Real Estate Property Quiz

<p>An explicit statement regarding the removal (C)</p> Signup and view all the answers

<p>Chandelier (D)</p> Signup and view all the answers

<p>Courts will use a series of tests to classify items. (B)</p> Signup and view all the answers

<p>Trees with roots in the soil (C)</p> Signup and view all the answers

<p>A fence surrounding a yard (A)</p> Signup and view all the answers

<p>To make legal descriptions of subdivided land more convenient (C)</p> Signup and view all the answers

<p>Metes and bounds method (B)</p> Signup and view all the answers

<p>It serves as a sufficient legal description of the lot (B)</p> Signup and view all the answers

<p>Dimensions of easements and location of survey markers (C)</p> Signup and view all the answers

<p>When there is an adequate description already in public record (D)</p> Signup and view all the answers

<p>Location of nearby schools (B)</p> Signup and view all the answers

<p>It must be recorded in the county where the property is located (B)</p> Signup and view all the answers

<p>Blocks (A)</p> Signup and view all the answers

<p>It becomes personal property. (C)</p> Signup and view all the answers

<p>Geographical coordinates (C)</p> Signup and view all the answers

<p>Specify a point of beginning. (A)</p> Signup and view all the answers

<p>To facilitate future transactions without confusion. (A)</p> Signup and view all the answers

<p>The compass readings indicating directions. (D)</p> Signup and view all the answers

<p>Either natural or man-made objects. (A)</p> Signup and view all the answers

<p>It could invalidate contracts or deeds. (D)</p> Signup and view all the answers

<p>When it is installed on a new site. (B)</p> Signup and view all the answers

<p>Township lines (C)</p> Signup and view all the answers

<p>Principal meridian (C)</p> Signup and view all the answers

<p>By its position relative to the principal meridian and base line (B)</p> Signup and view all the answers

<p>36 square miles (D)</p> Signup and view all the answers

<p>T4N, R3E (B)</p> Signup and view all the answers

<p>To mark every fourth range line (C)</p> Signup and view all the answers

<p>36 sections (C)</p> Signup and view all the answers

<p>Los Angeles (A)</p> Signup and view all the answers

<p>Metes and bounds (C)</p> Signup and view all the answers

<p>Littoral rights (B)</p> Signup and view all the answers

<p>A division comprised of 36 sections (B)</p> Signup and view all the answers

<p>Emblements (A)</p> Signup and view all the answers

<p>It serves as the starting point for measurements (A)</p> Signup and view all the answers

<p>The rights to reasonable use of flowing water (C)</p> Signup and view all the answers

<p>Trade fixtures (C)</p> Signup and view all the answers

<p>As a reference point for land description (D)</p> Signup and view all the answers

<p>Kitchen sink (A)</p> Signup and view all the answers

<p>Doctrine of emblements (D)</p> Signup and view all the answers

<p>640 (B)</p> Signup and view all the answers

<p>1/16 of a section (C)</p> Signup and view all the answers

<p>Six miles (B)</p> Signup and view all the answers

<p>Southeast corner (B)</p> Signup and view all the answers

<p>Rule of capture (B)</p> Signup and view all the answers

<p>No necessity to own riparian or littoral land (D)</p> Signup and view all the answers

Items permanently attached to land become real estate. This includes things planted like trees and buried like sewer lines, as well as those resting like sheds and affixed with screws or cement.

A written agreement between parties that clarifies how an item will be classified (real estate or personal property) is legally binding and helps prevent future disputes. This agreement is typically found in the purchase agreement.

A bill of sale transfers ownership of personal property, while a deed conveys title to real estate. A bill of sale may be required to move certain items.

Items physically attached to land, even without being directly attached, become fixtures. Gravity alone can be enough, think of buildings built without foundations.

The method of attachment (roots, embedded, resting, or affixed), adaptation to the property (custom-made shelves), intent of the annexor (meant to be permanent?), and relationship of the parties (landlord vs tenant?) are legal standards. Court uses them to classify items.

