CE SHOP SECTION 8 REAL PROPERTY
OWNERSHIP EXAM QUESTIONS AND
ANSWERS
Exclusion - Answer-The right to refuse others entry to, or use of, the property
Control - Answer-The right to determine how the property will be used by the owner, or
by others.
Similar to enjoyment, but extends to other parties
Disposition - Answer-The right to dispose of any interest in the property- by sale, lien,
easement, lease, etc.
Chattel - Answer-Personal property
Fixture - Answer-A piece of equipment or furniture which is fixed in position
Light fixture, door, etc.
Trade Fixtures - Answer-In commercial properties, these are items affixed to the
property, but for business use.
Display shelves, dentist chair, etc.
Annex - Answer-To add to, attach: to incorporate as an extra part
What are the 5 tests to determine whether an item is a fixture or personal property -
Answer-"MARIA"
Method of annexation
Adaptability of item to land's use
Relationship of the parties
Intention in placing item on land
Agreement of the parties
Method of Annexation - Answer-How permanent is the method of attachment? Can it be
removed without causing damage to the property? If not, it is real property
Adaptability of Item to Land's Use - Answer-How the item is situated or adapted to real
property.
,If a fireplace is part of an outdoor entertainment center, it can be considered real
property, because of how it has adapted to the environment.
Garage door openers, etc.
Economic Characteristics of Land - Answer-Scarcity, improvements, permanence of
investment, & location/area preference
Scarcity - Answer-Limited quantities of resources to meet unlimited wants
Improvements - Answer-Structures, such as buildings, sheds, barns, fences, roadways,
etc. placed on land.
Condition & types can affect property value, as well as surrounding property value
Permanence of Investment - Answer-Things that can't be easily reversed
Roads, sewer systems, electric installations, etc.
Situs - Answer-Location of land
Physical characteristics of Land - Answer-Immobility, Indestructability, Uniqueness
Parcel - Answer-Piece of land
Nonhomogeneity - Answer-A lack of uniformity. Uniqueness
Legal Description - Answer-A description of land that specifies the boundaries &
location of a piece of real property.
Appear on deeds & other legal documents
Survey - Answer-Sometimes required to verify, clarify, correct, or create a legal
description
Professional on-site measurement of the lot lines and dimensions of a property.
Includes the location of any improvements (such as a house) on the lot, any
encroachments that may exist, and any easements of public record.
Metes & Bounds System - Answer-Uses monuments, compass headings, & directions.
The language & numbers are derived from a survey
Lot & Block System - Answer-Used mainly in urban & suburban areas for subdivided
land.
"Plat Reference System"
, A large parcel of land is surveyed, then divided into smaller parcels- each smaller parcel
is identified by a number or letter
Block - Answer-Groups of contiguous parcels (lots) bordered by streets & are
numbered, as well (i.e., city blocks)
Rectangular Government Survey System (RGSS) - Answer-Divides surveyed land into
6-mile-square townships.
Townships are further divided into sections & fractions of sections
What are other names for the RGSS - Answer-Public Land Survey System (PLSS)
Government Survey System (GSS)
Plat - Answer-Plot of land
Monument - Answer-A permanent physical marker, either man-made or natural
Metes - Answer-Direction & distance of a line forming the boundary of a property.
Compasses are used to determine direction
Bounds - Answer-Physical features that define the boundaries of the land.
May use the name of a tree, creek, owners of bordering land, & even piles of rocks
Point of Beginning - Answer-The starting point in a metes and bounds description. A
monument or a point described by reference to a monument.
What does a surveyor use to first create the lot & block system - Answer-A subdivision
plat
First step in a Lot & Block System survey - Answer-Referencing either a rectangular
government survey or a metes & bounds description.
Second step in a Lot & Block System survey - Answer-The land is divided into lots with
a numerical designation of a parcel.
How is land divided, in lot & block systems - Answer-Into numbered/lettered lots &
blocks- including streets, access roads, & other important features
Are lot measurements & distances between points included in lot & block systems -
Answer-Yes
What is included in plat descriptions - Answer--Reference to the section, block & lot on
the tax map
-Plat book & page number
OWNERSHIP EXAM QUESTIONS AND
ANSWERS
Exclusion - Answer-The right to refuse others entry to, or use of, the property
Control - Answer-The right to determine how the property will be used by the owner, or
by others.
