Principles of Real Estate Spring 2024 EXAM NEW VERSION
4 views 0 purchase
Course
CHAMPIONS OF REAL ESTATE
Institution
CHAMPIONS OF REAL ESTATE
Multiple Choice -- (2½ points each)
Determine the BEST answer to the following questions and blacken the appropriate space on the answer sheet. Be sure that the question number corresponds with the number on the answer sheet.
1. Real property, although often used interchangeably with the term ...
principles of real estate spring 2024 exam new ver
Written for
CHAMPIONS OF REAL ESTATE
All documents for this subject (14)
Seller
Follow
THEEXCELLENCELIBRARY
Reviews received
Content preview
Principles of Real Estate
Spring 2024 EXAM NEW VERSION
Multiple Choice -- (2½ points each)
Determine the BEST answer to the following questions and blacken the appropriate
space on the answer sheet. Be sure that the question number corresponds with the
number on the answer sheet.
1. Real property, although often used interchangeably with the term "real estate",
refers to
a. legal interests associated with land
b. movable property
c. land and buildings
d. tangible assets
e. none of the above
2. Which of the following would NOT be considered a "fixture"?
a. flush-mounted home theater speakers
b. built-in dishwasher
c. attached fireplace mantle
d. free-standing entertainment cabinet
e. all of the above would be considered fixtures
3. The rights of a landowner to use water from a nonnavigable lake or stream are
called
a. riparian rights
b. civil rights
c. littoral rights
d. human rights
e. none of the above
4. Which of the following is NOT a right of real estate ownership?
a. mineral rights below the land
b. air rights above the land
c. right to lease the land to others
d. right to quiet enjoyment of the land
e. all of the above are rights of real estate ownership
5. The buyer of a property is typically known as the
a. grantee
b. agent
c. grantor
d. broker
, 7. In Texas, if a husband and wife buy a piece of land together, that property is
referred to as
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 THEEXCELLENCELIBRARY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
