Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 3 out of 24 pages
Exam (elaborations)

California Principles Midterm Exam Questions & Answers 100% Correct(RATED A+)

Document preview thumbnail
Preview 3 out of 24 pages

Which of the following sources would be the least satisfactory for obtaining a legal description of a parcel of real property? A. Deeds B. Preliminary title reports C. Escrow instructions D. Real property tax bills - ANSWER1 . D Explanation: A real property tax bill usually identifies the property by the tax assessor's parcel number. While the bill may also include a legal description of the property, that's often an abbreviated description instead of the complete legal description. 2. The land description method that makes reference to sections, townships, and ranges is the: A. government survey method B. recorded map method C. metes and bounds method D. Torrens system - ANSWER2. A Explanation: The government survey method of land description identifies property by specifying its location in a particular section, township, and range. 3. A ranch is 36 miles square. What is the number of townships contained in the ranch? A. 1 B. 6 C. 36 D. 1,296 - ANSWER3. C Explanation: A township is six miles on each side. Therefore, the ranch (which is 36 miles long on each side) is 6 townships wide and 6 townships high. Multiply 6 times 6 to find that the ranch contains 36 townships. Note: Miles square and square miles mean different things. 36 miles square means a square that is 36 by 36 miles. A square property that was only 36 square miles would be 6 miles square. 4. Which of the following is not considered to be appurtenant to land? A. Watercourses B. Fences C. Dwellings D. Trade fixtures - ANSWER4. D Explanation: Trade fixtures (items installed by a tenant for use in a trade or business) are not appurtenant to land. The tenant is presumed to have installed them with the inte


Document information

Uploaded on
August 29, 2023
Number of pages
24
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers
$11.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
STUVIASCORES
3.5
(13)
Sold
28
Followers
19
Items
1824
Last sold
3 months ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions

Whoops! We can’t load your doc right now. Try again or contact support.