AZ Real Estate Latest Exam [100% PASS] /verified/

AZ Real Estate Latest Exam [100% PASS] /verified/ Accession *Ans* Acquiring property when trade fixtures are not removed on or before the last day the property is rented. They become real property of the landlord. Fixture *Ans* An article/item that was once personal property but had been attached to land or a structure so it is now real property. Tests of a fixture *Ans* 1. Agreement 2. Intention (most important) 3. Attachment 4. Adaptation 5. Relationship 6. Cost (not a factor) Annexation *Ans* Converting personal property to real property Chattel *Ans* Also referred to as personal property Severance *Ans* Conversion of real property to personal property The three sections to the Code Of Ethics *Ans* 1. Duties to Clients and Customers 2. Duties to the Public 3. Duties to Realtors Title *Ans* Refers to ownership of real property Deed *Ans* The document by which the owner transfers real property Bundle of legal rights *Ans* 1. Disposition 2. Enjoyment 3. Exclusion 4. Possession 5. Control Appurtenance *Ans* The right or privilege associated with the property but not