Land and Real Property Terms Unit 1 Law Test Study Set Flashcards

Land and Real Property Terms | Unit 1 Law Test Study Set Flashcards What is the method of attachment?The method of attachment test is based on how and whether the item is permanently affixed to the property. If the fixture is permanent, it is considered real property and should not be removed.The courts use three primary tests to determine whether

something is personal property or real property. These are:

method of attachment, agreement, and adaptation. What does method of attachment test?The test is based on how and whether the item is permanently affixed to the property.The test is based on how the item is situated to the real estate.The test is based on what the parties have decided (usually captured in writing) as to whether an item will stay or go.The test is based on whether the item is accepted as part of the property or not.The test is based on how and whether the item is permanently affixed to the property.What happens to the classification of plants when they are detached from the soil?They become emblementsThey become personal propertyThey become real propertyThey remain real property They become personal property A tenant installs a specialized oven in a rented bakery.What type of property is the specialized oven?ChattelEmblementReal PropertyTrade Fixture Trade fixture What action must be taken if a seller wants to remove plants that are part of the real property?Detach the items after the sale is complete.Ensure plans are agreed to in writing by the buyer.Obtain verbal agreement from the buyer.Provide a list of items to be detached.ensure the plans are agreed to in writing by the buyer Which of the following is an example of a fixture that is real property?Above-ground pool and pool accessoriesBathroom mirror hanging on a hookPhotos and wall hangingsShelves attached to the wall with brackets Shelves attached to the wall with brackets A business owner installs specialized equipment in a rented building. Which of the following terms best describes the equipment?ConveyancesFixturesPersonal propertyReal property Personal property Which act created federal regulations for the construction of manufactured homes?Fair Housing Act of 1968Manufactured Homes Community Rights Act of 2012Mobile Home Park Rights Act of 2010National Manufactured Housing Construction and Safety Standards Act of 1976 National Manufactured Housing Construction and Safety Standards Act of 1976

Which entity regulates and enforces the construction methods of manufactured homes?HUD's Manufactured Housing Program