National Interactive Study Group
|
|
- Adela Newman
- 5 years ago
- Views:
Transcription
1 National Interactive Study Group 1 SESSION 3 BOBRA TAHAN HOWARD HARRIS
2 Notes for Tonight 2 Chat is the best way to communicate questions.
3 CONTACT INFORMATION 3 OUR ADDRESS IS: nationalleadinstructor@brightwood.edu
4 Your questions Forms of Ownership Deeds Probate Adverse possession Prescriptive easements Topics for Tonight 4
5 Sole and separate ownership is known as an estate in severalty. 5 True False
6 6
7 Three individuals bought a building and took title as joint tenants. One of the owners died testate. The remaining owners now own the building; 7 A. As a tenant in common with rights of survivorship B. As joint tenants with each other. C. Subject to the terms of the deceased owner s will D. As tenants in common with the deceased owner s heirs
8 Review 8 Joint Tenants ABC Joined Together by PITT Co-ownership review Must Have Equal Possession Interest Title all at the same Time
9 Co-ownership review Tenants in Common Review 9 A B C To the Children Both Tenants in Common and Joint Tenancy have equal rights of possession. Tenants in Common allows the co-owners or cotenants to have unequal shares or interests in the property.
10 A broker should advise married couples that the best way for them to take title is as; 10 A. Tenants in common B. Advised by an attorney C. Joint tenants D. Tenants in common with right of survivorship
11 Properties in which the owner is required to pay assessments to an association which manages and maintains the common elements are known as; 11 A. Residential or commercial condominiums B. Townhomes C. Timeshares D. All of the above
12 A condominium is created by filing a(n); 12 A. Declaration B. Dedication C. Domain D. Dominant Estate
13 Under the cooperative form of ownership, a purchaser receives a proprietary lease and the right to use the common elements. 13 True False
14 To be valid a deed must have all of the following EXCEPT; 14 A. Competent grantor B. Words of conveyance C. A legal description D. A notice of recordation
15 Practice Question The buyer and seller have a liquidated damages clause in an executory purchase agreement. The buyer has requested the seller supply them with the deed which will give the buyer the most protection. At closing the deed which offers the grantee the most protection and in which the grantor gives the most promises is a; A. Special warranty deed B. Quitclaim deed C. General warranty deed D. Bargain and sale deed 15
16 16 Consideration and a competent grantee are necessary elements for a valid deed. True False
17 The moment when conveyance occurs is upon delivery and acceptance of the deed. 17 True False
18 To be valid, a deed must be signed by the grantee. 18 True False
19 A grantor wanting no future claim or liability for the transfer of real estate would use what type of deed? 19 A. Special warranty deed B. Quitclaim deed C. General warranty deed D. Bargain and sale deed
20 The seller has told the buyer that the transfer of title will be by a quitclaim deed. In this case the grantee accepting a quitclaim deed should require a title insurance policy as part of the purchase contract? True False 20
21 A homeowner has received a legal estate which protects them from creditors taking their primary home, this estate is known as; 21 A. Fee simple B. A cooperative C. A homestead D. Fee simple defeasible
22 A mother died testate, leaving all her property and possessions to her daughter. In order for the daughter to claim her inheritance she will need to; 22 A. Probate the will B. Probate the will and file a deed for title to the property C. Do nothing as transfer is automatic in joint tenancy D. Follow the state laws of intestate succession
23 23 Adverse possession is open, continuous, exclusive, actual, and notorious (hostile) possession of another s property for a period of years as determine by state law. True False
24 Memory Aid Remember: OCEAN- Open, Continuous, Exclusive, Actual, and Notorious (hostile) without the owner s knowledge 24 OCEAN is required to create adverse possession or a prescriptive easement If the owner is aware of the use or possession and gives the user permission e.g. a license, to continue, the possession or use will NOT meet the criteria of notorious.
