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Exam (elaborations)

Barney Fletcher Real Estate Exam Questions with CORRECT Answers (Grade A+)

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Barney Fletcher Real Estate Exam Questions with CORRECT Answers (Grade A+)

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Barney Fletcher Real Estate Exam Questions with
CORRECT Answers (Grade A+)

Question 1:
False
Answer:
Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real
estate. T/F?

Question 2:
D
Answer:
Mineral rights are: A. Always considered to be personal property B. Always pass with the land C.
Cannot be sold separately from the land D. Pass with the land, unless otherwise specified in the deed

Question 3:
C
Answer:
Which of the following is NOT an improvement of land? A. Building B. Sidewalk C. Corn crop D.
Flower bed

Question 4:
A
Answer:
Six months after Brady bought his home, he installed custom made storm windows and doors
throughout the house. Later, when he sells his property, will these storm windows and doors
automatically convey with the house? A. Yes, unless in advance of the sale, Brady clearly specifies that
they will be removed. B. Yes, if he lived in the property at least a year before the sale. C. No, because
they were not part of the original structure D. No, because they can be removed, if they are taken off
carefully

,Question 5:
A
Answer:
David owns property along the banks of the Little Big Horn River. Scott owns property adjoining
David's, and has access to the highway, but not to the river. Scott and David grant each other
appurtenant easements to cross each others property to get to the road and the river respectively. The
riparian rights associated with property ownership belong to: A. David because his property borders the
river B. Scott, because he has an easement to cross David's land C. Both David and Scott D. Neither

Question 6:
C
Answer:
Which of the following is NOT a test of a fixture? A. Manner of attachment B. An agreement between
the parties C. Time of attachment D. Manner of adaptation

Question 7:
B
Answer:
Which of the following best describes a parcel of land? A. The surface of the earth including control of
all minerals and substances beneath B. The surface of the earth extending down to the center and
upward to the sky C. The earth's surface closely marked by certain boundaries D. The surface of the
earth extending down a reasonable distance and up into the air a reasonable distance

Question 8:
False
Answer:
Littoral rights is a term referring to all water rights T/F?

Question 9:
C
Answer:
Each of the following is a test of whether or not something is a fixture, EXCEPT: A. Method of
attachment B. Adaptability C. Cost D. Relationship of the parties

,Question 10:
Ownership
Answer:
The right of one party to possess and use real property exclusive of others is:

Question 11:
C
Answer:
A prospective buyer noticed an ornate flag pole attached to the front porch of the house she wants to
purchase. She wants to make certain that the flag pole is included in the sale. What should the agent
do? A, Because the pole is attached and will automatically convey B. call seller and advise them the
buyer wants the pole C. include the flag pole in the offer to purchase D. photograph the flag pole as
evidence of its attachment

Question 12:
B
Answer:
A couple is interested in buying a house that has an odd shaped living room. The current owners had a
custom-made, free-standing bookcase built to specifically fit into one part of the room. The buyer
believes this is a fixture because it is uniquely adapted to this specific room. The seller believes this is
not a fixture because it is free-standing. To avoid any misunderstandings, what should the listing
licensee do? A. Assure the seller there is nothing to worry about B. Include a provision in the
agreement of sale (and listing contract) that states whether the bookcase is included with the sale or not.
C. Assure the buyer there is nothing to worry about D. File an interpleader action in court

Question 13:
B
Answer:
Real property would include: A. Fixtures B. Each of these choices C. Air space D. Mineral rights

Question 14:
a fixture
Answer:
Personal property which is attached to a building and which will convey with the land is known as?

, Question 15:
B
Answer:
All of the following are personal property EXCEPT: A. Trade fixtures B. a privacy fence C. patio
furniture D. portable dishwasher

Question 16:
assemblage; plottage
Answer:
Merging two or more properties into common ownership is known as _____, while any increase in
value that results is known as _____.

Question 17:
Situs
Answer:
Two real estate developers are working on similar but competing commercial developments. Both
projects are finished at approximately the same time and are of similar quality and purpose. Which of
the following would most likely characterize the reasons that one succeeds while the other fails?

Question 18:
erosion
Answer:
When the action of water causes moves soil away from a property, that is referred to as:

Question 19:
C
Answer:
Zorba leases a restaurant. He installs ovens, booths and counters. Which of the following is true? A.
The ovens, booths and counters are fixtures that belong to the owner of the property and cannot be
removed B. The ovens, booths and counters are trade fixtures and can be removed by Zorba at any time
prior to or after the expiration of the lease. C. The ovens, booths and counters are trade fixtures and can
be removed only prior to the expiration of Zorba's lease D. Zorba is not responsible for any damage
caused by the removal of the fixtures

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