Maine - Real Estate Exam Prep Questions And Answers 100% Updated(SCORED A)

Fixture - ANSWERAn object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements - ANSWERBeneficial attachments to raw land that increase its value or improve its usefulness. Meridians - ANSWERImaginary north-south lines which intersect base lines to form a starting point for the measurement of land. Metes and bounds - ANSWERA detailed method of land description that identifies a parcel by specifying its shape and boundaries. Monument - ANSWERAn iron pipe, stone, tree, or other fixed point in making a survey. Personal Property - ANSWERA right or interest in things of a temporary or movable nature Real Estate - ANSWERLand, tenements, and appurtenances, whatever is made part of or is attached to it by nature or man; the land and all the improvements thereon. (Also real property) Recorded Plat - ANSWERA subdivision map filed in the county recorder's office that shows the location and boundaries of individual parcels of land. Riparian Right - ANSWEROwner's rights in land that borders on or includes a stream, river. Rights include access to and use of the water Appurtenance - ANSWERAny right or privilege which belongs to and passes with land. Emblements - ANSWERCrops nurtured in the year of the transfer or sale of the property. They are considered personal property.