Metes and bounds Study guides, Class notes & Summaries

Fixture CORRECT ANSWER An object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements CORRECT ANSWER Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians CORRECT ANSWER Imaginary north-south lines which intersect base lines to form a starting point fo...

NYREI practice exam questions 1. For the income approach to appraisal, value is a reference to what?: the worth of the investment 2. Which method of property description is most frequently used in New York State?: Metes and bounds 3. One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned wit

Escrow Question and answers already passed 2023/2024Principle meridian - correct answer The north-south lines separating townships 5 ways to acquire property - correct answer Occupancy Accession Transfer Will Succession Escrow agent - correct answer any person engaged in the business of receiving escrows for deposit or delivery Metes and bounds - correct answer A method of land description which involves identifying distances and directions a

121 Principles of Real Estate Final Exam Review he listing is always taken in the name of the _________ and becomes the property of the ___________. A. Broker—salesperson B. Salesperson—seller C. Broker—broker D. Broker—seller - ANS C. Broker- broker A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of: A. A mortgage B. Personal property C. A deed of trust D. A house and 2 acres of land - ANS B. Personal property ...

Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Mississippi Real Estate Exam Correct Questions & Answers (SCORED A)Real versus personal property - ANSWER real property: Real estate and the bundle of rights Personal property: all property that is not land or permanently attached to land, excepting trade fixtures and emblements. Physical ch...

Real Estate Exam Prep (Champions; Texas) Latest Update Graded A+ appurtenance term used to describe rights, privileges or improvements that belong to and pass with the land improvements man's additions to the land such as building and landscaping personal property also called chattel or personalty; a right or interest in smiting of a temporary or movable nature and includes anything not classed as real property. Real property becomes personal property through severance. bill of ...

LSIT Exam Questions & Answers 2024/2025 (i) mathematics, (ii) legal principles, (iii) types of surveys and (iv) survey computations - ANSWERSKnow these forsure Survey Process and Methods - ANSWERS-Instrumentation (e.g., GNSS/GPS, levels, total stations, robotic total stations, scanners, UAS) -GNSS/GPS surveys (e.g., static, kinematic, OPUS, real-time networks) -Control surveys (e.g., horizontal, vertical, network design, accuracy standards) -Cadastral (e.g., Public Land Survey S...

1. The listing is always taken in the name of the _________ and becomes the property of the ___________. A. Broker—salesperson B. Salesperson—seller C. Broker—broker D. Broker—seller - ANSWER C. Broker- broker A deed is used to transfer ownership of real estate. A bill of sale would be used to transfer ownership of: A. A mortgage B. Personal property C. A deed of trust D. A house and 2 acres of land - ANSWER B. Personal property The life tenant in a life estate is not a...

California Real Estate Exam Questions With 100% Verified Answers Latest Updated 2023/2024. Jones vs. Mayer Supreme Court Decision (1968) (Ans- Racial discrimination not allowed (whether selling or buying) in all PRIVATE property transactions (based on Civil Rights Act of 1968) Easton vs Strassburgar (Ans- Seller disclosures to third parties AND agent visual inspection of all accessible for 1-4 single family homes If license applicant is delinquent on child support, what type of license wil...

Utah Real Estate Class Arti Latest 2024 Chapter 1 Affixed Typically in reference to mineral, water, or surface rights, resources that go with the property are affixed. Annexation The process of personal property becoming real property. With reference to subsurface rights, annexation is adding water or mineral rights to the property. Legal tests include method of annexation, adaptability, relationship of the parties. Appurtenance Something that comes with real property. Water or a...