Property Ownership 2 Questions
A fixture is considered _____. real property personal property
Real Property
An item of personal property may become a fixture by: attachment adaptation _____ acceptance assessment agreement arrangement
agreement
If a mobile home is connected to utilities and set upon a foundation on land that is owned by the mobile home owner, it is considered to be _____. an improvement (real property) personal property
an improvement (real property)
An item of personal property which is movable and not associated with real property is called _____. chattel chattel real chattel personal
chattel personal
Boats or tools are examples of _____. chattel personal chattel real
chattel personal
Leases and options are examples of _____. chattel real chattel personal
chattel real
Real property is conveyed by means of a _____. deed grant contract of sale bill of sale
deed
Under riparian rights, an owner of land adjoining a navigable body of flowing water owns land to the _____. low water mark middle of the waterway
low water mark
Emblements are considered _____ property. personal real
personal
Fructus industriales are considered _____ property. real personal
personal
An item of personal property that is NOT permanently attached to real property is usually considered _____. a fixture personal property a trade fixture
personal property
An unattached item of personal property that is NOT adapted to a particular parcel of real property is usually considered _____. a trade fixture personal property a fixture
personal property
Fructus naturales are considered _____ property. real personal
real
A mobile home is considered personal property when the land upon which it is located is _____. owned by the mobile home owner NOT owned by the mobile home owner
NOT owned by the mobile home owner
Which of the following is NOT a chattel real? a mortgage a trade fixture a deed a lease
a deed
An item of personal property that is adapted to a particular parcel of real property is usually considered _____. personal property a trade fixture a fixture
a fixture
An item of personal property that is permanently attached to real property is usually considered _____. a fixture personal property a trade fixture
a fixture
An item that would most likely be considered a fixture because of attachment to real property is _____. hanging pictures a garage door opener storm windows draperies
a garage door opener
A right, privilege or improvement associated with land is called a(n) _____. appurtenance encumbrance easement lien
appurtenance
An assigned parking space for a condominium unit is called a(n) _____. easement appendage attachment appurtenance
appurtenance
A trade fixture may be removed from leased real property _____. before the lease expires only at any time within 3 days after the lease expires after the lease expires only
before the lease expires only
Personal property is conveyed by means of a _____. deed bill of sale contract of sale grant
bill of sale
An item of personal property can become a fixture if it is designated by _____. the seller the buyer both buyer and seller the courts
both buyer and seller
An item of personal property which is not movable or is associated with real property is called _____. chattel personal chattel chattel real
chattel real
An item that would most likely be considered a fixture because of agreement between buyer and seller is _____. draperies a garage door opener a garbage disposal kitchen cabinets
draperies
A chattel real may be _____. tangible property neither answer shown either answer shown an intangible property interest
either answer shown
Crops such as corn and wheat are examples of _____. emblements fructus materiales real property fructus naturales
emblements
Emblements are the same thing as _____. fructus materiales real property fructus industriales fructus naturales
fructus industriales
Plants that are cultivated annually are called _____. fructus industriales fructus naturales fructus materiales real property
fructus industriales
Landscaping for a house is an example of _____. fructus industriales personal property fructus naturales emblements
fructus naturales
Trees and uncultivated vegetation are called _____. fructus naturales fructus industriales emblements personal property
fructus naturales
Riparian rights are _____. limited exclusive unlimited
limited
Rights associated with ownership of land adjoining a stationary body of water are called _____ rights. littoral avulsion riparian alluvion
littoral
Under riparian rights, an owner of land adjoining an unnavigable body of flowing water owns land to the _____. middle of the waterway low water mark
middle of the waterway
A mobile home is "set upon a foundation" if it is _____. considered personal property on elevated wheels located on land not owned by the mobile home owner off its wheels and set upon some other support
off its wheels and set upon some other support
A trade fixture is considered _____. personal property real property
personal property
An item of chattel is _____. either real or personal property personal property only real property only neither real nor personal property
personal property only
Rights associated with ownership of land adjoining a flowing body of water are called _____ rights. littoral alluvion avulsion riparian
riparian
An appurtenance _____. cannot be conveyed is a personal right runs with the land terminates when the land is sold
runs with the land
An item that would most likely be considered a fixture because of adaptation to real property is _____. hanging pictures a ceiling fan storm windows a garage door opener
storm windows
Determining whether property is a fixture or personal property is important _____. whenever a property value is determined when taxes are involved only when property is insured only when property is conveyed only
whenever a property value is determined
