Final Exam Study Set (Oklahoma Real Estate)
The Real Estate Market is not described as - answer-Moveable Market The provisions of the Oklahoma Real Estate License Code originate in the state legislature. The agency created in 1950 to administer and enforce the Code is the - answer-Oklahoma Real Estate Commission The provisions requiring a person to be licensed as a real estate broker or sales associate shall apply to any person who _____ for compensation. - answer-solicits prospective purchasers of real property or leases, offers to lease, rents or offers to rent real estate The term REALTOR refers to - answer-only brokers and associates who are members of the National Association of REALTORS. The definition of real property includes all of the following, EXCEPT A)Land and improvements B) Mineral Rights C) Buildings attached to the land D) Trade Fixtures - answer-Trade Fixtures Under our land system, we have certain rights which are called "bundle of rights." List them: - answer-Right of Disposition Right of Enjoyment Right of use Right of Possession Riparian Rights - answer-An owner's rights in land that borders on or includes a stream, river, or lake. These rights include access to and use of the water. Personal Property - answer-Property that is of a temporary or moveable nature
Información del documento
- Subido en
- 10 de marzo de 2024
- Número de páginas
- 11
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
