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Exam (elaborations)

Barney Fletcher Real Estate Exam (235 Questions) With Complete Solutions 2024/2025

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Barney Fletcher Real Estate Exam (235 Questions) With Complete Solutions 2024/2025

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Uploaded on
August 25, 2024
Number of pages
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Written in
2024/2025
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Barney Fletcher Real Estate Exam (235 Questions)
With Complete Solutions 2024/2025

Surfacesrightssconsistsofsonlysthesrightstoscontrol,soccupy,sandsusesthessurfacesareasofsasparc
elsofsrealsestate.sT/F?s-sFalse

Mineralsrightssare:
A.sAlwayssconsideredstosbespersonalsproperty
B.sAlwaysspassswithsthesland
C.sCannotsbessoldsseparatelysfromsthesland
D.sPassswithsthesland,sunlesssotherwisesspecifiedsinsthesdeeds-sD

WhichsofsthesfollowingsissNOTsansimprovementsofsland?
A.sBuilding
B.sSidewalk
C.sCornscrop
D.sFlowersbeds-sC

SixsmonthssaftersBradysboughtshisshome,shesinstalledscustomsmadesstormswindowssandsdoo
rssthroughoutstheshouse.sLater,swhenshessellsshissproperty,swillsthesesstormswindowssandsd
oorssautomaticallysconveyswithstheshouse?
A.sYes,sunlesssinsadvancesofsthessale,sBradysclearlysspecifiessthatstheyswillsbesremoved.
B.sYes,sifsheslivedsinsthespropertysatsleastsasyearsbeforesthessale.
C.sNo,sbecausestheysweresnotspartsofsthesoriginalsstructure
D.sNo,sbecausestheyscansbesremoved,sifstheysarestakensoffscarefullys-sA

DavidsownsspropertysalongsthesbankssofsthesLittlesBigsHornsRiver.sScottsownsspropertysadjoi
ningsDavid's,sandshassaccessstostheshighway,sbutsnotstosthesriver.sScottsandsDavidsgrantseachs
othersappurtenantseasementsstoscrossseachsothersspropertystosgetstosthesroadsandsthesrivers
respectively.sThesripariansrightssassociatedswithspropertysownershipsbelongsto:
A.sDavidsbecauseshisspropertysborderssthesriver
B.sScott,sbecausesheshassanseasementstoscrosssDavid'ssland
C.sBothsDavidsandsScott
D.sNeithers-sA

WhichsofsthesfollowingsissNOTsastestsofsasfixture?
A.sMannersofsattachment
B.sAnsagreementsbetweensthesparties
C.sTimesofsattachment
D.sMannersofsadaptations-sC

Whichsofsthesfollowingsbestsdescribessasparcelsofsland?
A.sThessurfacesofsthesearthsincludingscontrolsofsallsmineralssandssubstancessbeneath
B.sThessurfacesofsthesearthsextendingsdownstosthescentersandsupwardstosthessky

,C.sThesearth'sssurfacescloselysmarkedsbyscertainsboundaries
D.sThessurfacesofsthesearthsextendingsdownsasreasonablesdistancesandsupsintosthesairsasreaso
nablesdistances-sB

LittoralsrightssissastermsreferringstosallswatersrightssT/F?s-sFalse

Eachsofsthesfollowingsissastestsofswhethersorsnotssomethingsissasfixture,sEXCEPT:
A.sMethodsofsattachment
B.sAdaptability
C.sCost
D.sRelationshipsofsthespartiess-sC

Thesrightsofsonespartystospossesssandsusesrealspropertysexclusivesofsotherssis:s-sOwnership

Asprospectivesbuyersnoticedsansornatesflagspolesattachedstosthesfrontsporchsofstheshousesshe
swantsstospurchase.sSheswantsstosmakescertainsthatsthesflagspolesissincludedsinsthessale.sWha

tsshouldsthesagentsdo?
A,sBecausesthespolesissattachedsandswillsautomaticallysconvey
B.scallssellersandsadvisesthemsthesbuyerswantssthespole
C.sincludesthesflagspolesinsthesofferstospurchases
D.sphotographsthesflagspolesassevidencesofsitssattachments-sC

