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Freehold title means that: Select one: a. The title is held under a fee simple...

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Question

Finance

Freehold title means that:

Select one:

a. The title is held under a fee simple arrangement

b. The mortgage has been repaid

c. There are no encumbrances showing on the title

d. All of these answers are correct

Fill in the gap with the best option. In general, the supply of real estate is said to be ___________ . Therefore, when there is a strong demand for real estate, the price for real estate tends to rise strongly.

Select one:

a. authentic

b. All of the other answers are correct

c. inelastic

d. limitless

e. restrained

You have a neighbour that accesses your driveway numerous times to access the side of their garage for cleaning and weed removal from the gutters. Which of the following answers is the most likely case that allows the neighbour to access your driveway?

Select one:

a. Under the Building Act, any neighbour is allowed to walk on another driveway to tidy their own property

b. None of the other answers are correct

c. If they have asked the Council

d. Under the Resource Management Act, any neighbour is allowed to walk on another driveway to tidy their own property

e. If the neighbours property has an easement over your driveway

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