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qurat.ain46 qurat.ain46
wrote...
Posts: 535
Rep: 7 0
6 years ago
Explain the doctrine of equitable conversion.
 
  What will be an ideal response?

Q. 2

What is an estate in land?
 
  What will be an ideal response?

Q. 3

An analysis of several demographic and economic factors in a local market to determine if a proposed use of real property would be profitable, is a:
 
  a. Site analysis
  b. Mixed-use study
  c. Highest and best use analysis
  d. Feasibility study

Q. 4

List two to three possible remedies provided Buyer under the UCC.
 
  What will be an ideal response?

Q. 5

List the five types of multiple ownership of property that may exist.
 
  What will be an ideal response?

Q. 6

The residential condominium concept has been expanded to include:
 
  a. Shopping center condominiums
  b. Business condominiums
  c. Retail condominiums
  d. None of the above
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Replies
wrote...
6 years ago
(Answer to #1)  Once a contract for the sale of land has been entered into, the risk of loss passes from the
seller to the buyer.

(Answer to #2)  An interest in realty, either a freehold or a leasehold.

(Answer to #3)  D

(Answer to #4)  Any of the following:
cover and sue for damages, demand specific performance, resell goods, cancel sales
agreement

(Answer to #5)  Tenancy in common, joint tenancy, tenancy by the entirety, community property, tenancy in
partnership.

(Answer to #6)  B
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