Real Estate 2.0-2.3
The rights in real property to the reasonable use of the air space above the surface of the land is know as...?
Air Rights
Personal Property
All property that is not and is not permanently attached to land; everything that is movable
The transfer of personal property is typically done using a....?
Bill of Sale
The right of exclusion, which allows a landowner to prevent other from entering or occupying their property, is included in the...?
Bundle of Rights
What is considered a permanent man-made improvement to land...?
Fences, Sheds, Wells, etc.
Trade Fixtures
Items that are installed by a commercial tenant and are removable upon termination of the tenancy
What is an example of a fixture?
Kitchen Cabinets
Real Estate
Land and everything permanently attached to land.
The landowner's ability to take minerals from the earth to sell or lease this right to others is known as..?
Mineral Rights
A refrigerator at or is typically considered, what type of property?
Personal Property
All personal property that is not land and is not permanently attached to land is known as...?
Personal Property
Chattel
Personal Property
Mobile homes are not typically attached permanently to the land and are generally considered...?
Personal Property
Fixtures
Personal property that has become real property by having been permanently attached or adapted to real property
Land and everything permanently attached to it are known as:
Real Estate
The surface of the earth, the area above and below the surface, and everything permanently attached thereto is know as...?
Real Estate
Trees or Shrubbery that are not cultivated annually would be an example of...?
Real property
Are mineral rights typically considered to the sub-surface or surface?
Surface
Real Property
The aggregate of rights, powers, and privileges conveyed with ownership of real estate
Emblements
The crops and other annual planting's considered to be personal property of the cultivator
Mineral Rights
The landowner's ability to take minerals from the earth or to sell or lease this right to others.
Land
The material of the earth, whatever may be the ingredients of which it is composed, whether soil, rock, or other substance, and includes free or unoccupied space for an indefinite distance upwards as well as downwards
Air Rights
The rights in real property to the reasonable use of the air space above the surface of the land
Bundle of Rights
The rights of an owner of a freehold estate to possession, enjoyment, control, and disposition of real property
Which of the following is considered a legal test for determining if an item is a fixture or not...?
What is the intention of the parties, The adaptation of the item, and The mode and permanence of how the item was attached
