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Pearson VUE Questions and answers, 100% Accurate, rated A+. latest update.

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Pearson VUE Questions and answers, 100% Accurate, rated A+. latest update. Fee simple ownership describes - ✔✔-current ownership One way that an easement in gross is extinguished is when - ✔... ✔-An easement in gross is extinguished when the party that benefits dies. Jill owns a house at 82 Willow Road. She has young children and wants to build a fence around an area of the backyard. Once it is built the fence becomes part of the real property through - ✔✔-The fence becomes part of the real property through annexation. Paul chops down a tree and splits it into firewood. This example of real property being changed into personal property is an illustration of: - ✔✔-severance. Mike is remodeling his house. Mike's next door neighbor Gary says that Mike may store a pallet of patio flagstones on a corner of Gary's property. Gary has granted Mike a: - ✔✔-license. The gross rent multiplier method of estimating the value of property is most likely to be used when appraising what type of property? - ✔✔-multi-family residential The process an appraiser used to review the results of each appraisal method and determine how much weight to assign to each method is called: - ✔✔-reconciliation A 16 year old named Dustin signs a contract to lease a car. Because of his age, this contract is: - ✔✔- voidable. The Statute of Frauds requires that for agreements for the sale of real estate to be enforceable in court, they must be: - ✔✔-in writing and signed by the parties to [Show More]

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