Ch 1&2 Quiz

if a court proceeds to confirm a probate sale, the first additional bid must be what percent above the original bid.

10% on the first $10,000, 5% on the remainder

California became a state in

1850

how many square feet are in a acre

43,560

Real Property can be most completely defined as

Land, Affixed to Land, Appurtenances, Immovable By Law

chang deeds to lopez and lopez takes possession but dose not record the deed. Chang then tells his friend jones about the deed to lopez. Chang then deeds the same property to Jones, who records the deed. Based on this information, title probably vests in

Lopez

Effective January 1, 2005 a California law called the domestic partnership act was created to give ______ many new rights and responsibilities

Registered Domestic Partners

Grandor

Seller

an owner sells land, but reserves the mineral rights. Based on this, which of the following is true

The mineral rights are the real property of the grantor

real estate law states that in order to be valid, a deed must contain

a granting clause

permission to use underground waters, known as percolating waters, is owned by the

adjoining owners for their reasonable use.

when possession of land includes open and notorious use for 5 years, hostile to the owner's wises, and payment of property taxes, this best describes

adverse possession

Which of these statements MOST nearly defines personal property

an unharvested peach crop sold to canning factory

when a gift deed is used to transfer title to real property, the deed may be set aside or voided by

certain debtors of the grantor

a sequential list of owners for a parcel of real estate is called

chain of title

the recording of a deed gives

constructive notice

which of the following is not required for a deed to be valid

date

a majro railroad company plans to run a line across Kuan's property. If Kuan refuses to give permission, the railroad company can proceed to take action through the use of

eminent domain

the passing of title to the state because of the lack of heirs is called

escheat

a legal definition of real estate includes many elements and parts. Which of the following items would NOT be a part of real estate

farm equipment

the county recorder files deeds according to

grantor-grantee index

the connecticut case, Kelo vs. New London, was decided by a U.S supreme court ruling which had an impact on

how private property can be taken to further economic development

A deed need not to be recorded in order to be valid, but must be delivered. Effective delivery depends on

intention of the grantor

which of the following is false

landscaping is considered personal property

who is competent to deed title to real estate

married 16-year-old

Under the treaty of guadalupe hidalgo in 1848, the united states acquired the territory of California from

mexcio

Which of the following is considered to be personal property

mortgage contract

title can be transferred from government to private owners using a

patent

The addition of a wood-burning stove in a family room, with the store pipe passing through the roof, is an example of

personal property becoming a fixture

Propery owners whose land borders a river have rights to a reasonable use of the water, know as

riparian rights

The right to a reasonable use of the surface waters upon which a property owner's land borders is called

riparian rights

the rights of an owner are referred to as the "bundle of rights." Which of these is NOT one of these rights

the unrestricted right to the use of riparian waters

In the U.S. government survey system, which lines run parallel to the principal base line

township line

A deeded easement of right-of-way over the land of another is considered to be

an appurtenance

the legal term referred to as real property includes all the following, except

an unlimited use of the airspace above the property

the sudden tearing away of land along a river with the re-depsit of the land on the other side of the river, downstream, is called

avulsion

Ben's father passed away and left ben a ring in his will that ben had always admired with a sizeable sum of money. Ben received this gift as a

bequest and legacy

personal property differs from real property in many aspects and is legally know as

both chose and chattel

Erick Chinn bought a stack of lumber, which he placed in his backyard. Later he used some of the lumber to build a room addition to his house. He only used a portion of the lumber. The remaining wood is considered

chattel and personal property

the right to possess, encumber, use, and enjoy a piece of property, to the exclusion of all others, would be an accurate description of

property ownership

Airspate directly above a parcel of land is considered to be

real property

When anything is fastened or attached to real property in such a manner as to ensure its permanence, it is considered to be

real property

which of the following is classified as personal property

seasonal crops

which of the following is considered personal property

silver removed from the ground and sent to the smelter

in the early history of California, what group of explorers and colonizers where responsible for the development of presidios and pueblos

spaniards

Which of the following is considered to be real property

standing timber sold with the land

the need to determine whether property is real or personal frequently arises. Which of the following would NOT be classified as real property

stock in a real estate corporation

when describing or locating a pice of property using the metes ad bounds system, which of these would be classified as artificial markers.

streets

if a married person with two children dies intestate and leaves community property, the descendant interest passes to the

surviving spouse

A person who makes a will is the

testator (trix)

before a deed is recorded, is must be acknowledged by

the grantor

There are implied warranties made by the grantor in a grant deed. Which one of the following is NOT implied

the grantor holds a certificated of title to the property

An investor leases a building to a tenant who then opens a retail store. The tenant installs a cash register. The cash register is best described as

trade fixture

In addition to the land and those things that are affixed to the land, certain other things called appurtenances are considered to be real property, which of the following is not real property

trade fixtures

courts frequently have to make a decision as to whether some item dose or dose not go with the real property when it is sold. In making their decision, they use the "five testes of a fixture." which of the following is not a test of a fixture.

whether the property is being taxed

If a married person dies testate and leaves all community property, the decedent's interest passes to the

whomever is named in the will