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Exam (elaborations)

WA State Real Estate Brokers License Vocabulary Exam

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WA State Real Estate Brokers License Vocabulary Exam 1 Tract - Ans ️️ -24 miles x 24 miles = 576 square miles = 16 townships 1 Township - Ans ️️ -6 miles x 6 miles = 36 square miles = 36 sections 1 Section - Ans ️️ -1 mile x 1 mile = 1 sq mile = 640 acres 1 Acre - Ans ️️ -43,560 sq feet = 160 sq rods 1 Square Acre - Ans ️️ -208.71 ft x 208.71 ft 1 Mile - Ans ️️ -5280 feet (linear) = 320 rods = 80 chains 1 Chain - Ans ️️ -66 feet = 4 rods 1 Rod - Ans ️️ -16.5 feet Riparian Rights - Ans ️️ -The water rights of a land owner with respect to water that flows through or adjacent to the riparian landowner's property. WA State doesn't use this format of rights but instead uses "Appropriative Rights" in the Prior Appropriation System Littoral Property Rights - Ans ️️ -Rights for property located beside a lake or ocean (as opposed to river or stream). WA State doesn't use this format of rights but instead uses "Appropriative Rights" in the Prior Appropriation System Appropriative Rights - Ans ️️ -Does not depend on land ownership. Instead, appropriative rights are based on a permit system called the Prior Appropriation System Overlying Rights - Ans ️️ -Landowners have overlying rights in regard to the ground water in aquifers beneath their property. Rule of Capture - Ans ️️ -A land owner owns all of the oil and gas produced from wells on his property only once they are captured. Appurtenant Rights - Ans ️️ -The bundle of rights of owners of real property or land

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Washington Real Estate
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Institution
Washington Real Estate
Course
Washington Real Estate

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Uploaded on
December 22, 2023
Number of pages
28
Written in
2023/2024
Type
Exam (elaborations)
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