REAL PROPERTY AND THE LAW
PRACTICE EXAM QUESTIONS AND
ANSWERS
Intent of the parties, method of attachment, adaptation to real estate, and agreement
between the parties are the legal tests for determining whether an item is - Answer-a
fixture or personal property
A home owner building a new enclosed from porch on his home. A truckload of
lumber has been left in his driveway for use in building the porch. At this point, the
lumber is considered - Answer-Personal property
When moving into a newly purchased home, the buyer discovered that the seller has
taken the electric lighting units that were installed over the vanity. The seller had not
indicated in the sales contract that these would be removed. Which is true - Answer-
Installed lighting units normally are considered real estate fixtures
An owner decides to sell her house and takes the antique front door with her when
she moves. In the absence of any provision in the contract, is the owner allowed to
remove the door? - Answer-No, this act of severance is not allowed at the time of
selling because the front door is a fixture
Which best describes the economic characteristic of real estate - Answer-Scarcity,
improvement, and location
According to law, a trade fixture is - Answer-Chattel
Personal property that is used in the course of business.
Usually owner and installed by a tenant for tenant's use.
Trade fixtures are removable by the tenant before lease expires
Which of the following is considered to be personal property - Answer-Patio Furniture
NOT Permanently affixed to the land. Also called "chattel" or "personalty"
Which of the following is NOT a physical characteristic of land - Answer-Scarcity
Characteristics include:
-Indestructibility
- Uniqueness
- Immobility
The phrase "bundle of legal rights" is properly included in - Answer-The definition of
real property
PRACTICE EXAM QUESTIONS AND
ANSWERS
Intent of the parties, method of attachment, adaptation to real estate, and agreement
between the parties are the legal tests for determining whether an item is - Answer-a
fixture or personal property
A home owner building a new enclosed from porch on his home. A truckload of
lumber has been left in his driveway for use in building the porch. At this point, the
lumber is considered - Answer-Personal property
When moving into a newly purchased home, the buyer discovered that the seller has
taken the electric lighting units that were installed over the vanity. The seller had not
indicated in the sales contract that these would be removed. Which is true - Answer-
Installed lighting units normally are considered real estate fixtures
An owner decides to sell her house and takes the antique front door with her when
she moves. In the absence of any provision in the contract, is the owner allowed to
remove the door? - Answer-No, this act of severance is not allowed at the time of
selling because the front door is a fixture
Which best describes the economic characteristic of real estate - Answer-Scarcity,
improvement, and location
According to law, a trade fixture is - Answer-Chattel
Personal property that is used in the course of business.
Usually owner and installed by a tenant for tenant's use.
Trade fixtures are removable by the tenant before lease expires
Which of the following is considered to be personal property - Answer-Patio Furniture
NOT Permanently affixed to the land. Also called "chattel" or "personalty"
Which of the following is NOT a physical characteristic of land - Answer-Scarcity
Characteristics include:
-Indestructibility
- Uniqueness
- Immobility
The phrase "bundle of legal rights" is properly included in - Answer-The definition of
real property
