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Texas Salesperson Real Estate Exam (National) Latest 2023 Graded A Real Property Land and Improvements and the Right to Use Them Fixture Personal property that has been attached. "Installed" or "Annexation" Trade Fixtures Required to run a business. They may be removed from the property prior to the termination of the lease. (Doctors, Dentists, Chef, Barber) Non-homogeneity Land: No two pieces are exactly alike. Immobility Land: Cannot be moved Indestructibility Land: "Durability" - i...

CA Real Estate Salesperson Exam Questions With 100% Correct Answers Land - ANSWER- The physical property and any natural objects on it - like trees and bodies of water, often referred to as a "lot', "site", or "parcel". Real estate - ANSWER- generally refers to land with permanent manmade improvements. Real property - ANSWER- refers not only to the land and its improvements, but also the bundle of rights, powers, and privileges ("bundle of rights") that are legally connected t...

Alaska Real Estate License- CH 1 Questions and Answers 100% Pass Bundle of Rights Rights of: - possession - control - enjoyment - exclusion -disposition -encumbrance Common Law Definition of Property Rights Modern View of Property the "thing" 1. Land 2. A Permanent part of the land 3. incidental to the land, and 4. immovable by law subsurface rights Ownership rights in a parcel of real estate to the water, minerals, gas, oil, and so forth that lie beneath the surface of the property. Air R...

Texas Real Estate Exam – National with Complete Solutions Improvement - CORRECT ANSWER Man's additions to the land Bill of Sale - CORRECT ANSWER Means by which ownership of personal property is transferred Fixture - CORRECT ANSWER Personal property that has been attached in such a way as to make it real property Severance - CORRECT ANSWER A piece of real property is uninstalled, making it personal property Trade Fixtures - CORRECT ANSWER Fixtures installed by a tenant in order to...

TEST BANK FOR BUSINESS DRIVEN INFORMATION SYSTEMS 5TH EDITION BY BALTZAN () Analytics is the science of fact-based decision making. True False 3. At the operational level, employees are continuously evaluating company operations to hone the firm’s abilities to identify, adapt to, and leverage change. True False 4. At the operational level, employees develop, control, and maintain core business activities required to run the day-to-day operations. True False 5. Operational decisions ar...

Law on Obligations and Contracts Questions & Answers 2023/2024 update  True or false and multiple choices questions TRUE OR FALSE 1. In alternative and facultative obligations, once the choice is communicated to the other party the obligation becomes a simple obligation. TRUE 2. In resolutory conditions, if fulfillment of the condition depends exclusively upon the will of the debtor – Condition and Obligation are VALID. TRUE 3. In facultative obligation, the loss of the thi...

Promulgated contracts practice exam 2023 Already Passed!! Which of these forms is least likely to be involved in the sale of unimproved property? The Unimproved Property Contract would not be involved in the sale of a condo. A buyer and seller have been in negotiations. They have everything in writing, have agreed to all terms, the contract is signed and changes initialed. Today, the written acceptance of the final agreement has been communicated to the other party. What is today called? t...

Suite hotels usually feature A) guestrooms with separate bedrooms and living room or parlor area. Resort hotels distinguish themselves from most other types of hotels by providing A) a more leisurely atmosphere The executive committee of the national trade association must hold an emergency half-day meeting within the next ten business days. The committee is composed of busy executives from across the country who lead large business organizations. The association would likely boo...

TEST BANK FOR BUSINESS DRIVEN INFORMATION SYSTEMS 5TH EDITION BY BALTZAN | VERIFIED. One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow’s success while competing to win in today’s business environment. True False 2. Analytics is the science of fact-based decision making. True False 3. At the operational level, employees are continuously evaluating company operations to hone the firm’s abilities to identify, adapt ...

Law on Obligations and Contracts Questions & Answers 2023/2024 update  True or false and multiple choices questions TRUE OR FALSE 1. In alternative and facultative obligations, once the choice is communicated to the other party the obligation becomes a simple obligation. TRUE 2. In resolutory conditions, if fulfillment of the condition depends exclusively upon the will of the debtor – Condition and Obligation are VALID. TRUE 3. In facultative obligation, the loss of the thi...