100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Exam (elaborations)

Barney Fletcher Real Estate Exam Questions and Answers Already Passed Latest Update 2025

Rating
-
Sold
-
Pages
37
Grade
A+
Uploaded on
22-03-2025
Written in
2024/2025

Barney Fletcher Real Estate Exam Questions and Answers Already Passed Latest Update 2025 False - Answers Surface rights consist of only the right to control, occupy, and use the surface area of a parcel of real estate. T/F? D - Answers 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 - Answers Which of the following is NOT an improvement of land? A. Building B. Sidewalk C. Corn crop D. Flower bed A - Answers 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 - Answers 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 - Answers 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 - Answers 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 - Answers Littoral rights is a term referring to all water rights T/F? C - Answers Each of the following is a test of whether or not something is a fixture, EXCEPT: A. Method of attachment B. Adaptability C. Cost D. Relationship of the parties Ownership - Answers The right of one party to possess and use real property exclusive of others is: C - Answers A prospective buyer noticed an ornate flag pole attached to the front porch of the house she wants to purchase. She wants to make certain that the flag pole is included in the sale. What should the agent do? A, Because the pole is attached and will automatically convey B. call seller and advise them the buyer wants the pole C. include the flag pole in the offer to purchase D. photograph the flag pole as evidence of its attachment B - Answers A couple is interested in buying a house that has an odd shaped living room. The current owners had a custom-made, free-standing bookcase built to specifically fit into one part of the room. The buyer believes this is a fixture because it is uniquely adapted to this specific room. The seller believes this is not a fixture because it is free-standing. To avoid any misunderstandings, what should the listing licensee do? A. Assure the seller there is nothing to worry about B. Include a provision in the agreement of sale (and listing contract) that states whether the bookcase is included with the sale or not. C. Assure the buyer there is nothing to worry about D. File an interpleader action in court B - Answers Real property would include: A. Fixtures B. Each of these choices C. Air space D. Mineral rights a fixture - Answers Personal property which is attached to a building and which will convey with the land is known as? B - Answers All of the following are personal property EXCEPT: A. Trade fixtures B. a privacy fence

Show more Read less
Institution
Barney Fletcher Real Estate
Course
Barney Fletcher Real Estate











Whoops! We can’t load your doc right now. Try again or contact support.

Written for

Institution
Barney Fletcher Real Estate
Course
Barney Fletcher Real Estate

Document information

Uploaded on
March 22, 2025
Number of pages
37
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Barney Fletcher Real Estate Exam Questions and Answers Already Passed Latest Update 2025

False - Answers Surface rights consist of only the right to control, occupy, and use the surface area of a
parcel of real estate. T/F?

D - Answers 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 - Answers Which of the following is NOT an improvement of land?

A. Building

B. Sidewalk

C. Corn crop

D. Flower bed

A - Answers 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 - Answers 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 - Answers 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 - Answers 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 - Answers Littoral rights is a term referring to all water rights T/F?

C - Answers Each of the following is a test of whether or not something is a fixture, EXCEPT:

A. Method of attachment

B. Adaptability

C. Cost

D. Relationship of the parties

Ownership - Answers The right of one party to possess and use real property exclusive of others is:

C - Answers A prospective buyer noticed an ornate flag pole attached to the front porch of the house she
wants to purchase. She wants to make certain that the flag pole is included in the sale. What should the
agent do?

A, Because the pole is attached and will automatically convey

B. call seller and advise them the buyer wants the pole

C. include the flag pole in the offer to purchase

D. photograph the flag pole as evidence of its attachment

B - Answers A couple is interested in buying a house that has an odd shaped living room. The current
owners had a custom-made, free-standing bookcase built to specifically fit into one part of the room.

,The buyer believes this is a fixture because it is uniquely adapted to this specific room. The seller
believes this is not a fixture because it is free-standing. To avoid any misunderstandings, what should
the listing licensee do?

A. Assure the seller there is nothing to worry about

B. Include a provision in the agreement of sale (and listing contract) that states whether the bookcase is
included with the sale or not.

C. Assure the buyer there is nothing to worry about

D. File an interpleader action in court

B - Answers Real property would include:

A. Fixtures

B. Each of these choices

C. Air space

D. Mineral rights

a fixture - Answers Personal property which is attached to a building and which will convey with the land
is known as?

B - Answers All of the following are personal property EXCEPT:

A. Trade fixtures

B. a privacy fence

C. patio furniture

D. portable dishwasher

assemblage; plottage - Answers Merging two or more properties into common ownership is known as
_____, while any increase in value that results is known as _____.

Situs - Answers Two real estate developers are working on similar but competing commercial
developments. Both projects are finished at approximately the same time and are of similar quality and
purpose. Which of the following would most likely characterize the reasons that one succeeds while the
other fails?

erosion - Answers When the action of water causes moves soil away from a property, that is referred to
as:

, C - Answers Zorba leases a restaurant. He installs ovens, booths and counters. Which of the following is
true?

A. The ovens, booths and counters are fixtures that belong to the owner of the property and cannot be
removed

B. The ovens, booths and counters are trade fixtures and can be removed by Zorba at any time prior to
or after the expiration of the lease.

C. The ovens, booths and counters are trade fixtures and can be removed only prior to the expiration of
Zorba's lease

D. Zorba is not responsible for any damage caused by the removal of the fixtures

True - Answers Stocks, bonds, notes and mortgages are personal property. T/F?

C; E - Answers Which of the following is NOT recognized as personal property? (2)

A. a lease

B. a mortgage that secures personal property

C. Replacement fixtures

D. Cattle and horses

E. an easement

trade - Answers a ______ fixture can be affixed to real property without becoming legal part of the
property

False - Answers Trade fixtures may not be removed from leased premises once they are affixed. T/F?

True - Answers Trade fixtures do not include replacement fixtures. T/F?

emblements - Answers Fructus industriales is another term for:

Chattel - Answers all property other than real property is known as _____

True - Answers A bill of sale is to personal property as a deed is to real property. T/F?

Price - Answers The actual amount of money paid for a particular parcel of real estate is said to be that
property's:

False - Answers In an ideal market, the forces of supply and demand are always chaotic. T/F?

his or her broker-employer - Answers A licensed real estate salesperson may legally accept an extra
commission for a difficult sale from:

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
TutorJosh Chamberlain College Of Nursing
View profile
Follow You need to be logged in order to follow users or courses
Sold
361
Member since
1 year
Number of followers
16
Documents
29611
Last sold
4 hours ago
Tutor Joshua

Here You will find all Documents and Package Deals Offered By Tutor Joshua.

3.6

59 reviews

5
21
4
15
3
12
2
0
1
11

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions