Fee simple Study guides, Class notes & Summaries
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Mississippi Real Estate Exam| 195 Questions With Complete Answers
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Mississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete AnswersMississippi Real Estate Exam| 195 Questions With Complete Answers 
 
Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership 
 
Fee Simple Estate - ANSWER also called indefeasible fee estate 
 
Freehold estates - ANSWER All fee estates are 
 
Qualified fee esta...
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BAR EXAM QUESTIONS AND ANSWERS
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Fee Simple Absolute 
The maximum possible estate one can possess in real property, denoting the aggregate of all possible rights that a person may have in that parcel of land 
Language to convey fee simple absolute: Common law v. Modern law 
Common law: "to A and his heirs" 
 
Modern law: "to A" 
Defeasible Estate 
Estate that may terminate before its maximum duration has run. 
Types of Defeasible Estates 
(1) Fee Simple Determinable 
(2) Fee Simple Subject to Condition Subsequent 
(3) Fee S...
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Rockwell Real Estate Exam Questions and Answers 100% Accurate
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Rockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% AccurateRockwell Real Estate Exam Questions and Answers 100% Accurate 
Freehold Estate - ANSWER-Is an interest in real property that has an indeterminable (not fixed or certain) referred to as a owner 
 
Fee Simple Estate - ANSWER-Is the greatest estate that can e...
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PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
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Well-structured PVL3702 Assignment 2 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... Question 1 Answer saved Marked out of 1.00 Flag question Question text Gary points a loaded gun at Pete, and orders him to sign a written contract. Gary explains that the document is for the sale of Pete’s car to him (Gary), at a price of R50 000 which is far below the market value of the car. Pete, fearing for his life, signs the document. Which cause of ...
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Contemporary Canadian Business Law 12Ed. By John A Willes, John H Willes -Complete, Elaborated and Latest - Test Bank & Solutions Manual
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Contemporary Canadian Business Law 12Ed. By John A Willes, John H Willes -Complete, Elaborated and Latest - Test Bank & Solutions Manual MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A sophisticated client A) does not require the services of a lawyer. B) is someone with formal legal training. C) distrusts and derides lawyers. D) understands the importance of the solicitor-client relationship. E) should represent themselves, rather than...
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ROCKWELL REAL ESTATE CLASSES WA FINAL EXAM 1 2024
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A buyer purchases a rental home that is fully furnished. The document used to transfer title to the furniture is: 
a. quitclaim deed 
b. bill of sale 
c. special warranty deed 
d. general warranty deed - ANSWER ☑☑b. bill of sale 
 
Deeds transfer title to real estate, a bill of sale is generally needed to transfer title to personal property. 
 
Ben receives a life estate in a property, with his nephew Will designated as the remainderman. When Ben dies, what kind of interest does Will recei...
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WV Real Estate Exam Questions and Answers Already Passed
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WV Real Estate Exam Questions and 
 
Answers Already Passed 
 
What are the types of fee simple estates? Fee Simple Absolute 
Fee Simple Defeasable 
 
Fee Simple Absolute The best type of ownership you can get. 
 
Fee Simple Defeasible Subject to occurrences or non occurrences of specified time. 
 
Two types of fee simple defeasible? Fee simple determinable 
2 Condition subsequent 
 
Fee Simple Defeasible Will include: so long as, while, during and includes the term reverter. 
 
Reverter Former ...
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Segregated Funds & Annuities Mock Exam Latest Update Graded A+
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Segregated Funds & Annuities Mock Exam Latest Update Graded A+ Group Registered Retirement Savings Plan (GRRSP) GRRSPs offer investors a limited variety of investment choices, but they have lower fees compared with individual RRSPs. 
Cancellation of Segregated Fund Contract An investor may cancel or rescind the segregated fund contract in writing within the specific time limitation set by the insurer providing the contract. Two days is the usual length of time permitted. The investor receives th...
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RELE 1211 – Law of Contracts Final Exam A+ 2023
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RELE 1211 – Law of Contracts Final Exam A+ 2023. Which of the following is FALSE regarding community property? 
a. It consists of real and personal property acquired by either spouse during the 
marriage. 
b. Its conveyance requires the signature of both spouses. 
c. The spouses can will their half of the property to whomever they desire. 
d. It can be mortgaged or conveyed by one spouse without the consent of the other. 
5. Fee simple ownership, shared walls, and a fractional interest in comm...
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Mississippi Real Estate Exam| 195 Questions With Complete Answers!!
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Fee Simple Estate - ANSWER An estate only limited by government; no other restrictions of ownership 
 
Fee Simple Estate - ANSWER also called indefeasible fee estate 
 
Freehold estates - ANSWER All fee estates are 
 
Qualified fee estate - ANSWER A fee estate that is subject to limitations other than gov't 
 
Qualified Fee estate - ANSWER also called fee simple estate 
 
Fee Simple Determinable - ANSWER Fee estate which will terminate if a condition stated in the deed comes into being or is te...
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