Freehold estate Study guides, Revision notes & Summaries

LAND LAW- EASEMENT (PROBLEM QUESTION AND ANSWER) LATEST 2023 WITH ANSWERS Farmer Leonard comes to see you for advice: 1. (i) Farmer Leonard has owned the freehold estate in a piece of land, Redacres, for many years. Tony has rented a small cottage on this land for the past two years. The cottage has an access road to the main highway but it is uneven and unlit and so Farmer Leonard has always allowed Tony to use the farm’s main driveway instead as it is in far better condition. Two mon...

lOMoAR cPSD| PLP SGS 10 RELATIONSHIP BETWEEN THE PARTIES: Privity of estate - Parties who share an immediate interest in the same land, e.g. landlord and tenant Privity of contract - The original parties to a contract - can sue for breach of contract, not withstanding their subsequent disposal of their interest. Privity of estate ceases to exist once one of the parties sharing an interest in the land disposes of their interest, so it cannot be relied upon to pursue a remedy. OLD LEASE: ...

Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. immobility - correct answer It's a physical characteristic of land that cannot be moved ...

Rockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% Accurate Freehold Estate - ANSWER-Is an interest in real property that has an indeterminable (not fixed or certain) referred to as a owner Fee Simple Estate - ANSWER-Is the greatest estate that can e...

Which law applies to Land Registration & Ownership (Role of DLD) - ANSWER Law No. 7/2006 Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) - ANSWER Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers - ANSWER Law No. 85/2006 Which law applies to Establishment of RERA - ANSWER Law No. 16/2007 Which law applies to Escrow Accounts - ANSWER Law No. 8/2007 Which law applies to Tenancy Law - ANSWER Law No. 26/2007 Law No....

Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease What is not an adequate method of transferring property? - ANSWER-Executive Sale What is considered personal property? - ANSWER-Existing Mortgage If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...

This document provides full notes in order to successfully take the exam for the Real Estate LPC. These are summarised notes for all units 1-15 of the module. Explaining all principles and set out exam structure to help in the exam. Professional conduct questions and answers. Short MCQ Questions. How to draft a TR1 and AP1. Checklists to follow as a structure for exam questions. Take this into the exam with you for all the information you could need to succeed!

National Real Estate Exam: Pearson Vue, Top exam questions & Answers, rated A+ Maria acquires a property from her uncle Alfonso. When Maria dies, the estate will pass to Alfonso's other niece Serena. The type of estate that Maria has in the property is: A. conventional life estate B. legal life estate C. fee simple defeasible estate D. tenancy by the entireties - -conventional life estate One difference between a cooperative estate and a condominium estate is that: A. a condo owner...

Rera Exam Latest Update with Verified Solutions Highest Burj Khalifa 829,8 (2722 ft) Business Bay number of buldings 240 (completed 2008) Palm Jumeirah 3 Palms 520 km by Nakheel Al Maktoum International Airport Projected anual capacity 160 Million passanger The World Island by Nakheel Dubai Land Department (DLD) The main objective of DLD is to organize and documents all real estate transaction for and behalf Dubai Goverment. established 24.01.1960 RERA Real Estate Regula...

Fee Simple Absolute The maximum possible estate one can possess in real property, denoting the aggregate of all possible rights that a person may have in that parcel of land Language to convey fee simple absolute: Common law v. Modern law Common law: "to A and his heirs" Modern law: "to A" Defeasible Estate Estate that may terminate before its maximum duration has run. Types of Defeasible Estates (1) Fee Simple Determinable (2) Fee Simple Subject to Condition Subsequent (3) Fee S...