Air rights are common - Study guides, Class notes & Summaries
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Pearson Vue Exam Questions & Answers, 100% Accurate, rated A+
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Pearson Vue Exam Questions & Answers, 100% Accurate, rated A+ 
 
 
Real property interests include... - -an appurtenance that goes with the land. 
 
Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements 
 
What is a form of ownership that is restricted to husbands and wives? - -Tenancy by the entirety. 
 
Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivo...
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CPCU 551 - Addressing Commercial Property Risk Questions And Answers 2023
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CPCU 551 - Addressing Commercial Property Risk Questions And Answers 2023 
Condominium 
A real estate development consisting of a group of units, in which the air space within the boundaries of each unit is owned by the unit owner, and all remaining real and personal property is owned jointly by all the unit owners. 
 
 
 
Condominium unit 
The portion of a condominium owned solely by a unit owner. 
 
 
 
Common elements 
Areas of a condominium that are jointly owned by all unit owners, includin...
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Real Estate Salesperson Exam questions and answers 2023
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Real Estate Salesperson Exam questions and answers 2023Where is license law written? 
Article 12A 
 
 
 
Under NYS Real Property Law, when Dept. of State revokes a salesperson's license, the salesperson can't be relicensed until how much time has expired? 
1 year 
 
 
 
If a broker's license is taken away, what happens to the salespersons who work for him? 
Their licenses are suspended until they associate with a new broker. 
 
 
 
What could happen to somebody who breaks Article 12A? 
Loss o...
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Law of Contracts - CHAMPIONS TEST 2023 (Answered)
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Wrongful or criminal deception intended to result in financial or personal gain is called: - Answer- fraud 
 
The Buyer and Seller Temporary Residential Lease forms may be used for a lease period not to exceed: - Answer- 90 days 
 
__________ extend above the surface without limitation. - Answer- air rights 
 
An example(s) of an appurtenance would be: - Answer- easements 
 
There is no upper limit on the value of a Texas homestead. - Answer- true 
 
A(n) __________ is one that combines some of ...
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PSI Real Estate Salesperson Exam Actual Update Questions with Correct Answers and 2024/2025
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All of the following would be considered real property except 
1. Mineral rights 
2. A leasehold estate 
3. Fixtures 
4. Air - 2. A leasehold estate 
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 tenant 
4. That benefits from the easement - 2. On which the easement is placed 
Which of the following statements concerning encumbrances is not true? 
1. All encumbrances are lien 
2. All liens are encumbra...
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PSI Real Estate Salesperson Exam 1 Actual Update 2024/2025
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All of the following would be considered 
real property EXCEPT 
1. mineral rights. 
2. a leasehold estate. 
3. fixtures. 
4. air. - a leasehold estate. 
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 tenant. 
4. that benefits from the easement. - that benefits from the easement. 
Which of the following statements concerning encumbrances is NOT true? 
1. All encumbrances are liens. 
2. All liens are e...
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Champions real estate principles of real estate 1 in 2022 latest update
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Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships 
 
Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. 
 
immobility - correct answer It's a physical characteristic of land that cannot be moved 
 ...
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TEST BANK FOR INTRODUCTION TO CLINICAL PHARMACOLOGY 10TH EDITION By Constance Visovsky, Cheryl Zambroski, Shirley Hosler | Complete 2023-2024
- Exam (elaborations) • 136 pages • 2023
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TEST BANK FOR INTRODUCTION TO CLINICAL PHARMACOLOGY 10TH EDITION By Constance Visovsky, Cheryl Zambroski, Shirley Hosler | Complete 2023-2024. The LPN/VN is assessing a patient before giving a drug for blood pressure management. The nurse notes the blood pressure to be 
90/50 mm Hg. What is the nurse’s best action? 
a. Hold the drug and report the blood pressure to the RN. 
b. Give the patient a full glass of water before giving the drug. 
c. Come back in 30 minutes and recheck the blood press...
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Real Estate 306 Exam 1 Question with 100 % correct answers | Verified
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developer's key objective - generate risk-adjusted returns that create value and are able to 
manage risk 
balance of land use - quiet enjoyment (private), eminent domain/takings/just compensation 
(public purpose), rights of police power, due process 
5th, 5th, 10th, 14th amendments 
building codes - older than zoning; fire, sanitation and injury 
building shapes and sizes determined by - legally permissible, physically possible, market feasible 
cash flow drivers - revenue 
operating expenses...
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Real Estate 306 Exam 1 Questions and Answers 100% Verified
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Co ownership types: - - Condominium 
- Cooperative 
- Timeshare 
Land - may include more than the earth, may also include improvements to the land 
personal property - things that are movable & not permanently affixed to the land 
Ownership rights - Real estate provides people with this "bundle of rights" 
- Rights to: 
Use/Occupy 
Sell 
Lease 
Give away 
Do all or none 
"real property" vs. real estate 
security 
privacy 
location 
User markets - characterized by competition among users for ...
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