Podcast
Questions and Answers
Which of these is NOT considered real property?
Which of these is NOT considered real property?
- A fence attached to the ground
- Your favorite coffee mug (correct)
- A house
- A tree growing in your backyard
What is an appurtenance?
What is an appurtenance?
- A legal document for property ownership
- Something that belongs to and goes with the land (correct)
- A type of personal property
- A fancy word for a house
In a riparian water rights system, the first person to use the water has the strongest claim to it.
In a riparian water rights system, the first person to use the water has the strongest claim to it.
True (A)
Which of these is considered a natural attachment to real property?
Which of these is considered a natural attachment to real property?
When determining if something is a fixture, which of these is NOT typically considered?
When determining if something is a fixture, which of these is NOT typically considered?
What is special about trade fixtures?
What is special about trade fixtures?
Flashcards
What is Real Property?
What is Real Property?
Real property refers to land and everything permanently attached to it, including structures, trees, and fixtures.
Appurtenance
Appurtenance
An appurtenance is a right or improvement that belongs to and passes with the ownership of real property.
Easement
Easement
An easement grants someone the right to use another person's land for a specific purpose, like access or utilities.
Fixture
Fixture
Signup and view all the flashcards
Trade Fixture
Trade Fixture
Signup and view all the flashcards
Metes and Bounds
Metes and Bounds
Signup and view all the flashcards
Government Survey System
Government Survey System
Signup and view all the flashcards
Lot and Block
Lot and Block
Signup and view all the flashcards
Study Notes
Real Property Pop Quiz Study Notes
- Real Property (vs. Personal Property): A house, tree in the yard, and a fence are real property. A coffee mug is personal property.
Appurtenances
- Definition: Things that belong to and go with the land.
Appurtenant Rights & Descriptions
- Easement: The right to use another's land for a specific purpose (A)
- Air Rights: The right to use the space above one's property (C)
- Mineral Rights: The right to extract valuable substances beneath the surface (B)
- Water Rights: The right to use water on or adjacent to one's property (E)
- Support Rights: The right to have one's land physically supported by adjacent land (D)
Riparian Water Rights
- First Use Claim: False. In a riparian system, water rights are often determined by reasonable use, not first use.
Natural Attachments
- Trees: Trees are a natural attachment to real property.
Fixtures
- Determining Factors: Method of attachment, intention of the parties, and adaptation to the property are considered when determining if something is a fixture. The color of an item isn't relevant.
Trade Fixtures
- Removal: Trade fixtures can typically be removed by a tenant at the end of a lease.
Land Description Methods & Examples
- Metes and Bounds: "Beginning at the old oak tree, then north 100 feet to the large rock..." (C)
- Government Survey System: "The Northwest Quarter of Section 12, Township 3 North, Range 4 East" (A)
- Lot and Block: "Lot 7 of Block 3 in Sunnyside Subdivision" (B)
Bonus Fun Question
This question is based on your personal preference and is open ended, so it can't be included in the study notes.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge of real property concepts, including appurtenances and water rights. This quiz covers key definitions and rights associated with real estate, ensuring you grasp essential legal terms and conditions. Perfect for students and professionals alike!