Real Est. Test #1 Matching
| Compentent parties, legal subject matter, offer, acceptance, consideration |
| To give an opinion of value for a fee |
| An insurance policy that will reimburse a property owner or mortgage lender for losses caused by title defects or encumbrances. |
| An owner's right to peaceable possession and not to be subject to adverse ownership claims by others. |
| TYPICAL BUSINESS OWNERSHIP TYPES |
| LLC (most typical), C Corporations, partnership, general partnership: full liability, limited partnership: limited liability |
| Personal property that is moveable and not part of the real estate. Also called personalty. |
| Land itself cannot be destroyed |
| Transferred temporarily for a purpose; i.e. a school being donated to stay a school |
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