Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass

Florida Real Estate - Chapter 8 - Property Rights Questions and Answers 100% Pass Real property - Correct Answer ️️ -includes all real estate plus the bundle of rights inherent in the ownership. * term interchangeable with real estate. riparian rights - Correct Answer ️️ -associated with land abutting a flowing waterway such as stream. property owner does not own stream, but has right to use it for fishing or boating littoral rights - Correct Answer ️️ -land abutting tidal bodies such as ocean or sea. include ownership of land adjacent to water up to average high water mark. accretion - Correct Answer ️️ -process of land buildup from water-borne rock, sand, soil alluvion - Correct Answer ️️ -new deposits of land due to accretion. deposits usually occur at mouth of river (landowner entitled to new deposits of land. erosion - Correct Answer ️️ -gradual loss of land (landowner may lose land) reliction - Correct Answer ️️ -gradual receding of water exposes new land. (landowner has rights to new land too. fixture - Correct Answer ️️ -once personal property now considered part of real property. courts use legal tests to determine if item is a fixture. intent on the parties - Correct Answer ️️ -could talk to witnesses about original intent of the personal property relationship or agreement of parties` - Correct Answer ️️ -court seeks to determine exact nature of relationship of parties, buyer and seller or landlord and tenant. building leased as a retail store could have trade fixtures inside that can be removed. method of detachment - Correct Answer ️️ -manner in which object is attached determines if its a fixture. such as built in storage cabinets or recessed lights. adaptation of the item - Correct Answer ️️ -generally if item is custom built for property, it is a fixture. example: hurricane shutters. basic property rights - Correct Answer ️️ -bundle of legal rights -disposition -enjoyment -exclusion -possession -control estates and tenancies - Correct Answer ️️ -freehold est