Chapter 2—Nature and Description of Real Estate
MULTIPLE CHOICE
1. Which of the following are considered to be real estate?
a. Trade Fixtures
b. Emblements
c. Mulberry bush
d. Garden hose
ANS: C
Any perennial shrubs are considered to be real property.
PTS: 1 DIF: M REF: 12 | 13
2. Which of the following is real property?
a. Farm equipment
b. Cotton ready to be harvested
c. Swing set from Wal-Mart set in concrete
d. Lawn mower
ANS: C
Swing set, set in concrete is real property.
PTS: 1 DIF: M REF: 12 | 13
3. Regarding real property,
, a. mineral rights must run with the land.
b. air rights can be granted by deed.
c. annual crops are considered real property because they are attached to the land.
d. man made buildings are not part of the real property.
ANS: B
Air rights can be included with the conveyance of land or conveyed separately by deed.
PTS: 1 DIF: M REF: 12 | 13
4. Improvements made to real property become part of the real property because of
a. reliction.
b. attachment.
c. devise.
d. descent
ANS: B
The manner of attachment can cause an improvement to become part of the real property.
PTS: 1 DIF: M REF: 13 | 15
5. The best determinant of whether an item is real or personal property is
a. the intent of the parties.
b. its size and weight.
c. its value.
d. the appraiser’s opinion.
ANS: A
, This is one of the tests of a fixture (real property).
PTS: 1 DIF: M REF: 13 | 14
6. Which of the following is personal property?
a. Utility easement
b. Fixture
c. Ceiling fan
d. Electric fan plugged in
ANS: D
This is considered personal property.
PTS: 1 DIF: M REF: 14 | 14
7. To transfer ownership of personal property, which document should be used?
a. Bill of sale
b. Warranty deed
c. Quitclaim deed
d. Security agreement
ANS: A
A bill of sale should be used to convey any personal property.
PTS: 1 DIF: M REF: 12 | 14
8. Tests of a fixture include all of the following EXCEPT
, a. agreement of the parties.
b. adaptability of the object.
c. value of the item.
d. manner of attachment.
ANS: C
This is not a test of a fixture.
PTS: 1 DIF: M REF: 13 | 14
9. The most important factor in determining whether an item has become a fixture is the
a. method of attachment.
b. agreement of the parties.
c. adaptability of the item.
d. original cost of the item.
ANS: B
The book case can be removed with prior permission of the landlord.
PTS: 1 DIF: M REF: 14 | 15
10. A cultivated crop, not yet harvested, should be carefully noted on a listing agreement
because
a. appurtenances will not pass with the land.
b. the right to harvest belongs to the owner of the land.
c. emblements belong to the person who plants and cultivates them.
d. growing things are affixed to the soil.
MULTIPLE CHOICE
1. Which of the following are considered to be real estate?
a. Trade Fixtures
b. Emblements
c. Mulberry bush
d. Garden hose
ANS: C
Any perennial shrubs are considered to be real property.
PTS: 1 DIF: M REF: 12 | 13
2. Which of the following is real property?
a. Farm equipment
b. Cotton ready to be harvested
c. Swing set from Wal-Mart set in concrete
d. Lawn mower
ANS: C
Swing set, set in concrete is real property.
PTS: 1 DIF: M REF: 12 | 13
3. Regarding real property,
, a. mineral rights must run with the land.
b. air rights can be granted by deed.
c. annual crops are considered real property because they are attached to the land.
d. man made buildings are not part of the real property.
ANS: B
Air rights can be included with the conveyance of land or conveyed separately by deed.
PTS: 1 DIF: M REF: 12 | 13
4. Improvements made to real property become part of the real property because of
a. reliction.
b. attachment.
c. devise.
d. descent
ANS: B
The manner of attachment can cause an improvement to become part of the real property.
PTS: 1 DIF: M REF: 13 | 15
5. The best determinant of whether an item is real or personal property is
a. the intent of the parties.
b. its size and weight.
c. its value.
d. the appraiser’s opinion.
ANS: A
, This is one of the tests of a fixture (real property).
PTS: 1 DIF: M REF: 13 | 14
6. Which of the following is personal property?
a. Utility easement
b. Fixture
c. Ceiling fan
d. Electric fan plugged in
ANS: D
This is considered personal property.
PTS: 1 DIF: M REF: 14 | 14
7. To transfer ownership of personal property, which document should be used?
a. Bill of sale
b. Warranty deed
c. Quitclaim deed
d. Security agreement
ANS: A
A bill of sale should be used to convey any personal property.
PTS: 1 DIF: M REF: 12 | 14
8. Tests of a fixture include all of the following EXCEPT
, a. agreement of the parties.
b. adaptability of the object.
c. value of the item.
d. manner of attachment.
ANS: C
This is not a test of a fixture.
PTS: 1 DIF: M REF: 13 | 14
9. The most important factor in determining whether an item has become a fixture is the
a. method of attachment.
b. agreement of the parties.
c. adaptability of the item.
d. original cost of the item.
ANS: B
The book case can be removed with prior permission of the landlord.
PTS: 1 DIF: M REF: 14 | 15
10. A cultivated crop, not yet harvested, should be carefully noted on a listing agreement
because
a. appurtenances will not pass with the land.
b. the right to harvest belongs to the owner of the land.
c. emblements belong to the person who plants and cultivates them.
d. growing things are affixed to the soil.
