Homestead rights - Study guides, Class notes & Summaries
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WV Real Estate Exam Study Questions and Answers with Complete Verified Solutions Graded A 2024
- Exam (elaborations) • 15 pages • 2024
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What are the types of fee simple estates? - Fee Simple Absolute 
Fee Simple Defeasable 
 
Fee Simple Absolute - The best type of ownership you can get. 
 
Fee Simple Defeasible - Subject to occurrences or non occurrences of specified time. 
 
Two types of fee simple defeasible? - Fee simple determinable 
2 Condition subsequent 
 
Fee Simple Defeasible - Will include: so long as, while, during and includes the term reverter. 
 
Reverter - Former owner can take back land with no legal action if ...
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OKLAHOMA REAL ESTATE TEST QUESTIONS & ANSWERS SCORED A+ TO PASS
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$1,000 - Answer-The declaration of homestead in Oklahoma, filed by the head of a family by March 15, 
will exempt from the assessed valuation of the property the amount of 
1 - Answer-How many base lines intersect each principal meridian in the rectangular survey system 
12 - Answer-How many lots, each measuring 72.5 feet wide by 100 feet deep, could be made from a 
two-acre parcel of land? 
4 - Answer-How many years are the Oklahoma Real Estate Commissioners appointed to serve? 
40 - Answer-How...
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Florida Real Estate STATE exam Questions and Answers 100% Pass
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Florida Real Estate STATE exam Questions and Answers 100% Pass 
The best protection that the public has during a Real Estate transaction is (are) 
A. The national and state association of REALTORS 
B. The punishment of licensees dealing dishonesty 
C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law 
A group license 
A. allows a broker to have a branch office 
B. allows a sales associate to work for more than one broker 
C. may be held by a...
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FL Real Estate License Practice Exam 1 Questions And Correct Answers. Complete Verified Solution 2024
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FL Real Estate License Practice Exam 1 Questions And Correct Answers. Complete Verified Solution 2024 
 
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 
B 
A property that has been declared as a homestead has wh...
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GEORGIA REAL ESTATE PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/| latest update 2024/25|
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GEORGIA REAL ESTATE PRACTICE EXAM REVIEW QUESTIONS 
AND ANSWERS, 100% ACCURATE, GRADED A+/ 
1. which of the following ways of specialization is common in the real estate brokerage business 
A) by background of client 
B) by type of property 
C) by years of experience in the business 
D) by type of mortgage financing required - -b 
2. which of the following is included in the legal concept of land 
A) A corn crop 
B) a lake 
C) a felled tree 
D) an abandoned vehicle - -b 
3. a property abuts a n...
Too much month left at the end of the money?
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Arizona Real Estate State Exam Questions and answers, rated A+| LATEST EXAM UPDATES| 2024/25 |
- Exam (elaborations) • 36 pages • 2024
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Arizona Real Estate State Exam 
Questions and answers, rated A+ 
Which of the following is NOT a specific lien? 
a. an unrecorded mortgage 
b. a mechanic's lien 
c. a judgement lien 
d. a blanket mortgage - -c. a judgement lien 
Which of the following is NOT an encumbrance on real property? 
a. lease 
b. easement 
c. homestead right 
d. restrictive convenant - -c. homestead right 
Which of the following is NOT an appurtenance? 
a. easement right 
b. mineral right 
c. water rights 
d. trade fixt...
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Alabama Real Estate Final Exam Study Guide - 60 Hour Course
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Which of the following ways of specializing is common in the real estate brokerage business? 
A. By type of mortgage financing required 
B. By years of experience in the business 
C. By type of property 
D. By background of client - C. By type of property 
 
Which of the following is included in the legal concept of land? 
A. A corn crop 
B. A lake 
C. A felled tree 
D. An abandoned vehicle - B. A lake 
 
A property abuts a non-navigable stream. What does the property owner own? 
A. Land to the ...
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California Real Estate Exam Multiple Choice Questions with correct answers
- Exam (elaborations) • 127 pages • 2024
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California Real Estate Exam Multiple Choice Questions with correct answers 
 
An appraiser's definition of "Value" would be: 
 
a. present worth of all rights to future benefits arising out of ownership. 
b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. 
d. all of the above. - answer-d. all of the above. 
 
These are elements of value. 
 
Which of the following abbreviations is associated with the...
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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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Study Set Questions and Answers for Dubai RERA Broker Exam 2024
- Exam (elaborations) • 18 pages • 2024
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Study Set Questions and Answers for 
Dubai RERA Broker Exam 2024 
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 - CO...
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