Joint use easement - Study guides, Class notes & Summaries

CT Real Estate Exam General: Property Ownership Rated A+ Survey location and dimension of property Real Property The house and land Personal Property everything but the house and land Improvement Addition to the property or land Vertical Land description Defining the Air rights Fixture once-moveable items attached to real property Trade fixture a fixture that is not attached to real property. Used in Commercial settings. EX: freezer at restaurent. Annexation Personal Property becoming Rea...

Which of the following is an economical characteristic of land? - ANSWERSitus A man gave his best friend the right to go hunting on his farm. This would be an example of a (an): - ANSWEREasement in gross You and your spouse own your house in a form of ownership in which neither of you can sell the house individually your form of ownership is most likely: - ANSWERTenancy by entirety Joint Tennessee is a form of: - ANSWERCoownership A joint tenant may transfer his or her interest under...

Texas Real Estate Exam Prep (From Pearson VUE and & Champions National Exam Prep) Questions and Answers 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: a) encroachments b) improvements c) surface rights d) emblements - Answer- b) 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 calle...

Nebraska Real Estate SAMPLE Test Questions with 100% Correct Answers The earth's surface extending downward to the center of the earth and upward into space, including all things permanently attached, is known as: A) Real Property B) Real Estate C) Land D) A bundle of legal rights - Answer- D) A bundle of legal rights Moveable objects, which are not considered real estate, are known as: A) Real property B) Personal property C) Fixtures D) Emblements - Answer- B) Personal Property T...

Define a 'Dwelling Unit' - Answer-A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. What is the difference between a semi-detached structure and a vertically divided duplex? - Answer-- A duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out - The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) Define ...

California Real Estate Principles Exam Questions With Answers Latest Update 2024 (VERIFIED) Reed vs. King Case (Ans- Must disclose death (and manner of death) on a property if occurs within 3 years, except AIDS Jones vs. Mayer Supreme Court Decision (1968) (Ans- Racial discrimination not allowed (whether selling or buying) in all PRIVATE property transactions (based on Civil Rights Act of 1968) Easton vs Strassburgar (Ans- Seller disclosures to third parties AND agent visual inspection of...

Principles of Louisiana Real Estate Unit 1 National Portion. Exam Questions With 100% Verified Answers. Land - answerEarth's surface extending downward to the center of the earth real estate - answerAlso called "real property," it is land and anything permanently attached to the land, such as buildings, fences and items that are attached to the buildings. improvements - answerChanges or additions made to a property, such as walls or roads, and so on. These typically increase the value ...

NC 2024- real estate broker pre-licensing Exam Latest Update with Verified Solutions Syndication - Answer -Two or more forms joining together as an entity to own real estate Estate in severalty - Answer -Ownership by one individual Concurrent ownership - Answer -Two or more persons share ownership with undivided interests Tenancy in common - Answer -Co-ownership without right of survivorship to other owners Police power - Answer -The broad right of the government to place reasonable restri...

Real Property - The legal interests in land and things attached to, or growing on land. Personal Property - Referred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. Chattels Real - An interest in land, such as a leasehold. Chattels Personal - Moveable personal property. Chattel Personal in Action - Something to which one has a right to possession, but concerning which one which m...

Texas Real Estate Exam Prep (From PearsonVUE and & Champions National Exam Prep) Already Passed 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: a) encroachments b) improvements c) surface rights d) emblements b) 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? a) riparian b) litt...