of a parcel of real estate. T/F?
D - correct answer Mineral rights are:
A. Always considered to be personal property
B. Always pass with the land
C. Cannot be sold separately from the land
D. Pass with the land, unless otherwise specified in the deed
C - correct answer Which of the following is NOT an improvement of land?
A. Building
B. Sidewalk
C. Corn crop
D. Flower bed
,A - correct answer Six months after Brady bought his home, he installed custom made storm windows
and doors throughout the house. Later, when he sells his property, will these storm windows and doors
automatically convey with the house?
A. Yes, unless in advance of the sale, Brady clearly specifies that they will be removed.
B. Yes, if he lived in the property at least a year before the sale.
C. No, because they were not part of the original structure
D. No, because they can be removed, if they are taken off carefully
A - correct answer David owns property along the banks of the Little Big Horn River. Scott owns property
adjoining David's, and has access to the highway, but not to the river. Scott and David grant each other
appurtenant easements to cross each others property to get to the road and the river respectively. The
riparian rights associated with property ownership belong to:
A. David because his property borders the river
B. Scott, because he has an easement to cross David's land
C. Both David and Scott
D. Neither
C - correct answer Which of the following is NOT a test of a fixture?
A. Manner of attachment
B. An agreement between the parties
C. Time of attachment
D. Manner of adaptation
B - correct answer Which of the following best describes a parcel of land?
A. The surface of the earth including control of all minerals and substances beneath
B. The surface of the earth extending down to the center and upward to the sky
C. The earth's surface closely marked by certain boundaries
D. The surface of the earth extending down a reasonable distance and up into the air a reasonable
distance
False - correct answer Littoral rights is a term referring to all water rights T/F?
,C b- bcorrect banswer bEach bof bthe bfollowing bis ba btest bof bwhether bor bnot bsomething bis ba bfixture, bEXCEPT:
A. bMethod bof battachment
B. bAdaptability
C. bCost
D. bRelationship bof bthe bparties
Ownership b- bcorrect banswer bThe bright bof bone bparty bto bpossess band buse breal bproperty bexclusive bof
bothers bis:
C b- bcorrect banswer bA bprospective bbuyer bnoticed ban bornate bflag bpole battached bto bthe bfront bporch bof
bthe bhouse bshe bwants bto bpurchase. bShe bwants bto bmake bcertain bthat bthe bflag bpole bis bincluded bin bthe
bsale. bWhat bshould bthe bagent bdo?
A, bBecause bthe bpole bis battached band bwill bautomatically bconvey
B. bcall bseller band badvise bthem bthe bbuyer bwants bthe bpole
C. binclude bthe bflag bpole bin bthe boffer bto bpurchase b
D. bphotograph bthe bflag bpole bas bevidence bof bits battachment
B b- bcorrect banswer bA bcouple bis binterested bin bbuying ba bhouse bthat bhas ban bodd bshaped bliving broom. bThe
bcurrent bowners bhad ba bcustom-made, bfree-standing bbookcase bbuilt bto bspecifically bfit binto bone bpart bof
bthe broom. bThe bbuyer bbelieves bthis bis ba bfixture bbecause bit bis buniquely badapted bto bthis bspecific broom.
bThe bseller bbelieves bthis bis bnot ba bfixture bbecause bit bis bfree-standing. bTo bavoid bany bmisunderstandings,
bwhat bshould bthe blisting blicensee bdo?
A. bAssure bthe bseller bthere bis bnothing bto bworry babout
B. bInclude ba bprovision bin bthe bagreement bof bsale b(and blisting bcontract) bthat bstates bwhether bthe
bbookcase bis bincluded bwith bthe bsale bor bnot.
C. bAssure bthe bbuyer bthere bis bnothing bto bworry babout
D. bFile ban binterpleader baction bin bcourt
B b- bcorrect banswer bReal bproperty bwould binclude:
A. bFixtures
B. bEach bof bthese bchoices
, C. bAir bspace
D. bMineral brights
a bfixture b- bcorrect banswer bPersonal bproperty bwhich bis battached bto ba bbuilding band bwhich bwill bconvey
bwith bthe bland bis bknown bas?
B b- bcorrect banswer bAll bof bthe bfollowing bare bpersonal bproperty bEXCEPT:
A. bTrade bfixtures
B. ba bprivacy bfence
C. bpatio bfurniture
D. bportable bdishwasher
assemblage; bplottage b- bcorrect banswer bMerging btwo bor bmore bproperties binto bcommon bownership bis
bknown bas b_____, bwhile bany bincrease bin bvalue bthat bresults bis bknown bas b_____.
Situs b- bcorrect banswer bTwo breal bestate bdevelopers bare bworking bon bsimilar bbut bcompeting bcommercial
bdevelopments. bBoth bprojects bare bfinished bat bapproximately bthe bsame btime band bare bof bsimilar bquality
band bpurpose. bWhich bof bthe bfollowing bwould bmost blikely bcharacterize bthe breasons bthat bone bsucceeds
bwhile bthe bother bfails?
erosion b- bcorrect banswer bWhen bthe baction bof bwater bcauses bmoves bsoil baway bfrom ba bproperty, bthat bis
breferred bto bas:
C b- bcorrect banswer bZorba bleases ba brestaurant. bHe binstalls bovens, bbooths band bcounters. bWhich bof bthe
bfollowing bis btrue?
A. bThe bovens, bbooths band bcounters bare bfixtures bthat bbelong bto bthe bowner bof bthe bproperty band bcannot
bbe bremoved
B. bThe bovens, bbooths band bcounters bare btrade bfixtures band bcan bbe bremoved bby bZorba bat bany btime bprior
bto bor bafter bthe bexpiration bof bthe blease.
C. bThe bovens, bbooths band bcounters bare btrade bfixtures band bcan bbe bremoved bonly bprior bto bthe
bexpiration bof bZorba's blease
D. bZorba bis bnot bresponsible bfor bany bdamage bcaused bby bthe bremoval bof bthe bfixtures