Real Estate Exam Ch. 2

A landowner needs water. His land contains no available water source. However, the landowner is given the right to cross over his next-door neighbor's property to run a pipeline from a river to his land. Which right grants this permission? A. appropriative B. eminent domain C. littoral D. Riparian

A

Do you think that a buyer can acquire personal property as part of an agreement to purchase real property? A. Yes B. No

A

Emblements are considered personal property. A. True B. False

A

Harvested corn is an emblement. A.True B. False

A

Manufactured housing is a type of factory-built housing that is automatically considered real property once it is constructed onsite. A. False B. True

A

Marcus owns a cottage on the lake. When he sells the cottage, his littoral rights are automatically transferred to the new owner. A. True B. False

A

What about leased property, such as a satellite dish that's bolted to the roof? Do you think that would be real or personal property? A. personal property B. real property

A

Which is NOT an example of an attachment? A. a basketball hoop that is moved into the garage in the winter B. a greenhouse that is built off of the garage C. the lily pond in the backyard Japanese garden D. uncut roses on a rose bush planted by the back door

A

Which transaction does NOT represent an example of an appurtenance? A. selling the fructus industriales grown on your land B. selling the natural gas under your house to a utility company C. selling the space above your farm to a billboard advertiser D. selling water from your underground spring to a bottling company

A

You live next to a coastal inlet. Over the last several years, the tide has been depositing silt into the inlet, adding land to your property. This is an example of: A. accretion. B. avulsion. C. erosion. D. Reliction.

A

Your property sits on a large navigable river. Which statement is FALSE? A. You can stop people from boating in front of your home. B. You can stop people from standing on the bank of the river by your house. C. Your riparian rights will transfer to the new owner when you sell your property. D. You don't own any of the land underneath the water.

A

A large mirror that a buyer wants to remain with the property should: A. never be included in the sales contract. B. be identified as a fixture in the sales contract. C. be disregarded as having no consequence. D. be agreed upon verbally, with its price stated in the contract.

B

According to the North Carolina Uniform Commercial Code (UCC), any attached item on real property is considered the homeowner's personal property once the property is conveyed. A. True B. False

B

If you purchase a home next to an airport and you become annoyed when planes take off from the airport in early morning hours, do you think you may be able to recover damages from the airport for infringing on your air rights? A. Yes B. No

B

John's neighbor has an oak tree whose branches and roots are extending across the lot line into John's backyard. Which of John's rights is NOT being violated? A. Air B. Mineral C. Surface D. Subsurface

B

Ownership of land involves only the surface and the dirt below, NOT the air above it. A. True B. False

B

Real property consists of all of the following EXCEPT: A. Rights associated with property B. Moveable items not fixed to the land C. Man-made Improvements D. Land and attachments to land

B

Reliction is the gradual process of waterborne silt being deposited in a river, lakebed or on a shore. A. True B. False

B

Trees, shrubs, perennials, and naturally occurring vegetation are part of the land and therefore are considered personal property. A. True B. False

B

When Steven sells his house to Lois, the built-in bookcase transfers as part of the transaction. The bookcase is an appurtenance. A. True B. False

B

Which of these is real property? A. fructus industriales B. fructus naturales

B

You live in a house on the shores of a commercial lake. You are a ________ owner, which means that you ________ own the land under the water. A. littoral/do B. littoral/don't C. riparian/do D. riparian/don't

B

You take the chandelier out of the box and attach it to the ceiling above the dining room table. Now what kind of property is the chandelier? A. personal property B. real property C. impossible to know

B

A new chandelier is still in the box. What kind of property is that chandelier? A. impossible to know B. real property C. personal property

C

Jill buys a house from Jack. She assumed that the curtains would be included in the price, even though they were not listed in the agreement of sale. What is the best argument Jill could make to persuade a judge if this goes to court? A. "Jack mentioned that they went with the house." B. "My agent assured me they were included." C. "The curtains were custom-made for the odd-shaped window." D. "The curtains were in the ad that appeared in the paper."

C

Lenny owns a home within the city limits. In a corner of his property, he has an elaborate garden where he likes to sit quietly. He gets new neighbors who have a teenager. The teen is in a band, which practices in the garage right next to Lenny's garden most evenings until late. What activity is happening, and what right is being infringed upon? A. This is encroachment, which is infringing on Lenny's right of enjoyment. B. This is nuisance, which is infringing on Lenny's right of control. C. This is nuisance, which is infringing on Lenny's right of enjoyment. D. This is trespassing, which is infringing on Lenny's right of enjoyment.

C

Which of the following is NOT considered an improvement? A. fences built by a homeowner B. land graded by a developer C. retaining walls constructed by a contractor D. swimming pool cracks repaired by a homeowner

D

Which of these is NOT classified as real property? A. wild blackberry bushes that grow on your property B. tulips planted in a backyard, which bloom every year C. magnolia trees D. irises planted in a flower box on your deck

D