Unit 2 Questions

Front 1

Real estate generally includes all of the following except

Back 1

trees

air rights

ANNUAL CROPS

mineral rights

Front 2

A woman rents space in a commercial building where she operates a bookstore, she has installed large tables fastened to the walls and bookshelves that create aisles from the front of the store to the back. These shelves are bolted to both the ceiling and the floor. Which of the following best characterizes the contents of the bookstore?

Back 2

The shelves and tables are trade fixtures and may be properly removed by the woman before her lease expires, and the tenant would be responsible to the landlord for any damage that their removal caused to the premises.

Front 3

The term nonhomogeneity refers to

Back 3

Uniqueness

Front 4

Another term for personal property is

Back 4

chattels

Front 5

A property owner wants to use water from a river that runs through the property to irrigate a potato field. To do so, the owner is required by state law to submit an application to the Department of Water Resources describing in detail the plan for beneficial use of the water. If the department approves the owner's application, it will issue a permit allowing a limited amount of river water to be diverted onto the property. Based on these facts, it can be assumed that this property owner's state relies on which rule of law?

Back 5

Doctrine of prior appropriation

Front 6

A man inherited a piece of vacant land, removed and sold on topsoil, limestone, and gravel. At his death, he left property to his daughter which is true?

Back 6

The daughter inherits the property as is

Front 7

In determining whether an item is real or personal property, a court would not consider which of the following?

Back 7

the cost of the item when it was purchased

Front 8

Which of the following is a physical characteristic of land?

Back 8

Indestructibility

Front 9

Which of the following describes the act by which real property can be converted into real property?

Back 9

SEVERANCE or Conversion

Front 10

While moving into a newly purchased home, the buyer discovered that the seller has taken he ceiling fan that hung over the dining room table. The seller had not indicated that he ceiling fan would be removed, and the contract did not address this issue. Which statement is true?

Back 10

Ceiling fans are usually considered real estate

Front 11

A buyer purchased a parcel of land and immediately sold the mineral rights to an oil company.

The buyer gave up which of the following?

Back 11

Subsurface rights

Front 12

A truckload of lumber that a homeowner purchased has been left in the driveway for use in building a porch. The lumber is considered

Back 12

personal property.

Front 13

Method of annexation, adaptation to real estate, and agreement between the parties are the legal tests for determining whether an item is

Back 13

a fixture or personal property.

Front 14

Parking spaces in multiunit buildings, water rights, and similar things of the value that convey with the property are classified as

Back 14

appurtenances

Front 15

A paint company purchases a large tract of scenic forest land and builds several tin shacks there to store used turpentine and other items. Which statement is true?

Back 15

The company's action constitutes improvements of the property

Front 16

A property owner's land is located along the banks of a river. The owner's water rights are called

Back 16

riparian rights

Front 17

A property owner's bundle of rights entitles the owner to do all of the following except

Back 17

exclude utility meter readers

Front 18

According to law, a trade fixture is usually treated as

Back 18

personalty

Front 19

A buyer is interested in a house that fits most of her needs, but it is located busy area where she is not sure she wants to live. Her concern about the property's location is called

Back 19

area preference

Front 20

Which of the following is considered personal property?

Back 20

Patio Furniture