(Final Exam Practice Questions 2026)
1. Real property includes:
A. Furniture only
B. Land and permanently attached improvements
C. Personal vehicles
D. Clothing
Answer: B
2. Which characteristic of land refers to its fixed location?
A. Scarcity
B. Situs
C. Improvement
D. Utility
Answer: B
3. Personal property that becomes attached to real property is known as a:
A. Chattel
B. Fixture
C. Easement
D. Lien
Answer: B
4. The right to use, possess, and transfer property is part of the:
A. Title Policy
B. Deed Restriction
C. Bundle of Rights
D. Lease Agreement
Answer: C
5. Fee simple ownership represents:
A. The highest form of private ownership
B. A leasehold estate
C.A life estate only
D. A temporary interest
Answer: A
6. A person who receives title through a deed is the:
A. Grantor