Leasehold Study guides, Class notes & Summaries
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PSI Real Estate Salesperson exam 1 2024 with 100% correct answers
- Exam (elaborations) • 19 pages • 2024
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Which of the following would NOT be considered Real Property? 
 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air - correct answer 2. A Leasehold Estate 
 
The servient estate in an easement appurtenant is the property 
 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement - correct answer 2. on which the easement is placed 
 
Which of the following statements concerning encumbrances is NOT true 
 
1. All encumbran...
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PSI REAL ESTATE SALESPERSON EXAM 1| ACTUAL EXAM ANSWERED 100% CORRECTLY| LATEST 2024
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PSI REAL ESTATE SALESPERSON EXAM 1| ACTUAL EXAM ANSWERED 100% CORRECTLY| LATEST 2024 
Which of the following would NOT be considered Real Property? 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air 
2. A Leasehold Estate 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement 
2. on which the easement is placed 
Which of the following statements concernin...
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NYREI School Exam questions and answers well illustrated.
- Exam (elaborations) • 8 pages • 2024
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What is the minimum licensing requirement to sell commercial real estate in New York? - ans a real estate salesperson's license 
 
What is the preferred method of creating an agency relationship? - ans expressed agency 
 
An amenity purchaser - ans occupies or uses the purchased property 
 
Condominium units are considered _____ property and are conveyed by _____. - ans real / deed 
 
A salesperson who is an independent contractor - ans is not subject to withholding requirem...
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pearson vue practice exam Questions and answers, 100% Accurate, graded A+
- Exam (elaborations) • 22 pages • 2023
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pearson vue practice exam Questions 
and answers, 100% Accurate, graded A+ 
In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of 
agency to state ONLY those terms that are 
a. included in the listing agreement 
b. based on the brokers evaluation of prevailing prices and terms 
c. favorable for the seller, as determined by the broker 
d. attractive to buyers, as determined by the broker - -a. included in the listing agreement 
a lot measu...
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MD Real Estate Salesperson Exam Review with Certified Solutions
- Exam (elaborations) • 75 pages • 2024
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MD Real Estate Salesperson Exam 
Review with Certified Solutions 
 
Which of the following would NOT be considered real property? 
1. mineral rights 
2. a leasehold estate 
 
3. fixtures 
 
4. air 2. a leasehold estate 
 
- a leasehold estate is a non-freehold estate involving the tenant's right to occupy the real estate 
during the term of the lease 
 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the...
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BLAW211 Study Test Questions and Correct Answers
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BLAW211 Study Test Questions and Correct Answers 
Describe Leasehold Estate - Answer-Leasehold estate refers to the exclusive right of a tenant to occupy a property for a period of time. 
- written lease agreement between the owner and the tenant 
 
The Three categories of leasehold estate - Answer-1. Tenancy for a term of years 
- a lease for a period of time with specific start & end date 
 
2. Periodic tenancy 
- a lease which is automatically renewed at the end of the period (year to year...
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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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NYREI Exam Prep Correct Questions & Answers(Latest Update 2023)
- Exam (elaborations) • 56 pages • 2023
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A leasehold estate that continues for a successive periods of equal length until terminated by proper notice from either party is a - ANSWER Periodic tenancy 
 
Physical land and everything attached to it is called - ANSWER Real Estate 
 
Equipment a tenant installs for use in his or her business is called - ANSWER Trade fixture 
 
The illegal practice of inducing homeowners to sell their homes (Usually at a deflated price) by suggesting the ethinic or racial composition of the neighborhood Is c...
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PSI Real Estate Salesperson exam 1 Questions and Answers 100% Pass
- Exam (elaborations) • 30 pages • 2023
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PSI Real Estate Salesperson exam 1 Questions and Answers 100% Pass 
Which of the following would NOT be considered Real Property? 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 4. Air 2. A Leasehold Estate 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 4. that benefits from the easement 2. on which the easement is placed 
Which of the following statements concerning encumbrances is NOT ...
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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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