Principle L 1 - 17 QUIZ

Principle L 1 - 17 QUIZ - Lesson 1 Cumulative Quiz 1. Real...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
Lesson 1 Cumulative Quiz 1. Real property includes: A. anything appurtenant to the land 2. The distinction between real property and personal property is important in a real estate sale because: B. anything that is part of the real property is transferred to the buyer, unless otherwise agreed 3. The "bundle of rights" does not include the right to: C. impede air traffic 4. Personal property is: A. chattels B. personalty C. usually movable D. All of the above D 5. Air rights, mineral rights, and water rights are all: D. appurtenances 6. Condominium developments are made possible by: A. air rights 7. Once coal has been extracted from the earth, it is: A. personal property 8. The instrument that would be used to transfer title to personal property is a: B. bill of sale 9. A stream borders both Peter's and Patty's land. Which of the following correctly describes Peter and Patty's rights?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
D. Both owners have equal rights to use the water 10. In California a landowner whose land does not border a body of water: A. may be granted an appropriation permit 11. Which of the following would be considered a part of real property? C. Stock in a mutual water company 12. Growing trees that have not been sold are: B. natural attachments 13. The method of legal description that involves courses, distances, and a point of beginning is the: D. metes and bounds method 14. In the rectangular survey system, each township: C. contains 36 sections 15. When land is subdivided, a plat is: A. recorded in the county where the property is located 16. A large rural property is 36 miles square. How many townships does this land cover? A. 36 17. Which of the following is an example of a government survey description? C. The south half of the northwest quarter of the southwest quarter of Section 22, Township 10 North, Range 7 East of the Mt. Diablo Meridian. .. 18. Which of the following statements is true?
Background image of page 2
B. Ownership rights can be sold together or separately. 19. If an antenna is permanently attached to the roof of a building, it is: A. real property 20. In a conveyance of real property, what is conveyed? A. The land and appurtenances Lesson 2 Cumulative Quiz 1. Title to a city park is most likely held: D. in severalty 2. An estate is either: B. a freehold or a leasehold 3. A freehold estate whose duration is limited to the lifetime of a specified person is called: D. a life estate 4. Property is owned in severalty when: D. one person is the sole owner 5. If A grants a parcel of property to B for the life of C, then: A. B is the life tenant and C's life is the measuring life 6. A leasehold estate: A. gives the tenant the right of exclusive possession
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
7. A tenancy for a fixed term is called a: B. term tenancy 8. When a corporation owns property, title is held: A. in severalty, in the corporation's name 9. If a tenant who came into possession under a valid lease holds over without the landlord's permission after the lease has expired, it's called a: A. tenancy at sufferance 10. When property is held in joint tenancy, upon the death of one of the joint tenants, his or her
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 47

Principle L 1 - 17 QUIZ - Lesson 1 Cumulative Quiz 1. Real...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online