What is an easement - Study guides, Class notes & Summaries

Dubai RERA Broker Final Certification Exam Questions and Answers 2024 Of the following, which are NOT classified as real property? A. Fixtures B. Emblements C. Shrubs planted in the ground D. Air rights - CORRECT ANSWER-Emblements The use of the property could be changed without changing the zoning by using a: A. Restriction B. Variance C. Taking D. Buffer - CORRECT ANSWER-Variance The basic authority for zoning laws is derived from a state's: A. Powers of eminent domain B. Right...

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...

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

1 FLORIDA REAL ESTATE EXAM QUESTIONS & ANSWERS, GRADED A+/ Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - -$1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has b...

Florida Real Estate Final Exam (Latest 2023/ 2024 Update) Questions and Verified Answers| 100% Correct| Already Graded A Q: For all intents and purposes, subagents are agents of the _______. Answer: a. Buyer b. Seller c. The buyer's broker d. The listing broker b. Although a subagent may bring an unrepresented buyer to the transaction, the subagent is an agent of the seller. Q: Can a new licensee specialize in the sale of farm and ranch property? Answer: a. Not until...

NJ Real Estate Broker's ExamThe right of a utility company to enter someone's property for the purpose of repairing or maintaining the utility service is called (A.) an easement in gross (B.) an easement appurtenant (C.) eminent domain (D.) a prescriptive easement - correct answer (A.) An easement in gross Mark, Linda, Susanne and George own a property as joint tenants. Linda sells her interest to Phil. What is the relationship of the parties? (A.) Phil replaces Linda as a jo...

Mary is interested in a parcel of real estate owned by Kathy. Mary has a title report that shows the property is encumbered by several liens. The lien with the highest priority is the lien: a. of lowest amount b. of highest amount c. first recorded d. first in date - Answer-c. first recorded The physical characteristics of land include: a. indestructibility b. homogeneity c. improvements d. supply - Answer-a. indestructibility Which of the following restrictive covenants is MOST likel...

Objectives of Federal Reserve System - To counteract inflationary and deflationary trends, to create a favorable economic climate, to maintain sound credit conditions but NOT to control the secondary mortgage market Remainder Interest - A fee simple holder of a parcel of real estate grants a life estate to her daughter and stipulates that upon the daughters death, the property will pass to her grandson. The second estate is called A property buyer obtains a term loan to finance a home purc...

Florida Real Estate Exam Linda purchases property in Escambia County from Susan. Linda has $30,000.00 as a down payment and gets a mortgage in the amount of $150,000.00 and there is no other consideration for the transfer. How much will the doc stamp tax on the deed be? 1) $1,050.00 2) $1,260.00 3) $630.00 4) $525.00 - correct answer -$1,260.00 Tax calculation: $150,000 + $30,000 = $180,000/100 = 1800 (taxable $100 units) x $0.70 = $1260.00 tax due. Heather has been using a roadway...

API 1169 Exam Quizzes Completed with A+ Graded Answers Class Soil Rock Class 1 30 (762) 18 (457) Class 2, 3, 4 36 (914) 24 (610) Drainage ditches of public roads and railroad crossings 36 (914) 24 (610) Class Soil Rock Class 1 Class 2, 3, 4 Drainage ditches of public roads and railroad crossings RT Examination Which non-destructive testing method is specified in API 1104 30 Calc the top width of a bell hole exc that is 8 ft deep and 6 ft wide. Soil C. Phase III EPA...