Metes and bounds - Study guides, Class notes & Summaries

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Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)
  • Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)

  • Exam (elaborations) • 10 pages • 2024
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  • Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Real versus personal property - ANSWER real property: Real estate and the bundle of rights Personal property: all property that is not land or permanently attached to land, excepting trade fixtures and emblements. Physical ch...
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DONALDSON RE NATL FINAL 100% CORRECT.
  • DONALDSON RE NATL FINAL 100% CORRECT.

  • Exam (elaborations) • 13 pages • 2024
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  • DONALDSON RE NATL FINAL 100% CORRECT. A real estate development corporation purchased land for a condominium project. The corporation most likely took title to the land A. as a general partnership. B. as a joint tenant. C. In severalty. D. as a syndication. - D. as a syndication. Pulls funds for the development of projects .Man made markers such as a steel rod or concrete post may be part of what type of legal description? A. Metes and Bounds B. Subdivision System C. Lot & Block D....
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FUNDAMENTALS OF CODE ENFORCEMENT EXAM QUESTIONS AND ANSWERS
  • FUNDAMENTALS OF CODE ENFORCEMENT EXAM QUESTIONS AND ANSWERS

  • Exam (elaborations) • 11 pages • 2024
  • FUNDAMENTALS OF CODE ENFORCEMENT EXAM QUESTIONS AND ANSWERS ASKING FOR THE DEED - ANS WHAT IS THE QUICKEST WAY TO FIND THE OWNER OF A PROPERTY? Metes - ANS MEANS DISTANCE BOUNDS - ANS MEANS DIRECTION Section map - ANS Is a compilation of all parcels in the Section, whether metes and bounds, Government Survey, or Lot and Block describe the parcels. 60 minutes - ANS How many minutes in one degree? 60 seconds - ANS How many seconds in one minute? Easements ...
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LSIT Exam Questions & Answers 2024/2025
  • LSIT Exam Questions & Answers 2024/2025

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  • LSIT Exam Questions & Answers 2024/2025 (i) mathematics, (ii) legal principles, (iii) types of surveys and (iv) survey computations - ANSWERSKnow these forsure Survey Process and Methods - ANSWERS-Instrumentation (e.g., GNSS/GPS, levels, total stations, robotic total stations, scanners, UAS) -GNSS/GPS surveys (e.g., static, kinematic, OPUS, real-time networks) -Control surveys (e.g., horizontal, vertical, network design, accuracy standards) -Cadastral (e.g., Public Land Survey S...
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TREC EXAM QUESTIONS AND ANSWERS
  • TREC EXAM QUESTIONS AND ANSWERS

  • Exam (elaborations) • 16 pages • 2023
  • The fact that an individual must go to the land describes which of the physical characteristics of land? a. non homogeneity b. immobility c. indestructability d. situs - Answer- b. immobility John and Mary are co-owners of a property. John has a 60% interest in the property and Mary has a 40% interest. What type of freehold estate do they have? a. joint tenancy b. Estate in severalty c. Tenancy in Common d. Life estate - Answer- c. Tenancy in Common A property is surveyed to de...
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Texas Real Estate State Exam (2023/2024) 100% Pass
  • Texas Real Estate State Exam (2023/2024) 100% Pass

  • Exam (elaborations) • 22 pages • 2023
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  • Texas Real Estate State Exam (2023/2024) 100% Pass Real Property land, Improvements attached to the land, and the rights to use them Personal Property right or interest in things of a temporary or movable nature chattel personalty. Ownership transferred by a BILL OF SALE Fixture Personal Property attached in such a way to make it real property. Annexation Process of attaching personal property to real property making it a fixture Severed or Severance Real property being removed becoming pers...
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FINC 371 Test 2 (Peterson)Questions & Answers (RATED A+)
  • FINC 371 Test 2 (Peterson)Questions & Answers (RATED A+)

  • Exam (elaborations) • 25 pages • 2024
  • Ch. 5 - ANSWERDeeds and Titles All RE contracts must be in ______ - ANSWERwriting 6 Essential Elements of a Deed - ANSWER1. Grantor [Giver] 2. Grantee [Receiver] 3. Consideration [something of economic value] 4. Legal Description [metes/bounds, plats, etc] 5. Signatures [once have both, then it is considered executed] 6. Delivered [title not transferred UNTIL delivery to Grantee, filed with county] Covenants vs Warranties - ANSWERCovenant: agreement or promise [4] Warranty: guar...
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121 Principles of Real Estate Final Exam Review
  • 121 Principles of Real Estate Final Exam Review

  • Exam (elaborations) • 15 pages • 2023
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  • 121 Principles of Real Estate Final Exam Review he listing is always taken in the name of the _________ and becomes the property of the ___________. A. Broker—salesperson B. Salesperson—seller C. Broker—broker D. Broker—seller - ANS C. Broker- broker A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of: A. A mortgage B. Personal property C. A deed of trust D. A house and 2 acres of land - ANS B. Personal property ...
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National Real Estate Exam: Pearson Vue, Top exam questions & Answers, rated A+
  • National Real Estate Exam: Pearson Vue, Top exam questions & Answers, rated A+

  • Exam (elaborations) • 7 pages • 2023
  • National Real Estate Exam: Pearson Vue, Top exam questions & Answers, rated A+ Maria acquires a property from her uncle Alfonso. When Maria dies, the estate will pass to Alfonso's other niece Serena. The type of estate that Maria has in the property is: A. conventional life estate B. legal life estate C. fee simple defeasible estate D. tenancy by the entireties - -conventional life estate One difference between a cooperative estate and a condominium estate is that: A. a condo owner...
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MD Pre-Licensing Title Insurance Prep Exam Questions Fully Solved.
  • MD Pre-Licensing Title Insurance Prep Exam Questions Fully Solved.

  • Exam (elaborations) • 24 pages • 2024
  • When an insurance company obtains the rights and claims of an insured, it is called subrogation A.True B.False - Answer A.True In a foreclosure action, a buyer has a right to A. Mediation B. Redemption C. AOTA D. NOTA - Answer C. AOTA All of the following are legal descriptions EXCEPT A. Metes and bounds B. Lot and block/Plat C. Rectangle/Government D. Torrens Survey - Answer D.Torrens Survey A military power of attorney may be used in a real estate transac...
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