Land ownership Study guides, Class notes & Summaries

Law - correct answer made up of rules laid down by state and backed by enforcement -written social force -mean nothing w/o enforcement Rule of Law - correct answer -laws are made generally and apply to everyone equally -necessary for strong and diverse economies -transparency in business Property - correct answer ownership-allows you to exclude others without your permission Common Property - correct answer resources like land that multiple people own Contract Law - corr...

MCQ 1. Indicate the correct option. Which one of the following things can be regarded as a res nullius? (1) a domesticated tiger living in his owner‟s house (2) an impala roaming in the bushes (3) a Persian cat lying on the neighbor‟s patio (4) a springbok kept on a private game farm for hunting purposes ANSWER: Option 2 is correct. A res nullius is a thing which does not belong to anyone. All creatures that are wild by nature either in their natural state or when they have...

TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS WITH ANSWERS - CHAMPIONS SCHOOL OF REAL ESTATE.VERIFIED 1. a: Townhomes and single-family homes differ in that ______a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the land because of (d) townhomes are retro-commissioned and share 2. a: Rights that are associated with the ownership of real property are often referred to as the owner's: (a) Bundle of rights (...

Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions. Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? - False Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed - D Which of the following is NOT an improvement of land? A. Building B. ...

Georgia Real Estate Exam Study Guide with Complete SolutionsGeorgia Real Estate Exam Study Guide with Complete Solutions Accession - ANSWER-The acquisition of title by the owner of real property to those things attached to the property by others, such as tenants, trespassers, or by nature. Acre - ANSWER-A measure of land area equal to 43560 square feet. 43560 - ANSWER-The number of squarefeet in one acre. Active License - ANSWER-Status of an individual who has met all qualifications to...

Which law applies to Designated Areas (Freehold vs Leasehold for non GCC) Regulation No. 3 of 2006 Which law applies to Regulation of Real Estate Brokers Law No. 85/2006 Which law applies to Land Registration & Ownership (Role of DLD) Law No. 7/2006 Which law applies to Establishment of RERA Law No. 16/2007 Which law applies to Escrow Accounts Law No. 8/2007 Which law applies to Tenancy Law Law No. 26/2007 Law No. 33/2008 (amendment) Which ...

Barney Fletcher Real Estate Exam correctly answered 2023 False - correct answer Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? D - correct answer Mineral rights are: A. Always considered to be personal property B. Always pass with the land C. Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed C - correct answer Which of the following is NOT an improvement of land?...

What are the classes of Property? - Personal Property and Real Property What is personal property? - Generally movable and unattached items. What is a trade fixture? - Personal property used for a person's business. (even if it attached to the real estate) What is Fructus Industriales? - Crops also known as chattle. What general categories does personal property fall under? - Intellectual, reputation, leases, partnership interests. Real Property - Everything within a specified bl...

Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. Townhomes and single-family homes differ in that ______a common wall. (a) townhomes share (b) single-family homes are sold as distinct living units within (c) owners of townhomes do not own the land because of (d) townhomes are retro-commissioned and share 2. a: Rights that are associated with the ownership of real property are often referred to as the owner's: (a) Bundle...