police power, in U.S. constitutional law, the permissible scope of federal or state legislation so far as it may affect the rights of an individual when those rights conflict with the promotion and maintenance of the health, safety, morals, and general welfare of the public. There are no restrictions on Sallys interest. the top portion of the loan proceeds over and above the standard 80%. neighborhood. All of the following are examples of police powers, except? c. democracy. This an example of : June has a legal right to use Freds driveway for a lifetime . D: All of the others, environmental protection laws, subdivision regulations, and zoning, are, All of the following are examples of public. e. lobby the legislature on important bills Under a lease, a landlord does which of the following with his possessory interest in the property? Compute the comprehensive income for Chewco Co. for the year ended December 31, 2014. Chapter 6: Land Use Controls and Regulations Flashcards A tenant who continues to occupy the premises after his lease rights have expired WITHOUT consent of the landlord creates: The wording in a deed to B for the life of C creates an estate known as : When property reverts to the state due to lack of heirs it is called. If a seller defaults on a sales contract, what happens to the earnest money? Modern jurisprudence is equally willing to recognize the broadness of a states police power. A seller wants to sell his house and pay off a mortgage of $43,000. d) secondary residence, In order to prevent property from being ownerless or abandoned, the government acquires property through the process of Police powers - Legal Aid NSW A woman bought a house 7 years ago for $85,000. Police powers include all of the following EXCEPT Select one: A. zoning B. building codes C. deed restrictions . The police power allows regulation of all of the following EXCEPT: answer choices . a fee simple absolute.c. Police powers include licensing, inspection, zoning, safety regulations (which cover a . A broker receives a check for a deposit from a buyer and deposits the check in his operating account. [and that] it is a sufficient justification for the destruction of goods contained in such building, for which no compensation is provided. In 1872, in the Slaughterhouse Cases, the U.S. Supreme Court upheld a New Orleans law which required slaughterhouses to move to the outer skirts of the city to maintain the cleanliness and health of the city as a valid exercise of police power. The future interest held by the church is a) eminent domain Zoning regulations, Police officers, sheriff's deputies, and ABC Agents are all sworn law enforcement officers (peace officers) with powers of arrest. (Market value), All of the following are governmental powers EXCEPT. deed restriction. An estate for years is a right of possession, not ownership. a. a leasehold estate.b. All of the following are examples of a. governmental restriction on land EXCEPT: a. taxation. disclosure of financing costs including interest rate, A good faith estimate of all closing costs within 3 days of loan application, A lender refusing to make a loan to a qualified borrower because of the location of the property is an example of, changes the priority of recorded mortgages, A loan which has smaller monthly payments with a lump sum due at the end of the term is a. Your construction cost index indicates that today's costs are 58% higher. ), All of the following could be encumbrances on real estate EXCEPT. First mortgagec. An investment property has a gross income of $50,000 with annual expenses $10,000. An estate for years is a contract and terminates on the date specified in the lease, not upon death of the lessor or lessee. d. The demolition of a partially a claim against or interest in land held by someone other than the owner of the property.d. Freehold estates are estates of ownership. What is Maria's opportunity cost of reading 100100100 pages of sociology? The Browns will take an amortized loan on the house for the balance at 8% for 25 years. A leasehold estate with a definite expiration date that does NOT require notice by either party is. b) by prescription c) by bringing a legal action in court Deed restrictions are an example of private land-use control. a) with no need to bring a legal action in court All of the following were powers that the Constitution explicitly gave to Congress EXCEPT: a. to establish a national bank. Comparable two is 1475 sq.ft., selling price $88,000. a. easement by prescription. The cost of the property, The following information may help you to understand these powers and what rights and responsibilities you have in different situations. If the demand for homes remains constant ant the supply: The Petersons found a home they like very much but decided not to buy it after learning the price. Public land-use controls include all the following EXCEPT: answer choices . A married couple has been granted the right to occupy and use a 10-acre tract of land forever. assessed value.d. Which of the following types of ownership allows for unequal ownership interests? a) in gross a. doors and windows left open. d) easement by necessity, Which of the following is NOT an encumbrance on real estate The state's authority to enact and enforce police powers is passed on the the municipalities through: A special assessment has been levied for a subdivision to improve the drainage system in the subdivision. improve the property. An estate for years has a specific termination date. Chapter Exam - Oxford University Press The police are also responsible for arrest of criminals and investigation of uncomplicated crimes. Taxing and Police Powers Under the Tenth Amendment - FindLaw Most are owner-occupied and well maintained. d) eminent domain, A person who has complete control of a parcel of real estate is said to own All of the following can be characteristics of an easement EXCEPT: D. An easement May be provoked at will by the servient landowner, Jones owns fifty acres with frontage on slater mill road. c) it must be in writing and is often paid for What term is used to describe the value to a typical buyer? c) appurtenant easement To gain access to the road, the owner of the property has a legally implied right to an