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This service is least likely to be offered at a RE office: - ✔✔Insurance
Ownership implies everything except: - ✔✔Destruction
Of the following liens which has second priority?
1. Late property taxes since 2007
2. Mortgage recorded in 2004
3. IRS lien recorded in 2008 - ✔✔Mortgage
You plan to build a high rise building over a railroad track you need to purchase: -
✔✔Air rights and land caissons for footings of the building
Real property can be divided into corporeal and incorporeal. A incorporeal right would
be: - ✔✔Easements
Installing a special foundation for heavy machinery would be considered: -
✔✔Improvement to the property
This is an interest in real property: - ✔✔Fences
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, An article may be changed from realty to personality by: - ✔✔Detachment
These are always personal property: - ✔✔Trade fixtures
Harvested crops would be considered: - ✔✔Personal property
Shelving that is securely fastened in a leased retail store is considered: - ✔✔Trade
fixture
The 2 classifications of water law in Arizona are: - ✔✔Ground and surface
Except during the time of an emergency, property cannot be confiscated through use of:
- ✔✔Police power
Police power is: - ✔✔A limitation of use of property by the government
In the allodial system of land ownership this would not apply: - ✔✔Freedom
Zoning laws are the utilization of: - ✔✔A states police power
Churches are NOT considered: - ✔✔Commercial property
Why does a city planner include industrial and commercial areas as part of the total
community? - ✔✔To have a broader tax base
COST of items is never used in determining: - ✔✔Weather items of personal property
have become real property
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