Barney Fletcher Section 1 Exam with Complete Solutions

Barney Fletcher Section 1 Exam with Complete Solutions Bundle of Rights - Ans ️️ the legal rights that accompany real property ownership. Real Estate or Real Property - Ans ️️ Land, improvements, & legal rights of ownership Appurtenance - Ans ️️ rights, privileges or improvements that belong to and pass with the transfer of property. Attaches to land, not owner Surface Rights - Ans ️️ right to control, occupy, and use the surface area of a parcel of real estate (the land), including the building of improvements (real property), and the growing of crops (personal property). Air Rights - Ans ️️ The right to use, control and occupy the space above a particular parcel of land. Subsurface Rights - Ans ️️ rights to the earth located beneath the surface of the land Improvements - Ans ️️ Additions made to property that are intended to enhance its value Fixtures - Ans ️️ Articles that were once personal property but have been affixed to real estate so as to become real property 4 ways to test Fixtures - Ans ️️ 1) Written agreement - most important 2) Method of Attachment 3)Adaptability 4) Relationship of the Parties Fructus Naturales - Ans ️️ Permanent plantings such as flowers, trees and bushes that are classified as real property