Bundle of rights Study guides, Class notes & Summaries
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Legal Aspects of Real Estate Final Exam 2023/2024 With Complete Solutions
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Legal Aspects of Real Estate Final Exam 2023/2024 With Complete Solutions 
Because the United States started as an English colony, our legal system is a mix 
of 
common law and civil law 
Which of the following is not one of the four main sources of law? 
Contract law 
Based on the two broad categories of law, which one covers typical cases 
involving contracts and property ownership? 
Civil law 
The California _________ is the highest court level and all courts in California are 
bound by it...
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+
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Colibri Real Estate Practice Final Exam 2024 Questions with 100% Verified Correct Answers Rated A+ 
Why is the condition of bearing walls more important than non bearing walls? - Correct Answer Bearing walls support the ceiling and the roof. 
 
Owner Tom decided to lease out his basement to a college student. By leasing the basement, Tom has - Correct Answer transferred a portion of his bundle of rights 
 
What is a forecast of income and expenses that can be projected over five years? - Correc...
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VA Real Estate Moseley Test Questions and Answers Already Passed
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VA Real Estate Moseley Test Questions 
 
and Answers Already Passed 
 
What are the classes of Property? Personal Property and Real Property 
 
What is personal property? Generally movable and unattached items. 
 
What is a trade fixture? Personal property used for a person's business. (even if it attached to 
the real estate) 
 
What is Fructus Industriales? Crops also known as chattle. 
 
What general categories does personal property fall under? Intellectual, reputation, leases, 
partnership...
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TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS WITH ANSWERS - CHAMPIONS SCHOOL OF REAL ESTATE.VERIFIED
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TEXAS PRINCIPLES 1 EXAM PRACTICE QUESTIONS WITH ANSWERS - CHAMPIONS SCHOOL OF REAL ESTATE.VERIFIED 
1. a: Townhomes and single-family homes differ in that ______a common wall. 
(a) townhomes share 
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not 
own the land because of (d) townhomes are retro-commissioned and share 
2. a: Rights that are associated with the ownership of real property are often referred to as the 
owner's: 
(a) Bundle of rights 
(...
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RECA Fundamentals Exam Questions and Answers Already Passed
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RECA Fundamentals Exam Questions and Answers Already Passed 
Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) 
Which entity has the authority to amend the Real Estate Act Provincial Legislature 
Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) 
Which of the following will occur to the supply of a good when ther...
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Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate
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Texas Principles of Real Estate 1 Exam Practice Questions and Answers Verified 2023 - Champions School of Real Estate. Townhomes and single-family homes differ in that ______a common wall. 
(a) townhomes share 
(b) single-family homes are sold as distinct living units within (c) owners of townhomes do not 
own the land because of (d) townhomes are retro-commissioned and share 
2. a: Rights that are associated with the ownership of real property are often referred to as the 
owner's: 
(a) Bundle...
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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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VA Real Estate Moseley Test Questions and Answers 2024
- Exam (elaborations) • 12 pages • 2024
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What are the classes of Property? - Personal Property and Real Property 
 
What is personal property? - Generally movable and unattached items. 
 
What is a trade fixture? - Personal property used for a person's business. (even if it attached to the real estate) 
 
What is Fructus Industriales? - Crops also known as chattle. 
 
What general categories does personal property fall under? - Intellectual, reputation, leases, partnership interests. 
 
Real Property - Everything within a specified bl...
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Gold Coast Real Estate Exam with Verified Answers
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Tract building - Answer- When a dev. Acquired land, records a plat map and uses a model center from which sales may be made 
 
Local level - Answer- Planning, zoning, property taxation, building and health codes and regulations, and building moratoriums that affect development play a significant role in the cost and desirability of real estate 
 
Broker associate - Answer- A licensed broker working for another broker 
 
False - Answer- A florida real estate license applicant must be a resident a...
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Certified Pennsylvania Evaluator Exam (CPE) Questions And Answers 2023
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Certified Pennsylvania Evaluator Exam 
(CPE) Questions And Answers 2023 
Assessor - Correct Answer-Any person responsible for the valuation of real property for 
ad valorum taxation purposes 
Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, 
Valuing 
Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in 
Exchange 
An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all 
taxing authorities 
In order for an asses...
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