Minnesota State Real Estate Test Review | Questions with 100% Correct Answers | Verified | Latest Update 2024

A homeowner is willing to let his neighbor park an RV in his backyard. He does NOT want to make the permission permanent in case he dislikes others who might move next door in the future. What should he give his neighbor? - A license. Legal descriptions using the government survey system are NOT generally used in - : the original 13 states. Real property can be converted to personal property by - Severance A landowner wishes to build a neighborhood grocery store on a busy street in an area zoned for residential use. Which of the following would MOST likely be used to obtain permission for this store? - Conditional use permit or zoning variance. Ordinances that specify construction standards are - Building Codes A couple owns an older home in a neighborhood that is becoming a commercial area. Because of the change in the use of the land, the couple can expect the value of their parcel to increase at some future time. This is an example of the principle of - anticipation If an older building cannot be air-conditioned, it is an example of - functional obsolesence According to the principle of progression, a three-bedroom, one-story home is MOST likely to bring the highest sales price if located in a neighborhood in which - most homes are larger than the sale home