Real Estate U Final Exam TEST BANK | 500
i,- i,- i,- i,- i,- i,- i,- i,- i,-
Questions with Verified Answers |100% i,- i,- i,- i,- i,-
Correct| Latest 2025/2026 Update. i,- i,- i,-
When land only is listed for sale, what is included?
i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Only buildings on the land
i,- i,- i,- i,-
-Land and mobile homes on the land
i,- i,- i,- i,- i,- i,-
-Land and everything underneath the land
i,- i,- i,- i,- i,-
-Only the animals on the land
i,- i,- i,- i,- i,- i,- i,- Land and everything i,- i,- i,-
underneath the land i,- i,-
Only the animals on the land
i,- i,- i,- i,- i,-
The county wants to seize (take) the first four feet of Orion's front
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
yard to build a sidewalk. They're offering several thousand dollars
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to Orion as compensation, based on an appraisal from a certified
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
appraiser. Orion is against it and takes the county to court. Who
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
wins?
-The county. A county has the power of eminent domain to take
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
private property for a government purpose with due
i,- i,- i,- i,- i,- i,- i,- i,-
compensation.
-Orion. The government can't take his property because he didn't
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
commit a crime. i,- i,-
,-Orion. The government can never take a person's property.
i,- i,- i,- i,- i,- i,- i,- i,-
-Neither. It's all or nothing. The county cannot buy a fraction of
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
land. It must buy the entire parcel.
i,- i,- The county. A county has
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
the power of eminent domain to take private property for a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
government purpose with due compensation. i,- i,- i,- i,-
To increase housing values, a town might try what?
i,- i,- i,- i,- i,- i,- i,- i,-
-Remove job-producing companies. i,- i,-
-Raise taxes. i,-
-Improve highways to local commercial centers to make it easier
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
to get to work.
i,- i,- i,-
-Build wild architectural buildings.
i,- Improve highways to local
i,- i,- i,- i,- i,- i,- i,- i,-
commercial centers to make it easier to get to work. i,- i,- i,- i,- i,- i,- i,- i,- i,-
Lenny leased a house from Owen. Lenny is trying to sell the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
house. What will happen? i,- i,- i,-
-Lenny will sell the house and give half the money to Owen.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Lenny will sell the house and keep the money.
i,- i,- i,- i,- i,- i,- i,- i,-
-Lenny must first sue Owen to be able to sell.
i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Lenny cannot sell the house. He does not have that right.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Lenny cannot sell the house. He does not have that right.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
,Generally, can a building be built to block the ocean view of an
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
existing home? i,-
-No. The first building has the right to the view.
i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Yes, there is no right to a view.
i,- i,- i,- i,- i,- i,- i,-
-No. Not without paying the first building for the blocked view.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
-No, not without the first house owner's permission.
i,- i,- i,- i,- i,- i,- i,- i,- i,- Yes, i,-
there is no right to a view.
i,- i,- i,- i,- i,- i,-
Of the choices, which is the best land to build on?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Mountain side. i,-
-Swampy land. i,-
-Desert in a remote area. i,- i,- i,- i,-
-Flat land near roads.
i,- i,- i,- i,- i,- Of the choices, which is the best land to
i,- i,- i,- i,- i,- i,- i,- i,- i,-
build on? i,-
Mountain side. i,-
Swampy land. i,-
Desert in a remote area. i,- i,- i,- i,-
Flat land near roads.
i,- i,- i,-
Which of these is NOT part of the bundle of rights for a real
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
property owner? i,-
-The right to lease land
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, -The right to sell off part of your land
i,- i,- i,- i,- i,- i,- i,- i,-
-The right to unilaterally annex neighboring property
i,- i,- i,- i,- i,- i,-
-The right to quietly enjoy your land
i,- i,- i,- i,- i,- i,- i,- i,-The right to unilaterally
i,- i,- i,- i,-
annex neighboring property
i,- i,-
When a person owns land, what does that include?
i,- i,- i,- i,- i,- i,- i,- i,-
-Everything from the surface to "heaven" and down to the center
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
of -the earth.
i,- i,-
-Only what's on the surface.
i,- i,- i,- i,-
-Only the buildings on the land.
i,- i,- i,- i,- i,-
-Only what is underground.
i,- Everything from the surface to
i,- i,- i,- i,- i,- i,- i,- i,- i,-
"heaven" and down to the center of the earth. i,- i,- i,- i,- i,- i,- i,- i,-
Which of these is an emblement?
i,- i,- i,- i,- i,-
-horses
-A barn
i,-
-Strawberries
-Coal i,- i,- Strawberries
Land is considered...?
i,- i,-
-All of the answer choices provided are correct.