25 Contact Information Any questions I missed or that you still have? Remember if you think of something after class you can reach both Bobra Tahan and Howard Harris at : 25 nationalleadinstructor@brightwood.edu
NATIONAL INTERACTIVE STUDY GROUP UNIT 3 QUESTIONS
NATIONAL INTERACTIVE STUDY GROUP UNIT 3 QUESTIONS National Interactive Study Group 2 SESSION 3 JOHN MATHIS Notes for Tonight 3 1. To MUTE your phone line use *6 2. To UNMUTE your phone line use #6 3. Chat
More informationNational Interactive Study Group
National Interactive Study Group 1 BOBRA TAHAN HOWARD HARRIS UNIT 2 https://www.kapre.com/nationalinteractivestudygroup Notes for Tonight 2 Chat is the best way to communicate questions. CONTACT INFORMATION
More informationUNIT 2: BOBRA TAHAN HOWARD HARRIS
NATIONAL INTERACTIVE STUDY GROUP 1 UNIT 2: BOBRA TAHAN HOWARD HARRIS Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/nationalinteractivestudygroup At this
More information11. What is the difference between easement by necessity and easement by prescription?
In class work with answers for chapter 7-14 1. What does it mean for the government to have governmental powers? Government powers supersede individual rights to real estate for the protection of the general
More informationQuiz 7: Real Estate Ownership
Quiz 7: Real Estate Ownership 1. Victor and Norman are co-owners in fee simple of a small office building. Norman dies intestate and leaves nothing to be distributed to his heirs. Victor is neither related
More informationUNIT 5: BOBRA TAHAN HOWARD HARRIS
NATIONAL INTERACTIVE STUDY GROUP 1 UNIT 5: BOBRA TAHAN HOWARD HARRIS Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/nationalinteractivestudygroup At this
More informationNational Practice Questions. II. Forms of Ownership, Transfer, and Recording of Title
National Practice Questions II. Forms of Ownership, Transfer, and Recording of Title 1. John gave a house to his daughters Mary and Sally. Sally dies. Mary inherits all of the house over the objections
More informationChapter 5: Forms of Real Estate Ownership
Modern Real Estate Practice, 19 th Edition Chapter 5: Forms of Real Estate Ownership 1. Shelly and Nadine bought a store building and took title as joint tenants. Nadine died testate. Shelly now owns the
More informationUNIT 1: BOBRA TAHAN HOWARD HARRIS
NATIONAL INTERACTIVE STUDY GROUP 1 UNIT 1: BOBRA TAHAN HOWARD HARRIS Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/nationalinteractivestudygroup At this
More informationUNIT 5: BOBRA TAHAN HOWARD HARRIS
NATIONAL INTERACTIVE STUDY GROUP 1 UNIT 5: BOBRA TAHAN HOWARD HARRIS Study Group Information 2 Please refer to your dashboard for the following: Link to calendar of discussion topics Links to discussion
More informationTaking Title to Real Property Fidelity National Title Group - Florida Agency Operations
Taking Title to Real Property How to take title? As non-attorney title insurance closing agents we are not allowed to advise others on how to take title. The best response is to refer them to written material
More informationSales Associate Course
Sales Associate Course Chapter Eight Real Property Rights Copyright Gold Coast Schools 1 Nature of Property Real Estate Surface of the earth and all improvements (artificial things attached to the land)
More informationSales Associate Course. Titles, Deeds and Ownership Restrictions
Sales Associate Course Chapter Nine Titles, Deeds and Ownership Restrictions Copyright Gold Coast Schools 1 Title to Real Property Title - ownership enforceable by law Equitable title right to gain ownership
More informationKANSAS 24 HOUR BROKER PRE-LICENSE COURSE
KANSAS 24 HOUR BROKER PRE-LICENSE COURSE NAVIGATION CONTROLS In the bottom right hand corner of the screen, there is an icon button that allows you to choose between standard screen, no sidebar screen
More informationMISSOURI 48 HOUR BROKER PRE-LICENSE COURSE
MISSOURI 48 HOUR BROKER PRE-LICENSE COURSE NAVIGATION CONTROLS In the bottom right hand corner of the screen, there is an icon button that allows you to choose between standard screen, no sidebar screen
More information1. A bill of sale is used to transfer the ownership of. a. real property b. fixtures c. appurtenances d. personal property
1. A bill of sale is used to transfer the ownership of a. real property b. fixtures c. appurtenances d. personal property D. PERSONAL PROPERTY 2. The uniqueness of land and its inability to be substituted
More informationMINNESOTA INTERACTIVE STUDY GROUP SESSION 3 UNIT 2 PROPERTY OWNERSHIP, TAXATION, AND DISCLOSURES
MINNESOTA INTERACTIVE STUDY GROUP 1 SESSION 3 UNIT 2 PROPERTY OWNERSHIP, TAXATION, AND DISCLOSURES Notes for Tonight 2 1. PLEASE USE MUTE *6 TO SILENCE YOUR PHONE # 6 TO UNMUTE. 2. Chat is the best way
More informationHow a Lady Bird Deed Works. General Warranty Deeds. Special Warranty Deeds. The Difference Can Be Critical
How a Lady Bird Deed Works These deeds are also called enhanced life estate deeds. With a standard life estate deed, you could name a beneficiary to inherit your property while you keep ownership of it
More information12. Generally, personal property can be distinguished from real property by its a. size. b. mobility. c. value. d. multiplicity of use.
