answers with solutions 2025
equity is defined as - ANSWER the market value less the debt owed
what are the owners rights if their farm zoning is changed by the county to single family
residential ? - ANSWER their old use continues through non conforming use.
which police power allows a city to forcibly purchase a vacant lot to build a parking lot? -
ANSWER eminent domain
how do you transfer personal property in a sale ? - ANSWER Bill of sale
what is the area between businesses and wetlands? - ANSWER buffer-zone
the term used to denote not only the land and improvements to real estate but also the
intangible rights included is - ANSWER real property
a wife buys home with inheritance. how does she own it ? - ANSWER in severalty
an easement through your neighbors land for you to use to get to the lake is called - ANSWER an
appurtenance
when a grantor attests they are signing the deed of their own free will it is called - ANSWER
acknowledgement
bookshelves screwed into the wall in the family room is example of .. - ANSWER fixture
,a corn crop growing out in a field is an example of a - ANSWER emblement
condo ownership includes - ANSWER an undivided interest in common areas
an ice cream making machine bolted to the wall in a restaurant is an example of a - ANSWER
trade fixture
can a tenant remove a trade fixture one the lease is up? - ANSWER yes but any damages must
be repaired
how does a corporation own real estate? - ANSWER in severalty
the bundle of rights is part of the def of - ANSWER REAL PROPERTY
if you cut a tree down in your yard and stack it up into cords of wood what has happened? -
ANSWER severance turning real property into personal
the reversion of a property to the state or county when a person dies intestate with no heirs or
property is abandoned this is called - ANSWER escheat
this is used as a transition between two incompatible zones - ANSWER buffer zone
a permitted use of real property that was lawfully established at the time of original
construction but no longer conforms to existing zoning is called - ANSWER NON- Conforming
use
,this refers to the number of lots a parcel of ground can be subdivided into - ANSWER gross
density
the party that USES an appurtenant easement is called - ANSWER DOMINANT estate
the parcel that provides the land for the easement is the - ANSWER SERVIENT estate
which type of easement attaches to the owner land and transfers to the new owner - ANSWER
appurtenant easement
these agreements are personal in nature, does not attach to the dominate estate, rather a
person or entity - ANSWER easements in gross
access created by the courts to grant a landlocked owner access is - ANSWER easement by
necessity
initially the neighbors believe and agree to a property line but later find out its in the wrong
spot. what legal concept would leave the fence where is was originally placed? - ANSWER
boundary by agreement
an unauthorized invasion or intrusion of an improvement or other real property onto anothers
property is a(n) - ANSWER encroachment
a possible encroachment is determined by a - ANSWER Survey
what is the legal description style which uses a map that references streets easements and
points of beginning? - ANSWER recorded plat
, the style of legal description that uses monuments and compass direction is - ANSWER metes
and bound
Which is not an approved method to legally describe real estate in Idaho - ANSWER Street
address
An estate refers to - ANSWER Certain rights and the extent of ownership in land
How may a life estate be established - ANSWER By the provisions of the deceased estate
When does an ordinary life estate terminate - ANSWER Upon the death of the life tenant
Legal life estates are - ANSWER For husbands and wives only
When a personal residences is foreclosed on this law would protect some of the equity against
unsecured creditors - ANSWER Home stead law
If one dies with a will they die - ANSWER Testate
If one dies without a will and no Heirs can be located their property goes to the state through -
ANSWER Escheat
Having your river front lot grow in size because the current deposits sediment on your lot is
called - ANSWER Accretion
What's the requirements to establish an adverse possession claim - ANSWER Poacher - pay
taxes -open(not hiding it ) -actual possession-continuous for 20years -hostile to the owner-
exclusive to the possessing party-really quiet title.