Pearson Vue Exam Questions with 100% Correct Answers
Pearson Vue Exam Questions with 100% Correct Answers Real property interests include... - Correct Answer️️ -an appurtenance that goes with the land. Examples: buildings, fences, trees, water rights, the ground below, mineral rights, air rights, easements What is a form of ownership that is restricted to husbands and wives? - Correct Answer️️ -Tenancy by the entirety. Each owns the entire parcel. Neither can separately convey and interest during the other's life time. On the death of a spouse, the survivor owns the property Divorce would change this ownership to a tenancy in common What would result from a condition in a deed? a. fee simple b. defeasible fee c. chattels real. d. nonfreehold estate - Correct Answer️️ -B. Defeasible Fee Fee simple determinable is a defeasible estate that could be lost lost upon the happening of a specified condition.PDF DOCUMENT If a deed specifies that a grant shall be only "for as long as"; or while a property is in a particular use, the length of the estate is really determined by the deed J installed central air-conditioning in his home. the compressor unit, which was located outside the home, would be regarded as what? - Correct Answer️️ -Real property an investor's personal assets could be subject to a creditor's claim in a... - Correct Answer️️ -General Partnership An active partner and has unlimited personal liability for the debts of the partnership. One general partner can personally obligate the other general partne
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