Legal descriptions - Study guides, Class notes & Summaries

CDT Exam Prep chapter 1-4 Questions and Elaborated Answers Bidding documents are considered legal documents? ▪ True. ▪ False. - CORRECT ANSWER-False Codes governing commercial construction and residential construction are different? ▪ True. ▪ False. - CORRECT ANSWER-True The A/E usually hires a construction manager? - CORRECT ANSWER-False The Owner, Contractor and A/E are parties to the construction agreement? ▪ True. ▪False. - CORRECT ANSWER-False There are no differenc...

CMCA PRACTICE EXAM QUESTIONS AND ANSWERS 100% PASS Preparing a bid request includes which of the following: A. Verifying References. B. Identifying potential contractors. C. Recommending a contractor to the board. D. Verifying contractor insurance. B Legal review prior to executing a contract will assist the association in the event that: A. A subcontractor is used. B. A performance bond is required. C. There is a budgetary shortfall. D. The board has questions or concerns. D Rather tha...

Physical Characteristics Non-homogeneity, immobility, and indestructibility Economic Characteristics scarcity, improvements, permanence of investment, area preference 00:13 01:28 Scarcity A situation in which unlimited wants exceed the limited resources available to fulfill those wants appurtenance rights, privileges or improvements that belong to and pass with the land Bill of Sale A document used to transfer ownership of personal property. Trad...

Property Ownership - ANSWER An item that has a legal owner, along with the attendant rights to legal ownership. Real Property - ANSWER Ownership of real estate and the bundle of rights associated with owning real estate. Personal Property - ANSWER Ownership of anything which is not real estate, and the rights associated with owning the personal property item. Chattel or Personalty - ANSWER Also known as Personal Property. Real Estate - ANSWER Air, water, land, and everything affixed...

LAW OF CONTRACT NOTES: Contract as an agreement intended to create enforceable obligations A contract is an agreement between two or more parties. The extra ingredient that distinguishes contracts from non-binding agreements is a serious intention to create legally enforceable obligations (animus contrahendi). The absence of an animus contrahendi explains why ‘gentlemen’s agreements’ are not enforceable as contracts. Legally binding agreements that are not contracts: The ...

Domestic Violence Response Questions and Answers 100% Pass Question: What should be the immediate steps for a victim of domestic violence when contacting authorities? Answer: Victims should provide clear details about the situation, including the location and nature of the violence, any immediate threats, and the identities of those involved. It's important to stay as calm and accurate as possible to ensure a prompt and effective response. Question: What role do local domestic vio...

Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1 Complete Solution Manual and Instructor Resource for Intermediate Accounting, 18th Edition 18th Edition, by Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. ISBN- Chapter 1 Financial Accounting and Accounting Standards Assignment Classification Table (By Topic) Topics Questions Brief Exercises Exercises Critical Thinking 1. Environment of accounting, principles, objectives, sta...

PA RE Fundamentals Unit 4 Legal Descriptions. Questions & 100% Verified Correct Answers with complete solutions (Latest update 2024 2025

Utah Real Estate Class Arti Latest 2024 Chapter 1 Affixed Typically in reference to mineral, water, or surface rights, resources that go with the property are affixed. Annexation The process of personal property becoming real property. With reference to subsurface rights, annexation is adding water or mineral rights to the property. Legal tests include method of annexation, adaptability, relationship of the parties. Appurtenance Something that comes with real property. Water or a...

Even after an offer has been accepted and is binding, the buyer and seller may still choose to sign mutual release papers rather than proceed to closing. Which of the following circumstances would NOT give either party a justifiable reason to insist on a mutual release? 1. The buyer finds a better property for better terms. 2. A title defect that will take months to clear is discovered. 3. A basement fire causes damage that requires extensive repairs. 4. The buyer is unable to obtain finan...