Unit 2 Quiz 1. Which of the following is generally considered real property? a. Emblements b. Annual crops c. A shrub planted in a decorative pot d. A perennial shrub planted in t he backyard 2. The phrase,
More informationChapter 4 Questions: Interests in Real Estate
Chapter 4 Questions: Interests in Real Estate 1. An elderly man left the family home to his second wife with the provision that when she dies, the home goes to a son by his first wife. The second wife
More informationELEMENTS OF REAL PROPERTY
ELEMENTS OF REAL PROPERTY Real property consists of: Land: including the soil on the surface of the earth, all of the water, minerals, oil, and gas contained on or below the surface, and most of the airspace
More informationNATIONAL INTERACTIVE STUDY GROUP UNIT 5 QUESTIONS
NATIONAL INTERACTIVE STUDY GROUP UNIT 5 QUESTIONS National Interactive Study Group 2 SESSION 5 JOHN MATHIS Notes for Tonight 1. PLEASE USE MUTE *6 TO SILENCE YOUR PHONE # 6 TO UNMUTE. 3 2. Chat is the
More informationChapter 6: Interests in Land History
Chapter 6: Interests in Land History An * in the left margin indicates a change in the statute, rule or text since the last publication of the manual. I. Introduction Modern real property law has evolved
More informationUnderstanding Real Property Interests and Deeds» By Brad Dashoff and John Antonacci. Understanding Real Property Interests and Deeds
A service of the ABA General Practice, Solo & Small Firm Division Law Trends & News PRACTICE AREA NEWSLETTER REAL ESTATE Understanding Real Property Interests and Deeds» By Brad Dashoff and John Antonacci
More informationFACT SHEET FS Property Ownership and Transferring Are Important Features of Your Farm Succession Plan Many people think an estate
FACT SHEET FS-1056 Property Ownership and Transferring Are Important Features of Your Farm Succession Plan Many people think an estate plan is just a will, but it is much more than that. Your estate plan
More information1. The earliest method of transferring title to real property was by the of by the owner to another.
CHAPTER 7 SHORT-ANSWER QUESTIONS 1. The earliest method of transferring title to real property was by the of by the owner to another. 2. There are at present four basic ways land can be transferred from
More informationHow to Minimize the Need for Probate in Texas
How to Minimize the Need for Probate in Texas How can property be owned to avoid the need for probate after a person dies? Think of the word probate as meaning transfer of title. There are several ways
More informationMBA535 - Instructor s Outline and Notes. Module 2
MBA535 - Instructor s Outline and Notes Module 2 1. What object other than land may be deemed real property within the context of the law? Real property fundamentally is land. However, land itself is merely
More informationFull file at
CHAPTER 2 PART I: LEGAL DESCRIPTION, METHOD OF ACQUIRING TITLE, AND DEEDS Objectives Due to the depth of material, Chapter 2 has been divided into two parts. Part I covers legal descriptions, methods of
More informationTEXAS INTERACTIVE STUDY GROUP UNIT 3 QUESTIONS
TEXAS INTERACTIVE STUDY GROUP 1 UNIT 3 QUESTIONS TEXAS INTERACTIVE STUDY GROUP 2 SESSION 3 GRACE JENKINS WWW.KAPRE.COM/TXISG Notes for Tonight 3 1. PLEASE USE MUTE *6 TO SILENCE YOUR PHONE # 6 TO UNMUTE.
More informationTitle Transfer. When the title changes hands, this is called alienation.
