Compucram simulated exam Study guides, Class notes & Summaries

Compucram Simulated Exam Questions with 100% Correct Answers | Latest Update 2024 | Verified

When selling an individual condominium unit which of the following would be appurtenant to the unit? - Cabinets in the unit Bob and Jerry take title together. Bob owns one half and Jerry owns one half of the same property. What form of co-ownership does the law presume? - Tenancy in common Owner's title insurance will cover: - Damages if the title is unmarketable When a city buys real estate they would take title as: - Sole and separate Developer George purchased 5 acres of residential la...

Compucram Simulated Exam | Questions with 100% Correct Answers | Latest Update 2024 | Verified

When selling an individual condominium unit which of the following would be appurtenant to the unit? - Cabinets in the unit Bob and Jerry take title together. Bob owns one half and Jerry owns one half of the same property. What form of co-ownership does the law presume? - Tenancy in common Owner's title insurance will cover: - Damages if the title is unmarketable When a city buys real estate they would take title as: - Sole and separate Developer George purchased 5 acres of residential la...

employees or independent contractors. These are the two possible IRS categories. If the salesperson is hired under a contract, paid based on sales, and given an IRS 1099 at year end, the salesperson is an independent contractor. If the salesperson is paid a salary, required to put in a set number of hours in the office, have taxes taken out of their paycheck, and receives an IRS form W-2 at year end, then the salesperson is an employee. correct answers Real estate salespeople, who are employe...

When selling an individual condominium unit which of the following would be appurtenant to the unit? Answer Cabinets in the unit Bob and Jerry take title together. Bob owns one half and Jerry owns one half of the same property. What form of co-ownership does the law presume? Answer Tenancy in common Owner's title insurance will cover: Answer Damages if the title is unmarketable When a city buys real estate they would take title as: Answer Sole and separate Developer George purchased...

Compucram Simulated Exam question rated A+ already passedWhen selling an individual condominium unit which of the following would be appurtenant to the unit? - correct answer Cabinets in the unit Bob and Jerry take title together. Bob owns one half and Jerry owns one half of the same property. What form of co-ownership does the law presume? - correct answer Tenancy in common Owner's title insurance will cover: - correct answer Damages if the title is unmarketable When a city buys real ...

When selling an individual condominium unit which of the following would be appurtenant to the unit? - Cabinets in the unit Bob and Jerry take title together. Bob owns one half and Jerry owns one half of the same property. What form of co-ownership does the law presume? - Tenancy in common Owner's title insurance will cover: - Damages if the title is unmarketable When a city buys real estate they would take title as: - Sole and separate Developer George purchased 5 acres of residential la...