Eminent domain Study guides, Class notes & Summaries
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![NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED](/docpics/63ccfe2042cfa_2284808.jpg)
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NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED
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NATIONAL REAL ESTATE EXAM PRACTICE TEST ALREADY PASSED 
In most cases, broker compensation, as a percentage of home price, falls somewhere between: 5-7% 
A Christian organization owns a fourplex. It wants to rent to only Christian tenants. Under the federal Fair Housing Act, is this legal? Yes. Religious organizations which rent to tenants for residential purposes are exempt from the Fair Housing Act 
What happens to trade fixtures after a business moves out of a leased property? The tenant remo...
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Georgia Real Estate Exam - Metro Brokers Mid-term Prep | Questions with 100% Correct Answers | Verified | Latest Update 2024
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The government's right to make laws and regulations for the general welfare is known as: 
A. eminent domain 
B. police power 
C. escheat 
D. the bundle of rights - B. police power 
The City of Atlanta has condemned Nelson's land in order to extend its rapid transit services. This 
procedure is made possible because of the city's right of: 
A. entry 
B. escheat 
C. eminent domain 
D. police power - C. eminent domain 
A private landowner has the right to: 
A. reject a claim for taxes 
B. repudi...
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IAAO 101 – Quizzes; All solved correctly
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The basic responsibilities of the assessor are to _________ all taxable property. correct answers A. List 
B. Value 
C. Discover 
 
D. All of the Above 
 
One of the steps an assessor must take in the discovery of property is to: correct answers conduct periodic on-site inspections of properties 
 
The property tax is a/an _________________ tax, meaning it is based on value. correct answers ad valorem 
 
Assume the following characteristics for a single-family residence: 
 
Actual value=$175,000...
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Residential Market Analysis and Highest & Best Use Questions and Answers Already Passed
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Residential Market Analysis and Highest 
& Best Use Questions and Answers 
 
Already Passed 
 
The power of a given commodity to satisfy a need or want is called __________________. 
Utility 
 
The development of a vacant land area is _____________ the highest and best use of the land. 
Not Always 
 
The Consistent-Use Theory says the _______________ must all be valued considering the same 
highest and best use of the property Land and the Buildings 
 
________________ involves subdividing the l...
![Virginia national and state PSI real estate study flashcards with 100% correct answers](/docpics/4772224/65f819e1b89c8_4772224_121_171.jpeg)
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Virginia national and state PSI real estate study flashcards with 100% correct answers
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Government rights in land 
1 
2 
3 
4 correct answers1. Police Power 
2. Eminent Domain 
3. Property Taxes 
4. Escheat 
 
police power correct answersEnacts and Enforces laws governing land use - public control of land ( Eg. zoning, building codes, etc) 
 
eminant domain correct answersPower of a government to take private property for public use. 
 
Property Taxes correct answersAd valorem ( at assessed value) 
 
Escheat correct answersgovernments reversionary right. Abandoned property of intes...
![Virginia national and state PSI real estate study guide graded A+](/docpics/2810192/64713dbcec9bd_2810192_121_171.jpeg)
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Virginia national and state PSI real estate study guide graded A+
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Virginia national and state PSI real estate study guide graded A+ 
. Government rights in land 
1 
2 
3 4 1. Police Power 2. Eminent Domain 3. Property Taxes 4. Escheat 
police power Enacts and Enforces laws governing land use - public control of land ( Eg. zoning, building codes, etc) 
eminant domain Power of a government to take private property for public use. 
Property Taxes Ad valorem ( at assessed value) 
Escheat governments reversionary right. Abandoned property of intestate owners with n...
![Real Estate Express Final Exam 2023 with 100% correct answers](/docpics/3354530/64f25bde4e277_3354530_121_171.jpeg)
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Real Estate Express Final Exam 2023 with 100% correct answers
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Real estate that includes non-physical interests, such as easements and restrictions is known as __ - correct answerReal Property 
 
An item permanently attached to real property, such as an attached fence, is included in the definition of real property. 
 
Townships and sanctions - correct answerA rectangular survey is composed of Townships that are square tracts of land six miles on each side. A township then is divided into 36 Sections which are square tracts of land one mile on a side. One ...
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Superior School of Real Estate Exam Problem Areas| Questions and Answers, 100% Verified| Updated 2024
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Superior School of Real Estate Exam Problem Areas| Questions and Answers, 100% Verified| Updated 2024 
Tenements 
all of the rights and interests that go with the land 
hereditaments 
land and all of the tenements that can be inherited 
appurtenance 
a right interest of privilege that goes with the land (item in the bundle) 
accretion 
a gradual process in which the boundary of riparian land is extended by natural 
forces 
reliction 
the permanent receding of the water which leaves the ground u...
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Colorado Real Estate Exam Preparation:Colorado Real Estate Exam Study Guide
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Title Theory 
 (Ans- lender owns, borrower has equitable title 
 
Hypothecation 
 (Ans- pledging property as collateral for a loan without giving up possession 
 
Mortgagee 
(Ans- Lender 
 
Mortgagor 
(Ans- borrower 
 
Non Judicial foreclosure 
 (Ans- *CO: Public trustee has power to foreclose 
1.Lender complains 2. Notice given 3. trustee sells after 125 days 
 
Strict foreclosure 
 (Ans- No sale. 
Full legal title given to lender, loss of equity for borrower 
 
Judicial foreclosure 
 (Ans-...
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Criminal Justice NOCTI, Criminal Justice NOCTI
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Subpoena - Answer-a legal document ordering a person to testify in a court of law as a witness 
 
Actus Reus - Answer-The actual criminal act 
 
Mens Rea - Answer-legal phrase used to describe the mental state a person must have been in while committing a crime for it to be intentional 
 
Loops - Answer-the most common fingerprint 
 
Chain of Custody - Answer-a process used to maintain and document the chronological history of evidence 
 
Nolo Contedere - Answer-a plea of "no contest" that one...
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