vaned real estate - unit 1 : real property + ownership quiz || A+ Verified Solutions.

your next door neighbor states that you can remove some of his wonderful garden dirt to be used in your garden. the garden dirt _________ correct answers -becomes personal property when you put it in the wheelbarrow and becomes real property when you dump it into your garden _______ describes the rights, privileges, and improvements that go with a transfer of the land even though they may not be part of the land. correct answers -Appurtenant movable property, also known as chattels, is ___________. correct answers -Personal property as a part of the transaction, your buyer requests that the seller include the 3- wheeler and a golf cart with the sale. As a part of the request, the buyer also includes the parking shed they are currently housed in as well. The shed sits on a cement slab, but it is not affixed with tie-downs. Which of the following is NOT correct, given these terms? correct answers -1. The two vehicles can be transferred with a bill of sale. 2. The shed is an improvement. 3. The shed is an attachment.CORRECT ANSWER 4. All three items will be transferred via a bill of sale. A _________ is a document used to transfer personal property. correct answers -bill of sale _________ is an example of adaptation. correct answers -custom window shades The most important test of whether an item is a fixture or not is _____________ . correct answers -attachment True or false, a land description that identifies a parcel using a lot number within a specific block which lies within a specific track is known as lot and block? correct answers -true Which of the following are NOT classified as real property? correct answers -emblements Which of the following land description methods identifies a parcel of land by specifying its shape and boundaries? correct answers -Metes and bounds The term "point of beginning" refers to _________. correct answers -The first corner of the parcel to be surveyed Which of the following are methods of describing the location of a parcel of land? correct answers 1. Metes and bounds 2. Rectangular survey system 3. Recorded plat 4. Assessor's parcel number CORRECT ANSWER -- All of the above are correct The term "land" includes _______. correct answers Surface rights 2. Subsurface rights 3. Air rights CORRECT ANSWER 4. All of the choices above are included in the term "land".