1000+ QUESTIONS AND 100%CORRECT
ANSWERS GRADED A
Gareth inherits a plot of land from Jessie. A year later, he sells half of the property
to kim. A year later, she gives her half to Alex, who sells the mineral rights. This
series of events best represents the legal property of:
A. Control
B. Disposition
C. Possession
D. Quiet enjoyment - ANSWER-Disposition
Which is not an example of an improvement?
A. the barn on the back of the property
B. the fence running along the edge of the property
C. the line of pine trees planted along the edge of the property
D. the sewer line running along the front of the property. - ANSWER-the line of
pine trees planted along the edge of the property
Jill buys a house from jack. She assumed that the curtains would be included in the
price, even though they were not listed in the agreement of sale. What is the best
argument Jill could make to persuade a judge if this goes to court?
A. Jack mentioned that they went with the house.
B. My agent assured me they were included.
C. The curtains were custom-made for the odd-shaped window.
D. The curtains were in the ad that appeared in the paper. - ANSWER-the curtains
were custom-made for the odd-shaped window
,Otis rents and empty storefront to open a restaurant. He attaches a pizza oven to
the floor and wall of the kitchen. the oven was installed by the ____________ and
is ____________ property.
A. Landlord/personal
B. Landlord/real
C. Tenant/personal
D. Tenant/real - ANSWER-Tenant/personal
Real Property can be divided into corporeal and incorporeal. Which would be an
incorporeal right?
A. an easement
B. fences and walls
C. All improvements
D. a house and barn - ANSWER-an easement
Physical land, its attachments, and its bundle of rights is known as
A. Land
B. Real Estate
C. Real Property
D. Real and Personal Property - ANSWER-Real Property
Shelving and counters are securely fastened in a leased retail store. Such items are:
A. realty
B. Fixtures
C. Trade Fixtures
,D. None of these. - ANSWER-Trade Fixtures
Which is NOT an appurtenance and, therefore, does not pass with a standard
warranty deed?
A. trade fixtures
B. trees
C. Shrubs
D. custom Window blinds - ANSWER-trade fixtures
Patents, trademarks, copyrights and royalties are an example of:
A. Corporeal realty
B. Tangible realty
C. incorporeal realty
C. intangible personalty - ANSWER-intangible personalty
An article may be changed from realty to personalty by:
A. Annexation
B. Severance
C. Verbal Declaration
D. Order of the commissioner - ANSWER-Severance
Brett bought a farm, and two tractors were included in the sale. What is required at
the settlement to transfer ownership of those tractors?
A. bill of sale
B. Deed
C. purchase agreement
, D. sales contract` - ANSWER-bill of sale
Which of these is NOT considered when determining whether an item is a fixture
or personal property.
A. intention of the annexer
B. manner of annexation
C. Value of the annexed item
D. Relationship of the parties - ANSWER-value of the annexed item
Which of the following is personal property?
A. appurtenances
B. fixtures
C. trade fixtures
D. shrubbery - ANSWER-trade fixtures
Which is NOT an example of an attachment?
A. a basketball hoop that is moved into the garage in the winter
B. a greenhouse that is built off the garage
C. the lily pond in the backyard Japanese garden
D. uncut roses on a rose bush planted by the back door - ANSWER-a basketball
hoop that is moved into the garage in the winter
Which item is LEAST LIKELY to be a fixture?
A. the built-in washer that's at the repair shop on the day of closing
B. the curio cabinet in the living room that matches the room's decor
C. the keys to the house