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Principles of Louisiana Real Estate Unit 1 National Portion. Exam Questions And Answers Latest Updated 2025 |100% Verified.

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©EVERLY 2025 ALL RIGHTS RESERVED 1 Principles of Louisiana Real Estate Unit 1 National Portion. Exam Questions And Answers Latest Updated 2025 |100% Verified. Land - AnswerEarth's surface extending downward to the center of the earth real estate - AnswerAlso called "real property," it is land and anything permanently attached to the land, such as buildings, fences and items that are attached to the buildings. improvements - AnswerChanges or additions made to a property, such as walls or roads, and so on. These typically increase the value of a property, except in some cases of over improvement. real property - Answerland , interests, benefits and rights inherent in real estate ownership chattels - AnswerPersonal property Bill of Sale - AnswerA written instrument which passes title of personal property from seller to buyer Severance - Answer1. Termination of joint tenancy. 2. The permanent removal of a natural attachment, fixture, or appurtenance from real property, which transforms the item into personal property ©EVERLY 2025 ALL RIGHTS RESERVED 2 Fixture - AnswerAn 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 part of the real estate. Adaptation - Answerthe the article is adapted to the building trade fixture - Answera fixture placed for business purposes accession - Answerthe law that allows transfer or trade of a fixture emblements - AnswerFarm pants and other plants that are grown and harvested annually immobility - AnswerA physical characteristic of real estate referring to the fact that real estate can't move from one place to another. situs - Answerarea preference that refers to people's choices and desire for a given area encumbrance - AnswerA claim, charge, or liability that attaches to and is binding on real estate. lien - AnswerA right, given by law, whereby a creditor may satisfy a debit out of the proceeds of the sale of real or personal property belonging to the debtor; an encumbrance usually naming property as security for payment of a debt or for the discharge or obligation lis pendens - AnswerA legal document giving constructive notice that an action at law is pending. mechanic's lien - AnswerA lien which exists against real property in favor of persons who have performed work or furnished material for the improvement of real estate ©EVERLY 2025 ALL RIGHTS RESERVED 3 deed restriction - AnswerProvisions in a deed that restrict use of the property, and which may be either covenants or conditions. easement - AnswerA right, privilege, or interest in which on party has in the land of another. dominant tenement - AnswerAn estate attached to and benefiting from the servient estate, e.g., an easement runs over the servient estate and serves the dominant estate; also called dominant estate. servient tenement - AnswerProperty burdened by an easement. In other words, the owner of the servient tenement (the serviant tenant) must allow someone who has an easement (the dominant tenement) to use the property. easement in gross - AnswerAn easement which does not attach to the land, usually given to a quasi-public corporation, such as the electric or phone company easement in necessity - AnswerArises when there is no other access to a street or public way. If the owner of the back half cannot get to the street except by crossing the front half of the lot, then the back half owner will usually be given the right to cross by court order. easement by prescription - AnswerA method of acquiring a right to a portion of property by lapse of time, in the manner of adverse possession. license - AnswerA personal privilege to perform some act on the land of another. encroachment - AnswerA building or fixture which intrudes partly or wholly upon the property of another. freehold estate - AnswerAn estate in real property for an indefinite and uncertain time. Font Foot: Property measurement of the front foot on its street line or waterfront line with each front foot extending the depth o

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©EVERLY 2025 ALL RIGHTS RESERVED




Principles of Louisiana Real Estate Unit 1
National Portion. Exam Questions And
Answers Latest Updated 2025 |100%
Verified.



Land - Answer✔Earth's surface extending downward to the center of the earth


real estate - Answer✔Also called "real property," it is land and anything permanently attached
to the land, such as buildings, fences and items that are attached to the buildings.


improvements - Answer✔Changes or additions made to a property, such as walls or roads, and
so on. These typically increase the value of a property, except in some cases of over
improvement.


real property - Answer✔land , interests, benefits and rights inherent in real estate ownership


chattels - Answer✔Personal property


Bill of Sale - Answer✔A written instrument which passes title of personal property from seller
to buyer


Severance - Answer✔1. Termination of joint tenancy. 2. The permanent removal of a natural
attachment, fixture, or appurtenance from real property, which transforms the item into
personal property



1

, ©EVERLY 2025 ALL RIGHTS RESERVED


Fixture - Answer✔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 part of the real
estate.


Adaptation - Answer✔the the article is adapted to the building


trade fixture - Answer✔a fixture placed for business purposes


accession - Answer✔the law that allows transfer or trade of a fixture


emblements - Answer✔Farm pants and other plants that are grown and harvested annually


immobility - Answer✔A physical characteristic of real estate referring to the fact that real
estate can't move from one place to another.


situs - Answer✔area preference that refers to people's choices and desire for a given area


encumbrance - Answer✔A claim, charge, or liability that attaches to and is binding on real
estate.


lien - Answer✔A right, given by law, whereby a creditor may satisfy a debit out of the proceeds
of the sale of real or personal property belonging to the debtor; an encumbrance usually
naming property as security for payment of a debt or for the discharge or obligation


lis pendens - Answer✔A legal document giving constructive notice that an action at law is
pending.


mechanic's lien - Answer✔A lien which exists against real property in favor of persons who have
performed work or furnished material for the improvement of real estate




2

, ©EVERLY 2025 ALL RIGHTS RESERVED


deed restriction - Answer✔Provisions in a deed that restrict use of the property, and which may
be either covenants or conditions.


easement - Answer✔A right, privilege, or interest in which on party has in the land of another.


dominant tenement - Answer✔An estate attached to and benefiting from the servient estate,
e.g., an easement runs over the servient estate and serves the dominant estate; also called
dominant estate.


servient tenement - Answer✔Property burdened by an easement. In other words, the owner of
the servient tenement (the serviant tenant) must allow someone who has an easement (the
dominant tenement) to use the property.


easement in gross - Answer✔An easement which does not attach to the land, usually given to a
quasi-public corporation, such as the electric or phone company


easement in necessity - Answer✔Arises when there is no other access to a street or public way.
If the owner of the back half cannot get to the street except by crossing the front half of the lot,
then the back half owner will usually be given the right to cross by court order.


easement by prescription - Answer✔A method of acquiring a right to a portion of property by
lapse of time, in the manner of adverse possession.


license - Answer✔A personal privilege to perform some act on the land of another.


encroachment - Answer✔A building or fixture which intrudes partly or wholly upon the
property of another.


freehold estate - Answer✔An estate in real property for an indefinite and uncertain time. Font
Foot: Property measurement of the front foot on its street line or waterfront line with each
front foot extending the depth of the lot.



3

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