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Basic Real Estate Concepts Study Guide Questions & Answers, Exam Prep 2026.pdf

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Basic Real Estate Concepts Study Guide Questions & Answers, Exam Prep

Institution
Real Estate Certification
Course
Real Estate certification

Content preview

Basic Real Estate Co ncepts
Study this set o nline at: https://www.cram.co m/flashcards/basic-real-estate-
co ncepts-130 0 0 9 8 1




I ncl udes earths surf ace and any natural l y attached components down to earths core
Land
and up to i nf i ni ty




Surf ace Ri ghts I ncl udes everythi ng on the l ands surf ace (vegetati on and/or water)




Subsurf ace Ri ghts Ri ghts to space bel ow ground l evel (mi neral s, oi l , water, natural gas)




Ri ghts of l and extendi ng upward (hei ght establ i shed by l aw) l i mi ted because
Ai r Ri ghts
can’t prevent pl ane and hel i copter f l yi ng overhead

, Basic Real Estate Co ncepts
Study this set o nline at: https://www.cram.co m/flashcards/basic-real-estate-
co ncepts-130 0 0 9 8 1




D i vi ded i nto ri pari an ri ghts and l i ttoral ri ghts. Owners ri ghts of water meeti ng
Water Ri ghts
thei r property.




I f owners property meets shorel i ne of movi ng water (ri vers/l akes/streams) owner has
Ri pari an Ri ghts
reasonabl e ri ghts to water I F user doesn’t i mpai r use by others or cause pol l uti on




I f owners property boarders sti l l waters (oceans/l akes/ponds) they have reasonabl e
Li ttoral Ri ghts
ri ghts to water. E xtends to l and next to water up to average hi gh-water mark.




Gradual bui l dup of l and due to deposi t of sand/soi l f rom body of water on
Accreti on
property. I ncreases l and owned

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Institution
Real Estate certification
Course
Real Estate certification

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Uploaded on
May 23, 2026
Number of pages
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Written in
2025/2026
Type
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Contains
Questions & answers

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