Ascouplesissinterestedsinsbuyingsashousesthatshassansoddsshapedslivingsroom.sThescurrentsow
nersshadsascustom-made,sfree-
standingsbookcasesbuiltstosspecificallysfitsintosonespartsofsthesroom.sThesbuyersbelievessthissi
ssasfixturesbecausesitsissuniquelysadaptedstosthissspecificsroom.sThessellersbelievessthississnot
sasfixturesbecausesitsissfree-

standing.sTosavoidsanysmisunderstandings,swhatsshouldstheslistingslicenseesdo?
A.sAssuresthessellerstheresissnothingstosworrysabout
B.sIncludesasprovisionsinsthesagreementsofssales(andslistingscontract)sthatsstatesswhethersthe
sbookcasesissincludedswithsthessalesorsnot.

C.sAssuresthesbuyerstheresissnothingstosworrysabout
D.sFilesansinterpleadersactionsinscourts-sB

Realspropertyswouldsinclude:
A.sFixtures
B.sEachsofstheseschoices
C.sAirsspace
D.sMineralsrightss-sB

Personalspropertyswhichsissattachedstosasbuildingsandswhichswillsconveyswithstheslandsisskn
ownsas?s-sasfixture

AllsofsthesfollowingsarespersonalspropertysEXCEPT:
A.sTradesfixtures
B.sasprivacysfence

, C.spatiosfurniture
D.sportablesdishwashers-sB

Mergingstwosorsmorespropertiessintoscommonsownershipsissknownsass_____,swhilesanysincre
asesinsvaluesthatsresultssissknownsass_____.s-sassemblage;splottage

Twosrealsestatesdeveloperssaresworkingsonssimilarsbutscompetingscommercialsdevelopment
s.sBothsprojectssaresfinishedsatsapproximatelysthessamestimesandsaresofssimilarsqualitysandsp
urpose.sWhichsofsthesfollowingswouldsmostslikelyscharacterizesthesreasonssthatsonessucceed
sswhilesthesothersfails?s-sSitus

Whensthesactionsofswaterscausessmovesssoilsawaysfromsasproperty,sthatsissreferredstosas:s-
serosion



Zorbasleasessasrestaurant.sHesinstallssovens,sboothssandscounters.sWhichsofsthesfollowingsisst
rue?
A.sThesovens,sboothssandscounterssaresfixturessthatsbelongstosthesownersofsthespropertysand
scannotsbesremoved

B.sThesovens,sboothssandscounterssarestradesfixturessandscansbesremovedsbysZorbasatsanysti
mespriorstosorsaftersthesexpirationsofstheslease.
C.sThesovens,sboothssandscounterssarestradesfixturessandscansbesremovedsonlyspriorstosthese
xpirationsofsZorba'sslease
D.sZorbasissnotsresponsiblesforsanysdamagescausedsbysthesremovalsofsthesfixturess-sC

Stocks,sbonds,snotessandsmortgagessarespersonalsproperty.sT/F?s-sTrue

WhichsofsthesfollowingsissNOTsrecognizedsasspersonalsproperty?s(2)
A.saslease
B.sasmortgagesthatssecuresspersonalsproperty
C.sReplacementsfixtures
D.sCattlesandshorses
E.sanseasements-sC;sE

as______sfixturescansbesaffixedstosrealspropertyswithoutsbecomingslegalspartsofsthespropertys-
strade



Tradesfixturessmaysnotsbesremovedsfromsleasedspremisessoncestheysaresaffixed.sT/F?s-sFalse

Tradesfixturessdosnotsincludesreplacementsfixtures.sT/F?s-sTrue

Fructussindustrialessissanotherstermsfor:s-semblements

allspropertysothersthansrealspropertysissknownsass_____s-sChattel

Asbillsofssalesisstospersonalspropertysassasdeedsisstosrealsproperty.sT/F?s-sTrue

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