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Keywords Florida
Immovable | |
Moveable | |
Mooveable | |
Immovable (chandelier ) | |
Business (personal propert= dental chair) | |
River (moving body of water) | |
Runs with land | |
NO fixed duration of ownership | |
Highest possible ownership | |
Possesses the property under conditions (no alcohol) | |
Ownership for persons life time | |
Limited period of time (lease) | |
Fixed period of time. Example( 6 months or July 3rd to sept 8th | |
Dead beat tenant | |
End any time | |
Month to month | |
Landlord pays taxes an insurance | |
Percentage of gross reciepts | |
Pays taxes insurance maintnance | |
Ownership | |
Sole ownership | |
More than one owner | |
Husband an wife | |
Limitations example a lien | |
Voluntary | |
Work done an you don't pay | |
Zoning r3 multifamily building codes an rent control | |
Exception | |
Commercial to residentail | |
None conforming | |
Tress pass (roach) physically intrudes | |
Money | |
Taxes | |
Mortage | |
Pending lawsuit | |
Court ordered to STOP | |
Title is not clear | |
Takes property for public use ( utilities, rail road, highways) | |
Compensation | |
Suing gov for compensation | |
Die no will gov takes | |
Additional land | |
Tearing away land | |
Gradual session of water level permanent land uncovered | |
No will | |
Will | |
Evidence of transfer( receipt) | |
Title | |
Should have known | |
History of ownership (title insurance) | |
Summary | |
Neutral (middle man) | |
Goes with person | |
Taxes an insurance | |
Without intention | |
Mixture of money | |
1-4 residential kick backs | |
Voluntary vacates the property | |
Possession but not responsibility | |
Buyer | |
Panic selling an panic peddling (selling) | |
Capable, mutual consent, consideration an legal | |
Duress | |
Promise for. Promise (listing agreement) | |
Promise for an act (option contract) | |
Completely preformed | |
Fixture | |
Appurtenance | |
Fee simple defeasible | |
Life estate | |
Specific lien | |
Executed contract | |
Writing | |
Time frame | |
Stop | |
New contract | |
Bilateral employment contract Employer is seller Broker finds buyer It's a type of exclusive agency | |
1 broker but owner can sell | |
No need to prove get paid no matter what | |
Illegal conflict of interest | |
Who ever brings buyer gets paid | |
Sell happens after time there's a protection period of time | |
Anything of value | |
Exageration | |
Intention | |
Without knowledge | |
STUD S=scarcity T=transferability U=utility D= demand | |
1+1=3 | |
Comparison approach | |
Cost to replace | |
Based on percentage of gross reciepts | |
Tenant pays taxes insurance and maintenance | |
Tenant pays fixed amount | |
Primary party is leader and a lessor | |
Height of building, set back, density, floor area ratio, buffers, buffer zones an variance. | |
Addresses incompatible, best use, livability an property value(local gov) no fed zoning laws | |
Closer together room for parks | |
Any use higher or lower | |
Combines complementary use residential an commercial | |
Only one type of land | |
Specific property (REZONE) | |
No longer permitted (grandfathered in) | |
Temporary halt on development | |
Safety clause | |
Work separately, isolated dense are an it's not pedestrian friendly | |
Work together, better planned area mix of use an pedestrian friendly | |
(Form based) unpaid volunteers, has final authority over subdivision plat approval- site plan approval- sign control | |
Reports to planning board (paid) | |
Population, Area economic base, existing land use, physiolography, recreation an community an thoroughfare | |
Continuing education | |
Is not exempt from pre licensing course 2 an post license | |
Regulate an enforce license laws | |
Putting clients first | |
Property an land | |
Duration of time | |
Set back, density, floor area ratio, buffer, buffer zone, down zoning an varience | |
Subdivision restricting number of houses per acre | |
Ratio of sq footage to land area. The floor area ratio can be used in zoning to limit the amount of construction in certain area. | |
Fence wall row of trees separating properties | |
Space of land between two use district. ex parks playground highway | |
Commercial to residential | |
Exception granted from zoning rule ex oddly shaped house | |
fulfilling a loan | |
Debt goes up not covering interest | |
Large payment due at the end | |
Loaned money | |
interest only | |
Insure lenders | |
36 sections | |
Clause in a mortgage is activated when paid in full | |
Runs north an south | |
East an west | |
5280 ft | |
3ft | |
9 sqft | |
27 cubic ft | |
1728 12x12x12 | |
Read description backwards, townships measure 6 miles x 6 6x6=36 sq miles. 36 sections each section 1 square mile also each section has an area of 640 acres | |
1 sales comparison approach 2 cost-depreciation approach 3 income | |
Physics deterioration Functional obsolescence External obsolescence | |
Most accurate method to describe both regular an irregular shaped parcels. Begin an end with starting point called point of beginning | |
Direction | |
Real property | |
Free hold | |
Net lease | |
Liens | |
General lien | |
Intestate |