Real Estate Express Final Ch 1.

What term describes a personal property item that has been converted to real property by attachment to real estate? a) A feature b) A component c) A fixture d) A fitment

A fixture

What type of survey, also called a drive-by survey, is designed to show the location of the house and other large structures on the property, as well as the orientation of those structures in relation to each other? a) A cadastral land survey b) A topographic survey c) A house location survey d) A subdivision survey

A house location survey

What accurately locates and identifies boundaries of a subject parcel to a degree acceptable by courts of law in the state where the property is located? a) A stake survey b) A deed c) A legal description d) A title search

A legal description

What is the act of converting personal property to real property by attaching it to the real estate called? a) Affixing b) Severing c) Appending d) Detaching

Affixing

What type of rights apply to the space above the surface boundaries of the parcel, as delineated by imaginary vertical lines extended to infinity? a) Land rights b) Air rights c) Riparian rights d) Surface rights

Air rights

What type of survey is very detailed and often required by lending institutions and is strictly geared towards companies purchasing commercial properties? a) A Location Survey b) An ALTA/ACSM Survey c) A Construction Survey d) A GPS Survey

An ALTA/ACSM Survey

What are standard elevation reference points called? a) Dotrums b) Datrums c) Site Points d) Datums

Datums

What describes the gradual loss of soil due to rain, wind, and other environmental factors? a) Accretion b) Alluvion c) Reliction d) Erosion

Erosion

Which entity managed much of the actual land surveying done in the nineteenth century? a) Public Land Office (PLO) b) Bureau of Land Affairs c) General Land Office (GLO) d) U. S. Army Engineering Corps

General Land Office (GLO)

States have the power to levy real estate taxes but generally pass this power to: a) national government. b) local government. c) federal government. d) the general land office.

Local government

What is a system used to locate and identify land, particularly for lots in densely populated metropolitan areas, suburban areas, and areas beyond the suburbs? a) Government survey method b) Lot and block method c) Metes and bounds d) Rectangular survey system

Lot and Block method

What describes ownership of anything that is not real estate, and the rights associated with owning the item? a) Real property b) Immoveable c) Personal property d) Non-homogenous

Personal property

________________ is moveable, destructible, and homogeneous. a) Real property b) Personal property c) An attachment d) Land

Personal property

What is the conversion of real property to personal property by detaching it from the real estate called? a) Assignment b) Severance c) Fasten d) Allocate

Severance

Which of the following would be considered an "improvement?" a) Truck b) Shed c) River d) Mountain

Shed

What refers to the right to have one's property supported from beneath the surface? a) Lateral support b) Easement rights c) Subjacent support d) Absolute rights

Subjacent support

What legal position requires that property owners obtain permits for use of water? a) The Doctrine of Agriculture b) The Water Allocation Amendment c) The Doctrine of Prior Appropriation d) The Water Boundaries Declaration

The Doctrine of Prior Appropriation

What describes the principal north-south line used to control descriptions for an entire state or more? a) The vertical line b) The parallel line c) The base line d) The principal meridian

The principal meridian

What did the federal government develop to simplify and standardize property descriptions as a replacement for the cumbersome and often inaccurate metes and bounds method? a) The lot and block method b) The rectangular survey system c) The recorded plat method d) The public survey system

The rectangular survey system

What gives property owners the legal right to keep others off the property and to prosecute trespassers? a) The right to encumber b) The right to transfer c) Littoral rights d) The right to exclude

The right to exclude

The east-west area between two parallels is called: a) a range. b) a meridian. c) a tier. d) a township.

a tier

Property rights that are said "to run with the land" and includes things such as air rights, surface rights and subsurface rights are called a) fixtures. b) emblements. c) appurtenances. d) chattels.

appurtenances

A trade fixture is also known as a(n): a) documented fixture. b) assigned fixture. c) chattel fixture. d) marketable fixture.

chattel fixture

The three unique characteristics of land are immobility, indestructibility, and: a) production. b) heterogeneity. c) function. d) cultivation.

heterogeneity

The legal concept of real estate encompasses: a) land and all man-made structures that are "permanently" attached to the land. b) land and all personal property. c) land and all moveable fixtures. d) all property fixed and removable.

land and all man-made structures that are "permanently" attached to the land.

If a tenant installs a fixture in order to conduct business, the fixture may be considered a trade fixture, which is the tenant's: a) real property. b) tangible property. c) personal property. d) public property.

personal property