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Texas Real Estate Principles I Unit 2 Real Property Exam questions & answers.

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Texas Real Estate Principles I Unit 2 Real Property Exam questions & answers.

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Texas Real Estate Principles I Unit 2 Real
Property Exam questions & answers.
Lumber is used to build a house so that what was personal property (lumber) is now real property (the
house). The process is called ANS -Attachment



In a real estate transaction, a refrigerator is considered which kind of property? ANS -Personal



A tree is cut down for lumber so that the real property (tree) is now personal property (lumber). The
process is called ANS -Severance



Which condition is NOT a factor to be considered in deciding whether a manufactured home is real
property? ANS -It has been permanently attached to a foundation for at least 5 years



What would be the proper description of a vast piece of property whose only "improvement" is an
abandoned and heavily deteriorated barn that would likely have to be razed? ANS -The property would
be called real estate



The legal theory of separating surface rights from subsurface rights and air rights is called? ANS -Lateral
severance



If a new airport is built near an existing residential community, what rights do the homeowners have?
ANS -Right to require the airport operator to soundproof their homes and possibly even buy their homes



A deed is issued to transfer title to which kind of property? ANS -Real



Which term refers to the surface of the earth; to the center of the earth below; to infinity above; to
natural things permanently attached; to man-made things permanently attached; and to legal interests,
rights, and privileges? ANS -Real Property



Which is owned by the commercial tenant? ANS -Trade fixture

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