Similar to enjoyment, but extends to other parties
Disposition - Answer-The right to dispose of any interest in the property- by sale, lien,
easement, lease, etc.
Chattel - Answer-Personal property
Fixture - Answer-A piece of equipment or furniture which is fixed in position
Light fixture, door, etc.
Trade Fixtures - Answer-In commercial properties, these are items affixed to the
property, but for business use.
Display shelves, dentist chair, etc.
Annex - Answer-To add to, attach: to incorporate as an extra part
What are the 5 tests to determine whether an item is a fixture or personal property -
Answer-"MARIA"
Method of annexation
Adaptability of item to land's use
Relationship of the parties
Intention in placing item on land
Agreement of the parties
Method of Annexation - Answer-How permanent is the method of attachment? Can it be
removed without causing damage to the property? If not, it is real property
Adaptability of Item to Land's Use - Answer-How the item is situated or adapted to real
property.
,If a fireplace is part of an outdoor entertainment center, it can be considered real
property, because of how it has adapted to the environment.
Garage door openers, etc.
Economic Characteristics of Land - Answer-Scarcity, improvements, permanence of
investment, & location/area preference
Scarcity - Answer-Limited quantities of resources to meet unlimited wants
Improvements - Answer-Structures, such as buildings, sheds, barns, fences, roadways,
etc. placed on land.
Condition & types can affect property value, as well as surrounding property value
Permanence of Investment - Answer-Things that can't be easily reversed
Roads, sewer systems, electric installations, etc.
Situs - Answer-Location of land
Physical characteristics of Land - Answer-Immobility, Indestructability, Uniqueness
Parcel - Answer-Piece of land
Nonhomogeneity - Answer-A lack of uniformity. Uniqueness
Legal Description - Answer-A description of land that specifies the boundaries &
location of a piece of real property.
Appear on deeds & other legal documents
Survey - Answer-Sometimes required to verify, clarify, correct, or create a legal
description
Professional on-site measurement of the lot lines and dimensions of a property.
Includes the location of any improvements (such as a house) on the lot, any
encroachments that may exist, and any easements of public record.
Metes & Bounds System - Answer-Uses monuments, compass headings, & directions.
The language & numbers are derived from a survey
Lot & Block System - Answer-Used mainly in urban & suburban areas for subdivided
land.
"Plat Reference System"
, A large parcel of land is surveyed, then divided into smaller parcels- each smaller parcel
is identified by a number or letter
Block - Answer-Groups of contiguous parcels (lots) bordered by streets & are
numbered, as well (i.e., city blocks)
Rectangular Government Survey System (RGSS) - Answer-Divides surveyed land into
6-mile-square townships.
Townships are further divided into sections & fractions of sections
What are other names for the RGSS - Answer-Public Land Survey System (PLSS)
Government Survey System (GSS)
Plat - Answer-Plot of land
Monument - Answer-A permanent physical marker, either man-made or natural
Metes - Answer-Direction & distance of a line forming the boundary of a property.
Compasses are used to determine direction
Bounds - Answer-Physical features that define the boundaries of the land.
May use the name of a tree, creek, owners of bordering land, & even piles of rocks
Point of Beginning - Answer-The starting point in a metes and bounds description. A
monument or a point described by reference to a monument.
What does a surveyor use to first create the lot & block system - Answer-A subdivision
plat
First step in a Lot & Block System survey - Answer-Referencing either a rectangular
government survey or a metes & bounds description.
Second step in a Lot & Block System survey - Answer-The land is divided into lots with
a numerical designation of a parcel.
How is land divided, in lot & block systems - Answer-Into numbered/lettered lots &
blocks- including streets, access roads, & other important features
Are lot measurements & distances between points included in lot & block systems -
Answer-Yes
What is included in plat descriptions - Answer--Reference to the section, block & lot on
the tax map
-Plat book & page number
