Estates and interests over land Study guides, Class notes & Summaries
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Hocklys Insolvency Law 9th Edition.pdf
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Hocklys Insolvency Law 9th E 
Page v 
Preface 
This ninth edition of Hockly’s Insolvency Law follows the expanded format of the previous 
three editions, and its basic purpose remains the same: to provide a concise, yet fairly 
detailed, account of the law of insolvency, winding-up, and business rescue proceedings 
(which have replaced judicial management). The book aims at a wide readership. For the 
subject specialist, it offers an update of recent developments in the law relating to 
insolv...
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Real Estate Salesperson California State Exam 2023 with complete solutions
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Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease 
 
What is not an adequate method of transferring property? - ANSWER-Executive Sale 
 
What is considered personal property? - ANSWER-Existing Mortgage 
 
If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...
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MIE 305 Exam 3 Study Questions and Answers Top Graded 2024
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Real Property - The legal interests in land and things attached to, or growing on land. 
 
Personal Property - Referred to generally as chattel, the rights, powers, and privileges a person has in things that are not real property, may be transferred by sale, gift, or will. 
 
Chattels Real - An interest in land, such as a leasehold. 
 
Chattels Personal - Moveable personal property. 
 
Chattel Personal in Action - Something to which one has a right to possession, but concerning which one which m...
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MIE 305 EXAM 3 WITH 100% CORRECT ANSWERS ALREADY GRADED A+
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CHAPTER 10 
 
 
Bundle of Rights 
sticks metaphor 
 
owner = entire bundle of sticks 
 
renter = only a few sticks 
 
possession, use, control, exclusion, transfer 
 
 
 
Brainpower 
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Property Rights 
the legal rights that a person has over a piece of real property 
 
 
Real Property 
The legal interests in land and things attached to or growing on land 
 
ex: part of the earth’s surface, buildings, fences, and trees 
 
used to describe the legal rights that a person can have in real...
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REAL PROPERTY - MASTER + MICHIGAN LAW EXAM QUESTIONS AND ANSWERS
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PROPERTY 
Ownership 
Ownership of real property may be transferred by sale, gift, upon death by devise (will) or intestate succession. 
- Present Possessory (Freehold) Estate: an estate must be immobile and for an indeterminate duration; the owner has the right to currently possess the property 
- Future Interests: an interest in presently existing property or in a gift or trust; the use, possession, or enjoyment may start sometime in the future 
- Concurrent Estate: ownership or possession of r...
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PVL1501 SUMMARY NOTES INTRODUCTION TO THE LAW OF PERSONS.
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PVL1501 
SUMMARY NOTES 
INTRODUCTION 
TO THE LAW OF 
PERSONS. INTRODUCTION TO THE LAW OF PERSONS 
Sub-sec of private law 
Private law = persons “first law” – sphere of law that governs relationships with humans 
= concepts & institutions – basic to all other branches of the law 
Legal subject: 
Centre of legal world – bearer of rights, duties and capacities – persons in the eye of the 
law (persona iurus) 
The Law of Persons determines: 
1. Which entities are legal subjects 
2. When ...
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Nevada Real Estate Exam Prep Solved 100%
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Land - Answer Surface, all natural things attached to it, subsurface, and air above the surface. 
 
Real Estate - Answer land plus manmade permanent attatchments 
 
Real property - Answer Real estate plus "bundle of legal rights" 
 
Bundle of Rights - Answer PUTEE (possess, use, transfer, exclude, encumber) 
 
Physical characteristics of real estate - Answer immobility, indestructibility, heterogeneity 
 
Immobility - Answer Land cannot be moved from one site to another, its location is foreve...
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Rockwell Real Estate Questions and Answers Already Passed
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Rockwell Real Estate Questions and Answers Already Passed 3 methods of legal description Metes and Bounds - Local. Describes the property location in the location itself 
Government Survey method - Used to identify the location of the property in reference to the united states survey map. Meridian and Baselines, Range and township lines 
The lot and black method is the standard method for describing downs and cities. - Map showing lots and blocks in the subdivision is called a plat or a plat map...
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CT Real Estate Exam General: Property Ownership Rated A+
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CT Real Estate Exam General: Property Ownership Rated A+ Survey location and dimension of property 
Real Property The house and land 
Personal Property everything but the house and land 
Improvement Addition to the property or land 
Vertical Land description Defining the Air rights 
Fixture once-moveable items attached to real property 
Trade fixture a fixture that is not attached to real property. Used in Commercial settings. EX: freezer at restaurent. 
Annexation Personal Property becoming Rea...
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MIE 305 Exam Questions And Answers 100% Verified
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MIE 305 Exam Questions And Answers 
100% Verified 
Real Property - answerThe legal interests in land and things attached to, or growing on land. 
Personal Property - answerReferred to generally as chattel, the rights, powers, and 
privileges a person has in things that are not real property, may be transferred by sale, gift, or 
will. 
Chattels Real - answerAn interest in land, such as a leasehold. 
Chattels Personal - answerMoveable personal property. 
Chattel Personal in Action - answerSomethi...
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