Situs - Study guides, Class notes & Summaries

National Real Estate Exam Vocab 100% Correct Appurtenance rights, privileges or improvements that belong to and pass with the land. Improvements Man's additions to the land such as buildings and landscaping. Chattel Personal property, personalty Bill of Sale A document used to transfer ownership of personal property. Fixture An item that was personal property; however, it is attached in such a way that it has became real property. Never freestanding. Annexation Put it toge...

A real estate development corporation purchased land for a condominium project. The corporation most likely took title to the land A. as a general partnership. B. as a joint tenant. C. In severalty. D. as a syndication. - ANSWERD. as a syndication. Pulls funds for the development of projects Man made markers such as a steel rod or concrete post may be part of what type of legal description? A. Metes and Bounds B. Subdivision System C. Lot & Block D. Government Survey System - ANSWER...

Champions School of Real Estate Exam Prep National Chapter 1 & 2 Latest Update 100% Pass Rights, privileges or improvements that belong to and pass with land. Appurtenance Man made additions to the land such as buildings and landscaping. Also known as free standing Improvements Right or interest in something that is temporary or movable by nature. Also known as chattel or personalty. Personal Property Ownership is transferred by... Bill of Sale When personal property is incl...

TREC has the authority under TRELA to suspend or even revoke a broker's license if: They conduct the unlawful practice of law ESAC stands for: Education Standards Advisory Committee What refers to a location from an economic rather than a geographic standpoint? Situs. Which amendment guarantees that a citizen will not be deprived of property without due process of law? 5th Amendment. The CFPB is the: Consumer Financial Protection Bureau A professional organization or association is usual...

Unit 19 - The Real Estate MarketThe value of real estate is heavily influenced by - correct answer changes in the surrounding area. The principal of change is a major factor in the value of real estate, since real estate is continually changing Obsolescence is - correct answer the state of being which occurs when an object, service, or practice is no longer wanted even though it may still be in good working order Real estate is influenced by economic obsolescence, which is generally - co...

the mitral and tricuspid valves are formed during which stage of embryology o :# stage III On EKG ventricular contractions occur at the : p wave qrs complex tp interval t wave o :# QRS complex after birth the ductus o :# ligamentum venosum a single heart tube is formed during which stage of embryology o :# stage I on EKG, atrial contraction occurs the TP interval T wave QRS complex 2024/2025 2 | P a g e P wave o :# P wave coarctation of the AO results from which pathogenetic ...

Chamberlain BIOS 251 Exam 1 Questions and Answers Already Passed What 4 ways do you examine the body? Inspection, Palpation, Auscultation and Percussion Inspection Seeing the body Palpation to examine by touch Auscultation Listening with a stethoscope Percussion taking hands and beating over certain parts of body Medical Imaging methods of viewing the inside of the body without surgery, i.e. radiology Gross Anatomy Study of structures that can be seen with the naked eye ...

A business owner sells the back half of his lot to a developer. The developer is granted an Easement Appurtenant to cross the business owner's property to get to the street. The business owner's property is the____________. - ANSWER-Servient Tenement All of the following refer to legal descriptions except: Select one: A. U.S. Government Survey B. Topographical Lines C. Metes and Bounds D. Lot and Block - ANSWER-Topographical Lines Which is larger than a section? Select one...

ad valorem - Answer- According to Value The basic responsibilities of an Appraiser to all taxable property. - Answer- 1. Discovery 2. Listing 3. Valuation The taxable location of personal property is referred to as its' - Answer- Situs The type of value usually estimated by an Appraiser is the - Answer- Market Value The effective tax rate reflects the ratio between what - Answer- The current tax bill and the property value Assessment level times the tax rate equals - Answer- Th...

Utah Real Estate Class Arti Latest 2024 Chapter 1 Affixed Typically in reference to mineral, water, or surface rights, resources that go with the property are affixed. Annexation The process of personal property becoming real property. With reference to subsurface rights, annexation is adding water or mineral rights to the property. Legal tests include method of annexation, adaptability, relationship of the parties. Appurtenance Something that comes with real property. Water or a...