Barney Fletcher Real Estate Exam,
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Assemblage - ANSWER✅✅combining two or more contiguous parcels of real estate
into a single parcel under one ownership
plottage - ANSWER✅✅an increase in value resulting from assemblage
fixture - ANSWER✅✅personal property that is permanently attached to real
property and goes with the property when its sold
what makes something a fixture - ANSWER✅✅if object was fixed or installed with
the intention of improving the home
appurtenances - ANSWER✅✅when new fixtures are attached ex. heat/air, roof
have brokers license but are working for another broker - ANSWER✅✅associate
broker
, principal/employing broker - ANSWER✅✅in charge of and responsible for all real
estate operations conducted by a real estate brokerage firm
which type of land description are the properties described as they relate to
meridians - ANSWER✅✅government / rectangular survey
alienation of title - ANSWER✅✅any change of ownership - transferring ownership
rights or interests in real property from one person to another
legal title - ANSWER✅✅right of ownership of a parcel of real property held by an
owner
equitable title - ANSWER✅✅interest in a piece of real estate held by a buyer held
under a contract to obtain absolute ownership of the property at a future date
bare legal title - ANSWER✅✅lacks the usual rights and privileges associated with
ownership
constructive notice - ANSWER✅✅information has been made available to the
public
inquiry notice - ANSWER✅✅when factors exist that make someone inquire further
ex. dirt road running across you would inquire whether there is an easement in place
marketable title - ANSWER✅✅a title free from reasonable doubt as to who the
owner is
abstract of title - ANSWER✅✅detailed report of the title search
torrens system - ANSWER✅✅an owner petitions the state court to register his
property
transfer of land
allodial system - ANSWER✅✅individuals are able to own land
eminent domain - ANSWER✅✅right of govs to assume property for necessary
public use
escheat - ANSWER✅✅power the gov has when someone dies intestate and leaves
no known heirs
PETE - powers of gov over title - ANSWER✅✅police power, eminent domain,
taxation, escheat
encroachment - ANSWER✅✅unauthorized infringement on a property owners
rights as a result of physical intrusion
Brand New Exam Questions with
100% Correct Answers, All Graded
A+, Latest Expert Premium
Update(2025-2026) 100%
Guaranteed Success,
Assemblage - ANSWER✅✅combining two or more contiguous parcels of real estate
into a single parcel under one ownership
plottage - ANSWER✅✅an increase in value resulting from assemblage
fixture - ANSWER✅✅personal property that is permanently attached to real
property and goes with the property when its sold
what makes something a fixture - ANSWER✅✅if object was fixed or installed with
the intention of improving the home
appurtenances - ANSWER✅✅when new fixtures are attached ex. heat/air, roof
have brokers license but are working for another broker - ANSWER✅✅associate
broker
, principal/employing broker - ANSWER✅✅in charge of and responsible for all real
estate operations conducted by a real estate brokerage firm
which type of land description are the properties described as they relate to
meridians - ANSWER✅✅government / rectangular survey
alienation of title - ANSWER✅✅any change of ownership - transferring ownership
rights or interests in real property from one person to another
legal title - ANSWER✅✅right of ownership of a parcel of real property held by an
owner
equitable title - ANSWER✅✅interest in a piece of real estate held by a buyer held
under a contract to obtain absolute ownership of the property at a future date
bare legal title - ANSWER✅✅lacks the usual rights and privileges associated with
ownership
constructive notice - ANSWER✅✅information has been made available to the
public
inquiry notice - ANSWER✅✅when factors exist that make someone inquire further
ex. dirt road running across you would inquire whether there is an easement in place
marketable title - ANSWER✅✅a title free from reasonable doubt as to who the
owner is
abstract of title - ANSWER✅✅detailed report of the title search
torrens system - ANSWER✅✅an owner petitions the state court to register his
property
transfer of land
allodial system - ANSWER✅✅individuals are able to own land
eminent domain - ANSWER✅✅right of govs to assume property for necessary
public use
escheat - ANSWER✅✅power the gov has when someone dies intestate and leaves
no known heirs
PETE - powers of gov over title - ANSWER✅✅police power, eminent domain,
taxation, escheat
encroachment - ANSWER✅✅unauthorized infringement on a property owners
rights as a result of physical intrusion
