Review test 1-Stringham schools Exam Questions With 100% Verified Answers.
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Course
Stringham Real Estate
Institution
Stringham Real Estate
Review test 1-Stringham schools Exam
Questions With 100% Verified Answers.
Which of the following is a complete definition of real property? - answerLand and its
appurtenances, all the air space to infinity and everything below the surface to the earth's center
Which of the following is an econ...
Review test 1-Stringham schools Exam
Questions With 100% Verified Answers.
Which of the following is a complete definition of real property? - answer✔Land and its
appurtenances, all the air space to infinity and everything below the surface to the earth's center
Which of the following is an economic rather than a physical characteristic of real property? -
answer✔Area preferences - situs
The definition of the term "real property" includes: - answer✔Air space and subsurface rights
Which of the following would be an example of chattel? - answer✔Cattle
The definition of an emblement includes which of the following? - answer✔Crops nurtured in
the year of the sale of the property
Real property includes all of the following EXCEPT: - answer✔Trade fixtures
An important characteristic of land is that it can be improved. These modifications become a part
of and tend to increase the value of the real property. Which of the following is such a
modification? - answer✔Access roads
A fixture is: - answer✔Considered real estate
Which of the following best explains the difference between trade fixtures and fixtures? -
answer✔Trade fixtures are transferred by bill of sale, fixtures transfer with the deed.
If a cabinet in a house is a fixture, which of the following is true? - answer✔Title to it passes to
the buyer upon the sale of the house.
For a deed to be valid, it must be: - answer✔Signed by the grantor
In a deed, the habendum clause is a: - answer✔To have and to hold clause
Lester makes out a deed to Charlie, his partner. Lester signs the deed and has it acknowledged,
after which he places it in a safe deposit box. shortly thereafter, he is killed in an accident. Will
Charlie get the property?
A. Yes, the deed is valid
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