which of the following is an example of real property course hero

What is the traditional term for personal property?

Which of the following is an example of real property? (A) Machinery (B) A computer (C) An automobile (D) A garage (E) Office furniture Answer : (D) 38. _____ will be listed as a liability on your balance sheet. (A) A money market deposit account (B) A checking account (C) Equipment (D) The cash value of a life insurance policy (E) An education ...

When there is a dangerous condition on a property the landowner?

Frank owns a real property business. All of the following are examples of real property trade or businesses except Select one:: a. A business that collects trash from real property Correct. Collecting trash from real property does not qualify as a real property trade or business. b. A business that constructs real property c.

What is the difference between real property and personal property?

Difficulty: Basic Learning Objective: 02-01 List three characteristics of rights that distinguish them from permission and power; list three components of property rights; distinguish between real and personal property; and define a fixture. Ling - Chapter 02 #2 32. A deed is a special form of written contract used to convey a permanent interest in real property.

What is the duty of a property owner?

Property owners have: (A) a duty to inspect premises for dangers and correct the problem or warn invitees of the dangers. (B) no duty to inspect premises for dangers and correct the problem or warn invitees of the dangers . (C) a duty to warn only minors of dangers on the property .

What is a deed in real estate?

A deed is: (A) the primary way to transfer ownership interests (title) in property. (B) the means by which the owner of property has legal possession of the property. (C) the means by which an owner of property sues when someone violates his property rights. (D) the cheapest way to file taxes on piece of property.

How many square feet are allowed in a single family home?

In some residential subdivisions, only single-family homes are allowed, and they must be at least 2,000 square feet, brick construction, with no dog houses. These terms are called: (A) deeds. (B) joint conditions.

What is a leasehold?

A leasehold is: (A) the interest a person holds in rented property. (B) the person who leases a piece of property to another person. (C) the person who holds a lease on a piece of property. (D) the legal document that details the terms of a lease.

What is the power of the police?

A local government's police power is: (A) the power to arrest disturbers of the peace. (B) the power to arrest people engaged or suspected of engaging in illegal activities. (C) the power to regulate behavior to protect or promote the general welfare. (D) the power to seize land without paying for it.