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45 Cards in this Set
- Front
- Back
Outdoor furniture set in concrete is considered?
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real property
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Improvements made to real property become part of the real property because of
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attachment
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The best determinant of whether an item is real or personal property is?
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the intent of the parties
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To transfer ownership of personal property, which document should be used?
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Bill of Sale
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The most important factor in determining whether an item has become a fixture is?
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agreement of the parties
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A cultivated crop, not yet harvested, should be carefully noted on a listing agreement because?
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emblements belong to the person who plants and cultivates them
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A farm, consisting of 160 acres of cultivated land, is sold. Wheich of the following requires an expressed agreement, in addition to the deed, in order to transfer ownership?
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Cultivated Crops
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Easements, rights of way, and condominium parking stalls are examples of?
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appurtenances
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When there are two valid property descriptions of a piece of real property, which description is used?
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any description that adequately describes and distinguishes the property will apply.
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The most accurate way to uniquely locate and bound a parcel of real property is to use?
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a full legal description
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When would a metes and bounds survey be preferred?
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to describe irregularly shaped parcels
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A metes and bounds survey begins at the point of beginning and ends at the?
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point of beginning
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The primary purpose of benchmarks is to indicate?
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altitude and elevation
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Correction lines, which occur at intervals in the rectagular survey system, are necessary why?
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because of the curvature of the earth
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What is the size of a section?
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640 acres
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Within any given township, section 18 can be found?
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west of section 17
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A parcel of land contains 1,020 square yards. The front foot measurement is 80'. How deep is the parcel?
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114.75'
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A parcel of land measuring 1,320' x 660' would contain how much land?
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20 acres
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If Mr. Howard paid @2,500 per acre for the W 1/2 of the SE 1/4 of the NW 1/4 of section 10, how much did he pay?
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$50,000
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How many acres does a parcel of land 660' by 660' contain?
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10 acres
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the number of feet of wire required to enclose 1/4 of 1/4 of a section of land with two strands of wire is?
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10,560
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What will always involve a plat?
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Lot and Block system
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Most subdivision plats make use of which type of land description?
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Lot and block
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Property taxes are characteristic of the?
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allodial system of land ownership
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The power of governments to appropriate private property for the public welfare is known as?
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eminent domain
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By what action does the government take property for public use?
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Condemnation
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By what power do government bodies enforce zoning?
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Police power
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The government receives the authority to take the property of on who dies without a will and without heirs by virtue of?
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escheat
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A woman who lived in a retirement home and had no relatives, told her friend that she wanted her to have all her property after she died, however she never made a will. Upon her death, her estate would?
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escheat to the state
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The greatest estate of ownership in real property is?
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a fee simple estate
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Which estate is the most complete estate to own?
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fee simple estate
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An encumbrance which becomes a lien on real property could be created by?
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special assessments
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Termination of an easement appurtenant may be accomplished when?
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when the purpose of easement no longer exists.
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An easemtne appurtenant may be accomplished when?
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when the purpose of the easement no longer exists.
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An easement appurtenant may be terminated by?
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merger of the dominant and servient estates
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What runs with the land?
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an easement
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Alice has an easement over Betty's adjoining property. Alice sells her property to Martha. The easement will?
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run with the land and will pass to Martha automatically
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Developers avoid land locked properties by creating an easement by?
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prescription
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An easement by prescription may be created by?
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continuous use
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A woman allowed her neighbor to drive over her property to get to his own. The womand my have given her neighbor?
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a right of way
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A power company wants to lay a service line across customer properties nad must acuqire and irrevocable right to do so. This right would be called?
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an easement in gross
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After purchasing a property, the buyers found a neighbor's fence was two feet inside of thier property lin. If descussion fails to resolve the problem, the buyers should consider filing suit against the?
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neighbor to remove the encroachment
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Deed restrictions are examples of?
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private control of land
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a judgement, when properly recorded, becomes?
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an involuntary lien
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Mrs. Coffee has a life estate for the duration of her own life. What can she do with it?
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sell the mineral rights
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