Real estate ownership Study guides, Class notes & Summaries
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![PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED](/docpics/4673818/65e789d167ff1_4673818_121_171.jpeg)
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PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED
- Exam (elaborations) • 145 pages • 2024
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Well-structured PVL2602 Assignment 1 (ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!). .... 
 
 
 
 
QUIZ 
 
 
 
 
Question 1 
Complete 
Mark 1.00 out of 1.00 
 
Wanda was a successful businesswoman who owned a house and several other assets. She was married to Steven, who iscurrently unemployed. They had two daughters, Bea and Carla. Wanda was diagnosed with cancer and shortly thereafter sheapproached ABC Trust and Wills to draw up a will for he...
![Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%](/docpics/3562339/651e89f3591fd_3562339_121_171.jpeg)
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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
- Exam (elaborations) • 161 pages • 2023
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Lat...
![PVL3701 EXAM PACK 2023](/docpics/63e511fbb35c4_2354103.jpg)
![PVL3701 EXAM PACK 2023](/docpics/books/1001004009804307.jpg)
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PVL3701 EXAM PACK 2023
- Exam (elaborations) • 72 pages • 2023
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MCQ 
1. Indicate the correct option. 
Which one of the following things can be regarded as a res nullius? 
(1) a domesticated tiger living in his owner‟s house 
(2) an impala roaming in the bushes 
(3) a Persian cat lying on the neighbor‟s patio 
(4) a springbok kept on a private game farm for hunting purposes 
ANSWER: 
Option 2 is correct. A res nullius is a thing which does not belong to anyone. All creatures that are 
wild by nature either in their natural state or when they have...
![PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass](/docpics/3206620/64d13d5ab6404_3206620_121_171.jpeg)
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PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass
- Exam (elaborations) • 24 pages • 2023
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PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass 
Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice 
Three conditions that must be met for a mobile home to be considered real estate 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...
![Aceable Agent: Real Estate Principles exam 2023 with 100% correct answers](/docpics/3551057/651c402c7ef61_3551057_121_171.jpeg)
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Aceable Agent: Real Estate Principles exam 2023 with 100% correct answers
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The Real Estate Law is found in 
A. The Licensing Code 
B. The Business and Professions Code 
C. The Health and Safety Code 
D. The Corporations Code - correct answer -B. Business and Professions Code 
 
The Real Estate Commissioner reports to 
a. the California Bureau of Real Estate. 
b. the governor. 
c. the Department of Housing and Urban Development. 
d. the legislature. - correct answer -B. the governor 
 
A salesperson owns 25% of the outstanding shares of Rollo Reality Inc and the bro...
![M100 Community Association Management Exam Questions with correct Answers](/docpics/2907301/648b9742dc25f_2907301_121_171.jpeg)
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M100 Community Association Management Exam Questions with correct Answers
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Each of the following are key characteristics of community associations EXCEPT: 
a. Mandatory lien-based economic charges or assessments are levied on each owner in order to operate and maintain the community association. 
b. Membership in the community association is mandatory and automatic for all owners. 
c. A requirement of community association ownership is serving on the board of directors. 
d. Certain documents bind all owners to be governed by the community association. - Answer- c. A r...
![WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS](/docpics/4256599/65a826d5dc3f2_4256599_121_171.jpeg)
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WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS
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WRA EXAM QUESTIONS WITH CERTIFIED SOLUTIONS 
The WB-11 Residential Offer to Purchase describes which of the following as the way an earnest money payment should be handled as a result of a sale involving cooperating firms? The selling licensee should have all earnest money checks paid directly to the listing firm... Explanation: The Earnest Money section of the offer states: "Unless otherwise agreed, earnest money shall be paid to and held in the trust account of the listing broker." 
An appra...
![Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions.](/docpics/4503065/65cced9ba7f01_4503065_121_171.jpeg)
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Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions.
- Exam (elaborations) • 27 pages • 2024
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Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions. 
Surface rights consist of only the right to control, occupy, and use the surface area of a 
parcel of real estate. T/F? - False 
Mineral rights are: 
A. Always considered to be personal property 
B. Always pass with the land 
C. Cannot be sold separately from the land 
D. Pass with the land, unless otherwise specified in the deed - D 
Which of the following is NOT an improvement of land? 
A. Building 
B. ...
![RECA Fundamentals Study Guide 2024 Questions And Answers Graded A+](/docpics/4472265/65c81640401ed_4472265_121_171.jpeg)
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RECA Fundamentals Study Guide 2024 Questions And Answers Graded A+
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duty-based ethics Individual is expected to do the right thing cause it's the right thing to do, regardless of outcome 
 
utalitarian ethics Sells the optimal result for the greatest number of people 
 
Advisory note Punishment for a technical breach 
 
Administrative penalty/ fine One or two potentially serious infraction would cause this punishment 
 
Ratification- acting without authority or in excess of authority 
Implication- advice outside of objective These two ways of creating ...
![REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.](/docpics/4211555/65a1b5fd75218_4211555_121_171.jpeg)
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REAL ESTATE U FINAL EXAM QUESTIONS AND VERIFIED ANSWERS 2024 GRADED A.
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REAL ESTATE U FINAL EXAM 
QUESTIONS AND VERIFIED 
ANSWERS 2024 GRADED A. 
2 / 8 
1. Article 12-A of the NYS Real Property Law: The section of the NewYork RealProperty Law 
pertaining to real estate salespersons and brokers. 
- Primary purpose is to "Protect the Public" 
- Requires a salesperson to be at least 18 years of age 
- Requires a broker to be at least 20 years of age 
2. Sponsor: A licensed real estate broker that holds the license of a salesperson. 
3. "Summary ofYour Submission": ...
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