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Flashcards in Common Misses Deck (16):
0

Who benefits from a standard TIP

Grantee

1

In a correctional township, fractional sections are...

North and west sections

2

What type of survey are boundaries, easements, and measurements shown, but Orientation of house is not shown

Lot and block

3

When do property taxes become a lien

Jan. 1

4

When a party owns land on a non navigable stream, they hold title

To the low water mark

5

After foreclosure, which lien is in first position

Property taxes

6

Husband and wife own community property

Husband dies

Who received husbands half.

Heirs

7

Property that is in foreclosure has had a valid homestead recorded.

What is the status of the foreclosure

Foreclosure will continue as normal

8

Who appoints real estate advisory board

The governor

9

A listing agreement is also known as

A contract for personal and professional services

10

When grandfathered water rights are reclassified and now can be sold separate from the land

This reclassification is known as

Type 1

11

After mortgage forclosure, excess monies go to

Mortgagor

12

Who carries out "power of sale" in deed of trust.

Trustee

13

What does not apply to adjudicated water rights

It does not apply to all underground streams in AZ

14

Which party holds naked title in a deed of trust

Trustor
Trustee
Beneficiary
Mortgagee

Trustee

15

If tenant abandons property and leaves personal property behind, how long does landlord hold tenants property.

10 days