Tenancy at sufferance Study guides, Class notes & Summaries
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MIE 305 EXAM 3 WITH 100% CORRECT ANSWERS ALREADY GRADED A+
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CHAPTER 10 
 
 
Bundle of Rights 
sticks metaphor 
 
owner = entire bundle of sticks 
 
renter = only a few sticks 
 
possession, use, control, exclusion, transfer 
 
 
 
Brainpower 
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Property Rights 
the legal rights that a person has over a piece of real property 
 
 
Real Property 
The legal interests in land and things attached to or growing on land 
 
ex: part of the earth’s surface, buildings, fences, and trees 
 
used to describe the legal rights that a person can have in real...
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NYREI Exam Prep With Updated Answers
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A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - correct answers--Periodic tenancy 
 
Physical land and everything attached to it is called - correct answers--Real Estate 
 
Equipment a tenant installs for use in his or her business is called - correct answers--Trade fixture 
 
The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial com...
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TN Timeshare Salesperson – 1010 Latest Update Graded A
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TN Timeshare Salesperson – 1010 Latest Update Graded A Appurtenant A homeowner has negotiated with a neighbor to obtain the permanent right to pass over the northern part of the neighbor's land to gain access to the river. He pays the neighbor $9,000 for the right of access and receives a deed. This is an easement 
A legal easement can be created by any of the following EXCEPT definition within a deed. 
A license. A homeowner is willing to let his neighbor park an RV in his backyard. He does ...
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FL Real Estate License Practice Exam 1 2023 with 100% correct answers
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Steve deeded to his father a home for as long as his father was alive. One stipulation to the deed was that the property would be passed to the local Youth Center upon the death of Steve's father. What type of estate does the Youth Center have? 
 
a. A reversion estate 
b. A remainder estate 
c. A life estate 
d. An estate for years - correct answer -B 
 
A property that has been declared as a homestead has which of the 
following rights? 
 
a. It is exempt from any foreclosure. 
b. It is creat...
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Principles of Real Estate Final Exam With 100% Correct Answers
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Principles of Real Estate Final Exam With 
100% Correct Answers 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the seller's acceptance. 
c. offer is accepted by the broker. 
d. buyer is notified of the seller's acceptance. - answera. buyer signs the counteroffer. 
2. What type of development combines the individual owner...
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NYREI Exam Prep Questions with Correct Answers
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NYREI Exam Prep Questions with Correct Answers 
 
A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - Answer-Periodic tenancy 
 
Physical land and everything attached to it is called - Answer-Real Estate 
 
Equipment a tenant installs for use in his or her business is called - Answer-Trade fixture 
 
The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the eth...
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Principles of Real Estate Final Exam With 100% Correct Answers 2024
- Exam (elaborations) • 24 pages • 2024
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Principles of Real Estate Final Exam With 
100% Correct Answers 2024 
1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A 
contract becomes binding between the seller and the buyer when the: 
a. buyer signs the counteroffer. 
b. broker is notified of the seller's acceptance. 
c. offer is accepted by the broker. 
d. buyer is notified of the seller's acceptance. - answera. buyer signs the counteroffer. 
2. What type of development combines the individual ...
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Ky Real Estate |232 questions with 100% correct answers.
- Exam (elaborations) • 28 pages • 2023
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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...
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RE Broker Exam with Guaranteed Accurate Answers
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Bundle of rights - correct answer PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance 
 
Real property - correct answer Real estate (land + manmade attachments) + bundle of rights 
 
Legal Title - correct answer Full ownership of property + bundle of rights 
 
Equitable Title - correct answer Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. 
 
Homestead - correct answer Rights to principal residence 
 
Fee simple - correc...
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RE Broker Exam Questions & Answers(SCORED A+)
- Exam (elaborations) • 25 pages • 2024
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Bundle of rights - ANSWER-PUTEE - Possession, Use, Transfer, Exclusion, Encumbrance 
 
Real property - ANSWER-Real estate (land + manmade attachments) + bundle of rights 
 
Legal Title - ANSWER-Full ownership of property + bundle of rights 
 
Equitable Title - ANSWER-Interest that gives the buyer the right to acquire legal title to a property if certain contractual conditions occur. 
 
Homestead - ANSWER-Rights to principal residence 
 
Fee simple - ANSWER-Highest form of ownership interest - no...
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