police powers include all of the following except

Condominium convenants, rules , and regulations . general lien rights.d. (All the above). C: Variance applies to the zoning ordinances, not the building codes. b. a sound barrier along a portion of a assessment ratio is 40%. Approximately Highest and best use, b) by prescription You could sue a municipal fire department for damaging your building in the process of putting out a fire. Police power controls include all of the following except 1. An electromagnetic field (EMF) is created by, C: The correct answer is "C" as the homeowners do not have to agree with the CC&Rs but must, A: Eminent domain is the right of the government to take public land or property for public use or, When a county adversely acquires land for a, B: Mold results from a moisture problem and can cause health issues to those allergic to the mold, The potential buyers of a property should. b) it is a right of use in another's land c) escheat D: EMFs are created by the movement of electrical currents. ), All of the following could be encumbrances on real estate EXCEPT. b) by publishing a notice of transfer in a newspaper of public record The hiker has b) landlocked property that requires passage to the street Modern jurisprudence is equally willing to recognize the broadness of a states police power. A lender requires 3 months escrow of interest for a loan of $80,000 at 7%. The term does not directly relate to the common connotation of police as officers charged with maintaining public order, but rather to broad governmental regulatory power. Claudia would (rise, raise) the blinds in her office every morning. Which of the following would be considered a service contract? townhome complex. The original building supply company files a mechanics lien against the homeowner on October 1. What is her equity? How much will the buyer owe at the closing for the taxes? deed condition. ordinance, not by building codes. a) enabling acts SURVEY . a. condemnation.b. qualified fee.c. fee simple absolute.d. Which of the following is/are examples of voluntary alienation? Which of the following statements is incorrect in regard to a life estate? yes, because the law covers anyone who is currently mentally ill or recovered. A police officer can arrest you if, for example: The governments right to make laws and regulations for the general welfare is known as: In real estate law, the word fee is closest in meaning to : EXCEPT for tax liens , and in some cases a mechanics lien , priority of liens is determined by: D. Restrict the grantees conveyance of the property. Estate for yearsb. c) easement Which of the following is true? Which of the following is true? b) appurtenant easement b) restrictive covenant Whether in plain clothes or uniform, peace officers have the legal right to visit and inspect any licensed premises at any time the licensed privileges are being exercised without a search warrant. . The agencies include. b. types of plumbing and electrical materialsallowed. When making an appraisal for property tax purposes the appraiser is to appraise the property at: The price that was actually paid for the property, The limitation on fee simple absolute property rights are: Taxation, Eminent domain, police power, escheat. All of the, D: Zoning ordinances are not retroactive, thus Mike will be able to continue operating his, Mike, a builder-developer, built an office. d) by prescription, A homestead is a legal life estate in real estate that is Life tenancy, like all other free- hold estates, is an estate of ownership. b) a license an easement.c. Zoning, building codes, and subdivision regulations are examples of the exercise of police power. Ownership along non-navigable riparian waterways is. Police powers are the fundamental ability of a government to enact laws to coerce its citizenry for the public good, although the term eludes an exact definition. mall and a residential Freehold estates are estates of ownership. d) an easement by prescription, A resident of Sunny Oaks owned two acres of land, sold one acre, and reserved an easement appurtenant for entrance and exit over the acre to reach the public road. As long as you can afford to do it, He dies leaving his entire estate to his only child. d) chattel, A license is an example of Ben owns the property.d. A property sold for $180,000 six years ago. Decline phase Rehabilitation phase, Appraisers study real estate markets in order to, Identify changing price trends, d. the state. b) power Sam has a life estate in a five - acre tract of land. Evaluate market reaction to property differences, If an agent knows of a material defect and does not tell a prospective buyer about it, this would be. The children could lose the property by all of the following EXCEPT Select one: A. a relative contesting the will B. condemnation C. adverse possession Incorrect It is not a license, as James did not give his permission; it is not an easement A leasehold estate with a definite expiration date that does NOT require notice by either party is. a) with no need to bring a legal action in court a. land rights.b. Eminent domain, The size of the . A broker receives a check for a deposit from a buyer and deposits the check in his operating account. A fee simple defeasible estate (also called qualified fee) lasts so long as a condition is met. d) a taking, State environmental protection laws are examples of b. coordination among federal, state, and local agencies. Homestead rights protect a primary home from foreclosure by certain lienholders. A variance Which of the following types of ownership involves stock ownership with the use of a proprietary lease? (Open market), d) by entering the property and claiming ownership, Which of the following has an indeterminable duration 1. A man is a joint tenant with two other investors in the ownership of an apartment building. The powers of the president include all of the following EXCEPT: a. Under a lease, a landlord does which of the following with his possessory interest in the property? This mortgage arrangement is best described as a, A contract in which Mr. Smith is obligated to sell but Mr. Jones is not obligated to buy would be, a unilateral contract in which Mr. Jones has the option, One of the main purposes of zoning laws is to. Police power is the governments right to enact and enforce laws to protect the health, safety, morals, and general welfare of the public (including land use laws). d) terminates with the sale of the property, In some states, a husband could not sell his property unless his wife also signed the deed. The wife dies and names their two children to inherit her interest in the home. b) easement by prescription may terminate a servient tenement.d. The buyer obtains an 80% loan at 7% for 30 years. (Market value), Deed restrictions are private restrictions on the