Alaska Real Estate TEST BANK EXAM PREP
QUESTIONS AND A NEW UPDATED STUDY GUIDE
WITH COMPLETE ACTUAL QUESTIONS AND CORRECT
VERIFIED ANSWERS (LATEST UPDATED VERSIONS)
|GUARANTEED PASS. (FULL REVISED EXAM Civil Law
Cooperative
Residential multi unit building whose title is held by a trust or
corporation that is owned by and operated for the benefit of
persons living with in the building who are the beneficial owner
of the trust or stockholder of the
corporation each holding a property lease
Accession
Acquiring title to a fixture when it is left behind by a tenant at the
termination of their lease term
Air rights
The right to use open space above real property generally allowing
that surface to be used for another purpose
, Modern estates (SIPA)- what are the characteristics of real property
that effect its nature and use?
Scarcity
Improvements
Performance of
investment Area
preference
Severance
A method of changing an item of real property to personal
property such as by chopping down a tree or removing a fence
from the land
Subsurface rights
Real estate ownership rights to the water, minerals, gas, oil and
so forth, that my beneath the surface of the property
,Chattel
An item of personal property
Land
The earths surface, downward to the center of the earth and upward
and indefinitely into space, including things permanently attached
by nature
Personal property
Items that do not fit into the definition of real property movable
objects chattels
Real estate
The earth surface extending downward to the center of the earth and
upward into space, including all things permanently attached to it,
whether by nature or by people
Real property
The interest, benefits and right inherent in the ownership of real estate
, Surface rights
Ownership rights in a partial of real estate that are limited to that
surface of the property and do not include the air about it or the
minerals below it
Townships are Sub divided into?
36 sections of one square mile( 640 acres(43,560 square feet per acre)
Section 16 of township
School section
QUESTIONS AND A NEW UPDATED STUDY GUIDE
WITH COMPLETE ACTUAL QUESTIONS AND CORRECT
VERIFIED ANSWERS (LATEST UPDATED VERSIONS)
|GUARANTEED PASS. (FULL REVISED EXAM Civil Law
Cooperative
Residential multi unit building whose title is held by a trust or
corporation that is owned by and operated for the benefit of
persons living with in the building who are the beneficial owner
of the trust or stockholder of the
corporation each holding a property lease
Accession
Acquiring title to a fixture when it is left behind by a tenant at the
termination of their lease term
Air rights
The right to use open space above real property generally allowing
that surface to be used for another purpose
, Modern estates (SIPA)- what are the characteristics of real property
that effect its nature and use?
Scarcity
Improvements
Performance of
investment Area
preference
Severance
A method of changing an item of real property to personal
property such as by chopping down a tree or removing a fence
from the land
Subsurface rights
Real estate ownership rights to the water, minerals, gas, oil and
so forth, that my beneath the surface of the property
,Chattel
An item of personal property
Land
The earths surface, downward to the center of the earth and upward
and indefinitely into space, including things permanently attached
by nature
Personal property
Items that do not fit into the definition of real property movable
objects chattels
Real estate
The earth surface extending downward to the center of the earth and
upward into space, including all things permanently attached to it,
whether by nature or by people
Real property
The interest, benefits and right inherent in the ownership of real estate
, Surface rights
Ownership rights in a partial of real estate that are limited to that
surface of the property and do not include the air about it or the
minerals below it
Townships are Sub divided into?
36 sections of one square mile( 640 acres(43,560 square feet per acre)
Section 16 of township
School section
