Physical land and appurtenances attached to the land is the definition of: A) real
property B) personal property C) fixture D) real estate
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real estate
,North 33°10'12" East would read as...
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This would be read as "North 33 Degrees, 10 Minutes, 12 Seconds East"
True or False? When a property is leased, two separate estates are created.
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True
A lot contains .85 acres.
It sells for $72,000. How much did it sell for per SF (square foot)?
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$1.94
As it refers to an individual's ability to contract, the word "competent" means
the individual possesses the knowledge and experience under USPAP
the ability to read
another individual is available to witness a signature
the ability to understand the transaction or document
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the ability to understand the transaction or document
A rectangular lot measures 182.4 feet by 378.1 feet. How many acres is that?
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1.58
Fee simple estate is defined as
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"Absolute ownership unencumbered by any other interest or estate, subject
only to the limitations imposed by the governmental powers of taxation,
eminent domain, police power, and escheat."
Fee simple is the fullest and most complete type of estate; even though it is
still subject to the common public limitations. It consists of the full bundle of
rights. None have been exercised or given away.
A fee simple estate is:
Inheritable
Transferable
Perpetual
, A seller enters into an agreement to sell his property, but later changes his mind and
decides not to complete the sale. The buyer sues the seller and a judge orders the seller
to complete the sale. This is an example of
rescission
novation
mutual assent
specific performance
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specific performance
Public limitations on private property rights include all of the following EXCEPT A)CC&Rs
B)taxation C)eminent domain D)escheat
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CC&Rs
The seller of a property is called the
grantor
grantee
legatee
landlord
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property B) personal property C) fixture D) real estate
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real estate
,North 33°10'12" East would read as...
Give this one a try later!
This would be read as "North 33 Degrees, 10 Minutes, 12 Seconds East"
True or False? When a property is leased, two separate estates are created.
Give this one a try later!
True
A lot contains .85 acres.
It sells for $72,000. How much did it sell for per SF (square foot)?
Give this one a try later!
$1.94
As it refers to an individual's ability to contract, the word "competent" means
the individual possesses the knowledge and experience under USPAP
the ability to read
another individual is available to witness a signature
the ability to understand the transaction or document
,Give this one a try later!
the ability to understand the transaction or document
A rectangular lot measures 182.4 feet by 378.1 feet. How many acres is that?
Give this one a try later!
1.58
Fee simple estate is defined as
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"Absolute ownership unencumbered by any other interest or estate, subject
only to the limitations imposed by the governmental powers of taxation,
eminent domain, police power, and escheat."
Fee simple is the fullest and most complete type of estate; even though it is
still subject to the common public limitations. It consists of the full bundle of
rights. None have been exercised or given away.
A fee simple estate is:
Inheritable
Transferable
Perpetual
, A seller enters into an agreement to sell his property, but later changes his mind and
decides not to complete the sale. The buyer sues the seller and a judge orders the seller
to complete the sale. This is an example of
rescission
novation
mutual assent
specific performance
Give this one a try later!
specific performance
Public limitations on private property rights include all of the following EXCEPT A)CC&Rs
B)taxation C)eminent domain D)escheat
Give this one a try later!
CC&Rs
The seller of a property is called the
grantor
grantee
legatee
landlord
Give this one a try later!