An item that fits perfectly or is designed for a specific space in the property is more likely to be a fixture than something generic. Example: custom-made bookshelves built into a wall.

The intention of the person who installed or attached the item matters. If they intended it to be permanent, it's more likely a fixture. For example, a built-in Jacuzzi is likely a fixture unlike a portable hot tub.

The relationship between the parties is used in legal arguments. For example, a tenant may rent an appliance that is still owned by the landlord, so it's not a fixture.

Personal property results when a house is detached from the land and becomes movable, subject to sales tax.

The legal description in a property transfer document specifies the exact piece of land being conveyed.

An ambiguous or inaccurate property description could make a contract or deed invalid, causing problems for current and future transactions.

The metes and bounds method describes a parcel's boundaries using landmarks, directions, and distances.

Monuments are natural or man-made objects used as reference points in boundary descriptions.

Courses, expressed as compass readings, and distances, measured in units, define the boundaries of a property.

The starting point in a Metes and Bounds description is a well-defined point on the property.

A Metes and Bounds description typically follows a series of courses and distances from the point of beginning to define the property's boundaries.

A system for describing land using a grid of squares, also known as townships.

Imagine lines running north/south and east/west on a map, marking the boundaries of townships.

A line that runs north-south in the Government Survey System, defining a grid.

A line running east/west in the Government Survey System, marking the starting point of townships.

The area of land located where a range line and a township tier intersect, measuring 36 square miles.

The rows of townships running east-west.

The columns of townships running north-south.

A unit of land measuring 1 square mile, equivalent to 640 acres.

A method of describing land using a recorded map that divides land into lots and blocks, commonly used in urban and suburban areas.

A map that shows the division of land into lots and blocks, recorded for legal purposes.

A reference to a specific lot number on a recorded plat map, used to legally describe a piece of property.

A group of lots surrounded by streets, often found on a plat map.

A method of describing land by referencing a previously recorded document containing a detailed legal description.

A reference to a survey or tax assessor's map, used to legally describe property.

A process of examining the history of ownership and legal claims on a property.

A legal document that grants ownership of property from one person to another.

Describes land by using monuments, courses, and distances.

A visible marker (natural or artificial) that defines a property boundary in a metes and bounds description.

The starting point in a metes and bounds description; usually a monument or a point referenced to a monument.

The direction of a property boundary line in a metes and bounds description, expressed as a compass bearing.

The length of a property boundary line, measured in units like feet or meters, in a metes and bounds description.

A system of land description where land is divided into squares called townships, then further divided into sections.

A fixture is an item that was once personal property but has become a permanent part of real estate. This happens when the item is attached to the real estate in a way that suggests it was intended to be permanent. Examples include built-in appliances, landscaping, and attached sheds.

The method of attachment test considers how an item is attached to the property. Items that are attached by roots, embedded in the ground, resting on the land, or firmly affixed are likely to be considered fixtures.

The adaptation of the property test focuses on whether the item was specifically designed or adapted for the specific property. Custom-made features or items that fit perfectly in a unique space are strong indicators of a fixture.

The intention of the annexor test focuses on the intent of the person who attached the item. Did they intend to make the item a permanent part of the property? If so, it's likely a fixture.

The relationship of the parties test considers the legal relationship between the person who attached the item and the owner of the property. For example, a tenant might install trade fixtures for their business, which they can remove at the end of the lease.

A trade fixture is an item installed by a tenant for business use. It can be removed by the tenant at the end of the lease. It's important to clearly distinguish trade fixtures from fixtures that become part of the real estate.

An appurtenance is a right or interest that's connected to the property. These rights are often considered part of the real estate and transfer with the property. An example of an appurtenance is riparian rights.

Riparian rights are the rights of a landowner to the reasonable use of water flowing across their property or bordering it. These rights grant the landowner the right to use the water but not to own it.