compare with Tex book pages
1. Umbrella liability
Liability Umbrella insurance increase liability coverage
2. Real Estate, US
1031 Like Kind Exchange of Real Estate
3. Person who put it on only can remove a private deed restriction.
4. If it is illegal,others can remove a private deed restriction.
5. If a person dies intestate and with no know heirs, his property escheat to NYS.
6. 255616 = (286K - ((286*.07)+9220+1144))
7. All residential electric circuits operate at 110 volts.
8.sale & lease back
to invest real estate asset into the bussiness
9. real estate license to perform residential and commercial transaction
10. Tenant pays all expenses : taxes, insurance, CAM Common Area Maintenance
11. 36,000 = 12 X 3K
12. useable, carpetable, net square feet
13. escape clause 120
A seller accepted an offer to sell their house contingent on the buyer selling their house first
14. estate for years 132
Leasehold estate set to last for a definite period (e.g. 1 week, 3 years)
15. grantor signs a deed of conveyance
16. quitclaim - to clear a cloud on title
17.block & lot
18.seller pays the transfer tax 2 for $500
19. 275517 = (2.3 X 43560 X 2.75)
20.7.6 : I/RV, I =RV, V = I/R, R =I/V
21. projection for future, factual
22. 21% = (28000 - 22000)/28000=.2142
load, loss factor = (rentable - usable ) / rengable
23. reapply 1 year If DOS revokes license
24. exclusive right to sell Listing agent - open( seller)
25. express agreement
express, implied,unilateral,bilateral, executory, executed 127
26. price fixing 64
27. No
28. fee simple Estate 90 ( Freehold vs Leasehold)
29. tenancy by entirety 92
30. attach to any & all real estate, a specific piece of collateral 103
31. judgement lien
32. voidable, forceable
33. 6410 = (300K-50K)/39
34. 48,000 single 250K marriage 500k (600K -50K) = 548K -500K
35. pass & throughs 420
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