NYREI Terms(question and answers)graded A+ 2023 already passed

NYREI Terms(question and answers)graded A+ 2023 already passedAccession - correct answer Gives property owners the right to everything produced by their land Accessory Apartment - correct answer an apartment within a single family dwelling Accord and Satisfaction - correct answer an agreement to accept something different (usually less) from what the original contract required Accretion - correct answer the gradual addition of land by the forces of nature actionable fraud - correct answer fraud meeting certain criteria so a victim can successfully sue. Act of Waste - correct answer When a possessor who holds less than fee ownership (i.e., tenant, vendee, and mortgagor) misuses or abuses the property. Actual annexation - correct answer Personal property physically attached to land. See: Fixture. Actual Cash Value (ACV) - correct answer The cost to replace a property item at the time of loss, less an allowance for depreciation. Often used to determine the amount of reimbursement for a loss (replacement cost minus depreciation). Actual Eviction - correct answer physically forcing someone off property, preventing someone from re-entering property. Ad Valorem Tax - correct answer tax based on the assessed value of property.