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ASREB Chapter 1 Study Questions with Correct Answers 100% Pass

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ASREB Chapter 1 Study Questions with Correct Answers 100% Pass Property rights that go with ownership of real property are referred to as the - bundle of rights Surface of the earth, below to the center, and above with all natural things, is - land Personal property is conveyed with a document called a - bill of sale Naturally growing plants are considered - real property Emblements are considered - personal property An item which was once personal property but is now real property is a - fixture Ownership of trade fixtures depend on - when it is removed/expiration of the lease Cost - is not a factor in determining if an item is a fixture. situs - people's preference for a certain area is called deed - the document used to transfer real property What are the five tests of a fixture? - MARIA 2100% Pass Guarantee Olivia West, All Rights Reserved © 2025 Method of attachment Agreement Relationship of the parties Intent of the annexer Adaptability The due date for property taxes for the first half of the year - October 1 November 1 - The delinquent date for property taxes for the first half of the year The due date for property taxes for the second half of the year - March 1

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Uploaded on
February 16, 2025
Number of pages
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Written in
2024/2025
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ASREB Chapter 1 Study Questions
with Correct Answers 100% Pass

Property rights that go with ownership of real property are referred to as the -

✔✔bundle of rights


Surface of the earth, below to the center, and above with all natural things, is - ✔✔land


Personal property is conveyed with a document called a - ✔✔bill of sale


Naturally growing plants are considered - ✔✔real property


Emblements are considered - ✔✔personal property


An item which was once personal property but is now real property is a - ✔✔fixture


Ownership of trade fixtures depend on - ✔✔when it is removed/expiration of the lease


Cost - ✔✔is not a factor in determining if an item is a fixture.


situs - ✔✔people's preference for a certain area is called


deed - ✔✔the document used to transfer real property


What are the five tests of a fixture? - ✔✔MARIA




100% Pass Guarantee Olivia West, All Rights Reserved © 2025 1

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