Brownfields Study guides, Class notes & Summaries

Which transfer defines hostile occupation of a real estate? - ANSWER-Adverse Possession What is the value criterion of a commodity that refers to its lack of presence in the market? Demand Utility Scarcity Transferability - ANSWER-Scarcity Where should a property manager keep security deposits? Trust account His or her business account Office safe Checking account - ANSWER-Trust account Which land use control regulations materials and safety? Building codes Zoning Deed ...

Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. - correct answer Coal Notice Three conditions that must be met for a mobile home to be considered real estate - correct answer 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is permanently attached to a foundati...

AECN 357 Unit 4 Exam Questions and Answers 100% Pass T/F. Dick Tracey owns land that is part of a superfund site. Contamination from Tracey's property constitutes 20% of the total site cleanup. Tracey is only liable for his 20% of the total cleanup costs. - Answer- false, joint & several liability T/F. Sludge Inc. has improperly disposed of hazardous wastes on its land in violation of state and federal hazmat waste disposal regulations but those violations have not been detected. sludge ...

AECN 357 Unit 4 Exam Questions and Answers 100% Pass T/F. Dick Tracey owns land that is part of a superfund site. Contamination from Tracey's property constitutes 20% of the total site cleanup. Tracey is only liable for his 20% of the total cleanup costs. - Answer- false, joint & several liability T/F. Sludge Inc. has improperly disposed of hazardous wastes on its land in violation of state and federal hazmat waste disposal regulations but those violations have not been detected. sludge ...

KY Real Estate Exam (2023/2024) Already Graded A Accretion Increase of land by deposit of sand or soil washed up naturally from a river, lake or sea ADA Tenant Tenant with disability. Must accommodate for tenants/residents with disabilities. Priority is to get party to the door. Can make changes, must be giving parking if available, do not have to ask to make changes Broker's License License to act as intermediary on behalf of others for a commission. Bringing together of parties interested i...

KY Real Estate Exam Revised Study Set 100% Correct Accretion *Ans* Increase of land by deposit of sand or soil washed up naturally from a river, lake or sea ADA Tenant *Ans* Tenant with disability. Must accommodate for tenants/residents with disabilities. Priority is to get party to the door. Can make changes, must be giving parking if available, do not have to ask to make changes Broker's License *Ans* License to act as intermediary on behalf of others for a commission. Bringing t...

T/F. Dick Tracey owns land that is part of a superfund site. Contamination from Tracey's property constitutes 20% of the total site cleanup. Tracey is only liable for his 20% of the total cleanup costs. correct answers false, joint & several liability T/F. Sludge Inc. has improperly disposed of hazardous wastes on its land in violation of state and federal hazmat waste disposal regulations but those violations have not been detected. sludge goes out of business in 1990 and sells the land to ...

Basic Appraisal Procedures Exam Questions With 100% Correct Answers 8 Steps in the Valuation Process - answer1) Define the problem 2) Determine scope of work 3) Gather, record and verify the data 4) Determine the highest and best use 5) Estimate the land value 6) Estimate value by each of the 3 approaches (if applicable) 7) Reconcile the estimated values into the final opinion of value 8) Report the final opinion of value Defining the Problem: 6 Sub-steps within - answer-Identification...

T/F. Dick Tracey owns land that is part of a superfund site. Contamination from Tracey's property constitutes 20% of the total site cleanup. Tracey is only liable for his 20% of the total cleanup costs. - Answer-false, joint & several liability T/F. Sludge Inc. has improperly disposed of hazardous wastes on its land in violation of state and federal hazmat waste disposal regulations but those violations have not been detected. sludge goes out of business in 1990 and sells the land to clean...

ASREB EXAM 2023 (Arizona school of Real Estate, Teachers: Randy H. workshop and other collaborators) Passed!! Wetlands = Police Power Confidentiality = Loyalty and last forever Brownfields = Land with hazardous substance Friable = Asbestos Compensatory Damages Actual damage Type 2 water rights can be.... Sold with the land Sub division 6 or more lots less than 36 acres Nominee To remain anonymous in a contract Future Lien possibly.... Mechanics Lien Written words in a contra...