COLIBRI REAL ESTATE CERTIFICATION
EVALUATION EXAMS 2026 WITH COMPLETE
SOLUTIONS
◉ Riparian rights concern which of the following bodies of water?
Lakes
Seas and oceans
Streams and rivers.
Navigable lakes. Answer: Streams and rivers.
◉ A commercial tenant installed some ice cream coolers to sell ice
cream.
Which of the following statements best describes what happens to
the cases upon the expiration of the lease?
The tenant would be able to take the cases only if the tenant paid the
owner for the fair market value of the cases.
,The tenant would be able to take the cases prior to the expiration of
the lease since they were trade fixtures, and they were installed by
the tenant.
The landlord would be able to keep the cases as once the cases were
installed, they become real property.
The owner would be able to keep the cases as they would be
considered emblements.. Answer: The tenant would be able to take
the cases prior to the expiration of the lease since they were trade
fixtures, and they were installed by the tenant.
◉ Which of the following is considered to be real property?
Natural things movable by law
Notes secured by mortgages on real estate
House plants
Permanent fixtures. Answer: Permanent fixtures
◉ What is a "fixture?"
,Any item of personal property located within the boundaries of a
parcel of real estate
An item of personal property that has been converted to real
property
An item of real property temporarily placed on land for the purpose
of conducting a business
An item of personal property that has been left in one location for a
period of one year. Answer: An item of personal property that has
been converted to real property
◉ The rights to possess and use a property are:
inviolable.
infinite and unlimited.
limited by what the law allows.
dependent on the type of property involved.. Answer: limited by
what the law allows.
, ◉ Which of the following is NOT an economic characteristic of land?
Transferability
Immobility
Demand for the area
Utility of the land. Answer: Immobility
◉ What is the primary consequence if a property use violates a
zoning ordinance?
The property taxes increase.
The improvements must be removed.
The title becomes unmarketable.
The owner forfeits title.. Answer: The title becomes unmarketable.
EVALUATION EXAMS 2026 WITH COMPLETE
SOLUTIONS
◉ Riparian rights concern which of the following bodies of water?
Lakes
Seas and oceans
Streams and rivers.
Navigable lakes. Answer: Streams and rivers.
◉ A commercial tenant installed some ice cream coolers to sell ice
cream.
Which of the following statements best describes what happens to
the cases upon the expiration of the lease?
The tenant would be able to take the cases only if the tenant paid the
owner for the fair market value of the cases.
,The tenant would be able to take the cases prior to the expiration of
the lease since they were trade fixtures, and they were installed by
the tenant.
The landlord would be able to keep the cases as once the cases were
installed, they become real property.
The owner would be able to keep the cases as they would be
considered emblements.. Answer: The tenant would be able to take
the cases prior to the expiration of the lease since they were trade
fixtures, and they were installed by the tenant.
◉ Which of the following is considered to be real property?
Natural things movable by law
Notes secured by mortgages on real estate
House plants
Permanent fixtures. Answer: Permanent fixtures
◉ What is a "fixture?"
,Any item of personal property located within the boundaries of a
parcel of real estate
An item of personal property that has been converted to real
property
An item of real property temporarily placed on land for the purpose
of conducting a business
An item of personal property that has been left in one location for a
period of one year. Answer: An item of personal property that has
been converted to real property
◉ The rights to possess and use a property are:
inviolable.
infinite and unlimited.
limited by what the law allows.
dependent on the type of property involved.. Answer: limited by
what the law allows.
, ◉ Which of the following is NOT an economic characteristic of land?
Transferability
Immobility
Demand for the area
Utility of the land. Answer: Immobility
◉ What is the primary consequence if a property use violates a
zoning ordinance?
The property taxes increase.
The improvements must be removed.
The title becomes unmarketable.
The owner forfeits title.. Answer: The title becomes unmarketable.
