Barney Fletcher Section 1 Exam Questions And Answers
4 views 0 purchase
Course
Barney Fletcher
Institution
Barney Fletcher
Barney Fletcher Section 1 Exam Questions
And Answers
What is Real Property? Real property is real estate that includes your bundle of rights.
Surface Rights Legal right to control, occupy, and use the surface area of a parcel of real
estate (the land), including building of improvements (real...
Barney Fletcher Section 1 Exam Questions
And Answers
What is Real Property? Real property is real estate that includes your bundle of rights.
Surface Rights Legal right to control, occupy, and use the surface area of a parcel of real
estate (the land), including building of improvements (real property), and the growing of crops.
Air Rights Legal right to control, occupy, and use airspace above a parcel of real estate.
Air rights may be sold or leased. Air rights expand indefinitely.
Subsurface Rights The right to explore, drill, or dig below the surface for minerals and
water. Mineral rights and certain water rights may be sold or leased.
Improvements Additions made to property that are intended to enhance its value.
Fixtures Articles that were once personal property but have been affixed to real estate so
as to become real property.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller UpperClass. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
