Ch 12 Quiz Flashcards

Ch 1&2 Quiz Flashcards if a married person with two children dies intestate and leaves community property, the descendant interest passes to the surviving spouse In addition to the land and those things that are affixed to the land, certain other things called appurtenances are considered to be real property, which of the following is not real property trade fixtures The addition of a wood-burning stove in a family room, with the store pipe passing through the roof, is an example of personal property becoming a fixture which of the following is classified as personal propertyseasonal crops the right to possess, encumber, use, and enjoy a piece of property, to the exclusion of all others, would be an accurate description of property ownership permission to use underground waters, known as percolating waters, is owned by the adjoining owners for their reasonable use.There are implied warranties made by the grantor in a grant deed. Which one of the following is NOT implied the grantor holds a certificated of title to the property real estate law states that in order to be valid, a deed must contain a granting clause An investor leases a building to a tenant who then opens a retail store. The tenant installs a cash register. The cash register is best described as trade fixture a sequential list of owners for a parcel of real estate is called chain of title Airspate directly above a parcel of land is considered to bereal property before a deed is recorded, is must be acknowledged bythe grantor Erick Chinn bought a stack of lumber, which he placed in his backyard. Later he used some of the lumber to build a room addition to his house. He only used a portion of the lumber. The remaining wood is considered chattel and personal property In the U.S. government survey system, which lines run parallel to the principal base line township line an owner sells land, but reserves the mineral rights. Based on this, which of the following is true The mineral rights are the real property of the grantor the legal term referred to as real property includes all the following, except an unlimited use of the airspace above the property personal property differs from real property in many aspects and is legally know as both chose and chattel Ben's father passed away and left ben a ring in his will that ben had always admired with a sizeable sum of money.Ben received this gift as a bequest and legacy

in the early history of California, what group of explorers and colonizers where responsible for the development of presidios and pueblos spaniards GrandorSeller Real Property can be most completely defined as Land, Affixed to Land, Appurtenances, Immovable By Law A deed need not to be recorded in order to be valid, but must be delivered. Effective delivery depends on intention of the grantor The right to a reasonable use of the surface waters upon which a property owner's land borders is called riparian rights a legal definition of real estate includes many elements and parts. Which of the following items would NOT be a part of real estate farm equipment when describing or locating a pice of property using the metes ad bounds system, which of these would be classified as artificial markers.streets Which of these statements MOST nearly defines personal property an unharvested peach crop sold to canning factory which of the following is not required for a deed to be validdate when a gift deed is used to transfer title to real property, the deed may be set aside or voided by certain debtors of the grantor the connecticut case, Kelo vs. New London, was decided by a U.S supreme court ruling which had an impact on how private property can be taken to further economic development chang deeds to lopez and lopez takes possession but dose not record the deed. Chang then tells his friend jones about the deed to lopez. Chang then deeds the same property to Jones, who records the deed. Based on this information, title probably vests in Lopez A deeded easement of right-of-way over the land of another is considered to be an appurtenance the recording of a deed givesconstructive notice If a married person dies testate and leaves all community property, the decedent's interest passes to the whomever is named in the will A person who makes a will is thetestator (trix) which of the following is falselandscaping is considered personal property the rights of an owner are referred to as the "bundle of rights." Which of these is NOT one of these rights the unrestricted right to the use of riparian waters Under the treaty of guadalupe hidalgo in 1848, the united states acquired the territory of California from mexcio California became a state in1850 When anything is fastened or attached to real property in such a manner as to ensure its permanence, it is considered to be real property when possession of land includes open and notorious use for 5 years, hostile to the owner's wises, and payment of property taxes, this best describes adverse possession

the need to determine whether property is real or personal frequently arises. Which of the following would NOT be classified as real property stock in a real estate corporation who is competent to deed title to real estate married 16-year-old a majro railroad company plans to run a line across Kuan's property. If Kuan refuses to give permission, the railroad company can proceed to take action through the use of eminent domain how many square feet are in a acre43,560 which of the following is considered personal propertysilver removed from the ground and sent to the smelter Propery owners whose land borders a river have rights to a reasonable use of the water, know as riparian rights Which of the following is considered to be personal property mortgage contract the passing of title to the state because of the lack of heirs is called escheat the county recorder files deeds according to grantor-grantee index the sudden tearing away of land along a river with the re-depsit of the land on the other side of the river, downstream, is called avulsion courts frequently have to make a decision as to whether some item dose or dose not go with the real property when it is sold. In making their decision, they use the "five testes of a fixture." which of the following is not a test of a fixture.whether the property is being taxed title can be transferred from government to private owners using a patent if a court proceeds to confirm a probate sale, the first additional bid must be what percent above the original bid.10% on the first $10,000, 5% on the remainder Effective January 1, 2005 a California law called the domestic partnership act was created to give ______ many new rights and responsibilities Registered Domestic Partners Which of the following is considered to be real propertystanding timber sold with the land