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CE Shop Section 8: Real Property Ownership fully solved graded A+ passed
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CE Shop Section 8: Real Property Ownership fully solved graded A+ passed
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CE Shop Section 8: Real PropertyOwnership
The north-south line that runs through the initial point of RGSS - correct answer ✔✔True meridian, or
principal meridian
The east-west line that runs through the initial point of RGSS - correct answer ✔✔Base line. This is
where all initial measurements originate
Range Lines - correct answer ✔✔North south line that don't run through the initial point
Township lines - correct answer ✔✔East-west lines that don't run through initial point
Land - correct answer ✔✔The earth's surface, extending downward to the center of the earth and
upward infinitely into space.
Includes permanently attached natural objects, such as water & trees.
Physical & Economic characteristics
Real Estate - correct answer ✔✔Everything in the definition of land, plus all things permanently attached
to it- naturally or artificially.
Housings, fences, bridges, etc.
Artificial Attachments - correct answer ✔✔"Improvements".
Fencing, buildings, walkways, etc.
,Real Property - correct answer ✔✔Real estate, plus the interests, benefits, & rights automatically
included with real estate ownership.
Permanently attached
"Land tenements", "Hereditaments"
Personal Property - correct answer ✔✔"Chattel"
Everything that is not real property.
Things that are not attached to property & can be removed. Furniture, tools, machinery, etc.
What are the interests, benefits, & rights of real property - correct answer ✔✔Possession
Enjoyment
Exclusion
Control
Disposition
Possession - correct answer ✔✔The right to occupy the property in privacy
Enjoyment - correct answer ✔✔The right to use the property in any legal way the owner desires
Exclusion - correct answer ✔✔The right to refuse others entry to, or use of, the property
Control - correct answer ✔✔The right to determine how the property will be used by the owner, or by
others.
Similar to enjoyment, but extends to other parties
, Disposition - correct answer ✔✔The right to dispose of any interest in the property- by sale, lien,
easement, lease, etc.
Chattel - correct answer ✔✔Personal property
Fixture - correct answer ✔✔A piece of equipment or furniture which is fixed in position
Light fixture, door, etc.
Trade Fixtures - correct answer ✔✔In commercial properties, these are items affixed to the property, but
for business use.
Display shelves, dentist chair, etc.
Annex - correct answer ✔✔To add to, attach: to incorporate as an extra part
What are the 5 tests to determine whether an item is a fixture or personal property - correct answer
✔✔"MARIA"
Method of annexation
Adaptability of item to land's use
Relationship of the parties
Intention in placing item on land
Agreement of the parties
Method of Annexation - correct answer ✔✔How permanent is the method of attachment? Can it be
removed without causing damage to the property? If not, it is real property
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