Transfer 1 Title Transfer When the title changes hands, this is called alienation. 2 Involuntary Alienation Involuntary Transfer of Title Without the owner s consent. 3 Involuntary Transfer of Title The
More informationOWNERSHIP (REAL PROPERTY CHARACTERISTICS, DEFINITIONS, OWNERSHIP, RESTRICTIONS, AND TRANSFER) PERSONAL PROPERTY (personalty or chattel)
OWNERSHIP (REAL PROPERTY CHARACTERISTICS, DEFINITIONS, OWNERSHIP, RESTRICTIONS, AND TRANSFER) Property is everything subject to ownership (also known as title). Tangible (corporeal) means physical items
More informationQUESTION 2: SELECTED ANSWER A
QUESTION 2: SELECTED ANSWER A 1. Interests in Greenacre To determine who has what interest in Greenacre (G), the validity and effect of each transfer/agreement must be determined. Generally, property may
More informationOWNERSHIP AND TITLE: How, Who and What
OWNERSHIP AND TITLE: How, Who and What Course Outline: OWNERSHIP AND TITLE: HOW, WHO AND WHAT This course educates the residential real estate agent in the various types of estates in land, the interests
More informationADMINISTRATOR: A person appointed by a probate court to settle the affairs of a deceased person who had no will. See "personal representative".
COMMON TERMS ACCESS: The right to enter and leave a tract of land to or from a public right of way, often necessitating the right to cross lands privately owned by others. ACKNOWLEDGMENT: The act by which
More informationMINNESOTA INTERACTIVE STUDY GROUP PROPERTY OWNERSHIP, TAXATION, AND DISCLOSURES
MINNESOTA INTERACTIVE STUDY GROUP 1 PROPERTY OWNERSHIP, TAXATION, AND DISCLOSURES Welcome! Take notes and 2 Participate using our chat/text tools on-screen (audio and video are not enabled). More info
More informationQuiz When a person receives property from another, the recipient is called the: A) grantor. B) mortgagor. C) grantee. D) decedent.
Quiz 6 A) evidentiary notice. B) clear notice. C) constructive notice. D) actual notice. A) seller. B) lender. C) purchaser. D) adjoining landowners. 3. In a general warranty deed, the grantor warrants
More informationChapter 4 Massachusetts. Forms of Real Estate
Chapter 4 Massachusetts Forms of Real Estate Estate in Common In Massachusetts, it is presumed that when a deed conveys land to two or more people or to a husband and a wife except if it is a mortgage,
More informationChapter 1: What is a Title? Sample Quiz
ALTA s Land Title Institute - Title 101 Chapter 1: What is a Title? Sample Quiz Page 1 of 5 Title 101 Chapter 1 Quiz Questions 1. Real estate is the foundation of all. a. Transportation b. Commerce c.
More informationTEXAS INTERACTIVE STUDY GROUP UNIT 5 QUESTIONS
TEXAS INTERACTIVE STUDY GROUP 1 UNIT 5 S TEXAS INTERACTIVE STUDY GROUP 2 SESSION 5 GRACE JENKINS WWW.KAPRE.COM/TXISG Notes for Tonight 3 1. PLEASE USE MUTE *6 TO SILENCE YOUR PHONE # 6 TO UNMUTE. 2. Chat
More informationCalifornia Real Estate License Exam Prep: Unlocking the DRE Salesperson and Broker Exam 4th Edition
California Real Estate License Exam Prep: Unlocking the DRE Salesperson and Broker Exam 4th Edition ANSWER SHEET INSTRUCTIONS: The exam consists of multiple choice questions. Multiple choice questions
More informationSample Exam 2 Textbook Rationales
Sample Exam 2 Textbook Rationales 1. d The agreement between landlord and tenant here is a tenancy at will. The tenant is free to move out at any time, and the landlord can tell the tenant it s time to
More informationChapter 8: Deeds and Transfer of Title
Chapter 8: Deeds and Transfer of Title An * in the left margin indicates a change in the statute, rule or text since the last publication of the manual. I. Introduction Before the modern-day concept of
More informationLEGAL CONSIDERATIONS IN APPRAISAL (from:
Chapter 1: PROPERTY AND LEGAL DESCRIPTIONS The first thing an appraiser must determine is what property rights are being appraised. At the beginning of any discussion about property, it is important to
More informationTerms. A person given authority by a proper court to manage and distribute the estate of a deceased person when there is no will.
