Freehold - Study guides, Class notes & Summaries

Brokerage The business of bringing people together in a real estate transaction. Type of Real Property - Special Purpose Cemeteries Real Property Real estate, plus the interests, benefits, and rights inherent in the ownership of real estate Bundle of Rights Possession, control, enjoyment, exclusion, disposition Ownership of real property is often described as a bundle of legal rights Littoral Rights Granted to owners whose land borders commercially navigable waters Where is the...

Real Estate Salesperson Exam questions and answers 2023Where is license law written? Article 12A Under NYS Real Property Law, when Dept. of State revokes a salesperson's license, the salesperson can't be relicensed until how much time has expired? 1 year If a broker's license is taken away, what happens to the salespersons who work for him? Their licenses are suspended until they associate with a new broker. What could happen to somebody who breaks Article 12A? Loss o...

Rera 2023 Exam Questions With Complete Solutions Highest Burj Khalifa - CORRECT ANSWER 829,8 (2722 ft) Business Bay number of buldings - CORRECT ANSWER 240 (completed 2008) Palm Jumeirah - CORRECT ANSWER 3 Palms 520 km by Nakheel Al Maktoum International Airport - CORRECT ANSWER Projected anual capacity 160 Million passanger The World Island - CORRECT ANSWER by Nakheel Dubai Land Department (DLD) - CORRECT ANSWER The main objective of DL...

LAND LAW- EASEMENT (PROBLEM QUESTION AND ANSWER) LATEST 2023 WITH ANSWERS Farmer Leonard comes to see you for advice: 1. (i) Farmer Leonard has owned the freehold estate in a piece of land, Redacres, for many years. Tony has rented a small cottage on this land for the past two years. The cottage has an access road to the main highway but it is uneven and unlit and so Farmer Leonard has always allowed Tony to use the farm’s main driveway instead as it is in far better condition. Two mon...

Freehold vs. Leasehold Final Exam Review Guide 2024. Act of waste - CORRECT ANSWER Abuse of a property by a person who holds possession through a life estate Fee simple - CORRECT ANSWER An inheritable estate Fee simple absolute - CORRECT ANSWER Provides the most complete form of ownership and bundle of rights in real property Qualified fee - CORRECT ANSWER An inheritable freehold estate that is defeasible (the grantor can terminate the title). For example, a parent could transfer prope...

Freehold vs. Leasehold Final Study Guide Exam 2024. Act of waste - CORRECT ANSWER Abuse of a property by a person who holds possession through a life estate Fee simple - CORRECT ANSWER An inheritable estate Fee simple absolute - CORRECT ANSWER Provides the most complete form of ownership and bundle of rights in real property Qualified fee - CORRECT ANSWER An inheritable freehold estate that is defeasible (the grantor can terminate the title). For example, a parent could transfer prope...

Dubai RERA Broker Exam 2023 Questions and Answers (Verified Answers) Dubai RERA Broker Exam 2023 Questions and Answers (Verified Answers) Dubai RERA Broker Exam 2023 Questions and Answers (Verified Answers) Which law applies to Land Registration & Ownership (Role of DLD) - ANSWER-Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANSWER-Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - ANSWER-Law No. 85/2006...

This generally refers to a governmental entity's legal authority to force a private landowner to sell his or her real property for public use. A) Condemnation B) Taxation C) Police power D) Eminent domain - Answer- D) Eminent domain Precedents are determined by: A) Statutory Law B) Case law C) TRELA D) DTPA - Answer- Wrong A) Statutory Law? This estate may be terminated at will of either party. It has no duration limitation. A) Estate at will B) Estate from perio...

This document provides full notes in order to successfully take the exam for the Real Estate LPC. These are summarised notes for all units 1-15 of the module. Explaining all principles and set out exam structure to help in the exam. Professional conduct questions and answers. Short MCQ Questions. How to draft a TR1 and AP1. Checklists to follow as a structure for exam questions. Take this into the exam with you for all the information you could need to succeed!

Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. - Answer-Title What is the definition of a 'Condominium Corporation'? - Answer-A legal entity that represents the collective interests of its property owners. Who establishes the rules and bylaws in a condominium? - Answer-The condominium board What is the aim of condo bylaws and rules? - Answer-To secure th...