Avulsion sudden change of the course of a stream.

Chapter 5- What Is Real Estate? Flashcards Subsurface rightsownership of minerals, oil and so on The Bundle of Rights of ownership of Real Estate would include which of the following

• Taxationb. Eminent Domainc. Devised. Habendum

Reliction occurs whena. land area gradually increases from the depositing of alluvionb. land area decreases from the action of an adjoining body of waterc. land area increases from the gradual withdrawal of an adjoining body of waterd. land owner fail to pay their taxes Avulsionsudden change of the course of a stream.An example of an incorporeal asset in land would bea. detached garageb. built in swimming poolc. Lake Viewd.Retaining wall Corporealtangible Alluvionsolid material deposited by a body of water.Steve Jackson is a tenant in a small house under one-year lease. Without consulting his landlord, Jackson installs awnings over the building's front windows to keep the sun away from some delicate hanging plants. Which of the following is TRUE

• by law, Jacksons landlord must pay for the awnings

before the rental period is overb. Because of their permanent nature, the awnings are considered to be personal propertyc. the awnings have become part of the real estate and cannot be removedd. the awnings are removable trade fixtures Bundle of rightspossession, control, enjoyment and so on Fixtureonce personal property, now real estate.Improvementmanufactured attachments to land.Manufactured, permanent additions to land are calleda. chattelsb. parcelsc. improvementsd. trade fixtures Parcelspecific tract of land Without prior written agreement, tenant fixtures belong toa. the tenant who installs them*b. the building ownerc. the building owner upon termination of the leased. the municipal lien holder Accretionan increase of land caused by the gradual depositing of solid material.Littoral rightsland bordering bodies of water affected by tides.Relictioncreation of dry land by the gradual withdrawal of water.The changing course of a stream or river is the process known as

• accretionb. avulsionc. relictiond. alluvion

Mineral rightssubsurface rights Landthe earth, including air above.Transfer of ownership of Chattels occurs through the use of a

• police powerb. deedc. contractd. Bill of sale

Molly Malloy owns land along the Passaic River. As a result, Molly may possess certains

• riparian rightsb. subsurface rightsc. air rightsd. solar

rights Which of the following items would NOT be a part of real estate

• fencesb. permanent buildingsc. farm equipmentd.

growing trees

Which of the following is NOT included in the definition of real estate?

• minerals in the earthb. the air above the ground up to

infinityc. treesd. Chattels A specific tract of land is known as aa. bundleb. parcelc. chatteld. riparian The owner of a large farm may lease to a gas-drilling company his

• riparian rightsb. subsurface rightsc. air rightsd. littoral

rights Hereditamentanything that can be inherited.Personal property, personaltyeverything that is not real property Real Estateland, improvements, and bundle of rights One would have to look at a federal map to identifya. riverfrontsb. major lakesc. navigable waterwaysd.uplands When the Salon moved in, the hairdresser installed three shampoo basins, four large plated glass mirrors, and custom workstation counters. Just before the expiration of the lease, the hairdresser has the right to remove

• everything but the shampoo basins, because they are

attached to the plumbingb. only the mirrors, and then only if hold in the walls are repairedc. all of the items mentioned above.d. nothing, because all the items became fixtures when they were attached.Legal tests of a fixture would include all of the following

EXCEPT:

• Intentionb. Annexationc. Erosiond. Adaptation

Chattelstangible personal property Real Proptery is often referred to as a bundle of rights. All of the following are included in the traditional bundle of rights except the right

• of exclusionb. to use the property for private purposes,

legal or otherwisec. of enjoymentd. to sell or otherwise convey the property Incorporealintangible Emblementsannual crops Trade fixtureremovable by tenants.Deviseleave real estate to someone by will.Riparian rightsuse of water by adjoining landowners Erosionthe opposite of accretion The attachment of an item of personal property to real property is known as a (n)

• fixtureb. estoverc. emblementd. inchoate interest

Air Rightsbelong to owner and land below.A tree that is real property can be turned into personal property by the process of

• Relictionb. conversionc. severanced. Foreclosure

Trade Fixtures belong toa. the business tenant who installs themb. the building ownerc. the building owner upon termination of the leased.the sate by means of escheat