Answer: yes, because Jones can force any other property owner in the subdivision to comply
with deed restrictions. - Question>>>Jones and Halstead live across the street from each other in
a subdivision in which homeow
...
Answer: yes, because Jones can force any other property owner in the subdivision to comply
with deed restrictions. - Question>>>Jones and Halstead live across the street from each other in
a subdivision in which homeowners are prohibited by deed restriction from keeping large
animals on their property. Jones discovers that Halstead is keeping a Shetland pony in the
backyard. Can Jones take action to enforce the deed restriction ?
A. Yes, because Jones can lore any other property owner In the subdivision to comply with the
deed restrictions.
B. Yes, because Jones is legally bound to report to the subdlvider any violation of the deed
restrictions.
C. No, because only a property cemer with land ad,olning Halstead's can take action agalnst
Halstead.
D. No, because Halsteads onership rights take precedence over deed restrictions.
Answer: Realty Transfer Fee ( RTF) - Question>>>In New Jersey, the fee which must be paid
when fee simple title to a parcel of real state passes for a consideration from one party to another
is the?
Answer: Residential lots of less than one acre - Question>>>All of the following types of out of
state real estate marketed in New jersey through the New jersey Brokers must be registered with
the Real Estate commission?
a)Office condominiums.
b)Residential lots of less than one acre.
c)Residential golf course condominiums.
d)House and lot packages where the purchaser intends to occupy the property as a principal
residence
Answer: It reduces the risk of loss due to title defects - Question>>>Title insurance has allowed
for more accessible loans for buyers because?
A. lender policies can add exemptions to the owners policies
B.it reduces the risk of loss due to buyer default
C.It reduces the risk of loss due to title defects
D.lender policies are paid for by the buyer
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