BARNEY FLETCHER REAL ESTATE EXAM ACTUAL
EXAM QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
Surface |rights |consist |of |only |the |right |to |control, |occupy, |and |use |the |surface |area |of |a |parcel |
of |real |estate. |T/F? |- |CORRECT |ANSWER✔✔-False
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 |- |CORRECT |ANSWER✔✔-D
Which |of |the |following |is |NOT |an |improvement |of |land?
A. |Building
B. |Sidewalk
C. |Corn |crop
D. |Flower |bed |- |CORRECT |ANSWER✔✔-C
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 |- |CORRECT |ANSWER✔✔-A
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 |- |CORRECT |ANSWER✔✔-A
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 |- |CORRECT |ANSWER✔✔-C
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 |- |CORRECT |ANSWER✔✔-B
Littoral |rights |is |a |term |referring |to |all |water |rights |T/F? |- |CORRECT |ANSWER✔✔-False
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 |- |CORRECT |ANSWER✔✔-C
The |right |of |one |party |to |possess |and |use |real |property |exclusive |of |others |is: |- |CORRECT |
ANSWER✔✔-Ownership
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 |- |CORRECT |ANSWER✔✔-C
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 |- |CORRECT |ANSWER✔✔-B
Real |property |would |include:
A. |Fixtures
, B. |Each |of |these |choices
C. |Air |space
D. |Mineral |rights |- |CORRECT |ANSWER✔✔-B
Personal |property |which |is |attached |to |a |building |and |which |will |convey |with |the |land |is |
known |as? |- |CORRECT |ANSWER✔✔-a |fixture
All |of |the |following |are |personal |property |EXCEPT:
A. |Trade |fixtures
B. |a |privacy |fence
C. |patio |furniture
D. |portable |dishwasher |- |CORRECT |ANSWER✔✔-B
Merging |two |or |more |properties |into |common |ownership |is |known |as |_____, |while |any |
increase |in |value |that |results |is |known |as |_____. |- |CORRECT |ANSWER✔✔-assemblage; |
plottage
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? |- |CORRECT |ANSWER✔✔-Situs
When |the |action |of |water |causes |moves |soil |away |from |a |property, |that |is |referred |to |as: |- |
CORRECT |ANSWER✔✔-erosion
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
EXAM QUESTIONS WITH DETAILED VERIFIED
ANSWERS (100% CORRECT ANSWERS)
Surface |rights |consist |of |only |the |right |to |control, |occupy, |and |use |the |surface |area |of |a |parcel |
of |real |estate. |T/F? |- |CORRECT |ANSWER✔✔-False
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 |- |CORRECT |ANSWER✔✔-D
Which |of |the |following |is |NOT |an |improvement |of |land?
A. |Building
B. |Sidewalk
C. |Corn |crop
D. |Flower |bed |- |CORRECT |ANSWER✔✔-C
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 |- |CORRECT |ANSWER✔✔-A
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 |- |CORRECT |ANSWER✔✔-A
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 |- |CORRECT |ANSWER✔✔-C
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 |- |CORRECT |ANSWER✔✔-B
Littoral |rights |is |a |term |referring |to |all |water |rights |T/F? |- |CORRECT |ANSWER✔✔-False
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 |- |CORRECT |ANSWER✔✔-C
The |right |of |one |party |to |possess |and |use |real |property |exclusive |of |others |is: |- |CORRECT |
ANSWER✔✔-Ownership
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 |- |CORRECT |ANSWER✔✔-C
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 |- |CORRECT |ANSWER✔✔-B
Real |property |would |include:
A. |Fixtures
, B. |Each |of |these |choices
C. |Air |space
D. |Mineral |rights |- |CORRECT |ANSWER✔✔-B
Personal |property |which |is |attached |to |a |building |and |which |will |convey |with |the |land |is |
known |as? |- |CORRECT |ANSWER✔✔-a |fixture
All |of |the |following |are |personal |property |EXCEPT:
A. |Trade |fixtures
B. |a |privacy |fence
C. |patio |furniture
D. |portable |dishwasher |- |CORRECT |ANSWER✔✔-B
Merging |two |or |more |properties |into |common |ownership |is |known |as |_____, |while |any |
increase |in |value |that |results |is |known |as |_____. |- |CORRECT |ANSWER✔✔-assemblage; |
plottage
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? |- |CORRECT |ANSWER✔✔-Situs
When |the |action |of |water |causes |moves |soil |away |from |a |property, |that |is |referred |to |as: |- |
CORRECT |ANSWER✔✔-erosion
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
