Accretion results in the acquisition of title to real estate by which of the following methods?
a. Eminent domain.
b. Acquisition through natural causes.
c. Transfer through a valid will or intestate succession.
d. Acquisition of title by adverse possession.
Answer: b. Acquisition through natural causes.
You might also like to view...
Which of the following is TRUE concerning the ethical use of career technology?
a. Career counseling do not have to inform clients of the limitations related to maintaining confidentiality when using career technology b. When using career technology, it is the client's responsibility to ensure reasonable access to computer application c. Career counselors do not have to verify their client's identity when using career technology as doing so would result in violating confidentiality d. Career technology can be used to provide career information, vocational assessments, integrative career services, and data bases of job openings
The maximum potential income which any income-producing property is capable of generating is known as:
A: Gross scheduled income; B: Gross effective income; C: Net operating income; D: Net spendable income.