Exam (elaborations)
The CE Shop Unit 3 Exam Questions and Answers 2024
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The CE Shop Unit 3 Exam
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The CE Shop Unit 3 ExamThe bundle of rights - answerWhat term explains the complexity of property ownership
rights and how rights for a single property can be "owned" by multiple parties at the
same time?
Sub-surface - answerAlong with property ownership, rights are granted to use the land's
physical components. Which right allows a property owner to use or sell the
underground resources, such as natural gas and minerals?
A right or privilege associated with owning property - answerWhat is the best definition
for an appurtenance?
Littoral rights - answerA cabin has 120 feet of lake frontage. The cabin owner's ability to
access the lake is based on ______.
Enjoyment - answerWhich of the following is included with real property rights?
Enjoyment
Hazardous acts
Right to destroy
Right to encroach
Riparian - answerThe right to access rivers, streams, and other flowing bodies of water
adjacent to a property is called ______.
Use the water from the lake bordering the property. - answerLittoral rights allow property
owners to take which of these actions?
1. Construct a dock to moor their boat.
2. Navigate the river running through the property.
3. Use the water from the lake bordering the property.
4. Irrigate from a stream running through the property.
Disposition - answerJohn and Tara have lived in their home for 23 years and are excited
to move to Florida for retirement. As homeowners, what right allows them to sell their
home?
Riparian rights - answerA river runs adjacent to a rancher's property. The rancher's
ability to use the water from the river is based on ______.
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