Tenancy in common - Study guides, Class notes & Summaries
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PSI Real Estate Salesperson Exam Actual Update Questions with Correct Answers and 2024/2025
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All of the following would be considered real property except 
1. Mineral rights 
2. A leasehold estate 
3. Fixtures 
4. Air - 2. A leasehold estate 
The servient estate in an easement appurtenant is the property 
1. Owned by the landlord 
2. On which the easement is placed 
3. Owned by the tenant 
4. That benefits from the easement - 2. On which the easement is placed 
Which of the following statements concerning encumbrances is not true? 
1. All encumbrances are lien 
2. All liens are encumbra...
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Texas-Principles of Real Estate=1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate Texas - Principles 1 Exam Practice Questions and Answers Verified 2023 - Champions School of RealEstate Texas Principles 1 Exam Practi
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Texas-Principles of Real Estate=1 Exam 
Practice Questions and Answers Verified 2023 - 
Champions School of Real Estate 
Texas - Principles 1 Exam 
Practice Questions and Answers 
Verified 2023 - Champions 
School of RealEstate 
Texas Principles 1 Exam Practice Questions - Champions School of Real Estate 
1. a: Townhomes and single-family homes differ in that a common wall. 
(a) townhomes share 
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not 
o...
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BUS 250 Test 1 || with 100% Error-free Solutions.
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What are examples of real property? correct answers Vacant parking lot 
Kitchen Faucet 
Field of crops 
Shed 
 
Tenancy by entirety correct answers No independent right to convey; interest passes to spouse upon death 
 
Tenancy in common correct answers May convey to third party; interest passes to heirs upon death 
 
Joint tenancy correct answers May convey to third party during life; interest passes to other tenants upon death 
 
When partitioning property, courts will first seek to sell the ...
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Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023
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Certified Pennsylvania Evaluator Exam 
(CPE) Questions And Answers 2023 
Assessor - Correct Answer-Any person responsible for the valuation of real property for 
ad valorum taxation purposes 
Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, 
Valuing 
Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in 
Exchange 
An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all 
taxing authorities 
In order for an asses...
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Dubai RERA Broker Exam 2023 with 100% correct answers
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Which law applies to 
Land Registration & Ownership (Role of DLD) 
Law No. 7/2006 
 
 
 
Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) 
Regulation No. 3 of 2006 
 
 
 
Which law applies to 
Regulation of Real Estate Brokers 
Law No. 85/2006 
 
 
 
Which law applies to 
Establishment of RERA 
Law No. 16/2007 
 
 
 
Which law applies to 
Escrow Accounts 
Law No. 8/2007 
 
 
 
Which law applies to 
Tenancy Law 
Law No. 26/2007 
Law No. 33/2008 (amendment) 
 
 
 
Which ...
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principal of real estate 1 final exam with 100% correct answer
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One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): 
 
A) attorney-in-fact 
B) broker with a listing 
C) special agent 
D) attorney-at-law 
attorney-in-fact 
 
 
 
No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: 
 
A) township 
B) section 
C) scarcity 
D) nonhomogeneity 
nonhomogeneity 
 
 
 
The five essential elements that make a contract valid are: comp...
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PSI REAL ESTATE SALESPERSON EXAM 1| ACTUAL EXAM ANSWERED 100% CORRECTLY| LATEST 2024
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PSI REAL ESTATE SALESPERSON EXAM 1| ACTUAL EXAM ANSWERED 100% CORRECTLY| LATEST 2024 
Which of the following would NOT be considered Real Property? 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air 
2. A Leasehold Estate 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement 
2. on which the easement is placed 
Which of the following statements concernin...
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MIE 305 Final Exam Study Guide with Complete Solutions
- Exam (elaborations) • 17 pages • 2024
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MIE 305 Final Exam Study Guide with 
 
Complete Solutions 
 
Possession Bundle of Right that is the right to claim title over the property, one exerts 
dominion and ultimate power over it 
 
Control Bundle of Right that is the right to decide how the property is to be used, or 
employed 
 
Enjoyment Bundle of Right that is the means by which the rights-holder can decide how to 
use the property. Others can violate this through the law of nuisance. 
 
Exclusion Bundle of Right that gives the righ...
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Louisiana Real Estate Practice Exams (National) Questions and Answers Already Passed
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Louisiana Real Estate Practice Exams 
(National) Questions and Answers 
 
Already Passed 
 
Real property can be converted to personal property by: severance 
 
Legal descriptions using the government survey system are NOT generally used in: the 
original 13 states 
 
Although states make specific laws governing water rights and the rights in land that borders 
water, most states generally follow one of two basic doctrines regarding water rights. In many 
states, the common law doctrine of ripar...
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Tennessee National Portion Real Estate Exam Questions and Answers Already Passed
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Tennessee National Portion Real Estate 
Exam Questions and Answers Already 
 
Passed 
 
A corporation is a legal entity that can buy and sell real estate as set out in its charter. 
 
Ownership in severalty is property owned by one individual or corporation. 
 
A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells 
that interest to a new owner. The result is a tenancy in common between the new owner and 
the remaining joint tenants 
 
The owner of a con...
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