Albert borrows $200,000.00 from Bumble Bank. What is Albert known as? (Chapter 6)
Elbert is a home owner and wants to sell his property. Seve…
Elbert is a home owner and wants to sell his property. Several brokers come forward who offer to sell Elbert his home. Specifically, Francis, James, and Kevin are the potential brokers. Elbert has a hard time deciding which broker to choose from, so Elbert decides to list his property with all three brokers. On January 1, 2015, Elbert lists his property with Kevin. On February 3, 2015, Elbert lists his property with Francis. Finally, on February 28, 2015, Elbert lists his property with James. On March 3, 2015, Francis gets an offer from a potential buyer on the home. On March 15, 2015, Kevin receives an offer on the home. On March 29, 2015, James receives an offer on the home. All three transmit their offers to Elbert, and Elbert decides to go with James’s deal. What type of broker arrangement has Elbert created? (Chapter 12)
The ___________________________________________ Doctrine giv…
The ___________________________________________ Doctrine gives ownership to the landowner who uses the water first. (Chapter 3)
Only (a) persons supplying labor and (b) persons supplying m…
Only (a) persons supplying labor and (b) persons supplying materials can obtain a materialman’s lien on a piece of property. Contractors and subcontractors are not allowed to obtain this particular type of lien. (Chapter 6)
Relating back to the fact scenario in the question immediate…
Relating back to the fact scenario in the question immediately above, who holds the dominant estate? (Chapter 4)
Marketable Title is a form of title generally required to be…
Marketable Title is a form of title generally required to be delivered in the sale of property, and it signifies that that the property is free from liens and that there are no defects other than those noted or agreed to. (Chapter 13)
Relating back to the question above, this type of easement t…
Relating back to the question above, this type of easement that Calvin created is: (Chapter 4)
A/an ______________________________ is a liberty, privilege,…
A/an ______________________________ is a liberty, privilege, or advantage in another’s property. (Chapter 4)
The ____________________________ warranty of _______________…
The ____________________________ warranty of ______________________________ is between a landlord and a tenant, and it’s the landlord’s guarantee that the premises are fit for living and, if not, will be put into that condition. (Chapter 9)
Still relating back to Question #1, if there is a future int…
Still relating back to Question #1, if there is a future interest in someone besides the grantee, when will that future interest begin? (Chapter 2)