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Principles of Real Estate Exam Questions with Answers

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Principles of Real Estate Exam Questions with Answers

Institution
Principals Of Real Estate 1
Module
Principals of real estate 1

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Principles of Real Estate Exam
Questions with Answers
Acre - ✔✔Measures to 43,560 square feet, or 160 rods.



Allodial Tenure - ✔✔Type of system where individuals own land



Feudal Tenure - ✔✔Type of system where the government/monarchy owns land



Treaty of Guadalupe Hidalgo (1848) - ✔✔Signed by Mexico giving California to the USA.



1850 - ✔✔California was admitted to the Union



Metes and Bounds - ✔✔Describes property by its perimeters and uses a starting point,
distance, and direction. (Ex: 30 ft right from large rock)



US Goverment Survey - ✔✔Created by Congress in 1785 to standardize land descriptions. Uses
Section and Township Method



Base lines - ✔✔imaginary lines that run east/west. Also called Township lines



Meridian lines - ✔✔imaginary lines run north/south. Also called range lines



3 Main Base/Meridian Lines - ✔✔Humboldt, Mt. Diablo, San Bernadino



Correction lines - ✔✔Run every 24 miles

, A township - ✔✔Consists of 36 sections.



A square mile - ✔✔Consists of 640 acres



A section (in a township) - ✔✔consists of 1 square mile



Lot, Block, and Tract Systems - ✔✔A type of property description using approved subdivision
maps.



Real property - ✔✔Immovable.

Includes Land, Mineral Rights, Lateral Support Rights, Airspace Rights, and Riparian Rights



Riparian Rights - ✔✔The right of a landowner whose land borders on a stream or watercourse
to use and enjoy the water which is adjacent to or flows over the owners land provided such
use does not injure other riparian owners.



Accretion - ✔✔Gradual addition of sediment to the shore by flowing water



Alluvium - ✔✔The land/sediment added to a shore by flowing water



Reliction - ✔✔The addition of land by the removal of water. Ex: a dried pond



Littoral Rights - ✔✔the right of landowners on a shore of an ocean or a large lake to use the
water. Key: water that does not 'flow'.



Appurtenant - ✔✔Belonging to; adjunct; appended or annexed to. Appurtenant items pass with
the land when the property is transferred.

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Institution
Principals of real estate 1
Module
Principals of real estate 1

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