Administrator - A person given authority by a proper court to manage and distribute the estate of a deceased person when there is no will. AFFIDAVIT A written statement or affirmation made under penalty
More informationYour search of the Calm County land records revealed the following properly-executed documents, all of which were promptly recorded:
PROPERTY ESSAY QUESTION Professor Vollmar Spring 2010 In 1990, Simon Speculator purchased a 300-acre estate called Gardendale from George and Gail Flowers. The estate is located in Calm County, in the
More informationQuit Quitclaiming OR HELPING CLIENTS HELP THEMSELVES WHEN IT COMES TO TRANSFERRING REAL ESTATE BY: AMY WOCHOS
Quit Quitclaiming OR HELPING CLIENTS HELP THEMSELVES WHEN IT COMES TO TRANSFERRING REAL ESTATE BY: AMY WOCHOS Online Viewers Ø Problems streaming? Try using another browser. Ø If slides appear small, they
More informationLegal Jargonbuster. money, property and assets that belonged to that person which are held in his name. These are referred to as his Estate.
Legal Jargonbuster An explanation in plain English of some of the common legal terms used in the context of Wills and Probate, and of some of the terms used to market legal services. ADMINISTERING AN When
More informationEscrow & Evidence of Title
Escrow & Evidence of Title 1 Chapter 13 2 Escrow Escrow acts as a neutral third party. Hawaii s Escrow Act of 1967: Maintain a minimum net capital or obtain bonding. Be a corporation. Subject to annual
More informationChapter 7 Questions Interests in Real Estate
Chapter 7 Questions Interests in Real Estate 1. A statutory right that a family has in its residence is called a. entirety. b. survivorship. c. curtesy. d. homestead. 2. A person who has complete control
More informationTHE ESSENTIALS. Essential Elements of Value Demand Utility or usefulness Scarcity Transferability
LEARNING AIDS THE ESSENTIALS Essential Elements of a Deed Intent of the Grantor Names of the Parties Description of the Property Granting Clause Consideration In Writing Signature of the Grantor DELIVERY
More informationEscrow & Evidence of Title Evidence of Title Chapter 13 Escrow Grantor / Grantee Index Escrow May Be Rendered by: Escrow Performs Such Duties as:
Escrow & Evidence of Title Chapter 13 Escrow Escrow acts as a neutral third party. Hawaii s Escrow Act of 1967: Maintain a minimum net capital or obtain bonding. Be a corporation. Subject to annual audit.
More informationREAL PROPERTY Copyright February, 2005 State Bar of California
REAL PROPERTY Copyright February, 2005 State Bar of California Alice and Bill were cousins, and they bought a house. Their deed of title provided that they were joint tenants with rights of survivorship.
More informationDeeds: Topics to be Covered. Deeds MAY (but Need Not) Include: Valid Deed MUST Include:
Deeds: Topics to be Covered What a deed is (and is not) Types of deeds Contents of deeds Mandatory contents Optional contents Special/idiosyncratic requirements Impact of errors in the preparation/execution
More informationCHAPTER 1: THE CONCEPT OF PROPERTY RELATED TO WILLS, TRUSTS, AND ESTATE ADMINISTRATION
CHAPTER 1: THE CONCEPT OF PROPERTY RELATED TO WILLS, TRUSTS, AND ESTATE ADMINISTRATION MATCHING a. chattel b. chose in action c. nonprobate property d. intestate succession statutes e. joint tenants f.
