Real Estate- quiz Law 2

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What type of survey locates and verifies all property corners and boundaries, shows the location of all improvements in relation to the property lines, includes an area of the overall property and shows any existing encroachments?

A boundary survey

What term describes a personal property item that has been converted to real property by attachment to real estate?

A fixture

What type of survey is a boundary survey with the additional location of all the interior improvements?

A location survey

What describes a portion of land delineated by boundaries?

A parcel

What type of survey includes a topographic survey of a parcel of land which will be divided into two or more smaller tracts, lots or estate divisions?

A subdivision survey

What is the act of converting personal property to real property by attaching it to the real estate called?

Affixing

What type of surveys use portable receiving antennas to gather data transmitted from satellites which are used to calculate the position of the object being located on the surface of the earth?

GPS surveys

What refers to support provided by the adjacent property, such as a landowner having a right to demand that a neighboring property owner does nothing to cause the land to collapse

Lateral support

What type of rights concern properties abutting bodies of water that are not moving, such as lakes and seas?

Littoral rights

What system uses physical features of the local geography, along with directions and distances, to define and describe the boundaries of a parcel of land?

Metes and bounds

What type of property is ownership of anything that is not real estate and the rights associated with owning the item?

Personal property

The north-south area between consecutive meridians is called a

Range

What describes real estate and the bundle of rights associated with owning the real estate?

Real property

What is the conversion of real property to personal property by detaching it from the real estate called?

Severance

What type of rights apply to the real estate contained within the surface boundaries of the parcel?

Surface rights

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?

The rectangular survey system

What term means the right to mortgage a property as collateral for debt?

The right to encumber

What describes items of a tenant's personal property that the tenant has temporarily affixed to a landlord's real property in order to conduct business?

Trade fixtures

Property rights that are said "to run with the land" and includes things such as air rights, surface rights and subsurface rights are called

appurtenances.

Items of personal property are also called

chattels.

The term "metes" refers to distance and direction and the term "bounds" refers to

fixed reference points.

The three unique characteristics of land are immobility, indestructibility, and

heterogeneity.

Tangible property is physical, visible, and

material.

The metes and bounds description always identifies an enclosed area by starting at an origination point called

point of beginning.

Air, water, land and everything affixed to the land is a definition of

real estate.


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