Tenancy at sufferance Study guides, Class notes & Summaries

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - ans Periodic tenancy Physical land and everything attached to it is called - ans Real Estate Equipment a tenant installs for use in his or her business is called - ans Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the neighborhoo...

Broker Test - AZ REAL ESTATE/ Exam Review Questions and answers/ What is the document prepared by an attorney that states the attorney's opinion of the status of the title? A. Abstract of Title B. Certification of title C. Opinion of Title D. Title Report - -Certificate of Title A preliminary title report would tell you all of the following except: Tax liens Easements Judgments requiring resolution Zoning - -zoning The word "tenancy" describes: - -a mode of holding Sue decides t...

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...

A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - ans Periodic tenancy Physical land and everything attached to it is called - ans Real Estate Equipment a tenant installs for use in his or her business is called - ans Trade fixture The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the neighbor...

Types of Tenancies correct answer: For Years - has a start date and an end date. If the lease starts on a day and is for a period of time, its one of these. Periodic - Can't have start and end date. "Month to month", so period-to-period. Not real common to be tested, but you want to say at end of tenancy for years, if there is a hold over tenant, the landlord can bind tenant to periodic tenancy. At Will - exactly what name denotes, can be cancelled at any time by either party. Terminates o...

Real Estate Principles Final Study Guide Exam 2024.1. One of the elements of a valid contract is mutual consent—an offer and an acceptance. A contract becomes binding between the seller and the buyer when the: a. buyer signs the counteroffer. b. broker is notified of the seller's acceptance. c. offer is accepted by the broker. d. buyer is notified of the seller's acceptance. - ANSWER a. buyer signs the counteroffer. 2. What type of development combines the individual ownership of pr...

Tenancy at Will - correct answerNo written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance - correct answerTenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common - correct answerOwnership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants - correct answer2 or more people own equal rights...

Leasing Agent Exam Questions Chapter 3 Questions and Answers 100% CorrectLeasing Agent Exam Questions Chapter 3 Questions and Answers 100% CorrectLeasing Agent Exam Questions Chapter 3 Questions and Answers 100% CorrectLeasing Agent Exam Questions Chapter 3 Questions and Answers 100% Correct A lease for a six month term would be classified as a: a. tenancy for years b. periodic tenancy c. tenancy at will d. tenancy at sufferance - ANSWERa. tenancy for years The tenant leases a property f...

ASREB Exam Practice Questions and Answers types of loans - Correct Answer ️️ -FHA loan, Conventional loan, VA loan FHA loan - Correct Answer ️️ -MIP (Mortgage Insurance Premium) Two types (Upfront and Monthly) Conventional loan - Correct Answer ️️ -PMI (Private Mortgage Insurance) Drops off automatically at 78% loan to value (LTV) Ask for removal at 80% loan to value VA Loan - Correct Answer ️️ -Funding Fee based on value USDA loan - Correct Answer ️️ -loan is zero do...