More informationLIMITED PRACTICE OFFICER EXAM SUGGESTED STUDY TOPICS REVISED JULY 2009
LIMITED PRACTICE OFFICER EXAM SUGGESTED STUDY TOPICS REVISED JULY 2009 The following suggested study topics have been prepared by the Limited Practice Board. Since the successful LPO exam applicant will
More informationCALIFORNIA INTERACTIVE STUDY GROUP UNIT 2: BOBRA TAHAN HOWARD HARRIS LAND USE CONTROLS
CALIFORNIA INTERACTIVE STUDY GROUP 1 UNIT 2: BOBRA TAHAN HOWARD HARRIS LAND USE CONTROLS Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/caisg At this location
More informationNew Jersey N2K Hour: Effects of Death and Estate Issues
New Jersey N2K Hour: Effects of Death and Estate Issues Webex Presentation: March 13, 2018 FEATURING: JOHN CROWLEY, ESQ. DAVID RUBIN, ESQ. LARRY BELL, ESQ Stewart Title N2K Hour: Presenting Education,
More informationReal Estate Law for Planners. APA National Conference New York, NY May 9, 2017
Real Estate Law for Planners APA National Conference New York, NY May 9, 2017 Your Panelists Brian Connolly Otten Johnson Robinson Neff + Ragonetti, P.C. Denver, Colorado Evan Seeman Robinson & Cole LLP
More informationReal Estate Fundamentals (National Portion) Student Manual
Real Estate Fundamentals (National Portion) Student Manual For Use with the PowerPoint/Audio Course Format Recommended Textbook: Real Estate Principles Roy L. Ponthier, Ph.D., Ed.D., CDEI, DREI Executive
More information1. DEEDS & TRANSFER. I. Definitions
1. DEEDS & TRANSFER I. Definitions II. A. Deed: The evidence of ownership of all the real property which is inside the property boundaries as defined by the property description in the deed. In a transfer
More informationCALIFORNIA INTERACTIVE STUDY GROUP UNIT 8: BOBRA TAHAN HOWARD HARRIS DISCLOSURES
CALIFORNIA INTERACTIVE STUDY GROUP 1 UNIT 8: BOBRA TAHAN HOWARD HARRIS DISCLOSURES Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/caisg At this location
More informationFAQs 4/1/17 Edition by David R. Gellman
FAQs Holding Title to Your San Francisco Home 4/1/17 Edition by David R. Gellman The question of how to take or hold title to a home is one that San Francisco real property buyers and owners ask their
More informationModule 3: Legal Issues
Module 3: Legal Issues Glossary Abstract of Title: An abstract is a summary of all actions relating to the history of a property. Liens, zoning changes, judgments, and recorded easements are some of the
More informationUNIT 3: JOHN MATHIS CONTRACTS
TEXAS INTERACTIVE STUDY GROUP 1 UNIT 3: JOHN MATHIS CONTRACTS Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/txisg At this location you will find: Calendar
More information1. A is a legal document used to transfer ownership rights to real estate from one party to another. a. plat b. lease c. sales contract d.
Chapter 5 Multiple Choice Questions / Page 1 Chapter 5 Multiple Choice Questions 1. A is a legal document used to transfer ownership rights to real estate from one party to another. a. plat b. lease c.
More informationIllinois Real Estate Law for Paralegals
Illinois Real Estate Law for Paralegals Illinois Real Estate Law for Paralegals Transactions and Landlord-Tenant Law Thomas Wendt Carolina Academic Press Durham, North Carolina Copyright 2017 Thomas C.
More informationOWNERSHIP (REAL PROPERTY CHARACTERISTICS, DEFINITIONS, OWNERSHIP, RESTRICTIONS, AND TRANSFER) PERSONAL PROPERTY (personalty or chattel)
OWNERSHIP (REAL PROPERTY CHARACTERISTICS, DEFINITIONS, OWNERSHIP, RESTRICTIONS, AND TRANSFER) Property is everything subject to ownership (also known as title). Tangible (corporeal) means physical items
More informationKEIR EDUCATIONAL RESOURCES
ESTATE PLANNING 2016 Published by: KEIR EDUCATIONAL RESOURCES 4785 Emerald Way Middletown, OH 45044 1-800-795-5347 1-800-859-5347 FAX E-mail customerservice@keirsuccess.com www.keirsuccess.com TABLE OF
More informationInterests in Land History
Interests in Land History I. Introduction Modern real property law has evolved from the English feudal system of land ownership. The basic concept of the feudal system was that the king, as owner of all
More informationAnswer A to Question 5
Answer A to Question 5 Betty and Ed s Interests Ann, Betty, and Celia originally took title to the condo as joint tenants with right of survivorship. A joint tenancy is characterized by the four unities
More informationCALIFORNIA INTERACTIVE STUDY GROUP
