Author: Anonymous

What is eminent domain, condemnation, and just compensation?  How are they related?  SEPARATE EXTRA CREDIT QUESTION: Why is it important to study real estate?

Which of the following tools of public land use control represents the earliest method of police power to regulate land use? (Hint: Standards for energy efficiency and sustainability are the most recent trends in the application of this land use control.)  

Considered a “questionable conveyance of title” by most courts, which of the following types of deeds is worded to imply no claim of title, but rather only conveys what interest the grantor actually has? (Hint: This type of deed may be used by a developer to convey certain lands of a subdivision to the local government through dedication.)  

Although deeds can only deliver what a grantor actually owns, they can still vary in quality. Which of the following types of deeds is considered to be the highest quality because it contains the full set of legal promises the grantor can make?  

A planned unit development (PUD) is a residential development that differs from traditional residential subdivisions in all of the following ways EXCEPT it  

Since most data for a given market study is not readily available, analysts must be creative in their use of data that they are able to obtain. The primary source for detailed household demographic information is  

The national government can have a significant impact on the value of real estate through;

The City of Grand Rapids installed a new water main on Oak Street. The city then decided to charge the property owners along Oak Street a proportional cost of the new water main. If a property owner refuses to pay his or her proportional share of the cost, the city may file a(n)  

Unlike other forms of evidence of title, title insurance guards the grantee against certain risks. However, there are a number of important limits to title insurance. Which of the following is an example of the limits to title insurance?  

A contemporary planning movement that explicitly advocates a traditional grid pattern of development designed to give pedestrian life priority over motor vehicles (e.g., including narrowed streets with houses close to the street and garage access through side alleys) is commonly referred to as