Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)
Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A)Nevada Real Estate Exam Prep (National Property Ownership) Questions & Answers (RATED A) 1. Real estate is BEST defined as: a. land and the air above it b. land, the air above it and everything above and below the ground c. land, the buildings on it and anything permanently attached to the land and/or buildings and all appurtenances d. land an all rights in the land - ANSWER-1. C Real estate is defined as: land plus improvements, buildings and other permanent attachments and appurtenances 2. Physical characteristics of real estate include: a. indestructibility b. scarcity c. improvements d. situs - ANSWER-2. A Indestructibility is a physical characteristic. The other physical characteristics of real estate are immovable and non-homogeneity. Improvements, scarcity and situs are economic characteristics of real estate. 3. All of the following are separable ownerships in land EXCEPT: a. surface of the land
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