100% CORRECT ANSWERS|LATEST
What are the two types of freehold estates? - ANSWER 1) an estate in fee (simple
absolute)
2) a life estate.
What is the most complete, largest type of estate that includes all rights associated with the
estate? - ANSWER An estate in fee simple absolute
What type of estate do you own if someone grants you real property for you to own only
during your lifetime? When you die, the property reverts back to original estate owner. -
ANSWER a life estate
The rights of tenants who rent or lease property is what type of estate? -
ANSWER Less-than-freehold
Does property refer to "rights" or "thing" owned? - ANSWER Thing
What are the two types of property? - ANSWER real and personal
What four things make up real property? - ANSWER 1) land;
2) anything affixed and regarded as permanent part of the land;
3) anything incidental or appurtenant to the land;
4) anything immovable from land
1
,Besides the earth, i.e. soil and rocks, what else do you own when you own land? -
ANSWER The air space above the land and space beneath the land.
What types of things are considered "affixed" to the land? - ANSWER bridges, trees,
buildings and anything affixed to the buildings, ie doors.
What are waterways, easements, access or other benefits associated with land considered? -
ANSWER incidental or appurtenant to the land
What are the four different duration types that are associated with estates? -
ANSWER 1) estates of inheritance or perpetual estates
2) estates for life
3) estates for years
4) estates at will
If property is not real property, than what type of property is it? - ANSWER Personal
property
What are three kinds of personal property? - ANSWER 1) money
2) movable goods/chattels
3) evidence of debt
What are fixtures? - ANSWER Personal property that is attached to land so that it
becomes a part of the real property.
What are the five tests used by the courts to determine if an item is a fixture? -
ANSWER MARIA
M ethod of attachment
A greement as to nature of property
2
, R elationship of parties (landlord/tenant)
I ntention
A daptability for ordinary use
What are the three most common methods of describing property? - ANSWER 1)
recorded map;
2) by US Government section and township;
3) metes and bounds
In townships and sections, what are the horizontal and vertical lines called? -
ANSWER Base lines (horizontal)
Meridians (vertical)
What are a grid of base lines and meridian lines (horizontal and vertical lines) called? -
ANSWER Ranges and township lines
How many miles apart are ranges and township lines? - ANSWER Six miles apart.
What are the three main sets of base and meridian lines in California? - ANSWER 1)
Humbolt
2) Mt. Diablo
3) San Bernardino
A square created by the intersection of a range and township line? - ANSWER a
township
How many square miles are in a township? - ANSWER 36 square miles
3
What are the two types of freehold estates? - ANSWER 1) an estate in fee (simple
absolute)
2) a life estate.
What is the most complete, largest type of estate that includes all rights associated with the
estate? - ANSWER An estate in fee simple absolute
What type of estate do you own if someone grants you real property for you to own only
during your lifetime? When you die, the property reverts back to original estate owner. -
ANSWER a life estate
The rights of tenants who rent or lease property is what type of estate? -
ANSWER Less-than-freehold
Does property refer to "rights" or "thing" owned? - ANSWER Thing
What are the two types of property? - ANSWER real and personal
What four things make up real property? - ANSWER 1) land;
2) anything affixed and regarded as permanent part of the land;
3) anything incidental or appurtenant to the land;
4) anything immovable from land
1
,Besides the earth, i.e. soil and rocks, what else do you own when you own land? -
ANSWER The air space above the land and space beneath the land.
What types of things are considered "affixed" to the land? - ANSWER bridges, trees,
buildings and anything affixed to the buildings, ie doors.
What are waterways, easements, access or other benefits associated with land considered? -
ANSWER incidental or appurtenant to the land
What are the four different duration types that are associated with estates? -
ANSWER 1) estates of inheritance or perpetual estates
2) estates for life
3) estates for years
4) estates at will
If property is not real property, than what type of property is it? - ANSWER Personal
property
What are three kinds of personal property? - ANSWER 1) money
2) movable goods/chattels
3) evidence of debt
What are fixtures? - ANSWER Personal property that is attached to land so that it
becomes a part of the real property.
What are the five tests used by the courts to determine if an item is a fixture? -
ANSWER MARIA
M ethod of attachment
A greement as to nature of property
2
, R elationship of parties (landlord/tenant)
I ntention
A daptability for ordinary use
What are the three most common methods of describing property? - ANSWER 1)
recorded map;
2) by US Government section and township;
3) metes and bounds
In townships and sections, what are the horizontal and vertical lines called? -
ANSWER Base lines (horizontal)
Meridians (vertical)
What are a grid of base lines and meridian lines (horizontal and vertical lines) called? -
ANSWER Ranges and township lines
How many miles apart are ranges and township lines? - ANSWER Six miles apart.
What are the three main sets of base and meridian lines in California? - ANSWER 1)
Humbolt
2) Mt. Diablo
3) San Bernardino
A square created by the intersection of a range and township line? - ANSWER a
township
How many square miles are in a township? - ANSWER 36 square miles
3
