Which type of deed Study guides, Class notes & Summaries
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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...
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Real Estate Principles Final Exam| Questions and Answers, 100% Correc
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Real Estate Principles Final Exam| Questions and Answers, 100% Correct 
Anything that is fastened or attached to real property permanently is considered to 
be: 
Real Property 
A quit claim deed releases all present claims, rights and title of the: 
Grantor 
When a creditor wants to satisfy a judgement which was levied against another 
person, the creditor would: 
Obtain a writ of execution 
Before a mechanics lien is effective it must be: 
Verified and recorded 
Discrimination by a real estat...
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Real Estate Principles Final Exam: Questions & Answers: Updated A+ Score Solution.
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Anything that is fastened or attached to real property permanently is considered to be: 
(Ans- Real Property 
 
A quitclaim deed releases all present claims, rights and title of the: 
 (Ans- Grantor 
 
When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: 
 (Ans- Obtain a writ of execution 
 
Before a mechanics lien is effective it must be: 
(Ans- Verified and recorded 
 
Discrimination by a real estate licensee based on race is: 
 (Ans- A vi...
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Texas Principles of Real Estate II Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update
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Texas Principles of Real Estate II Final Exam| Questions and Verified Answers| Grade A| 2023/ 2024 Update 
 
Q: a lease for one year or less 
 
 
Answer: 
the only contract that does not have to be in writing to be enforceable 
 
 
 
Q: Attorney in Fact 
 
 
Answer: 
a person holding a power of attorney 
 
 
 
Q: substitution of a contract with another contract ie. counteroffer 
 
 
Answer: 
Novation 
 
 
 
Q: when one party fails to perform the duties of the contract-they can be asked by judge ...
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Champions Real Estate Finance Exam Questions and Answers 2023
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_____ is the consummation of a contractual real estate transaction in which all appropriate documents are signed, and the mortgage loan proceeds are disbursed by the lender. - Answer- Closing 
 
The primary determinants of real estate values are supply and _____. - Answer- Demand 
 
_____ is something of value that can be pledged as security for repayment of a loan. - Answer- Collateral 
 
Servicing includes which of the following activities? - Answer- Maintaining records of payment 
 
The monet...
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M-100 Community Association Management 2023/ 2024 Exam| Questions and Verified Answers with Rationales| Grade A+
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M-100 Community Association Management 2023/ 2024 Exam| Questions and Verified Answers with Rationales| Grade A+ 
 
Q: 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 ...
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Tennessee National Portion REAL ESTATE EXAM Latest 2024 Graded A+
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Tennessee National Portion REAL ESTATE 
EXAM Latest 2024 Graded A+ 
A corporation is - Answer ️️ -a legal entity that can buy and sell real estate as set out in its 
charter. 
Ownership in severalty is - Answer ️️ -property owned by one individual or corporation. 
A house is owned by three joint tenants, and one of the owners, as permitted by state law, sells 
that interest to a new owner. The result is a - Answer ️️ -tenancy in common between the new 
owner and the remaining joint t...
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified
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California Real Estate Exam: Questions & Answers Latest Update 2023/2024 100% Verified. Reed vs. King Case 
(Ans- Must disclose death (and manner of death) on a property if occurs 
within 3 years, except AIDS 
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...
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PVL3701 ASSIGNMENT 1 MEMO - SEMESTER 1 - 2023 - UNISA - (DETAILED SOLUTIONS WITH FOOTNOTES- DISTINCTION GUARANTEED)
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In 2004 the Khumalos sold their farm to Peter and Jenny, a couple who are married in community of property. There are two homesteads on the farm. A right of habitatio was reserved over the smaller homestead on the farm in favour of the Khumalos for as long as they lived. This right was duly registered against the title deed of the farm of Peter and Jenny. Peter and Jenny moved into the bigger homestead but made life unbearable for the Khumalos. As a result of Peter and Jenny’s ill-mannered beh...
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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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