Wisconsin Real Estate Sales Questions & Answers RATED A+

WB-11 - ANSWER Residential Offer to purchase WB-13 - ANSWER Vacant Land Offer to purchase WB-46 - ANSWER Multiple Counter Proposal Wb-44 - ANSWER Counter offer WB-41 - ANSWER Notice relating to offer to purchase WB-40 - ANSWER Amendment to offer to purchase Wb-14 - ANSWER Residential Condominium offer to purchase Dick and Tracy buy a house, and as such, they have to right to live in he house. This would best represent which of the following rights? - ANSWER Right of Posssesion Rugs in a house are an example of - ANSWER Personal Property The three requirements for a mobile home to be considered real property include - ANSWER connected to utilities, set on a foundation and is set on land owned by the mobile home owner To determine if personal property has become a fixture, a court would consider - ANSWER the intent of the parties, how the item has been adapted to the real estate and how the item is addressed in the offer If a bathroom is remodeled in a home, this would be and example of - ANSWER Improvement If a county takes part of your land to build a road, this is an example of - ANSWER Eminent Domain Dick's mother wants to five the family home and surround land to the township to be used as a park. If at any time the land ceases to be used as a park, it will go to Dick and/ or his heirs. - ANSWER A fee simple defeasible estate Tracy wants to open a beauty shop; as part of her lease, she has to pay the property taxes, the building insurance, and maintenance costs. What type of lease is this? - ANSWER Triple net Lease Dick and tracy are buying a home together. When Dick dies, he wants his share of the house to go to his brother and sister, and Tracy wants her share to go to her mother. What types of of tenancy is this? - ANSWER Tenancy in co