Colibri real estate

Colibri Real Estate Express Chapter 8 Exam| Latest Updated Questions With 100%Correct 100% Answers Which of the following is NOT a characteristic of land? A. It is permanent. B. It is destructible C. It is unique. D. It is immobile Correct Answer B. It is destructible Which of the following is included in the bundle of rights inherent in ownership? A. To inherit B. To tax C. To transfer D. To vote Correct Answer C. To transfer Which of the following is a descriptive, non-legal term for a group of two or more people who combine their financial resources to achieve certain investment objectives? A. Joint venture B. Corporation C. Partnership D. Syndicate Correct Answer D. Syndicate If an owner wants an antique chandelier to remain personal property, what must he or she do? A. Have the intention of removing it when he or she sells the home B. Never install it permanently C. List it as a personal item when the property sells D. Any of the above Correct Answer D. Any of the above Subsurface rights extend A. to the center of the earth. B. to the water table. C. two feet below the surface. D.six inches below the surface. Correct Answer A. to the center of the earth. The right to encumber property means the right to A. subdivide the property. B. drill/mine for minerals. C. build a structure on the property. D. mortgage the property as collateral for debt. Correct Answer D. mortgage the property as collateral for debt.