An estate that is limited to the lifetime of the owner is called a life estate The first central bank in the United States was the Bank of the United States The first central bank was the Bank of England Minimum capitalization and reserves for any bank that applied for a National Bank Ch...
Inherent traits of real estate such as immobility, indestructibility, and uniqueness that distinguish it from personal property. Liquidity The ease of selling real estate for cash, which is typically low as land ownership persists until a decision to sell. ...
Real Estate "U" Undivided Interest 點擊卡片即可翻轉 👆 The interest of co-owners in which individual interest is indistinguishable. (Everyone owns part of the whole property.) 點擊卡片即可翻轉 👆 建立者 katherine_ferguson45 學生們也學習了...
Time-shares may be sold for compensation by licensees holding any real estate license. The tenancy that allows for unequal percentages of ownership interest and has an inheritance right is tenancy in common. What is the default tenancy stated in a sales contract? Tenancy in common关于...
· For public ownership, use, and enjoyment by state, a political subdivision of state, public at large, or entity granted power of eminent domain· For elimination of urban disfigurement on particular parcel of property Taxation A charge on real estate to raise funds to meet the public needs...
The remedy for a breach of a real covenant is money damages. Real covenants run with the land, meaning that subsequent owners may enforce or be burdened by the covenant. Any successor in interest to the burdened estate will be bound by the covenant as if she agreed to it, if: (1) ...
Example: the receipt of $100 per year for the next five years constitutes a $100 five year annuity. Anticipation, Principle of In real estate appraisal, the principle that the value of a property today is the present value of the sum of anticipated future benefits. The anticipation principle...
Real estate vocab set #4 老師10個詞語 cathytsao預覽 這個學習集的練習題 學習 1 / 7 用學習模式學習 A has a possessory estate in life estate and B has a vested remainder in fee simple absolute. 選擇正確的詞語 1 5-42 What is the state of the title?O to A for life, then to O. 2...
地块。The real estate developer purchased severalparcelsof land for a new housing development.“房地产开发商购买了几块土地,用于新的住宅开发项目。” virgin Timber 原始林木、树林 unextracted 未经开采、提纯的。Unextracted minerals“未开采的矿物” ...
Leasehold Estate An interest in real property that gives a tenant a qualified right to possess and/or use the property for a limited time under a lease. Renting Real Estate being a Landlord Easement A limited right or enjoyment to make use of a property owned by another. ...