Freehold Study guides, Class notes & Summaries
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Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums exam 2024
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Title - correct answer Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. 
 
A legal entity that represents the collective interests of its property owners. - correct answer What is the definition of a 'Condominium Corporation'? 
 
The condominium board - correct answer Who establishes the rules and bylaws in a condominium? 
 
To secure the assets of the co...
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Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums questions with correct answers
- Exam (elaborations) • 41 pages • 2023
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Title CORRECT ANSWER Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. 
 
A legal entity that represents the collective interests of its property owners. CORRECT ANSWER What is the definition of a 'Condominium Corporation'? 
 
The condominium board CORRECT ANSWER Who establishes the rules and bylaws in a condominium? 
 
To secure the assets of the corporation an...
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Dubai RERA Broker Exam 2022/2023 Questions and Answers
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Which law applies to 
Land Registration & Ownership (Role of DLD) - ANSWER Law No. 7/2006 
 
Which law applies to 
Designated Areas 
(Freehold vs Leasehold for non GCC) - ANSWER Regulation No. 3 of 2006 
 
Which law applies to 
Regulation of Real Estate Brokers - ANSWER Law No. 85/2006 
 
Which law applies to 
Establishment of RERA - ANSWER Law No. 16/2007 
 
Which law applies to 
Escrow Accounts - ANSWER Law No. 8/2007 
 
Which law applies to 
Tenancy Law - ANSWER Law No. 26/2007 
Law No....
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CA DRE Salesperson Exam with 100% Verified solutions 2024
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CA DRE Salesperson Exam with 100% Verified solutions 2024 
What are the two types of freehold estates? 
1)	an estate in fee (simple absolute) 
2)	a life estate.
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PSI PA Real Estate Practice Exam
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The economic characteristics of land are - Answer- scarcity, location, and durability 
 
A major difference between freehold and nonfreehold estates is that all freehold estates - Answer- are of indeterminable duration 
 
An easement can be terminated by - Answer- merger of titles 
 
The land description T3N, R4W Principal Meridian refers to what method of property description? - Answer- Rectangular survey 
 
Tenants are still in their rental property even though their lease has expired. The lan...
And that's how you make extra money
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Champions real estate principles of real estate 1 in 2022 latest update
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Champions real estate principles of real estate 1 in 2022 latest updatebrokerage - correct answer A business that pertains to overseeing the needs of the parties and completing a transaction they may or may not involve agency relationships 
 
Real Estate Development - correct answer Involves the acquisition of land for development into residential subdivisions, retail centers and other commercial uses. 
 
immobility - correct answer It's a physical characteristic of land that cannot be moved 
 ...
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Aceable principles 1 exam 2023 with 100% correct answers
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Life Estates - correct answer -level 13 chp 2 
 
The Four Main Types of Estates - correct answer -Freehold Estates 
Leasehold Estates 
Equitable Estates 
Concurrent Estates 
 
Freehold Estates - correct answer -Three Types of Freehold Estates 
Okay, so now you know what a freehold estate is. Let's break it down further into three categories: 
Fee simple absolute estate 
Defeasible fee estate (also called qualified fee or fee simple defeasible) 
Life Estate 
 
Fee Simple Estate/Fee Simple Absolu...
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Humber Real Estate - Course 3, Module 1, Introducing Residential Condominiums
- Exam (elaborations) • 25 pages • 2023
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Humber Real Estate - Course 3, Module 1, Introducing Residential CondominiumsHumber Real Estate - Course 3, Module 1, Introducing Residential CondominiumsHumber Real Estate - Course 3, Module 1, Introducing Residential Condominiums 
 
Title - ANSWER-Condominium owners hold ______ to their private living space (unit) and share ownership jointly of the common areas (common elements) with other owners in the condominium corporation. 
 
A legal entity that represents the collective interests of its ...
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Humber Real Estate - Course 2, Module 3, Understanding Residential Property Types, Ownership and Planning questions with correct answers
- Exam (elaborations) • 18 pages • 2023
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A self-contained housing unit with one or more habitable rooms containing at minimum a kitchen, bathroom facilities and an exit from the building. CORRECT ANSWER Define a 'Dwelling Unit' 
 
- A duplex is under single ownership (under 1 title) ... the dwelling units can then be lived in or rented out 
- The 2 dwelling units in a semi-detached structure are each owned separately (under 2 titles) CORRECT ANSWER What is the difference between a semi-detached structure and a vertically divided dupl...
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| LATEST EXAM UPDATES| 2024/25 |MISSOURI REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/
- Exam (elaborations) • 25 pages • 2024
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MISSOURI REAL ESTATE EXAM REVIEW QUESTIONS AND 
ANSWERS, GRADED A+/ VERIFIED/ 
Chapter 339 of the MO Statutes is: 
Code of Ethics 
License Law 
MLS Rules 
For commercial agents only - -b 
Susie is employed by broker Joe to show rental properties that he manages. She shows rental units, 
collects security deposit checks made payable to the owner, and delivers leases. Based on these actions, 
Susie: 
Must be a real estate licensee 
Is violating MREC rules 
Is creating a criminal offense 
Is not...
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