i,- i,- i,- i,- i,- i,- i,-
-Indestructible
i,- i,- i,- i,- i,- i,- i,- i,- i,-
Questions with Verified Answers |100% i,- i,- i,- i,- i,-
Correct| Latest 2025/2026 Update. i,- i,- i,-
When land only is listed for sale, what is included?
i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Only buildings on the land
i,- i,- i,- i,-
-Land and mobile homes on the land
i,- i,- i,- i,- i,- i,-
-Land and everything underneath the land
i,- i,- i,- i,- i,-
-Only the animals on the land
i,- i,- i,- i,- i,- i,- i,- Land and everything i,- i,- i,-
underneath the land i,- i,-
Only the animals on the land
i,- i,- i,- i,- i,-
The county wants to seize (take) the first four feet of Orion's front
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
yard to build a sidewalk. They're offering several thousand dollars
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
to Orion as compensation, based on an appraisal from a certified
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
appraiser. Orion is against it and takes the county to court. Who
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
wins?
-The county. A county has the power of eminent domain to take
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
private property for a government purpose with due
i,- i,- i,- i,- i,- i,- i,- i,-
compensation.
-Orion. The government can't take his property because he didn't
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
commit a crime. i,- i,-
,-Orion. The government can never take a person's property.
i,- i,- i,- i,- i,- i,- i,- i,-
-Neither. It's all or nothing. The county cannot buy a fraction of
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
land. It must buy the entire parcel.
i,- i,- The county. A county has
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
the power of eminent domain to take private property for a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
government purpose with due compensation. i,- i,- i,- i,-
To increase housing values, a town might try what?
i,- i,- i,- i,- i,- i,- i,- i,-
-Remove job-producing companies. i,- i,-
-Raise taxes. i,-
-Improve highways to local commercial centers to make it easier
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
to get to work.
i,- i,- i,-
-Build wild architectural buildings.
i,- Improve highways to local
i,- i,- i,- i,- i,- i,- i,- i,-
commercial centers to make it easier to get to work. i,- i,- i,- i,- i,- i,- i,- i,- i,-
Lenny leased a house from Owen. Lenny is trying to sell the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
house. What will happen? i,- i,- i,-
-Lenny will sell the house and give half the money to Owen.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Lenny will sell the house and keep the money.
i,- i,- i,- i,- i,- i,- i,- i,-
-Lenny must first sue Owen to be able to sell.
i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Lenny cannot sell the house. He does not have that right.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Lenny cannot sell the house. He does not have that right.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
,Generally, can a building be built to block the ocean view of an
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
existing home? i,-
-No. The first building has the right to the view.
i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Yes, there is no right to a view.
i,- i,- i,- i,- i,- i,- i,-
-No. Not without paying the first building for the blocked view.
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
-No, not without the first house owner's permission.
i,- i,- i,- i,- i,- i,- i,- i,- i,- Yes, i,-
there is no right to a view.
i,- i,- i,- i,- i,- i,-
Of the choices, which is the best land to build on?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
-Mountain side. i,-
-Swampy land. i,-
-Desert in a remote area. i,- i,- i,- i,-
-Flat land near roads.
i,- i,- i,- i,- i,- Of the choices, which is the best land to
i,- i,- i,- i,- i,- i,- i,- i,- i,-
build on? i,-
Mountain side. i,-
Swampy land. i,-
Desert in a remote area. i,- i,- i,- i,-
Flat land near roads.
i,- i,- i,-
Which of these is NOT part of the bundle of rights for a real
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
property owner? i,-
-The right to lease land
i,- i,- i,- i,-
, -The right to sell off part of your land
i,- i,- i,- i,- i,- i,- i,- i,-
-The right to unilaterally annex neighboring property
i,- i,- i,- i,- i,- i,-
-The right to quietly enjoy your land
i,- i,- i,- i,- i,- i,- i,- i,-The right to unilaterally
i,- i,- i,- i,-
annex neighboring property
i,- i,-
When a person owns land, what does that include?
i,- i,- i,- i,- i,- i,- i,- i,-
-Everything from the surface to "heaven" and down to the center
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
of -the earth.
i,- i,-
-Only what's on the surface.
i,- i,- i,- i,-
-Only the buildings on the land.
i,- i,- i,- i,- i,-
-Only what is underground.
i,- Everything from the surface to
i,- i,- i,- i,- i,- i,- i,- i,- i,-
"heaven" and down to the center of the earth. i,- i,- i,- i,- i,- i,- i,- i,-
Which of these is an emblement?
i,- i,- i,- i,- i,-
-horses
-A barn
i,-
-Strawberries
-Coal i,- i,- Strawberries
Land is considered...?
i,- i,-
-All of the answer choices provided are correct.
i,- i,- i,- i,- i,- i,- i,-
-Indestructible