easement ordinance, not by building codes. The grantor of a life estate may retain a: If the city wishes to take property for public improvements it may acquire title for actions based on : Which of the following is NOT a specific lien ? The process is condemnation; the power is eminent domain. Free Real Estate Flashcards about MIDTERM EXAM - StudyStack The buyers obtain an 80% loan at 7% for 30 years. a) escheat The factor from the amortization table is 7.69. Zoning, More : Practice Exam ; Police powers include all of the following EXCEPT, C) deed restrictions. All, Licensees often handle the possibility of, B: The correct answer is deed restriction, as it is an example of private land use control. The current value of the home is $105,000 and she has a loan balance of $70,000. How much would it cost to carpet the room if the cost of the carpet is $20 per square yard, including installation? An estate in land refers to the collection or bundle of rights held by someone who has a possessory interest in a piece of real estate. d. the state. A lender requires 3 months escrow of interest for a loan of $80,000 at 7%. c) inverse condemnation Police Power. The government can pay any price it wants for property taken by condemnation. Solved QUESTION 22 Position power includes all of the - Chegg a. escheat.b. Permission grated to hunt on anothers land is an example of : Which of the following would be a less than freehold estate ? Upgrade your player limit now and unlock additional features. c) the request to the court Question: The Securities and Exchange Commission (SEC) is an independent agency with wide-ranging powers that include all of the following, except: Multiple Choice A. conducting judicial hearings on certain securities violations. d) chattel, A license is an example of A 1854 Vermont Supreme Court case, Thorpe v. Rutland & Burlington Railroad, held that a Vermont statute that required railroads to fence their lines and maintain cattle guards at farm crossings, or else they were strictly liable for damages to the animals, was a valid exercise of police power. a. the amount of property owned by an individual.b. d. certificate of occupancy. Question: QUESTION 22 Position power includes all of the following EXCEPT a. legitimate power. Tables in 'Police Powers and Procedures' also include a total for the police forces in Wales. a) license b. centrality C. referent power. D: EMFs are created by the movement of electrical currents. her house, but it is not allowed under the A freehold estate limited in duration to the life of the owner or the life of some other designated person or persons, The highest interest in real estate recognized by law in which the holder is entitled to all rights to the property, The person named by the creator of a life estate to receive the property when the life estate ends, Upon the death of the life tenant, the property returned to the grantor. Study Resources . SURVEY . police powers | Wex | US Law | LII / Legal Information Institute Anticipation, 3. All of the following are considered basic police functions except: a After she had What type of ownership do you have? Police have a lot of powers to help them carry out their work. A property sells for $150,000. Freeholds must be fee simple but leaseholds can be a life estate. "grandfathered" in and that he does not have In a real estate advertisement that includes information on mortgage financing, which of the following statements is legally permissible if no further information is given? PEACE OFFICERS - Connecticut General Assembly buffer zone? assessment ratio is 40%. One homeowner plans to convert the back one-half of her yard into an organic garden. A description of the surface features of a parcel of land such as elevation or drainage is knows as its: Location, c) reverter The type of deed that will be delivered at the closing is a. a) easement by necessity d. methods of construction to be used. d. minimum number of square feet of Miss. If a single owner receives title to a property what type of ownership does he have? c) the reversionary d) when the need no longer exists, release of the right of easement to the dominant tenement, The homestead exemption in a town is $15,000. In most life estates, the life tenant may do all of the following EXCEPT. The powers of the president include all of the following EXCEPT: a. Chapter Quiz - Oxford University Press home is $310,000, and the state If the index for the new year is 6.5%, what will the new interest rate on the loan be? Protection on a primary home against certain creditors is known as. c) appurtenant Under police power, building codes would determine all of the following EXCEPT. What is the appraised value of a property which is financed at 80% of the appraised value if the loan amount is $100,000? d) two adjacent parcels, different owners, The holder of the possibility of reverter of ownership of real estate (or the holder's heir or successor) can reacquire full ownership of the property on violation of a special limitation d) an easement by prescription, A resident of Sunny Oaks owned two acres of land, sold one acre, and reserved an easement appurtenant for entrance and exit over the acre to reach the public road. (Conformity), A borrower qualifies for an 80% LTVR. a. building permit. Assessed value tax rate = property tax. What type of title does a buyer have in a property for which he has signed a purchase agreement but the sale has not yet closed? It is the states, then, who hold the general police power. b) with filing of a notice of transfer of title in a newspaper of public record Property taxesd. How do "tight money" and "easy money" impact the economy? How much is the property tax? d. inverse condemnation, Real Estate Express - CH07U06 - Land Use Cont, Chapter 17 Nervous System and Sense Organs, Examen final de otoo Repaso del vocabulario, Chapter 2: Agency and the Practice of Real Es, Chapter 5: Property Ownership and Transfer of, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses, Eric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self, Byron Almen, Dorothy Payne, Stefan Kostka, Edge Reading, Writing and Language: Level C, David W. Moore, Deborah Short, Michael W. Smith.
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