Easement by prescription - Study guides, Class notes & Summaries

Man made markers such as a steel rod or concrete post may be part of what type of legal description? Select one: A. Subdivision System B. Government Survey System C. Metes and Bounds D. Lot & Block - ANSWER-Metes and Bounds After unsuccessful negotiations, Joe went to court to gain regular access to his property. The judge likely granted Joe a (an): Select one: A. personal easement in gross. B. easement by necessity. C. easement by prescription. D. easement appurtenant. - ANSW...

Illinois Real Estate Practice Exam Questions and Answers Objectives of Federal Reserve System - Answer- To counteract inflationary and deflationary trends, to create a favorable economic climate, to maintain sound credit conditions but NOT to control the secondary mortgage market Remainder Interest - Answer- A fee simple holder of a parcel of real estate grants a life estate to her daughter and stipulates that upon the daughters death, the property will pass to her grandson. The second es...

CT Quiz - Real Estate 100% Correct Solved In Connecticut a dower and curtsey are seen as: - Correct Answer ️️ -not recongized If a husband dies in Connecticut, his wife is entitled to what: - Correct Answer ️️ -an election to take a life estate equal to one-third of the property owned by the husband at the time of his death A homeowner may exempt what amount from debt owed a foreclosing mortgagee: - Correct Answer ️️ -nothing The burden of proof in acquiring an easement by pre...

limited partnership - A partnership composed of general and limited partners whose contribution and liability are limited and specifically defined joint tenancy - a form of co-ownership between two or more persons of an interest in real property whereby such persons own the interest together and each person has exactly the same rights in that interest as his co-tenants. Joint tenancy is created by the act of the parties. The key is the right of survivorship. easement in necessity - Arises ...

Principles of Louisiana Real Estate Unit 1 National Portion. Exam Questions With 100% Verified Answers. Land - answerEarth's surface extending downward to the center of the earth real estate - answerAlso called "real property," it is land and anything permanently attached to the land, such as buildings, fences and items that are attached to the buildings. improvements - answerChanges or additions made to a property, such as walls or roads, and so on. These typically increase the value ...

Provides for the rehabilitation or recycling of brownfields by providing a mechanism to enforce hazard mitigation controls and ease concerns about the future liability associated with contaminated properties - ️️Uniform Environmental Covenants Act (UEAC), which took effect in February 2008 Created when the person claiming the easement has made use of another's land for 21 years in PA. The claimant's use must have been continuous, exclusive, and without the owner's approval. Th...

MIE 305 Exam Questions And Answers 100% Verified Real Property - answerThe legal interests in land and things attached to, or growing on land. Personal Property - answerReferred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. Chattels Real - answerAn interest in land, such as a leasehold. Chattels Personal - answerMoveable personal property. Chattel Personal in Action - answerSomethi...

CT Quiz - Real Estate 100% Correct Solved In Connecticut a dower and curtsey are seen as: - Correct Answer ️️ -not recongized If a husband dies in Connecticut, his wife is entitled to what: - Correct Answer ️️ -an election to take a life estate equal to one-third of the property owned by the husband at the time of his death A homeowner may exempt what amount from debt owed a foreclosing mortgagee: - Correct Answer ️️ -nothing The burden of proof in acquiring an easement by pre...

MIE 305 Exam Questions And Answers 100% Verified Real Property - answerThe legal interests in land and things attached to, or growing on land. Personal Property - answerReferred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. Chattels Real - answerAn interest in land, such as a leasehold. Chattels Personal - answerMoveable personal property. Chattel Personal in Action - answerSomethi...