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Colibri Real Estate Course Exam Chapter 1 – 5 Questions And Answers 100% Correct!!!
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Colibri Real Estate Course Exam Chapter 1 – 5 Questions And Answers 100% Correct!!!
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Colibri Real Estate Course ExamChapter 1 – 5 Questions And Answers
100% Correct!!!
Fixture - ANSWER✔✔What term describes a personal property item that has been
converted to real property by attachment to real estate?
Subsurface Rights - ANSWER✔✔What rights apply to land beneath the surface of
the real estate parcel extending from its surface boundaries downward to the
center of the earth?
Lateral Support - ANSWER✔✔What refers to support provided by the adjacent
property, such as a landowner having a right to demand that a neighboring
property owner does nothing to cause the land to collapse?
Case Law - ANSWER✔✔What type of law consists of decisions based on judicial
precedent?
The Right to Encumber - ANSWER✔✔What type of law consists of decisions based
on judicial precedent?
The Principal Meridian - ANSWER✔✔What describes the principal north-south
line used to control descriptions for an entire state or more?
Land - ANSWER✔✔The legal concept of real estate encompasses all man-made
structures that are permanently attached to the land and:
tier - ANSWER✔✔The east-west area between two parallels is called a:
Real Property - ANSWER✔✔Plants and crops that grow naturally, without
requiring anyone's labor or machinery, are considered:
The Land Ordinance of 1785 - ANSWER✔✔What established the start of a public
land survey system in the United States?
, Personal Property - ANSWER✔✔If a tenant installs a fixture in order to conduct
business, the fixture may be considered a trade fixture, which is the tenant's:
Metes and Bounds - ANSWER✔✔What system uses physical features of the local
geography, along with directions and distances, to define and describe the
boundaries of a parcel of land?
Avulsion - ANSWER✔✔What describes the sudden decrease of land by flowing
water or waves often caused by hurricanes and other storms?
Benchmarks - ANSWER✔✔What do surveyors use to identify local elevation
markers to provide reference elevations for nearby properties?
Emblements - ANSWER✔✔A field of corn is an example of
Chattel Fixture - ANSWER✔✔A trade fixture is also known as a(n)
Riparian Rights - ANSWER✔✔What type of rights concern properties abutting
moving water, such as streams and rivers?
Air Rights - ANSWER✔✔What type of rights apply to the space above the surface
boundaries of the parcel, as delineated by imaginary vertical lines extended to
infinity?
Bundle of Rights - ANSWER✔✔The set of rights an owner has to enjoy an item are
called
6 Months - ANSWER✔✔Lenders typically require a survey that is dated within
how many months of the closing date?
north-south. - ANSWER✔✔Longitude lines run:
recorded plat method. - ANSWER✔✔The lot and block system is also called
6 - ANSWER✔✔A township is a square with how many miles on each side?
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