2024-2025)
The fact that an individual must go to the land describes what physical characteristics of land? - Answers
Immobility
John and Mary are co-owners of a property. John has a 60% interest in the property and Mary has 40%.
What type of freehold estate do they have? - Answers Tenancy in Common
A Property is surveyed to determine a legal description. The surveyor works from a point of beginning,
and measures terminal points and angles. What method of land description is he using? - Answers
Metes and Bounds
John leased space in a building and installed bookcases and ceiling fans in that space. His lease will end
soon. What will happen to the bookcases and fan? - Answers Because they have been installed, the
bookcases and fans are fixtures and have become part of the property. He must leave them behind.
What is an example of involuntary, statutory, specific lien? - Answers Ad Valorem Tax Lien
Buyer's agent has helped her buyers find a property. The sellers have installed a fountain in the
courtyard and the buyers have stressed tot heir agent that they want the fountain to be included in the
purchase. What should the buyers' agent do to ensure that her clients get the fountain? - Answers The
agent can include wording int he buyers' offer that indicates the fountain is included in the sale.
All of the following are fixtures except?:
1. Shrubs
2. Pool
3. Tree
4. Land - Answers Land
Mary and John are married with grown children. Both are intestate. If John dies and Mary becomes the
owner of the home, what type of ownership did they have? - Answers Tenancy by the Entirety
A one-half acre parcel of land in Manhattan, NY is worth considerably more than a one-half acre parcel
in White Plains, NY. This is an example of: - Answers Scarcity
What is the difference between an easement and a lien? - Answers Easement is a right in land and a lien
is not
A seller shows his property with ceiling fans. After closing when the buyer enters the house the ceiling
fans have been removed and the wires are hanging down from the ceiling. What best describes this
situation? - Answers The seller cannot take the fans because they are fixtures.
, A married couple purchases property and takes title as Tenants by the Entirety. What is not true about
this? - Answers When the spouse dies their share will pass to their heirs including but not limited to the
surviving spouse.
The local government needs your land to build a new high school. They have the right to take your land
for the public good. What is this called? - Answers Eminent Domain
You have recently purchased property in an area regulated by zoning. It has come to your attention that
you have zoning violation on the property. What should you do? - Answers Request a variance from the
zoning board
One of the property owners in a subdivision is violating the deed restrictions. What can the other
property owners do to get him to comply? - Answers Seek an injunction from the courts
Your property boarders a non-navigable waterway and you have riparian rights. You have built a 10-foot
pier at the waters edge. How do you measure your property? - Answers To the middle of the waterway
Mary, a single woman, ha snow children. She owns real property and dies intestate. What happens to
her real property? - Answers The court will appoint an administrator and it will be distributed to her
heirs by the Law of Descent.
What is the best example of a buffer zone? - Answers Garden apartments between single family homes
and retail shops.
All of the following apply to water rights except? - Answers Prior appropriation
Main difference between Zoning and Master Planning? - Answers Zoning laws are implementation and
Master Planning is a process.
A property owner has a gas station on his land. The zoning committee changes the zoning to R-1. What
must a property owner do? - Answers Nothing. The property is automatically considered a con-
conforming use.
A property owner receives a notice that his land is an improvement district. What does this mean? -
Answers He wil l receive an additional tax bill.
A property owner has installed a chain link fence on his property. He has received an official notice
requiring the removal of this type of fence. This fence is most likely a violation of? - Answers Deed
Restrictions or Deed Covenants
A single property is regulated by building codes, zoning, and deed restrictions. The rules are in conflict
with one another. Which must the property owner obey? - Answers Whichever rules are the most strict
or limiting.
M.A.I. refers to what professional group? - Answers Real Estate Appraisers