A freehold estate is - Study guides, Class notes & Summaries

A rectangular lot contained 17,550 square feet. It measured 150 feet deep. A man wanted to build a store and needed more land. He could buy one lot on each side of this lot. Each of the side lots was the same size and the same shape. Each was 150 feet deep. Each contained 6,000 square feet. If he purchased all three lots, what would be the front footage: A: 197; B: 189; C: 181; D: 176. - Answer-A: 197; When rent is computed on the gross sales of a business occupying real property, the l...

Mississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete Answers Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership Fee Simple Estate - ANSWER also called indefeasible fee estate Freehold estates - ANSWER All fee estates are Qualified fee esta...

CA DRE Salesperson Exam Questions and Answers (Latest Update 2024/2025) Verified Answers. What is the most complete, largest type of estate that includes all rights associated with the estate? - correct answers An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the property reverts back to original estate owner. - correct answers a life estate The rights of tenants who rent or lease pro...

Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership Fee Simple Estate - ANSWER also called indefeasible fee estate Freehold estates - ANSWER All fee estates are Qualified fee estate - ANSWER A fee estate that is subject to limitations other than gov't Qualified Fee estate - ANSWER also called fee simple estate Fee Simple Determinable - ANSWER Fee estate which will terminate if a condition stated in the deed comes into being or is te...

Superior School of Real Estate Exam Problem Areas Latest 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 of the water which leaves the ground under it dry and exposed e...

MD Real Estate Salesperson Exam Review with Certified Solutions Which of the following would NOT be considered real property? 1. mineral rights 2. a leasehold estate 3. fixtures 4. air 2. a leasehold estate - a leasehold estate is a non-freehold estate involving the tenant's right to occupy the real estate during the term of the lease The servient estate in an easement appurtenant is the property 1. owned by the landlord 2. on which the easement is placed 3. owned by the...

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...

North Dakota Real Estate Exam (State Test) Questions and Answers Already Passed The Real Estate Commission consists of how many members? 5 How many of the commissions members must be active brokers 3 The governor appoints a commissions member for a term of how many years? 5 Terms must be staggered so the term of one member expires each year (T/F) True The commission may submit a report to the governor and secretary of state how often? Biennial The commission shall maintain...

Freehold Estate - correct answer Is an interest in real property that has an indeterminable (not fixed or certain) referred to as a owner Fee Simple Estate - correct answer Is the greatest estate that can exist in land, the highest and most complete form of ownership. It is potentially infinite duration and represents the whole "bundle of rights" Estate of Inheritance - correct answer An estate that can pass to the holders heirs, especially a fee simple Defensible fee estate - ...

What are the two types of freehold estates? - ANSWER-1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - ANSWER-An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the property reverts back to original estate owner. - ANSWER-a life estate The rights of tenants who rent or lea...