Question 13 The term _________ refers to industries that bring income into a reg

Question

Question 13

The term _________ refers to industries that bring income into a region from beyond its borders.

Encroachment

Economic base

Import

Gentrification

Question 14

Any part of a structure that extends beyond the land of its owner and onto the land of an adjoining owner is called a(n)

Encroachment

Easement in gross

Lien

Easement appurtenant

Question 15

What form of ownership is employed when one person transfers ownership to someone else to hold and manage for a third person?                               

Joint Venture

Joint tenancy

Trust

Severalty

Question 16

Which of the following is NOT considered to be personal property?

Furniture

Wall-to-wall carpeting

Stocks and bonds

An automobile

Question 17

If the government acquire private owned real estate through a condemnation suit, it is exercising its power:

Reversion                        

Escheat

Defeasance

Eminent domain

Question 18

The type deed that imposes the least liability on the grantor is a:

quitclaim dead

bargain and sale dead

general warranty dead

special warranty dead

Explanation / Answer

Question 13

The term _________ refers to industries that bring income into a region from beyond its borders.

Encroachment

Economic base

Import

Gentrification

Question 14

Any part of a structure that extends beyond the land of its owner and onto the land of an adjoining owner is called a(n)

Encroachment

Easement in gross

Lien

Easement appurtenant

Question 15

What form of ownership is employed when one person transfers ownership to someone else to hold and manage for a third person?                               

Joint Venture

Joint tenancy

Trust

Severalty

Question 16

Which of the following is NOT considered to be personal property?

Furniture

Wall-to-wall carpeting

Stocks and bonds

An automobile

Question 17

If the government acquire private owned real estate through a condemnation suit, it is exercising its power:

Reversion                        

Escheat

Defeasance

Eminent domain

Question 18

The type deed that imposes the least liability on the grantor is a:

quitclaim deed

bargain and sale deed

general warranty deed

special warranty deed

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