click below
click below
Normal Size Small Size show me how
REAL ESTATE
NC REALESTATE
Question | Answer |
---|---|
SQUARE FEET IN AN ACRE | 43,560 |
3 CHARACTERISTICS OF REAL ESTATE | IMMOBILITY, INDESTRUCTIBILITY, UNIQUENESS |
4 ECONOMIJC CHARATERISTICS OF REAL ESTATE | 1 SCARCITY 2 LOCATION 3 IMPROVEMENTS 4 PERMANENCE SLIP |
5 TYPES OF REAL PROPERTY | RESIDENTIAL, COMMERCIAL, INDUSTRIAL, AGRICULTURAL, SPECIAL PURPOSE |
SUPPLY UP DEMAND STABLE | PRICES DOWN |
DEMAND UP SUPPLY STABLE | PRICES UP |
CONDUCTS ACTIVITIES ON BEHALF OF THE BROKER | PROVISIONAL BROKER |
A PERSON WHO LISTS, LEASES, SELLS, BUY, EXCHANGE, OR NEGOTIATES REAL PROPERTY FOR OTHERS | BROKER |
FACTORS AFFECTING DEMAND OF REAL ESTATE | DEMOGRAPHICS, POPULATION, EMPLOYMENT LEVELS |
FACTORS AFFECTING SUPPLY OF REAL ESTATE | LABOR FORCE AVAILABILITY, CONSTRUCTION COSTS, GOVERMENT CONTROLS, GON'T FINANCIAL POLICIES |
RIGHT THAT GOES WITH THE OWNERSHIP OF LAND | APPURTENANCE |
RIGHTS OF LAND LOCATED ALONG LAKE AND RIVERS | RIPARIAN RIGHTS |
RIGHTS OF LAND BORDERING OCEANS AND LAKES WITH A TIDE | LITTORAL RIGHTS |
ADJACENT PROPERTIES SUPPORT NATURAL BOUNDARIES | LATERAL SUPPORT |
SUBTERRANEAN MINING MUST SUPPORT LANDS SURFACE | SUBJACENT SUPPORT |
BUILT BY HUD STANDARDS, CHASSIE AND WHEELS PERSONAL PROPERTY UNTIL PERMANENT FOUNDATION ON OWNERS LAND | MANUFACTURED HOMES (TRAILER) |
BUILT BY STATE BUILDING CODE REAL PROPERTY WHEN ASSEMBLED ON SITE | MODULAR HOME |
ANNUAL CROPS - PERSONAL PROPERTY | EMBLEMENTS (FRUCTUS INDUSTRIALES) |
PLANTS THAT DON'T REQUIRE ANNUAL CULTIVATION ( TREES, GRASS, PERENNIALS) REAL PROPERTY | FRUCTUS NATURALES |
PROPERTY AFFIXED TO REAL PROPERTY | FIXTURE |
Intention, Relationship. Method of annexation, Adaptation to real estate (IRMA) | LEGAL TEST OF A FIXTURE |
FIXTURE OWNED BY TENANT FOR USE IN CONDUCTING BUSINESS | TRADE FIXTURE - TENANTS PERSONAL PROPERTY |
FIXTURE INSTALLED BY TENANT FOR USE IN FARMING - BELONG TO OWNER OF LAND | AGRICULTURAL FIXTURE |
ESTATES OF INDETERMINABLE LENGTH - LIFETIME OR FOREVER | FREEHOLD ESTATE |