CALIFORNIA REAL ESTATE LEGAL
ASPECTS OF REAL ESTATE (UNIT 7/8)
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Real property includes
a. growing annual crops.
b. mineral rights.
c. leasehold interests.
d. trust deeds. - CORRECT ANSWER - B. Mineral rights
Which is NOT an example of chattels real?
a. Furniture
b. Trust deeds
c. Lease interests
d. Shares in a housing cooperative - CORRECT ANSWER - A. Furniture
Which would be classified as personal property?
a. Mineral rights
b. An oil lease for 10 years
c. Fixtures
d. Riparian rights - CORRECT ANSWER - B. an oil lease for 10 years.
Which is NOT an important test of a fixture?
a. Cost
b. Intent
c. Method of attachment
, d. Adaptability - CORRECT ANSWER - A. Cost
Which is NOT an appurtenance?
a. A right of egress
b. Mineral rights
c. Water rights
d. Trade fixtures - CORRECT ANSWER - D. Trade fixtures
A new mobile home located in a rental park in 2015 was not attached to a foundation. It would
be taxed
a. as real property.
b. as personal property.
c. as a vehicle with fees to the Department of Motor Vehicles.
d. with fees paid to the Department of Housing and Community Development. - CORRECT
ANSWER - B. as personal property
Which is a characteristic of an indefeasible estate?
a. It cannot be canceled.
b. It can be lost upon a happening.
c. It is voidable.
d. It is a reversionary interest. - CORRECT ANSWER - A. It cannot be canceled
Which statement BEST describes a fee on a condition subsequent?
a. Ownership interest that does not transfer to grantee until something happens
b. A qualified interest that may be lost should something happen
c. A recording charge that need not be paid until the property is sold
d. A nonfreehold interest - CORRECT ANSWER - B. A qualified interest that may be lost
should something happen
ASPECTS OF REAL ESTATE (UNIT 7/8)
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Real property includes
a. growing annual crops.
b. mineral rights.
c. leasehold interests.
d. trust deeds. - CORRECT ANSWER - B. Mineral rights
Which is NOT an example of chattels real?
a. Furniture
b. Trust deeds
c. Lease interests
d. Shares in a housing cooperative - CORRECT ANSWER - A. Furniture
Which would be classified as personal property?
a. Mineral rights
b. An oil lease for 10 years
c. Fixtures
d. Riparian rights - CORRECT ANSWER - B. an oil lease for 10 years.
Which is NOT an important test of a fixture?
a. Cost
b. Intent
c. Method of attachment
, d. Adaptability - CORRECT ANSWER - A. Cost
Which is NOT an appurtenance?
a. A right of egress
b. Mineral rights
c. Water rights
d. Trade fixtures - CORRECT ANSWER - D. Trade fixtures
A new mobile home located in a rental park in 2015 was not attached to a foundation. It would
be taxed
a. as real property.
b. as personal property.
c. as a vehicle with fees to the Department of Motor Vehicles.
d. with fees paid to the Department of Housing and Community Development. - CORRECT
ANSWER - B. as personal property
Which is a characteristic of an indefeasible estate?
a. It cannot be canceled.
b. It can be lost upon a happening.
c. It is voidable.
d. It is a reversionary interest. - CORRECT ANSWER - A. It cannot be canceled
Which statement BEST describes a fee on a condition subsequent?
a. Ownership interest that does not transfer to grantee until something happens
b. A qualified interest that may be lost should something happen
c. A recording charge that need not be paid until the property is sold
d. A nonfreehold interest - CORRECT ANSWER - B. A qualified interest that may be lost
should something happen
