actual notice - CORRECT ANSWER-own it Constructive notice - CORRECT ANSWER-record something in public records How Is Real Estate Recovery Funded ? - CORRECT ANSWER-by fees & fines Eminent Domain - CORRECT ANSWER-government has right to take away public us

actual notice - CORRECT ANSWER-own it Constructive notice - CORRECT ANSWER-record something in public records How Is Real Estate Recovery Funded ? - CORRECT ANSWER-by fees & fines Eminent Domain - CORRECT ANSWER-government has right to take away public use citizens can't refuse to sell) immune properties - CORRECT ANSWER-government owned lot & block - CORRECT ANSWER-residential sub-division surgery system Metes and Bounds - CORRECT ANSWER-oldest method of land description & provides the most accurate type of legal descriptions What does the Real estate recovery fund do ? - CORRECT ANSWER-reimburse members of the public what is a township... - CORRECT ANSWER-a township is 6 miles square contains 36 square miles Each township contains ____ acres - CORRECT ANSWER-640 acres How many square feet are in an acre? - CORRECT ANSWER-43,560 kickbacks are illegal unless.. - CORRECT ANSWER-someone has a licensed Offer and Acceptance - CORRECT ANSWER-Meeting of the minds or mutual agreement- all parties concerned understand and agree to all the terms of the contract Overimprovement - CORRECT ANSWER-An addition or change to property not in line with its highest and best use statue of frauds - CORRECT ANSWER-provides protection against fraud in the sale of real property. requires contract for the transfer of a right or interest in land statute of limitations (oral contracts) - CORRECT ANSWER-if contract is entirely ora