Leasehold covenants Study guides, Revision notes & Summaries

Pearson Vue Practice Exam Questions and Answers Latest Updated 2024/2025 | Rated A+. a lot measuring 110 feet wide by 140 feet deep has a required setback of 30 feet in front, 20 feet in the rear, and 20 feet on each side. if a builder wants to put a one-story building on the lot, the MAXIMUM square footage it can contain is a. 3,300 sq ft b. 3,600 sq ft c. 6,300 sq ft d. 6,600 sq ft c. 6,300 sq ft a house with a market value of $80,000 is located where property is assessed at 70% of mark...

Pearson Vue Practice Exam Questions and Answers Latest Updated 2024/2025 | Graded A+. In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement a lot ...

Legal Aspects of Real Estate CA (2023/2024) Rated A+ Under (blank), legal disputes were settled on a case-by-case basis before a judge. english common law Under (blank), legal disputes were settled by pre-established statutes Spanish civil law The Federal and state governments are divided into these three branches Executive, legislative, judicial (blank) is the power of the state or local government to protect the public wellbeing police power (blank) is the power of the state or local gover...

Mckissock Basic Appraisal Principles Exam Questions and Answers Latest Update 2024/2025 Graded A+. grant deed - ANSWER deed containing, or having implied by law, some but not all of the usual covenants of title Appraiser - ANSWER One who is expected to perform valuation services competently and in a manner that is independent, impartial, and objective. report - ANSWER any communication, written or oral, of an appraisal or appraisal review that is transmitted to the client or a party authori...

A buyer has the right to buy a property at an agreed-upon price within the next six months. This is a(n) an option A leasehold estate that does NOT require notice to terminate is called a(n) an estate for years The broker and the seller both know that the foundation of the seller's house is unsafe. If they do not inform the buyer of this condition, then the contract is voidable A contract that has been fully performed is Executed The broker and the seller are awa...

Mississippi Real Estate Exam Practice Questions And Answers Updated . Metes and Bounds - Answer - describes property by landmarks, monuments, distances and angles. From point of beginning (POB) and returns to POB Rectangular Survey System - Answer - uses longitude and latitude lines to identify ranges, tiers, and townships. Also called government survey system. Meridian - Answer - North-south lines 6miles apart Parallels - Answer - East-west lines 6 miles apart Ranges - Answer - North-sout...

In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement a lot measuring 110 feet wide by 140 feet deep has a required setback of 30 feet in front, 2...

pearson vue practice exam, Multiple Choice Questions And Correct Answers 100% Correct. In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of agency to state ONLY those terms that are a. included in the listing agreement b. based on the brokers evaluation of prevailing prices and terms c. favorable for the seller, as determined by the broker d. attractive to buyers, as determined by the broker a. included in the listing agreement ...

Which of the following is NOT a RECA educational resource for industry professionals? - Answer- Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act - Answer- Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time - Answer- Consumer Price Index (CPI) Which of the following will occur to the supply of a good when there is a change in quantity...

Texas Bar Exam Essays -- Oil and Gas 2023/2024 Master 2 Step: - ANSWER-(1) Figure out what you have: identify the INTEREST (mineral, surface, royalty, shared) (2) How to profit from: LEASES & PRODUCTION (essential clauses, division orders, implied covenants) What is the rule of capture - ANSWER-Landowner is entitled to all the oil & gas he may bring to the surface even if he causes migration or drainage from another's land Limits: Limited by correlative rts of adjacent owners - owes le...