New Homes LLC Develops and Sells a Subdivision of Apartments

question 41

Multiple Choice

New Homes LLC develops and sells a subdivision of apartments and town houses. A list of restrictions on the uses of the dwellings and common areas is included on the subdivision's map, which is filed in the appropriate public office. Each owner of a residence will be held to have constructive notice of the restrictions if

• A) the map is filed before construction begins.
• B) the restrictions are presumptively fee simple absolute.
• C) the owner's possession of the property is actual and exclusive.
• D) there is a reference to the map on each deed.

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Definitions:

Normally Distributed

Refers to a theoretical distribution whose random variable values are symmetrically distributed around the mean, having a specific bell-shaped curve.

Sample Sizes

The number of observations or individuals included in a sample from a population, which impacts the reliability and validity of statistical estimates.

Treatments

In experimental design, treatments refer to different conditions or interventions applied to study subjects to observe possible changes in response variables.

ANOVA Table

A table used to display the sources of variance in a dataset and the results of an Analysis of Variance test.