Barney Fletcher Section I - Intro to Real Estate questions
with verified answers
Abutting Ans✓✓✓ bordering, adjacent to, physically adjoining
Accretion Ans✓✓✓ the process of the addition of soil to real estate by
natural causes (see Alluvion)
Air Rights Ans✓✓✓ The rights to use the air above the land.
Amenities Ans✓✓✓ The intangible aspects of property that give
pleasure and satisfaction to the owner, such as attractive design, good
view, etc.
Anchor Tenant Ans✓✓✓ The tenant in a shopping center that leases
the largest space and will draw the greatest amount of traffic. e.g.
grocery store in a plaza or a major department store in a mall.
Anti-Trust Laws Ans✓✓✓ Laws to control monopoly power and to
preserve and promote competition.
Appurtennance Ans✓✓✓ A right, privilege, or improvement belonging
to and passing with the principal property. It is not necessarily a part of
the property. Ex: A right of way through a neighbor's land.
, Assemblage Ans✓✓✓ The combining of adjoining separate parcels of
land into a single tract. Assemblage value (plottage value) refers to the
increase in value that results when parcels are combined, thereby
creating a site that has greater value than the sum of lots individually
considered.
Attachment Ans✓✓✓ Seizure of property by court order, to insure
payment of a debt or to have it available to satisfy a possible
judgement.
Base Line Ans✓✓✓ Imaginary line running east and west used by
surveyors as a reference in describing land under the government
survey system.
Bay Window Ans✓✓✓ Window that sticks out from the outer wall of a
house and usually has three sides.
Benchmark Ans✓✓✓ A formal reference marker, placed by a surveyor
at a known elevation point from which elevators in a topographical
survey may be calculated.
Bequest Ans✓✓✓ A gift of personal property by will.
Blueprints Ans✓✓✓ A drawing of a design plan.
with verified answers
Abutting Ans✓✓✓ bordering, adjacent to, physically adjoining
Accretion Ans✓✓✓ the process of the addition of soil to real estate by
natural causes (see Alluvion)
Air Rights Ans✓✓✓ The rights to use the air above the land.
Amenities Ans✓✓✓ The intangible aspects of property that give
pleasure and satisfaction to the owner, such as attractive design, good
view, etc.
Anchor Tenant Ans✓✓✓ The tenant in a shopping center that leases
the largest space and will draw the greatest amount of traffic. e.g.
grocery store in a plaza or a major department store in a mall.
Anti-Trust Laws Ans✓✓✓ Laws to control monopoly power and to
preserve and promote competition.
Appurtennance Ans✓✓✓ A right, privilege, or improvement belonging
to and passing with the principal property. It is not necessarily a part of
the property. Ex: A right of way through a neighbor's land.
, Assemblage Ans✓✓✓ The combining of adjoining separate parcels of
land into a single tract. Assemblage value (plottage value) refers to the
increase in value that results when parcels are combined, thereby
creating a site that has greater value than the sum of lots individually
considered.
Attachment Ans✓✓✓ Seizure of property by court order, to insure
payment of a debt or to have it available to satisfy a possible
judgement.
Base Line Ans✓✓✓ Imaginary line running east and west used by
surveyors as a reference in describing land under the government
survey system.
Bay Window Ans✓✓✓ Window that sticks out from the outer wall of a
house and usually has three sides.
Benchmark Ans✓✓✓ A formal reference marker, placed by a surveyor
at a known elevation point from which elevators in a topographical
survey may be calculated.
Bequest Ans✓✓✓ A gift of personal property by will.
Blueprints Ans✓✓✓ A drawing of a design plan.
