Traffic flow is of greater concern to developers of:
A. warehouses
B. shopping centers
C. industrial parks
Answer: B
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What procedures must take place prior to the conveyance of government-owned real property?
What will be an ideal response?
Dexter and Helen purchased a house one year after their marriage for $100,000. At the time of their divorce 15 years later, the mortgage had been paid off and the house was appraised as having a current equity of $200,000. The court determined that Helen’s equitable percentage of this asset was 40 percent. Helen “bought out” Dexter’s share of the house by transferring to him another asset worth $120,000. The deed to the house was transferred to Helen’s sole name. Ten years later, Helen sells the house for $280,000. If the capital gains tax rate at that time is 20 percent and Helen is not eligible for any exemption, Helen will owe ______________________ in capital gains tax.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
1. A notice served upon interested parties may be done so by publishing a notice in a general circulation newspaper. 2. A self-proving will does require the personal representative to produce a witness at the time the petition for probate is filed. 3. If a self-proving affidavit was executed, the witness will only be required to testify if the will is contested. 4. A personal representative is always required to post a bond. 5. Once a person dies, their Social Security Number is recycled and used for newborn babies.
Accordingto Rule 45 of the Federal Rules of CivilProcedure, the is responsiblefor issuing subpoenas.
Fill in the blank(s) with the appropriate word(s).