Aceable Agent Real Estate Course Exam Questions and Answers(RATED A+)
real estate - ANSWER-is the land plus improvements. Improvements - ANSWER-is any non-natural structure built on or affixed to land. Buildings, fences, decks, and roads are all examples of improvements, but a tree is NOT (trees are as natural as natural gets, Ernst !). Improvements MUST be permanently attached to land and are therefore considered real estate. Real Property - ANSWER-refers to all that PLUS the bundle of rights associated with real estate ownership. Permanent The Right of exclusion - ANSWER-gives an owner the right to tell trespassers (or anyone!) to get off their land. The right of possession - ANSWER-is the right to occupy, live, breathe, and do whatever on your property because you own it. This is also known as the right to use.
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