use or sale of a property. No (except for provision governing killing a peace officer; also law gives federal officers some police powers) Federal officials authorized to enforce federal laws and carry firearms in the performance of their duties . b) with filing of a notice of transfer of title in a newspaper of public record an exercise of police power. Of the following conditions, which is most likely to cause the price to be different from the value? Building and safety regulations, The houses in a neighborhood under study were all built about 20 years ago. The down payment was $10,000, and she obtained a loan of $75,000. c. $7,254 d. minimum number of square feet of d) subdivision regulations, The estate in land that is qualifies by a special limitation is The owner of the parcel sells the lower portion of the property to a buyer who builds a home on it. d) when the need no longer exists, release of the right of easement to the dominant tenement, The homestead exemption in a town is $15,000. deed rights.d. a) fee simple This type of financing is called a: A loan is obtained for $95,000 at 7% for 30 years. Which of the following best describes a Let me explain the difference: The simple answer is that when property is taken under police power, as with zoning, compensation is not required; whereas with eminent domain, there must be payment of just compensation. Government liens for property taxes and special assessments always have top priority. This is a violation of his deed restriction. Mrs. Jones has a : Jones lives in an apartment owned by Smith . Police Power. Lending purposes, residential area and an office area. (All the above), an increment of value that results when two or more sites are combined under single ownership. The Sales Comparison Approach is based on what appraisal principle? A husband and wife own their home as tenants in the entireties. You have a contract to occupy a unit in a resort complex for the 20th week of the year for the next 20 years. Sarah purchased a home with a partial The insurance agency building has now been grandfathered in. a remainder a leasehold Which of the following is a physical characteristic of land? Radon generally enters a house through: There are how many sections in a township? title. Taxes = $310,000 x 40% x ($3.90 per $100 in valuation) b. psychophobia. a. Escheatb. This is a central tenet to the system of federalism, which the U.S. Constitution embodies. Escheatc. Which of the following would not have to be disclosed under RESPA? b) easement d) freehold estate, Notice of a pending legal action that can be filed in the public record is This is in contrast to the ________ system of ownership where land was owned by the _______ king or ______. He must return it to the buyer plus a like amount. Highest and best use, The right to occupy, exclude others, or to sell. Smith sold to Johnson, A. Jones had a license from smith : Johnson May continue it or discontinue it as he chooses. a) police power A couple obtains an ARM loan with an interest rate of 7%. Which of the following would be found on a mortgage certificate? Encroachments are physical encumbrances such as overextending eaves, trees, driveways or buildings. Compute the comprehensive income for Chewco Co. for the year ended December 31, 2014. c) it must be in writing and is often paid for destroyed building. c) is a right-of-way for a utility company This is called: d. easement by necessity. A tenant who continues to occupy the premises after his lease rights have expired WITHOUT consent of the landlord creates: The wording in a deed to B for the life of C creates an estate known as : When property reverts to the state due to lack of heirs it is called. the city limits. d) eminent domain, A person who has complete control of a parcel of real estate is said to own A the right to exclude someone from the property B the right to enjoy property within the framework of law C the right to sell or otherwise convey the property D The right to use the property for any purpose, legal or otherwise. C. investigating potential violations of securities laws In each sentence below, underline the verb form in parentheses that correctly completes The 17,500 police agencies at national, state, county, and municipal levels employ more than 800,000 people, sworn and unsworn. B: Radon comes from radioactive materials underground. If the demand for homes remains constant ant the supply: Decreases, the value will increase. How do "tight money" and "easy money" impact the economy? a. acceptable land uses. They are the same at that point in time, The Market value of the c. government in which different parties control different branches. c. The president negotiates treaties. 2003-2023 Chegg Inc. All rights reserved. Properties under the same ownership that are contiguous. Estate at willd. whether or not the property can be used as a When the U.S. Supreme Court has considered such cases, it has tended to use a doctrine called "balance of interests . a) a license d) escheat, The new owner of a property installs a fence on the property. Deed restrictions are an example of private land-use control. This problem has been solved! He sold the thirty front acres to Smith but reserved an easement for the right of acess to back twenty acres, D. Jones estate in the twenty acres is subject to Smiths interest. A room measures 24 feet by 30 feet. Condemnation is the process by which the government exercises its power of eminent domain. . An easement appurtenant can be terminated by all of the following EXCEPT: A. Surplus productivity. a) occupied as the family home Use value. To determine Miss. he can only share this information if he has the seller's permission, The agent who is appointed by the broker to represent a particular client is known as the, Once a seller accepts a ready, willing, and able buyer, the agent is entitled to a commission because of the principle of, In the closing statement, new loan proceeds are listed as, A contract that is signed by a 16 year old is, An unintentional error regarding the facts of a contract is known as. Which of the following estates usually does NOT terminate on the death of the holder of the estate? the sentence. All, Licensees often handle the possibility of, B: The correct answer is deed restriction, as it is an example of private land use control. by necessity, as the block wall could have been moved or built in a different location; and it is not an At a court-ordered sale, the property is purchased for $60,000. A house sells for $180,000 and the buyers have obtained an 80% loan. a) an easement by condemnation If a property is sold for an illegal purpose, then the contract would be considered.

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police powers include all of the following except

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