Van Ed FINAL Sticking Points Q&A Latest Update
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Van Ed FINAL Sticking Points Q&A Latest Update
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| Uploaded on: | May 13, 2025 |
| Last updated: | May 13, 2025 |
| Number of pages: | 5 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Van Ed FINAL Sticking Points Q&A Latest Update |
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Van Ed FINAL: Sticking Points | Q&A Latest 2025/2026 100% PASS A handwritten, signed but unwitnessed testamentary document would be a? - Answer -Holographic Will What are wills that are entirely oral? - Answer -Nuncupative Will Any modification or addition to a previously executed will is contained in a separate document called a? - Answer -Codicil Any easement running with the land and benefiting the dominant tenement is known as an? - Answer -Appurtenant Easement A valid 1031 Exchange requires that? - Answer -Like-kind property be exchanged An oral contract for the sale of real property is? - Answer Unenforceable Real property is given for public use by means of? - Answer -Dedication Gross Rent Multiplier = ? - Answer -Sales Price / Gross monthly income At the moment the seller an the buyer enter into a sales contract, a buyer's interest in the real property is known as? - Answer -Equitable Title If an executory sales contract stipulates that a specific sum be paid by any part breaching said contract, this sum is called? - Answer Liquidated Damages
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