CALIFORNIA INTERACTIVE STUDY GROUP 1 UNIT 2: BOBRA TAHAN HOWARD HARRIS LAND USE CONTROLS WWW.KAPRE.COM/CAISG Notes for Tonight 1. Chat is the best way to communicate questions. 2. You can use the quick
More informationCalifornia Real Estate Principles, 11 th ed., by Walt Huber Midterm A Chapter 1-7 Copyright March 2006, Educational Textbook Company
California Real Estate Principles, 11 th ed., by Walt Huber Midterm A Chapter 1-7 Copyright March 2006, Educational Textbook Company 1. Which of the following is NOT a test to determine whether an item
More informationNORFOLK COUNTY REGISTRY OF DEEDS GLOSSARY OF TERMS
NORFOLK COUNTY REGISTRY OF DEEDS GLOSSARY OF TERMS A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A Abstract of Title A summary of records affecting title to a subject property. Acceptance Action
More informationForms of Ownership. Learning Objectives
Forms of Ownership Learning Objectives Upon completion of this section you should: Itemize the factors that influence home ownership. Identify various forms/types of housing. Describe the various types
More informationMOCK EXAM 2 Answer Key
MOCK EXAM 2 Answer Key 1. D Explanation: Also called the sales comparison method, the market data method is the only reliable approach to determining the value of an older residence. 2. B Explanation:
More informationThe Language of Estates New Clerks School UNC School of Government. The Language of Estates. The Language of Estates. Intestate
New Clerks School UNC School of Government January 2015 Amy L. Funderburk Pam Barlow Dana Hackney Jurisdiction (28A-2-1) The Clerk of Superior Court is the Judge of Probate and has jurisdiction over the
More informationVIRGINIA REAL PROPERTY DISTINCTIONS MICHAEL DORAN UNIVERSITY OF VIRGINIA SCHOOL OF LAW
VIRGINIA REAL PROPERTY DISTINCTIONS MICHAEL DORAN UNIVERSITY OF VIRGINIA SCHOOL OF LAW CHAPTER 1: OWNERSHIP Interests in Land: Exam Tip 1: This lecture will build off of the information on Real Property
More informationTitle Resources Guaranty Company 8111 LBJ Freeway, Suite 1200, Dallas, TX
Washington Underwriting Memo 2014-1 Date: September 12, 2014 From: Gretchen L. Valentine Vice President/Pacific NW Regional Underwriting Counsel To: Re: All Washington Issuing Agents Transfer on Death
More informationUNIT 5: JOHN MATHIS CONTRACTS
TEXAS INTERACTIVE STUDY GROUP 1 UNIT 5: JOHN MATHIS CONTRACTS Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/txisg At this location you will find: Calendar
More informationKEIR EDUCATIONAL RESOURCES
ESTATE PLANNING 2017 Published by: KEIR EDUCATIONAL RESOURCES 4785 Emerald Way Middletown, OH 45044 1-800-795-5347 1-800-859-5347 FAX E-mail customerservice@keirsuccess.com www.keirsuccess.com TABLE OF
More informationTITLE & ESCROW OVERVIEW
WE MAKE COMPLEX EASY. TITLE & ESCROW OVERVIEW The following materials are intended only for educational and informational purposes. They do not contain a complete analysis of the laws, regulations and
More informationFarm Estate Planning Do You Know What You Own?
Farm Estate Planning Do You Know What You Own? Theodore A. (Ted) Feitshans Extension Associate Professor Department of Agricultural & Resource Economics North Carolina State University March 7, 2013 DISCLAIMER
More informationCALIFORNIA INTERACTIVE STUDY GROUP UNIT 7: BOBRA TAHAN HOWARD HARRIS PRACTICE OF REAL ESTATE
CALIFORNIA INTERACTIVE STUDY GROUP 1 UNIT 7: BOBRA TAHAN HOWARD HARRIS PRACTICE OF REAL ESTATE WWW.KAPRE.COM/CAISG Notes for Tonight 1. Chat is the best way to communicate questions. 2. You can use the
More informationCALIFORNIA INTERACTIVE STUDY GROUP UNIT 7: BOBRA TAHAN HOWARD HARRIS PRACTICE OF REAL ESTATE
CALIFORNIA INTERACTIVE STUDY GROUP 1 UNIT 7: BOBRA TAHAN HOWARD HARRIS PRACTICE OF REAL ESTATE Study Group Information 2 Information regarding the Study Group may be found at: www.kapre.com/caisg At this
More informationOFFICE OF THE ASSESSOR COUNTY OF LOS ANGELES JEFFREY PRANG ASSESSOR
OFFICE OF THE ASSESSOR COUNTY OF LOS ANGELES JEFFREY PRANG ASSESSOR 1 PROPERTY TAX EXCLUSIONS RELATED TO ESTATE PLANNING 2 TOPICS 1. PARENT TO CHILD EXCLUSION (PROP 58) - QUALIYING ELEMENTS AND SUPPORTING
More informationSample Exam 1 Textbook Rationales
Sample Exam 1 Textbook Rationales 1. b A recorded mortgage constitutes a lien on a property. 2. a It is voidable by the party who is currently the minor. It also would be enforceable by that party. 3.
