Exam (elaborations)
Colibri Real Estate Course Exam chapter 1 - 5
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Colibri Real Estate Course Exam chapter 1 - 5
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Colibri Real Estate Course Examchapter 1 - 5
Fixture - -What term describes a personal property item that has been
converted to real property by attachment to real estate?
- Subsurface Rights - -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 - -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 - -What type of law consists of decisions based on judicial
precedent?
- The Right to Encumber - -What type of law consists of decisions based on
judicial precedent?
- The Principal Meridian - -What describes the principal north-south line
used to control descriptions for an entire state or more?
- Land - -The legal concept of real estate encompasses all man-made
structures that are permanently attached to the land and:
- tier - -The east-west area between two parallels is called a:
- Real Property - -Plants and crops that grow naturally, without requiring
anyone's labor or machinery, are considered:
- The Land Ordinance of 1785 - -What established the start of a public land
survey system in the United States?
- Personal Property - -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 - -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 - -What describes the sudden decrease of land by flowing water
or waves often caused by hurricanes and other storms?
, - Benchmarks - -What do surveyors use to identify local elevation markers
to provide reference elevations for nearby properties?
- Emblements - -A field of corn is an example of
- Chattel Fixture - -A trade fixture is also known as a(n)
- Riparian Rights - -What type of rights concern properties abutting moving
water, such as streams and rivers?
- Air Rights - -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 - -The set of rights an owner has to enjoy an item are
called
- 6 Months - -Lenders typically require a survey that is dated within how
many months of the closing date?
- north-south. - -Longitude lines run:
- recorded plat method. - -The lot and block system is also called
- 6 - -A township is a square with how many miles on each side?
- land and all man-made structures that are permanently attached to the
land. - -The legal concept of real estate encompasses:
- Real estate - -Air, water, land, and everything affixed to the land is a
simple definition of:
- The right to exclude - -What gives property owners the legal right to keep
others off the property and to prosecute trespassers?
- A location survey - -What type of survey is a boundary survey with the
additional location of all the interior improvements?
- Case law - -What type of law consists of decisions based on judicial
precedent?
- Riparian Rights - -What type of rights concern properties abutting moving
water, such as streams and rivers?
- Lot and Block - -Which method is most frequently used in metropolitan
areas?
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