Land law easement Study guides, Class notes & Summaries

Which of the following is a lien on real estate? a. recorded easement b. recorded mortgage c. encroachment d. dead restriction - b. recorded mortgage Which approach to value would MOST likely be useful to real estate brokers estimating the value of a single-family residence for sale in a subdivision? a. cost approach b. income approach c. market comparison approach d. gross rent multiplier - c. market comparison approach A license is an example of? a. easement b. encumbranc...

CE Shop National Exam 2024 Latest Guide with complete solutions;actual questions and answers solved 100% Title XI of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 states that its purpose, in part, is to require that real estate appraisals used in connection with federally related transactions be performed ______. By licensed real estate professionals By members of the Appraisal Foundation In the most expeditious and inexpensive way possible In writing, a...

Pearson Vue Real Estate Exam Study Guide Based on Outline Fixture An item of personal property that has been converted to real property by being permanently affixed to the realty. Trade Fixture An article installed by a tenant under the terms of a lease that is removable by the tenant before the lease expires. Emblement Growing crops, such as corn, that are produced annually through labor and industry; also called 'fructus industriales' Attachment The act of taking a person's proper...

The right to use the land of another but not to possess it is called - correct answer Non-Possessory Rights An easement that involves two parcels of land is called an - correct answer Appurtenant Easement. The land that benefits from an appurtenant easement is the - correct answer Dominant Estate or Tenement. The land that provides the rights of the appurtenant easement to the dominant estate is the: - correct answer Servient Estate or Tenement. An easement that benefits a person or ...

BLAW 3310 - Exam 3 Review Test Bank, Complete solution guide: Latest Guide-1. Every year, creditors have to absorb in unpaid debt: a. about $100 million b. about $5 billion c. over $20 billion d. less than $5 million e. about $20 million ANSWER: c (page 331) National: AACSB Analytic; AICPA BB-Legal 2. Every year, creditors have to absorb in unpaid debt: a. about $10 million b. about $1 billion c. about $20 million d. about $50 million e. none of the other choices are correct AN...

"A document or a clause in a document in which the borrower accepts responsibility for the repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - Answer-mortgage note "The earth's surface, both land and water, and anything that is attached to it whether by the course of nature or human hands" is the definition of: A) land B) site C) water D) real property - Answer-A The public restriction on property rights that allows the government to place a lien on a p...

CT Quiz - Real Estate Questions and Answers 100% Pass In Connecticut a dower and curtsey are seen as: not recongized If a husband dies in Connecticut, his wife is entitled to what: an election to take a life estate equal to one-third of the property owned by the husband at the time of his death A homeowner may exempt what amount from debt owed a foreclosing mortgagee: nothing The burden of proof in acquiring an easement by prescription lies with whom: party claiming the easement In Connectic...

Commercial Casualty II – CISR Questions and Answers 100% Pass In BAP what does liability section provide protection from claims for? Bodily Injury and Property Damage for which insured is legally responsible for. In BAP physical damage section what type of protection? provides coverage for damage to or loss of an insured's covered auto. What other BAP coverages can be added by endorsement? Medical payments personal injury protection uninsured/underinsured motorist bodily injury...

Nebraska Real Estate SAMPLE Test Questions with 100% Correct Answers The earth's surface extending downward to the center of the earth and upward into space, including all things permanently attached, is known as: A) Real Property B) Real Estate C) Land D) A bundle of legal rights - Answer- D) A bundle of legal rights Moveable objects, which are not considered real estate, are known as: A) Real property B) Personal property C) Fixtures D) Emblements - Answer- B) Personal Property T...

Legal Aspects of Real Estate (Final Exam) Questions and Answers Already Passed 1. When do growing crops become personal property? A. Upon constructive severance B. When the landowner sells the entire property to another C. When they are planted D. At the end of the tenancy A 2. A case involving questions of both federal and state law may be brought in: A. state court only B. federal court only C. state or federal court D. a special court that is reserved for cases with mixed federal and ...