Is the following statement true or false and HOW? "If a Seller of Real Estate retains...

Is the following statement true or false and HOW? "If a Seller of Real Estate retains a life estate in the sold property it means that he sold his real estate to a third party but retained the right to own the property until his death."

Expert Solution

A life estate is property that an individual owns only through the duration of their lifetime. It is also referred to as a tenant for life and life tenant. A life estate is restrictive in that it prevents the beneficiary from selling the property that produces the income before the beneficiary's death. But the estate cannot continue beyond the life of the beneficiary.

conclusion: The given statement is 'TRUE'

ekkarill92 answered 2 years ago

Which of the following statement about the real estate development is FALSE ? Real estate development...

Which of the following statement about the real estate development is FALSE ? Real estate development includes five stages: land acquisition, construction, completion and occupancy, management and sales. The real estate development project subjects to the financial risk, scheduling risk and design risk in the construction stage. The most risky stage in the real estate development process is the sales stage. The most risky stage in the real estate development process is the land acquisition stage. Which of the following...

1. Explain why the following statement is true or false. 1)“A put seller is at risk...

1. Explain why the following statement is true or false. 1)“A put seller is at risk of losing money if the underlying price increases.” 2)“A call seller is obliged to buy the underlying share at the exercise price.” 2. What is the maximum profit potential if you long a call or put option?

Which of the following is true about real estate pricing? Real estate prices are always the...

Which of the following is true about real estate pricing? Real estate prices are always the same as the value of the real estate. Real estate prices are a function of the value of the real estate. Real estate prices are clearly observable in the market. Real estate prices can be influenced by the number of buyers and sellers active in the market. What type of easement is usually used for commercial purposes? Appurtenant easement Negative easement Gross Easement. Dominant...

True or False One of the positive features of commercial real estate as an investment class...

True or False One of the positive features of commercial real estate as an investment class is its liquidity.

1.Comparing infrastructure finance with real estate mortgage finance, which of the following statement is not true?...

1.Comparing infrastructure finance with real estate mortgage finance, which of the following statement is not true? a.Value of the underlying asset is the same to the creditor before and after default in real estate mortgage finance. b.Value of the underlying asset is the same to the borrower before and after default in real estate mortgage finance. c.Value of the underlying asset is the same to the creditor before and after default in infrastructure finance. d.Value of the underlying asset is...

True/False: Indicate whether the following statement is true or false. If it is false, indicate the...

True/False: Indicate whether the following statement is true or false. If it is false, indicate the reason. If it is true, indicate what makes it true. Just stating true or false will not earn any points. "It is not possible to have concave preferences."

Cycles in commerical real estate are generallt deeper and longer that economic cycles true or false

Is the following statement true or false and HOW? "Even if the initial offer of the...

Is the following statement true or false and HOW? "Even if the initial offer of the sale of stock is limited to purchasers who reside within in one state (such as Kansas) the offer must still be registered with the SEC under the 1933 Securities Act. "?

Mark the following statement as true or false. If you believe that the statement is false,...

Mark the following statement as true or false. If you believe that the statement is false, briefly say why you think it is false. A statistically significant chi squared in the test of independence implies a causal relationship between the variables that define a contingency table. Choose the correct answer below. A. The statement is false. A statistically significant chi squared indicates an association between the variables. B. The statement is false. A statistically insignificant chi squared implies a causal...

Please write “true” if the statement is true and “false” is the statement is false in...

Please write “true” if the statement is true and “false” is the statement is false in the space provided: ______ 1. A statistical hypothesis test tests the null hypothesis rather than the researcher’s hypothesis ______ 2. In most research situations, the goal is to reject the researcher’s hypothesis ______ 3. A decision to reject the null hypothesis means that the data do provide evidence of a treatment effect: the independent variable did have an effect on the dependent variable ______4....

Question