Severed or severance Study guides, Class notes & Summaries

Real Property - ANSWER land, Improvements attached to the land, and the rights to use them Personal Property - ANSWER right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BILL OF SALE Fixture - ANSWER Personal Property attached in such a way to make it real property. Annexation - ANSWER Process of attaching personal property to real property making it a fixture Severed or Severance - ANSWER Real property being removed becoming pe...

Texas Real Estate State Exam With Correct Answers Real Property - Answer -land, Improvements attached to the land, and the rights to use them Personal Property - Answer -right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BILL OF SALE Fixture - Answer -Personal Property attached in such a way to make it real property. Annexation - Answer -Process of attaching personal property to real property making it a fixture Severed or Severance ...

Real Property CORRECT ANSWER land, Improvements attached to the land, and the rights to use them Personal Property CORRECT ANSWER right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BILL OF SALE Fixture CORRECT ANSWER Personal Property attached in such a way to make it real property. Annexation CORRECT ANSWER Process of attaching personal property to real property making it a fixture Severed or Severance CORRECT ANSWER Real prop...

A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. Define a 'Dwelling Unit' - 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) What is the difference between a semi-detached structure and a vertically divided duplex? The interest ...

Texas Real Estate State Exam Questions And Complete Solutions |VERIFIED

Class C misdemeanor fine not to exceed $500 Class B misdemeanor not to exceed more than 180 days in jail/fine not to exceed $2000 Brainpower Read More 0:00 / 0:00 Class A misdemeanor no more than 1 year in jail/fine not to exceed $4000 State Jail Felony max. 2 years; min. 180 days in jail fine for all felonies? $10,000 3rd degree felony max. 10 years; min. 2 years in jail 2nd degree felony max. 20 years; min. 2 years in jail 1st degr...

2023/2024 Texas Real Estate State Exam (Answered) Real Property land, Improvements attached to the land, and the rights to use them Personal Property right or interest in things of a temporary or movable nature chattel personality. Ownership transferred by a BILL OF SALE Fixture Personal Property attached in such a way to make it real property. Annexation Process of attaching personal property to real property making it a fixture Severed or Severance Real property being removed becoming persona...

Real Property - Answer- consists of land, improvements, attached to the land, benefits, rights, and ownership interests that go with the land. Appurtenance - Answer- is often used to describe rights, privileges, and improvements that belong to and pass with the land Improvements - Answer- man's additions to the land such as buildings and landscaping Personal property - Answer- is a right or interest in something of a temporary or movable nature and includes anything not classed as real pr...

Police Power (Ans- Government right to regulate and control the character and use of property for the health, safety and general welfare of the public Zoning (Ans- Local laws to control land use Non-conforming use (Ans- A permissible use under former rules that is now prohibited - automatically granted when zoning regulations change Variance (Ans- Permission to violate current regulations - obtained by a hearing Buffer zone (Ans- An area of land separating one land use from...

Texas Real Estate State Exam Questions and Answers 100% Verified Real Property - Answer- land, Improvements attached to the land, and the rights to use them Personal Property - Answer- right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BILL OF SALE Fixture - Answer- Personal Property attached in such a way to make it real property. Annexation - Answer- Process of attaching personal property to real property making it a fixture Sev...