Executor Study guides, Revision notes & Summaries
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PVL2602 Assignment 1 (QUIZ ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED.
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Well-structured PVL2602 Assignment 1 (QUIZ ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..... Question 
1 
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QUIZ 
Face not found. Try changing your camera to a better lighting. Thanks. 
Tom’s valid will provides as follows: 
“I leave R 20 000 to my daughter, Fran. She must receive this benefi t before any other benefi t is paid out.” 
The bequest to Fran is called … 
Select one: 
a. 
a 
modus 
. 
b. 
...
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Texas Principles Of Real Estate II Final Exam: Questions & Answers: Latest Updated :Complete Version
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Texas Principles Of Real Estate II Final Exam: Questions 
& Answers: Latest Updated :Complete Version 
 
Written documents affecting a title to real estate are recorded: 
A. where the titleholder resides 
B. where the titleholder has legal residence 
C. at the county clerk's office where the property is located 
D. at any county clerk's office in Texas -answer- C. at the county clerk's office where the property is 
located 
A person appointed by a court to settle the estate of a deceased pe...
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PVL2602 Assignment 1 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED
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PVL2602 Assignment 1 (ANSWERS) Semester 2 2023 - DISTINCTION GUARANTEED Answers, guidelines, workings and references. ..............................Question 1 
Ayanda and Cele were married in community of property in 1999 and a son, Dan was born in 2001 from this marriage. Ayanda and Cele were divorced later in 2001. 
Ayanda then married Ben out of community of property in 2003. Three children were born from their marriage, namely Xandi, Yvette and Zoya. Xandi had a child, Mary. 
In 2004, Ayand...
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PVL2602 Semester 1 Notes
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Succession 
Succession: 
- This aspect of law deals with what happens to an estate (the assets you leave behind) after you pass 
away. 
- Estate = the assets, obligations, liabilities, debts, etc. that you leave behind. 
- Inheritance = what is left once all the debts and liabilities have been paid. 
- Succession determines who qualifies to inherit. 
There are 2 types of succession: 
- 1) Testate = dealing with wills. 
- 2) Intestate = dealing with no wills. 
Terminology: 
- Deceased = person w...
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LPL4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!)
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LPL4805 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) 
 
Question 1. 
1.1.1. Distinguish between an inter vivos trust and mortis causa trust 
(10) 
1.1.2. The founder of a trust, together with the trustee has just executed a deed of trust before you, a notary. Indicate the key requirement that the trustee must be in order qualify to act as such. 
(1) 
1.1.3. What must still be complied with in respect of the deed of trust and the trustee befor...
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Cannon CTFA Prep Questions with complete Answers 2023
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Cannon CTFA Prep Questions with complete Answers 2023 
Jean and John Simmons are married and own their own home as tenants by entirety. When John dies the home is valued at $350,000. How much will be counted in his gross taxable estate? 
 
A. None, as it passes directly to his spouse, Jean. 
B. $175,000 - or one-half of the value 
C. $225,000 - or the full amount minus the $125,000 one-time exclusion for capital gains on a person residence. 
D. $350,000 - the full amount is includable. 
B. $175,...
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Oregon Broker PSI Exam 2024 Questions and Answers 100% Accurate!
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How long must real estate documents be kept? - ANSWER-6 years, from the date the transaction was accepted, rejected, or withdrawn 
 
Who approves advertising? - ANSWER-Principal broker 
 
When should the principal broker review brokers documents? - ANSWER-7 days of the document's acceptance, rejection or withdrawal. The PB must sign and initial at the time of review 
 
How long must you keep attendance and continuing records? - ANSWER-3 years everything else regarding business for 6 years 
 
Wh...
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LPL4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!)
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LPL4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) 
 
 
Question 1. 
 
1.1 Draft the vesting clause where a couple who are married out of community of property is purchasing an immovable property together in equal undivided shares. Use your imagination for necessary information such as names. 
(4) 
 
1.2 Would your answer differ if you were describing the same couple as in question 1.1. in the preamble of the deed of transfer, i.e. as trans...
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Kentucky Real Estate Practice Final One |120 questions and answers.
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condominium 
Severalty ownership of air rights combined with an undivided interest in the common areas of real estate would MOST LIKELY describe a 
 
 
 
on probation 
A licensee could be active in the real estate business if his/her license is 
 
 
 
Agent Kenzie has terminated her relationship with her broker. The broker has returned her license to the BREP. Agent Kenzie has 
thirty days to place her license in escrow or find another broker 
 
 
 
Disciplinary actions that can be taken by the ...
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Cannon Financial Institute CFIRs Sample Questions And Answers Rated A+ New Update Assured Satisfaction
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"As an executor of an estate, a Bank Trust Department typically: 
a. Does not have a fiduciary duty. 
b. Is charged with the responsibility to marshal assets, pay debts, and make distributions per terms of 
the will. 
c. Can only serve if granted special permission by the regulatory authorities in addition to the bank's 
general fiduciary powers. 
d. Must have capital in excess of the normal capital required to exercise general trust powers. 
" - Answer-B 
"As an executor of an estate, a Ban...
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