1 Exampromax - Stuvia US 2025/2026
Aceable Real estate Georgia Section 1 Chapters
1-7 Questions and Answers (100% Correct
Answers) Already Graded A+
Tangible Property
Ans: is personal property that can be touched or moved. Anything other than
Real property.
Possessions that physically exist such as a house or toasty bagel. REAL ESTATE
IS TANGIBLE
Intangible Property
Ans: Property also known as incorporeal property that describes something which
© 2025 Assignment Expert
a person can have ownership of and can transfer to another person or coporation
like Stocks, Patents, and other Incorporal things.
Exampromax - Stuvia US
Conveyance
Ans: The action or process of transporting something from one place to another
or When property changes hands
Asset
Ans: Property owned by a person or company having value When someone buys
real estate and it is being conveyed. This is an item of value
Equity
Ans: The money value of a property or a portion of a property's total value owned
outright by holder of the title=to difference between market value and debt..
Deeds
Ans: A legal document signed and delivered. A transfer of legal title (by deed).
Conveyed or transferred.
Legal title
Ans: The Complete legal ownership of real property enforceable in court and
bundle of rights associated. When you officially assume ownership -taking title
Improvements
, 2 Exampromax - Stuvia US 2025/2026
Ans: What is done to real property that generally is the developmentment of land
or structures on the property that do more than replace or repair or restore the
original condition.
Any non natural structure built on or affixed to land. Buildings, fences, docks,
roads, improvements. A tree is not an improvement as not permanently fixed to
land=real estate.
Tenements
Ans: in law anything that is held rather than owned. Improvements are slightly
different from =======....... ---------- are permanently attached to the land that
can be natural or non natural. A tree is a --------- not improvement. A home is a ----
--- plus improvement.
Bundle of rights
© 2025 Assignment Expert
Ans: Full property ownership: Right to exclusion, right of possession, disposition,
quiet enjoyment, right of control and encumber.
Exampromax - Stuvia US
Right of exclusion
Ans: Gives right to tell anyone to get off the land or property
Right of Possession
Ans: Right to occupy , live, breath, do what you want on your own property
"right to use"
Right of Dispostion
Ans: Right to sell, lease and or will a property to anyone you choose or transfer
rights or some of them. (right to Transfer)
Right of Quiet Enjoyment
Ans: a Property owner has the Right to legally use the property for your
enjoyment however you want legally.
The right to Control
Ans: The owner controls the use of the property. Right to alter, change or
improve a property as owner sees fit. (build a tree house if you want) THIS
RIGHT AND RIGHT TO EMCUMBER are often rolled into one
Encumber
, 3 Exampromax - Stuvia US 2025/2026
Ans: A claim against the property by a party that is not the owner. It can impact
the transferability of the property and restrict its free use until emcumbrance is
lifted. Right to put a property on line as collateral for debt.
Land
Ans: Can refer to real estate or property MINUS buildings and equipment.
Natural resources seen on a surface but also the minerals below and above the
surface. The surface of earth including all permanently attached natural features.
IS LEAST INCLUSIVE OF 3 TERMS
Real estate
Ans: Is the land plus human made real estate (such as buildings) LAND AND
IMPROVEMENTS
© 2025 Assignment Expert
Real property
Exampromax - Stuvia US
Ans: Refers to the land and improvements made to it that is permanent PLUS
bundle of rights associated with real estate ownership. IS MOST INCLUSIVE
OF THE TERMS
Property
Ans: Any item that may be owned INCLUDING RIGHTS associated with it. A
set of physical things.
SITUS
Ans: The law of property Refers to where the property is location or the economic
location of real estate. Addresses the significance of a properties location . What
might make this property location valuable.
Fixity
Ans: The permanence of the investment and investments in real estate are long
term or the quality of being fixed in place as by some firm attachment. Addresses
the permanence of the land. Land cannot be moved. How does it impact
investments?
Scarcity
Aceable Real estate Georgia Section 1 Chapters
1-7 Questions and Answers (100% Correct
Answers) Already Graded A+
Tangible Property
Ans: is personal property that can be touched or moved. Anything other than
Real property.
Possessions that physically exist such as a house or toasty bagel. REAL ESTATE
IS TANGIBLE
Intangible Property
Ans: Property also known as incorporeal property that describes something which
© 2025 Assignment Expert
a person can have ownership of and can transfer to another person or coporation
like Stocks, Patents, and other Incorporal things.
Exampromax - Stuvia US
Conveyance
Ans: The action or process of transporting something from one place to another
or When property changes hands
Asset
Ans: Property owned by a person or company having value When someone buys
real estate and it is being conveyed. This is an item of value
Equity
Ans: The money value of a property or a portion of a property's total value owned
outright by holder of the title=to difference between market value and debt..
Deeds
Ans: A legal document signed and delivered. A transfer of legal title (by deed).
Conveyed or transferred.
Legal title
Ans: The Complete legal ownership of real property enforceable in court and
bundle of rights associated. When you officially assume ownership -taking title
Improvements
, 2 Exampromax - Stuvia US 2025/2026
Ans: What is done to real property that generally is the developmentment of land
or structures on the property that do more than replace or repair or restore the
original condition.
Any non natural structure built on or affixed to land. Buildings, fences, docks,
roads, improvements. A tree is not an improvement as not permanently fixed to
land=real estate.
Tenements
Ans: in law anything that is held rather than owned. Improvements are slightly
different from =======....... ---------- are permanently attached to the land that
can be natural or non natural. A tree is a --------- not improvement. A home is a ----
--- plus improvement.
Bundle of rights
© 2025 Assignment Expert
Ans: Full property ownership: Right to exclusion, right of possession, disposition,
quiet enjoyment, right of control and encumber.
Exampromax - Stuvia US
Right of exclusion
Ans: Gives right to tell anyone to get off the land or property
Right of Possession
Ans: Right to occupy , live, breath, do what you want on your own property
"right to use"
Right of Dispostion
Ans: Right to sell, lease and or will a property to anyone you choose or transfer
rights or some of them. (right to Transfer)
Right of Quiet Enjoyment
Ans: a Property owner has the Right to legally use the property for your
enjoyment however you want legally.
The right to Control
Ans: The owner controls the use of the property. Right to alter, change or
improve a property as owner sees fit. (build a tree house if you want) THIS
RIGHT AND RIGHT TO EMCUMBER are often rolled into one
Encumber
, 3 Exampromax - Stuvia US 2025/2026
Ans: A claim against the property by a party that is not the owner. It can impact
the transferability of the property and restrict its free use until emcumbrance is
lifted. Right to put a property on line as collateral for debt.
Land
Ans: Can refer to real estate or property MINUS buildings and equipment.
Natural resources seen on a surface but also the minerals below and above the
surface. The surface of earth including all permanently attached natural features.
IS LEAST INCLUSIVE OF 3 TERMS
Real estate
Ans: Is the land plus human made real estate (such as buildings) LAND AND
IMPROVEMENTS
© 2025 Assignment Expert
Real property
Exampromax - Stuvia US
Ans: Refers to the land and improvements made to it that is permanent PLUS
bundle of rights associated with real estate ownership. IS MOST INCLUSIVE
OF THE TERMS
Property
Ans: Any item that may be owned INCLUDING RIGHTS associated with it. A
set of physical things.
SITUS
Ans: The law of property Refers to where the property is location or the economic
location of real estate. Addresses the significance of a properties location . What
might make this property location valuable.
Fixity
Ans: The permanence of the investment and investments in real estate are long
term or the quality of being fixed in place as by some firm attachment. Addresses
the permanence of the land. Land cannot be moved. How does it impact
investments?
Scarcity
