Arizona Real Estate Fundamentals: Salesperson (PRACTICE EXAM) Questions and Answers

Arizona Real Estate Fundamentals: Salesperson (PRACTICE EXAM) Questions and Answers All of the following items would have bearing on whether an item is considered personal property EXCEPT: A. damage from removing the item from the property B. the manner of attachment C. any agreement between buyer and seller concerning the item D. the cost of the item ANSWER D. The cost of the item. In the sale of commercial property, which of the following documents would be used to transfer shelves, counters, and other personal property? A. Chattel real B. Bill of sale C. Security agreement D. Mortgage ANSWER B. Bill of sale The right to light and air accompanied by the transfer of title ownership to the land is called a(an): A. fixture B. restriction