Legal pur - Study guides, Class notes & Summaries

GEORGIA REAL ESTATE EXAM STUDY SET QUESTIONS AND ANSWERS, 100% ACCURATE, VERIFIED. Best describes parcel of land - -the surface of the earth extending down to the center and upward to infinity Determining if Fixture, NOT considered - -Value of item Characteristic in difference btwn personal prop. from real property. - -mobility When used in deed or other RE doc., legal description describes only land bc - -buildings/other improvements considered part of the real estate Item was person...

SERVSAFE 7th EDITION EXAM 170+ QUESTIONS AND VEIFIED ANSWERS 20242025. 2 / 9 1. Define foodborne illness.: a disease transmitted to people by food 2. When is a foodborne illness considered an outbreak?: when 2 or more peoplehave the same symptoms after eating the same food 3. What food saftey challenges do operations face?: time pressure, potentiallyunsafe supplies, high risk populations, and staff related challenges 4. What does a foodborne illness cost?: guests and operations 5. Af...

Florida Commission On Ethics Responsible for defining and enforcing ethical standards (update) Limited Financial Disclosure Must be filed by any employee with the power to make purchases exceeding $35,000 and must be filed annually with commission on ethics by July 1. Failure to file can lead to fines of $25 per day for each day after September 1 up to $1500 Attestation of non-competitive Procurement Strongly recommended. For non-competitive Procurement in excess of category two you ...

How long after an employee leaves a position with the state can they be employed by a business that had a contract the agency employee managed at their former agency? 2 Years Agency employees with the power to make purchases exceeding $35k are required to file a Limited Financial Disclosure (FORM 1) by what date to the Commission on Ethics? July 1 Which of the following is true about the Code of Ethics? The Code has standards that apply to agency employees and their families_____...

Land rights Surface, all natural things attached to it, subsurface, and air above the surface Real estate rights Land + man made permanent attachments Real property rights Real estate + bundle rights Bundle of Rights PUTEE (possess, use, transfer, exclude, encumber) Riparian rights (rivers and streams) = R Navigable: own land to water's edge Not navigable: own underlying land to midpoint of stream Littoral rights (lakes and seas) = L Own to high water m...

GA Real Estate Salesperson Questions And Answers 100% Guaranteed Success. Chattels Real - correct answer. leases,mortgages, contracts, deeds - ownership of real property Chattels Personal - correct answer. personal property, Bill of Sale Real Estate - correct answer. The land itself plus permanent attachments Real Property - correct answer. Real estate plus the legal rights and interests that go along with ownership 1 Acre - correct answer. ...

Fiduciary A person, such as an agent, placed in a position of trust; Essentially the same as a trustee. Fiduciary Duties / Agent Responsibilities O.L.D. C.A.R. Obedience Loyalty Disclosure of information Confidentiality Accounting Reasonable Skill, Care, & Diligence Caveat Emptor let the buyer beware An Appraiser Estimates Value Freehold Estates Indicates ownership for an undetermined length of time. Qualified fee estate is a Freehold Estate ...

What are the "bundle of rights" associated with property ownership? - 1) Control; 2) Possession; 3) Enjoyment; 4) Exclusion; 5) Disposition Possession - The property is legally owned by whoever owns the title. Control - The titled owner (freeholder) controls the use of the property. Enjoyment - Rights-holder can enjoy the property in any legal or contractually agreed manner. Exclusion - Owner can exclude others from entering. Disposition - The titled owner can sell, rent, or...

Fee Simple Estate correct answersThe most complete and absolute ownership which is freely transferable, has an indefinite duration, and can be left to heirs is a(n) . Remainder Estate correct answersA life estate that goes to a named third party when the life tenant dies. Life Estate correct answersThe grantee holds the estate for his of her lifetime Non-freehold Estate correct answersA tenant's right to occupy real estate, usually a personal property interest, for a term specified in ...

WA State Real Estate Exam Ch 2 Questions and Answers Estate - Ans ️️ -Degree of interest a person has in land that is or may become possessory. The right to possess the property is the right to occupy and use it. Freehold Estate - Ans ️️ -Interest in real property with an indeterminable (not fixed or certain) duration. The holder of this estate is usually called an owner. Fee Simple Estate - Ans ️️ -A freehold estate; the greatest estate in land; potentially infinite duration a...