensed under part VIII of chapter 468 F.S. means - Answer- you are capable of performing community association management (CAM) services specified in the condominium act and reserves these for exclusive use for certain owners - Answer- limited common elements property owned by all owners in a condominium - Answer- the common elements a maintenance coordinator must... - Answer- be licensed as a community association manager and is not exempt the condominium concept is made up ...

Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 Superior School of Real Estate Final Exam| Questions and Answers, 100% Correct| Latest 2024 Which of the following would create legally binding acceptance of a written offer? The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 27...

Superior School of Real Estate (NC Real Estate Prelicensing) Exam Questions and Answers Bundle of Rights -Answer-Right to possession of the property: the right of quiet enjoyment of the property; the right to exclude others; the right to dispose of the property by gift, by sale, or by will; and the right to control the use of the property and profits within the limits of the law Tenements -Answer-All corporeal and incorporeal rights in land Corpreal Rights -Answer-Tangible things Incorpre...

Classifying contracts: Express & Implied - Express: Bilateral, executed Intentions stated (orally or written) Implied: Unilateral, executory Inferred from conduct or actions Classifying contracts: Bilateral & Unilateral - Bilateral - two promises (both parties bound to do something) Unilateral - Only one party is bound Classifying Contracts: Executed & Executory - Executed - All tasks performed (After closing) Executory - tasks remaining to be done (before closing) Statute...

Superior School of Real Estate Final Exam Questions and Answers 100% Pass Which of the following would create legally binding acceptance of a written offer? The seller's agent emails the buyer's agent that the seller signed the offer as written. A broker is preparing a comparative market analysis (CMA) for a subject property with 3200 square feet. A comparable property has 2750 square feet. The estimated value of 450 additional square feet is $22,500. The broker should... Add $22,500 to the s...

1 square mile (acres) - 640 acres 1. limited in time 2. right of disposition 3. no titled interests - how do leasehold estates differ from freehold estates? 1. location monopoly 2. externalities 3. incomplete information - what is the economic basis for government regulation of real estate 1. mortgage 2. financial crisis 3. recession - 3 phases of 2007 collapse 1. user market 2. financial/capital market 3. government sector - Which markets is real estate influenced by? 3 ways to des...

NC Superior Real Estate School - Chapter 5 Exam Chapter 5 Vocabulary: Land Use Controls -Answer-Chapter 5 Vocabulary: Land Use Controls Amendment -Answer-A change or modification of a zoning ordinance by the local legislative authority Building Codes -Answer-Public controls regulating conduction that establish minimum construction standards. Most structures require building permit Building inspectors certified by NCDI (department of insurance) Statewide codes enforced locally Issue cert...