REE 3043 Exam 4 Woodyard FSU questions with ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
verified detailed answers ||\\//|| ||\\//||
List the four primary tests used to determine whether an item is a fixture: - correct
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answer✔✔1. the intent test ||\\//|| ||\\//|| ||\\//||
2. the annexation test
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3. the adaptation test
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4. the relationship-of-the-parties test
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The physical rights to real estate generally include all of the following, except:
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A. air rights
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B. mineral rights
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C. surface rights
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D. easement rights - correct answer✔✔D. Easement rights; the rights associated with an
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easement are legal rights, not physical rights. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
States which follow the traditional ownership-in-place concept: - correct
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answer✔✔Recognize the ownership of oil and gas as part of land ownership. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Which of the following is NOT a test of the court used to resolving disputes about fixtures?
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A. The Annexation Test
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B. The Intent Test
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C. The Test of Expectation
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D. The Adaption Test - correct answer✔✔C. The test of expectation
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, An owner's legal right to control entry to real property and to use the property as collateral
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for loans is a part of an owner's right of: - correct answer✔✔Exclusive possession
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An estate having a duration set by private contract is known as a: - correct answer✔✔Non-
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freehold estate ||\\//||
The future interest in an ordinary life estate is called the: - correct answer✔✔Remainder; a
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future interest, called the remainder, vests in the grantor of the ordinary life estate
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________________ exists when rights of possession transfer with oral instead of written ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
agreements. - correct answer✔✔Tenancies at will ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
A form of ownership of real estate with fee simple ownership of individual units, and
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ownership as tenants in common areas is termed: - correct answer✔✔A condominium ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The right of government to enforce zoning and growth control measures come under the
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government's authority known as: - correct answer✔✔Police power ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The rights of the utility company to use a particular part of an individual's property for the
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installation of their utility lines is an example of an easement appurtenant. - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔False; this is an example of an easement in gross. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Riparian land describes land adjacent to non navigable bodies of water, and the landowners'
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rights to use the water constitute their riparian rights. - correct answer✔✔True
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A party with a determinable fee estate receives, for example, through sale, gift, or will an
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interest in real property that lasts for as long as some stipulation remains satisfied. - correct
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answer✔✔True
verified detailed answers ||\\//|| ||\\//||
List the four primary tests used to determine whether an item is a fixture: - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔1. the intent test ||\\//|| ||\\//|| ||\\//||
2. the annexation test
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3. the adaptation test
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4. the relationship-of-the-parties test
||\\//|| ||\\//|| ||\\//||
The physical rights to real estate generally include all of the following, except:
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
A. air rights
||\\//|| ||\\//||
B. mineral rights
||\\//|| ||\\//|| ||\\//||
C. surface rights
||\\//|| ||\\//||
D. easement rights - correct answer✔✔D. Easement rights; the rights associated with an
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
easement are legal rights, not physical rights. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
States which follow the traditional ownership-in-place concept: - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔Recognize the ownership of oil and gas as part of land ownership. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Which of the following is NOT a test of the court used to resolving disputes about fixtures?
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A. The Annexation Test
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B. The Intent Test
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C. The Test of Expectation
||\\//|| ||\\//|| ||\\//|| ||\\//||
D. The Adaption Test - correct answer✔✔C. The test of expectation
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
, An owner's legal right to control entry to real property and to use the property as collateral
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
for loans is a part of an owner's right of: - correct answer✔✔Exclusive possession
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
An estate having a duration set by private contract is known as a: - correct answer✔✔Non-
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
freehold estate ||\\//||
The future interest in an ordinary life estate is called the: - correct answer✔✔Remainder; a
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
future interest, called the remainder, vests in the grantor of the ordinary life estate
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
________________ exists when rights of possession transfer with oral instead of written ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
agreements. - correct answer✔✔Tenancies at will ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
A form of ownership of real estate with fee simple ownership of individual units, and
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
ownership as tenants in common areas is termed: - correct answer✔✔A condominium ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The right of government to enforce zoning and growth control measures come under the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
government's authority known as: - correct answer✔✔Police power ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
The rights of the utility company to use a particular part of an individual's property for the
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
installation of their utility lines is an example of an easement appurtenant. - correct ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔False; this is an example of an easement in gross. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
Riparian land describes land adjacent to non navigable bodies of water, and the landowners'
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
rights to use the water constitute their riparian rights. - correct answer✔✔True
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
A party with a determinable fee estate receives, for example, through sale, gift, or will an
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
interest in real property that lasts for as long as some stipulation remains satisfied. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||
answer✔✔True