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When a corporation takes complete ownership of a property, it is considered to b

ID: 2648619 • Letter: W

Question

When a corporation takes complete ownership of a property, it is considered to be ownership in:

Joint tenancy

Tenancy in common

Severalty

Partnership

Urban sprawl is said to cause: 9eni D
A)   A crime.
B)   Urban decay and abandonment.
C)   Air pollution.
D)   All of the above are correct.

Which of the following is NOT an example of a basic industry:
A)   K-12 education
B)   Higher education
C)   Tourism.
D)   Manufacturing

In Local estate markets, changes in demand in the short term affect each of the following EXCEPT:
A)   Supply
B)   Sales of existing property
C)   Price
D)   Vacancy rates

All of these are reasons for probate EXCEPT:
A)   to confirm that the will is valid
B)   to ensure that the heirs do not fight among themselves
C)   to determine the exact assets of the deceased person
D)   to identify which persons get any of the estate

about real estate Finance. Need help please

Explanation / Answer

When a corporation takes complete ownership of a property, it is considered to be ownership in:

Solution-

Joint tenancy

Joint tenancy is unity of ownership. In order to form the unity of ownership four key elements must be present - possession, interest, time and title (PITT). Owners hold title as through they were one unit.

Urban sprawl is said to cause: 9eni D

Solution-

B)   Urban decay and abandonment.

Which of the following is NOT an example of a basic industry:

Solution-

D) Manufacturing

(Basic Industries generates money from outside the local economy)

In Local estate markets, changes in demand in the short term affect each of the following EXCEPT:

Solution-

A)   Supply

All of these are reasons for probate EXCEPT:

Solution-

B)   to ensure that the heirs do not fight among themselves

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