Considered a “questionable conveyance of title” by most cour…
Considered a “questionable conveyance of title” by most courts, which of the following types of deeds is worded to imply no claim of title, but rather only conveys what interest the grantor actually has? (Hint: This type of deed may be used by a developer to convey certain lands of a subdivision to the local government through dedication.)
Read DetailsA contemporary planning movement that explicitly advocates a…
A contemporary planning movement that explicitly advocates a traditional grid pattern of development designed to give pedestrian life priority over motor vehicles (e.g., including narrowed streets with houses close to the street and garage access through side alleys) is commonly referred to as
Read DetailsThe City of Grand Rapids installed a new water main on Oak S…
The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay his or her proportional share of the cost, the city may file a(n)
Read DetailsUnlike other forms of evidence of title, title insurance gua…
Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?
Read DetailsInvestors in real estate can choose to hold properties direc…
Investors in real estate can choose to hold properties directly in the private market or indirectly through publicly traded real estate securities. The market for buying, selling, and leasing real estate can be characterized by all of the following except
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