REE 3043 Paul Black- FIU Exam #1 Exam
Complete Test , Practice Questions, Verified
Answer Key, and Study Guide for (Latest 2026
Edition)
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Practice questions for this set
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Time from when a project is conceived, until it's complete and available for
occupancy. Exam: Pregnancy.
Choose an answer
1 Gestation period 2 Real State
3 Interim Use 4 Fixture
Don't know?
Terms in this set (57)
, Real State Land and improvements to the land-house,
structures built on the land. The land such as
mineral rights, oil, gold, Air rights.
Air Rights The ability to buy the right to build a higher
building. Example: Miami beach buying selling
zones. In NYC you must buy air rights of an
adjoining property, exam Trump Tower
Real property Anything that won't fall out of a house if turned
up - side down. It's attached to the
house/building.
Personal Property Not attached to the house/ building ( real
property) Exam: Table, furniture, fridge, Anything
you can unplug and it doesn't cause damage to
the property.
Fixture when something was at one time personal
property and then it became attached to real
property is now considered to be real property.
If not on the contract, then no valid.
Law of fixture If attached and the purchase contract is silent on
this issue, then the fixture stays in the house.
Exam: The chandelier exam.
Real state professions Agent, broker, financing, litigation, management,
developer, constructor, appraiser, architect, land
planner, analyst, etc.
Infrastructure Services that are built by the government. Exam:
Roads, Water, Sewer lines, Public schools, Police,
Fire, Parks, Libraries, Government services.
Complete Test , Practice Questions, Verified
Answer Key, and Study Guide for (Latest 2026
Edition)
Save
Practice questions for this set
Learn 1 /7 Study with Learn
Time from when a project is conceived, until it's complete and available for
occupancy. Exam: Pregnancy.
Choose an answer
1 Gestation period 2 Real State
3 Interim Use 4 Fixture
Don't know?
Terms in this set (57)
, Real State Land and improvements to the land-house,
structures built on the land. The land such as
mineral rights, oil, gold, Air rights.
Air Rights The ability to buy the right to build a higher
building. Example: Miami beach buying selling
zones. In NYC you must buy air rights of an
adjoining property, exam Trump Tower
Real property Anything that won't fall out of a house if turned
up - side down. It's attached to the
house/building.
Personal Property Not attached to the house/ building ( real
property) Exam: Table, furniture, fridge, Anything
you can unplug and it doesn't cause damage to
the property.
Fixture when something was at one time personal
property and then it became attached to real
property is now considered to be real property.
If not on the contract, then no valid.
Law of fixture If attached and the purchase contract is silent on
this issue, then the fixture stays in the house.
Exam: The chandelier exam.
Real state professions Agent, broker, financing, litigation, management,
developer, constructor, appraiser, architect, land
planner, analyst, etc.
Infrastructure Services that are built by the government. Exam:
Roads, Water, Sewer lines, Public schools, Police,
Fire, Parks, Libraries, Government services.
