Gold Coast final exam (2025) 100%VERIFIED |complete
QUESTIONS AND ANSWERS | GRADED A+.
Actual notice - (ANSWERS)own it
Constructive notice - (ANSWERS)record something in public records
How Is Real Estate Recovery Funded ? - (ANSWERS)by fees & fines
Eminent Domain - (ANSWERS)government has right to take away public
use citizens can't refuse to sell)
Immune properties - (ANSWERS)government owned
Lot & block - (ANSWERS)residential sub-division surgery system
Metes and Bounds - (ANSWERS)oldest method of land description &
provides the most accurate type of legal descriptions
What does the Real estate recovery fund do ? - (ANSWERS)reimburse
members of the public
, Gold Coast final exam (2025) 100%VERIFIED |complete
QUESTIONS AND ANSWERS | GRADED A+.
What is a township... - (ANSWERS)a township is 6 miles square contains
36 square miles
Each township contains ____ acres - (ANSWERS)640 acres
How many square feet are in an acre? - (ANSWERS)43,560
Kickbacks are illegal unless.. - (ANSWERS)someone has a licensed
Offer and Acceptance - (ANSWERS)Meeting of the minds or mutual
agreement- all parties concerned understand and agree to all the terms of the
contract
Overimprovement - (ANSWERS)An addition or change to property not in
line with its highest and best use
Statue of frauds - (ANSWERS)provides protection against fraud in the sale
of real property. Requires contract for the transfer of a right or interest in
land
QUESTIONS AND ANSWERS | GRADED A+.
Actual notice - (ANSWERS)own it
Constructive notice - (ANSWERS)record something in public records
How Is Real Estate Recovery Funded ? - (ANSWERS)by fees & fines
Eminent Domain - (ANSWERS)government has right to take away public
use citizens can't refuse to sell)
Immune properties - (ANSWERS)government owned
Lot & block - (ANSWERS)residential sub-division surgery system
Metes and Bounds - (ANSWERS)oldest method of land description &
provides the most accurate type of legal descriptions
What does the Real estate recovery fund do ? - (ANSWERS)reimburse
members of the public
, Gold Coast final exam (2025) 100%VERIFIED |complete
QUESTIONS AND ANSWERS | GRADED A+.
What is a township... - (ANSWERS)a township is 6 miles square contains
36 square miles
Each township contains ____ acres - (ANSWERS)640 acres
How many square feet are in an acre? - (ANSWERS)43,560
Kickbacks are illegal unless.. - (ANSWERS)someone has a licensed
Offer and Acceptance - (ANSWERS)Meeting of the minds or mutual
agreement- all parties concerned understand and agree to all the terms of the
contract
Overimprovement - (ANSWERS)An addition or change to property not in
line with its highest and best use
Statue of frauds - (ANSWERS)provides protection against fraud in the sale
of real property. Requires contract for the transfer of a right or interest in
land