More informationChapter 52 Transfer and Control of Real Property
Chapter 52 Transfer and Control of Real Property A. Contract of Sale Marketable Title Title free from 1. encumbrances (such as mortgages, easements, liens, leases, and restrictive covenants) 2. defects
More informationIN THE SUPREME COURT OF TENNESSEE AT NASHVILLE June 2, 2016 Session
IN THE SUPREME COURT OF TENNESSEE AT NASHVILLE June 2, 2016 Session DARRYL F. BRYANT, SR. v. DARRYL F. BRYANT, JR. Appeal by Permission from the Court of Appeals Chancery Court for Davidson County No.
More informationNORTH CAROLINA PROPERTY MAPPERS ADVANCED MAPPING CONVEYANCES AND OTHER DATA SOURCES
NORTH CAROLINA PROPERTY MAPPERS SECTION 10 CONVEYANCES AND OTHER DATA SOURCES 10-1 10.1 Real Estate vs Real Property The terms real estate and real property are often used to describe the same thing, but
More informationO conveys land to A for life, remainder to B, C, and D. B, C, and D are A s heirs apparent at law.
This is remarkable effort by a student in this year s class (2017), beautifully color-coded, that takes my 1969 set of objective questions and revises the answers according to this year s assumptions about
More informationWARRANTY DEED INFORMATION PACKET
WARRANTY DEED INFORMATION PACKET This information can be provided to our customers with the following statement: THERE MAY BE LEGAL AND/OR TAX IMPLICATIONS ONCE THESE FORMS ARE FILED. WE RECOMMEND YOU
More informationPhysical Encumbrances
Physical Encumbrances Types of physical encumbrances include (1) deed restrictions, (2) easements, and (3) encroachments. D eed restrictions A major package of private deed restriction are covenants, conditions
More informationSevering a Joint Tenancy. Severing a joint tenancy is the process by which you convert a Joint Tenancy into a Tenancy In Common.
Severing a Joint Tenancy Severing a joint tenancy is the process by which you convert a Joint Tenancy into a Tenancy In Common. Beneficial Interests in a property, when held by more than one person, must
More informationPart VIII property law
Part VIII property law To those who are engaged in commercial dealings, justice is indispensable for the conduct of business. Cicero B uying property is considered a vital part of living the American Dream.
More informationSection 4.1 LAND TITLE
Section 4.1 LAND TITLE PURPOSE... 4-1-1 AUTHORITY... 4-1-1 SCOPE... 4-1-1 REFERENCES... 4-1-1 TRAINING... 4-1-2 FORMS... 4-1-2 DEFINITIONS... 4-1-2 4.1.1 QUALITY AND QUANTITY OF TITLE... 4-1-3 4.1.2 TITLE
More informationWESTGATE SALE PROCEDURE
WESTGATE SALE PROCEDURE Please forward this process to all parties involved in the change/transfer so they are aware of the timeframe involved: Westgate has the Right of First Refusal on all sales. You
More informationtitle & escrow resource guide
title & escrow resource guide i n t e g r i t y g r a ti t u d e t e a m w o r k c w ti t l e. n e t WHAT IS TITLE INSURANCE? why do I need it? What is Title Insurance? A title insurance policy is a contract
More informationTuesday May 16 First Test (Chapters 1-4, and 8 if covered. Wednesday May 17. Read. Chapters 13 and 14. Lecture re: contract law.
Syllabus RE 6455 Real Estate Law - (CRN 50298 Summer 2006) Morning 8 to 12 Monday May 15 Read Chapters 1-4 Read Chapter 8 if time permits Tuesday May 16 First Test (Chapters 1-4, and 8 if covered Read
More informationHistory and Development of Hawaiian Real Estate - Chapter 1
Course Objectives Assist students in their preparation for the Hawaii real estate exam. Encourage students to study on a daily basis. Test students frequently to measure progress and improve test taking
More information