FREE AND STUDY GAMES ABOUT REAL PROPERTY PT 2

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FREE AND STUDY GAMES ABOUT REAL PROPERTY PT 2

EXAM QUESTIONS

Actual Qs and Ans Expert-Verified Explanation

This Exam contains:

-Guarantee passing score -27 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation

Question 1: kitchen sink installed in a home

Answer:

real property and a fixture Question 2: an important distinction between real and personal property is that real property is transferred by

Answer:

deed

Question 3: the most important economic characteristic of land is

Answer:

location

Question 4: an important characteristic of personal property is that it is

Answer:

movable

Question 5: water well pump installed by a landowner

Answer:

real property / fixture

Question 6: wheat or corn crops

Answer:

personal property Question 7: the new owner of a condominium received the right to use a parking space in a multi -unit building. this right is an example of

Answer:

an appurtenance

Question 8: bushes around a residence are

Answer:

real property Question 9: to determine whether an item is a fixture, the Most important test is whether

Answer:

the person who installed it intended for it to be permanent

Question 10: growing trees, fences, and buildings are all considered

Answer:

real estate Question 11: manufactured housing( mobile homes) is the term used for factory -built home as of

Answer:

1976 Question 12: a rural landowner has posted a number of no trespassing and no hunting signs on his property. which stick in the bundle of rights gives the landowner this authority

Answer:

exclusion

Question 13: booths installed by a tenant in a restaurant

Answer:

personal property and a trade fixture

Question 14: curtains installed by a tenant

Answer:

personal property Question 15: methods of annexation, adaptation of the item, and agreement of the parties are the legal tests for determining whether an item is

Answer:

real property of personal property Question 16: the law of the sea identifies national territorial waters as those extending from a baseline up to

Answer:

12 nautical miles Question 17: land rights, mineral rights and air rights are included in the definition of

Answer:

real estate Question 18: the developer added sewer lines and utilities and built two streets. what are these items called

Answer:

improvements Question 19: a sales contract explicitly excludes some rose bushes from the sale. the provision is necessary because the rose bushes are ordinarily considered to be

Answer:

real estate

Question 20: owners with littoral rights enjoy...

Answer:

unrestricted use of available waters, but they own land adjacent to the water only up to the average high water mark

Question 21: sidewalks and sewers in a subdivision are

Answer:

real property

Question 22: an example of an economic characteristic of land

Answer:

scarcity Question 23: a seller asked a real estate professional to draw up several documents relating to seller financing, under these circumstances, the real estate professional should,,,

Answer:

refer the seller to an attorney

Question 24: crystal chandelier hung from the ceiling

Answer:

real property / fixture

Question 25: pumps installed by a gas station tenant

Answer:

personal property and a trade fixture Question 26: a right or privilege tied to real property, although not necessarily part of the property is called

Answer:

an appurtenance

Question 27: another word for uniqueness is

Answer:

non-homogeneity