Accretion - Study guides, Class notes & Summaries

Louisiana Notary Exam Vocabulary 2024 with Complete Solutions Louisiana Notary Exam Vocabulary 2024 with Complete Solutions Louisiana Notary Exam Vocabulary 2024 with Complete Solutions abstract - ANSWER-An abstract is a history of the title to property as revealed by the public records Acceleration Clause (in a mortgage) - ANSWER-Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such ...

Superior School of Real Estate Exam Problem Areas Exam QUESTIONS & Revised CORRECT ANSWERS <UPDATED&ALREADYPASSED> Tenements - ANSWER : all of the rights and interests that go with the land Hereditaments - ANSWER : land and all of the tenements that can be inherited Appurtenance - ANSWER : a right interest of privilege that goes with the land (item in the bundle) Accretion - ANSWER : a gradual process in which the boundary of riparian land is extended by natural forces...

accession - Answer ️️ Acquiring title to additions or improvements to real property as a result of the annexation of fixtures or the accretion of alluvial deposits along the banks of streams. (something added) Adverse Possession - Answer ️️ A person takes possession & use of a property belonging to another. Possession must be open, notorious, hostile & uninterrupted for a certain period of time. Artisan's Lien - Answer ️️ A possessory lien given to a person who has made improve...

big bang - ️️-still energy left from explosion -discovered in 1960s -assumes earth came from material -Kant created most pop model of formation (planet accretion) nebula - ️️beginning form of planets many bump into others and combine earths composition - ️️-more dense material in center -heterogeneous (bc heat and dense elements melt and flow) -accretion -compression -radioactive decay 3 layers of earth - ️️-based on composition -core, mantle, crust -metallic c...

Which of the following is not considered real property a. buildings b. fixtures c. corn d. elm tree - Answer-c. corn a court in determining that an item is a fixture will consider which of the following a. the extent of the attachment of the time to the building b. the intention of the parties c. the characters of the article in its adaptation to the real property d. all of the above - Answer-d. all of the above the adding together of periods of adverse possession is called a. lapping...

Acceleration Clause (in a mortgage) - ANSWER_Clause used in an installment note and mortgage which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the leaders consent, destruction of the property, or other event which endangers the security of the loan. accession - ANSWER_Acquiring title to additions or improvements to real property as a result of the annexation of ...

Abandonment - Answer the relinquishment of all rights and title to a property with no intention of reclaiming ownership abstract - Answer Disclosure statement to initial condo purchasers Abstract of Title - Answer Condensed history of Titel (all recorded aspects) Abutting Owner - Answer Land touches highway or public place Accredited Property Manager - Answer One awarded such a designation by Institute of Real Estate Management (IREM). Acceleration Clause - Answer ...

Abandonment When a party in legal possession of property leaves without the intention of reclaiming rights. Abstract of Title A brief history of the instruments appearing in the county record that affect title to the parcel in question. Condensed history of all documents affecting a parcel of real estate Acceleration Clause Mortgage Clause demanding full payment upon Default. Accretion an increase of land caused by the gradual depositing of solid material Adhesion Contract A non negoti...

Abandonment - Answer-The failure to occupy and use property that may result in loss of rights Abatement of Nuisance - Answer-Extinction or termination of a nuisance Abstract of Judgement - Answer-A condensation of the essential provisions of a court judgement Abstract of Title - Answer-A summary or digest of all transfers, conveyances, legal proceedings, and any other facts relied on as evidence of title, showing continuity of ownership, together with any other elements of record which ...

Superior Real Estate School Exam with Correct Solutions 2024 All of the following are physical characteristics of land except: A. Indestructibility B. Uniqueness C. Immobility D. Scarcity - Answer -D. Scarcity Under the doctrine of specific performance, the party harmed by breach of a real estate contract can ask a judge to force the breaching party to carry out the terms of the contract rather than order the breaching party to pay monetary damages. Which physical characteristic of land...