1. Which of the following is considered real property?
A. A dining table
B. A refrigerator not permanently attached
C. A permanently installed central air-conditioning system
D. A movable television
Answer: C. A permanently installed central air-conditioning system
Rationale: Fixtures that are permanently attached to the property generally
become part of the real property.
2. Which characteristic distinguishes real property from personal property?
A. Real property is movable
B. Real property is immovable
C. Personal property is always attached to land
D. Personal property cannot be sold
Answer: B. Real property is immovable
Rationale: Land and things permanently attached to it are considered real
property.
3. Which of the following is NOT one of the economic characteristics of land?
A. Scarcity
B. Utility
C. Transferability
D. Immobility
Answer: D. Immobility
Rationale: Immobility is a physical characteristic of land, while scarcity, utility,
and transferability are economic characteristics.
,4. What does the term "emblements" refer to?
A. Trees growing naturally on land
B. Annual crops produced by cultivation
C. Mineral rights
D. Buildings attached to land
Answer: B. Annual crops produced by cultivation
Rationale: Emblements are annual crops regarded as personal property belonging
to the person who cultivated them.
5. Which legal description method uses a point of beginning, directions, and
distances?
A. Lot and block
B. Rectangular survey
C. Metes and bounds
D. Government survey
Answer: C. Metes and bounds
Rationale: Metes and bounds identifies property through measurements,
directions, and a designated point of beginning.
6. In a rectangular government survey system, one section contains how many
acres?
A. 40
B. 160
C. 320
D. 640
Answer: D. 640 acres
Rationale: A section is one square mile, equal to 640 acres.
,7. How many acres are contained in one quarter section?
A. 40
B. 80
C. 160
D. 320
Answer: C. 160 acres
Rationale: One section contains 640 acres; one-quarter equals 160 acres.
8. Which of the following is an example of a fixture?
A. Freestanding sofa
B. Built-in dishwasher
C. Area rug
D. Portable fan
Answer: B. Built-in dishwasher
Rationale: A built-in appliance attached to the property is generally considered a
fixture.
9. Which test considers the intention of the person who installed an item when
determining whether it is a fixture?
A. Economic test
B. Intent test
C. Sales test
D. Ownership test
Answer: B. Intent test
Rationale: The intent of the person installing the item is one factor used in
determining fixture status.
, 10. The bundle of legal rights associated with property ownership is
commonly called the:
A. Bundle of rights
B. Bundle of contracts
C. Estate package
D. Ownership agreement
Answer: A. Bundle of rights
Rationale: Ownership generally includes rights such as possession, control,
enjoyment, exclusion, and disposition.
11. Which estate provides the greatest possible interest in real property?
A. Life estate
B. Fee simple estate
C. Estate for years
D. Leasehold estate
Answer: B. Fee simple estate
Rationale: Fee simple ownership represents the broadest form of private
ownership recognized by law.
12. A life estate is measured by:
A. A fixed number of years
B. The life of a designated person
C. The length of the mortgage
D. The property tax period
Answer: B. The life of a designated person
Rationale: A life estate lasts for the lifetime of the measuring life.