Reliction - Study guides, Class notes & Summaries

tenements - ANSWER all of the rights and interests that go with the land hereditaments - ANSWER land and all of the tenements that can be inherited appurtenance - ANSWER a right interest of privilege that goes with the land (item in the bundle) accretion - ANSWER a gradual process in which the boundary of riparian land is extended by natural forces reliction - ANSWER the permanent receding of the water which leaves the ground under it dry and exposed erosion - ANSWER a natural pro...

REAL ESTATE ( AZ SPECIFIC ) EXAM QUESTIONS AND ANSWERS Arizona property taxes are based on: - Answer- Assessed value The tax rate applied to owner occupied residential property is: - Answer- 10 % What lien has priority first: - Answer- Property taxes Property taxes become a lien the first day of: - Answer- January If a property is not bid at a tax foreclosure sale: - Answer- Anyone can later buy the tax lien from the Treasurer Rank the following in order: IRS lien, Property Taxes, Speci...

In reference to Property Taxes, "basis" or "cost" is - answer-Purchase price of prop plus cost of improvements. How is a condominium unit owned? - answer-Separate interest How are common interests in a condo owned? - answer-Equally in undivided interest Subdivided Land Laws refer to - answer-Subdivisions of 5+ parcels on 160 acres, regulated marketing & financing, and requires disclosures in public report. How long is a disclosure in public report for Subdivided Land Laws good fo...

Superior Real Estate School Exam with Correct Solutions 2024 All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - Answer -D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land...

California Real Estate Exam Questions and Answers 100% Pass In reference to Property Taxes, "basis" or "cost" is Purchase price of prop plus cost of improvements. How is a condominium unit owned? Separate interest How are common interests in a condo owned? Equally in undivided interest Subdivided Land Laws refer to Subdivisions of 5+ parcels on 160 acres, regulated marketing & financing, and requires disclosures in public report. How long is a disclosure in public report for Subdivided L...

parcel portion of land delineated by boundaries • Real property ownership of real estate and the bundle of rights associated with owning the real estate. • Personal property ownership of anything that is not real estate, and the rights associated with owning the personal property item • Tangible property physical, visible, and material Intangible property abstract, having no physical existence in itself, other than as evidence of one's ownership interest. ...

Superior School of Real Estate Exam Problem Areas| Questions and Answers, 100% Verified| Updated 2024 Tenements all of the rights and interests that go with the land hereditaments land and all of the tenements that can be inherited appurtenance a right interest of privilege that goes with the land (item in the bundle) accretion a gradual process in which the boundary of riparian land is extended by natural forces reliction the permanent receding of the water which leaves the ground u...

Superior School of Real Estate Exam Problem Areas Questions and answers with 100% Complete solutions | verified &updated 2024| Graded A+ tenements - all of the rights and interests that go with the land hereditaments - land and all of the tenements that can be inherited appurtenance - a right interest of privilege that goes with the land (item in the bundle) accretion - a gradual process in which the boundary of riparian land is extended by natural forces reliction - the permanent receding ...

Superior Real Estate School Exam Questions and answers with 100% Complete solutions | verified &updated 2024| Graded A+ All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetar...

All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land is the basis for the doctrine of specific performance? A. Indestruc...