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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 |
Created by:
vickiecox
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