MD Real Estate Exam with Correct Answers
Practice questions for this set
Learn 1/7 Study with Learn
A description of the land that specifies the boundaries and location of a piece
of real property; deeds & other legal documents to adequately describe &
define a property to correctly determine ownership boundaries.
Choose an answer
1 Characteristics of Real Estate 2 Littoral Rights
3 Legal Descriptions for Real Estate 4 Personal Property
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Terms in this set (148)
, 2 Main Categories of Easement Appurtenant & Easement in Gross
Easements
2 Main Types of Easement by Necessity & Easement by Prescription
Easements
2 Main Types of Liens & Easements
Encumbrance
2 Types of Property Personal Property & Real Property
Abuse of a property by a person who holds
Act of Waste
possession through a life estate
Ownership rights to use the open space above
Air Rights
buildings up to a height established by law.
Base Line The east-west line runs through the initial point.
Permanent identification numbers that serve as
Benchmarks in a Survey references to mark datum elevation points; often
brass markers.
Block in "Lot and Block The name of the subdivision under which the map is
System" refers to recorded.
Bounds in "Metes & The physical features that define the boundaries of
Bounds" refers to the land.
Bundle of Rights for Real Possession, Control, Exclusion, Enjoyment, &
Property Disposition.
Business Types That Own Sole Proprietorship, Partnership, LLCs/LLPs,
Real Estate Corporations, & Syndicates and Joint Ventures
Characteristics of Real Economic & Physical
Estate
Common Interest Townhomes, CO-OPS, Condos, Time-shares
Property Types
Practice questions for this set
Learn 1/7 Study with Learn
A description of the land that specifies the boundaries and location of a piece
of real property; deeds & other legal documents to adequately describe &
define a property to correctly determine ownership boundaries.
Choose an answer
1 Characteristics of Real Estate 2 Littoral Rights
3 Legal Descriptions for Real Estate 4 Personal Property
Don't know?
Terms in this set (148)
, 2 Main Categories of Easement Appurtenant & Easement in Gross
Easements
2 Main Types of Easement by Necessity & Easement by Prescription
Easements
2 Main Types of Liens & Easements
Encumbrance
2 Types of Property Personal Property & Real Property
Abuse of a property by a person who holds
Act of Waste
possession through a life estate
Ownership rights to use the open space above
Air Rights
buildings up to a height established by law.
Base Line The east-west line runs through the initial point.
Permanent identification numbers that serve as
Benchmarks in a Survey references to mark datum elevation points; often
brass markers.
Block in "Lot and Block The name of the subdivision under which the map is
System" refers to recorded.
Bounds in "Metes & The physical features that define the boundaries of
Bounds" refers to the land.
Bundle of Rights for Real Possession, Control, Exclusion, Enjoyment, &
Property Disposition.
Business Types That Own Sole Proprietorship, Partnership, LLCs/LLPs,
Real Estate Corporations, & Syndicates and Joint Ventures
Characteristics of Real Economic & Physical
Estate
Common Interest Townhomes, CO-OPS, Condos, Time-shares
Property Types
