Oregon Real Estate Law Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
2 types of property ownership personal property
real property
boundaries within a parcel and land
one of the basic components
of real property
land and anything real estate
permanently affixed to the
land (fixtures)
includes land, fixtures real property
attached to the land, rights
and privileges associated with
the land, and any
appurtenance (attached right
or property) associated with
the land
include: appurtenances
air rights
water rights
mineral rights
oil rights
surface rights
,included with the title to the bundle of rights
real estate. the person, trust,
or corporation that holds title
(ownership) to property has all
the rights granted an owner
by local government. this
person is recorded as the title
holder with the county in
which the property is located.
the right to occupy and use right to possession/occupy
the land as desired/subject to
local government regulations
(zoning)/included in the
bundle of rights
owner has the right to enjoy right to enjoyment
the land and this nor the
intended use of the land
cannot be taken
away/included in the bundle
of rights
the right to build, develop, right to control/develop
and expand owned
property/local governments
have a say in this/federal
government can get
involved/included in the
bundle of rights
, owners can sell their property the right to sell
and grant title to
another/government can
prevent the sale of
property/included in the
bundle of rights
the right to give property the right to disposition and exclusion
away/sell off portions of
property/prevent
trespassing/included in the
bundle of rights
the right to obtain a loan with the right to finance property
a lien on the property
(mortgage), owner contract,
or deed of trust/included in
the bundle of rights
the right to grant use of the right to the use of land
land to others/included in the
bundle of rights
has to do with the use of land easement
by a neighbor (the neighbor
requires a specific use of the
property)
implemented by the deed covenant (promise)
conveying owner to buyer
Answers with Verified Solutions | Latest
Updated 2026
2 types of property ownership personal property
real property
boundaries within a parcel and land
one of the basic components
of real property
land and anything real estate
permanently affixed to the
land (fixtures)
includes land, fixtures real property
attached to the land, rights
and privileges associated with
the land, and any
appurtenance (attached right
or property) associated with
the land
include: appurtenances
air rights
water rights
mineral rights
oil rights
surface rights
,included with the title to the bundle of rights
real estate. the person, trust,
or corporation that holds title
(ownership) to property has all
the rights granted an owner
by local government. this
person is recorded as the title
holder with the county in
which the property is located.
the right to occupy and use right to possession/occupy
the land as desired/subject to
local government regulations
(zoning)/included in the
bundle of rights
owner has the right to enjoy right to enjoyment
the land and this nor the
intended use of the land
cannot be taken
away/included in the bundle
of rights
the right to build, develop, right to control/develop
and expand owned
property/local governments
have a say in this/federal
government can get
involved/included in the
bundle of rights
, owners can sell their property the right to sell
and grant title to
another/government can
prevent the sale of
property/included in the
bundle of rights
the right to give property the right to disposition and exclusion
away/sell off portions of
property/prevent
trespassing/included in the
bundle of rights
the right to obtain a loan with the right to finance property
a lien on the property
(mortgage), owner contract,
or deed of trust/included in
the bundle of rights
the right to grant use of the right to the use of land
land to others/included in the
bundle of rights
has to do with the use of land easement
by a neighbor (the neighbor
requires a specific use of the
property)
implemented by the deed covenant (promise)
conveying owner to buyer
