PA RE Fundamentals Quiz #1 with Complete Solutions
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Course
PA RE Fundamentals
Institution
PA RE Fundamentals
PA RE Fundamentals Quiz #1 with
Complete Solutions
Land is defined as the earth's surface extending downward to the center of the earth and upward into
space, excluding permanent natural objects such as trees and water.
a. True
b. False - ANSWER-B. FALSE
Land is defined as the earth's surface...
Real property is the legal rights of ownership (the "bundle of rights") that attach to the physical surface
of the land, to what lies above and below it, and to what is permanently attached to it.
A property's air rights are considered unlimited, extending upward into the farthest reaches of outer
space.
a. True
b. False - ANSWER✔✔-B. FALSE
Before air travel was common, a property's air rights were considered unlimited, extending upward into
the farthest reaches of outer space. Today, however, the courts permit reasonable interference with
these rights. Pennsylvania law permits local government authorities to obtain aviation easements.
Personalty is considered to be all property that does not fit the definition of real property.
a. True
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