ASREB Study Class – Questions With Verified
Solutions
A hot tub installed on a residential property is considered to be:
A. appurtenance
B. personal property
C. fixture
D. emblement Correct Answer - B. personal property
A lessee puts in a bookcase for commercial use; at the end of the
lease the bookcase is removed. The bookcase would be considered:
A. real property
B. a trade fixture
C. appurtenant
D. chattel real Correct Answer - B. A trade fixture
A tenant's rights to harvest crops after a lease expires, is called?
A. remainder rights
B. leasehold rights
C. reversion rights
D. emblements Correct Answer - D. emblements
All of the following would be considered appurtenant in a real estate
transaction EXCEPT:
A. mineral rights
B. property improvements
C. annual crops
D. the bundle of rights Correct Answer - C. annual crops
,Patents, trademarks, copyrights, and royalties are an example of:
A. corporeal
B. tangible personalty
C. incorporeal realty
D. intangible personalty Correct Answer - D. intangible
personalty
When rights transfer with a deed this is referred to as?
A. chattel real
B. reversionary rights
C. leasehold
D. bundle of rights Correct Answer - D. Bundle of rights
What would not be a legal principle when applying legal tests to
fixtures?
A. attachment
B. intent of the parties
C. adaptation of the item
D. cost of the item Correct Answer - D. Cost of the item
The owner has a parcel of land with an unwanted mobile home on it.
How would the owner get rid of title to the mobile home?
A. give title to the city
B. give the title to motor vehicle department
C. give the title to the department of real estate
D. all of the above Correct Answer - B. give the title to the
motor vehicle department
What would not be a use of police power?
,A. state laws
B. environmental regulations
C. condemnation of property
D. licensing of real estate agents Correct Answer - C.
condemnation of property
Which of the following would least likely be a lawful use for taking
homes through the power of eminent domain?
A. light rail train in Tempe
B. public K-12 school
C. shopping center
D. future freeway overpass Correct Answer - C. shopping
center
The state obtains the property of someone who dies intestate
through:
A. police power
B. escheat
C. eminent domain
D. taxation Correct Answer - B. escheat
The distance that zoning regulations require between the lot line
and the building line is called:
A. the setbacks
B. the buffer zone
C. the easement
D. front footage Correct Answer - A. the setbacks
A condominium homeowner's association purchased an insurance
policy insuring the carpeting throughout the buildings. Which area
of the building would the insurance be least likely to cover?
, A. individual units
B. hallways
C. recreational facilities
D. elevators Correct Answer - A. individual units
Deed restrictions are placed on real property to:
A. force conformity to building codes
B. limit the use of the subject property by the grantee
C. force conformity to city ordinances
D. carry out the role of the municipal planning commission
Correct Answer - B. limit the use of the subject property by the
grantee
Owner of lakefront property divides 50 acres into lots and keeps the
lot closest to the lake. How would lot buyers prefer an easement to
the lake?
A. easement in gross
B. easement appurtenant
C. easement by prescription
D. easement by necessity Correct Answer - B. easement
appurtenant
What would NOT apply to an easement appurtenant?
A. dominant estate
B. servient estate
C. prescription
D. runs with the land Correct Answer - C. prescription
In order to claim ownership under adverse possession, a claimant
must show they possessed the property for a minimum period of:
Solutions
A hot tub installed on a residential property is considered to be:
A. appurtenance
B. personal property
C. fixture
D. emblement Correct Answer - B. personal property
A lessee puts in a bookcase for commercial use; at the end of the
lease the bookcase is removed. The bookcase would be considered:
A. real property
B. a trade fixture
C. appurtenant
D. chattel real Correct Answer - B. A trade fixture
A tenant's rights to harvest crops after a lease expires, is called?
A. remainder rights
B. leasehold rights
C. reversion rights
D. emblements Correct Answer - D. emblements
All of the following would be considered appurtenant in a real estate
transaction EXCEPT:
A. mineral rights
B. property improvements
C. annual crops
D. the bundle of rights Correct Answer - C. annual crops
,Patents, trademarks, copyrights, and royalties are an example of:
A. corporeal
B. tangible personalty
C. incorporeal realty
D. intangible personalty Correct Answer - D. intangible
personalty
When rights transfer with a deed this is referred to as?
A. chattel real
B. reversionary rights
C. leasehold
D. bundle of rights Correct Answer - D. Bundle of rights
What would not be a legal principle when applying legal tests to
fixtures?
A. attachment
B. intent of the parties
C. adaptation of the item
D. cost of the item Correct Answer - D. Cost of the item
The owner has a parcel of land with an unwanted mobile home on it.
How would the owner get rid of title to the mobile home?
A. give title to the city
B. give the title to motor vehicle department
C. give the title to the department of real estate
D. all of the above Correct Answer - B. give the title to the
motor vehicle department
What would not be a use of police power?
,A. state laws
B. environmental regulations
C. condemnation of property
D. licensing of real estate agents Correct Answer - C.
condemnation of property
Which of the following would least likely be a lawful use for taking
homes through the power of eminent domain?
A. light rail train in Tempe
B. public K-12 school
C. shopping center
D. future freeway overpass Correct Answer - C. shopping
center
The state obtains the property of someone who dies intestate
through:
A. police power
B. escheat
C. eminent domain
D. taxation Correct Answer - B. escheat
The distance that zoning regulations require between the lot line
and the building line is called:
A. the setbacks
B. the buffer zone
C. the easement
D. front footage Correct Answer - A. the setbacks
A condominium homeowner's association purchased an insurance
policy insuring the carpeting throughout the buildings. Which area
of the building would the insurance be least likely to cover?
, A. individual units
B. hallways
C. recreational facilities
D. elevators Correct Answer - A. individual units
Deed restrictions are placed on real property to:
A. force conformity to building codes
B. limit the use of the subject property by the grantee
C. force conformity to city ordinances
D. carry out the role of the municipal planning commission
Correct Answer - B. limit the use of the subject property by the
grantee
Owner of lakefront property divides 50 acres into lots and keeps the
lot closest to the lake. How would lot buyers prefer an easement to
the lake?
A. easement in gross
B. easement appurtenant
C. easement by prescription
D. easement by necessity Correct Answer - B. easement
appurtenant
What would NOT apply to an easement appurtenant?
A. dominant estate
B. servient estate
C. prescription
D. runs with the land Correct Answer - C. prescription
In order to claim ownership under adverse possession, a claimant
must show they possessed the property for a minimum period of:
