Leasing Agent Exam Questions
Air rights are defined as:
a. extending into infinity
b. beginning at the roofs of the buildings
c. land rights lighter than the surface soil
d. non-owned property - ANS-a. extending into infinity
Anything affixed to the land with the intent of being permanent is:
a. chattel property
b. real property
c. personal property
d. forever real - ANS-b. real property
Land ownership includes:
a. yard furniture
b. subsurface rights
c. leases
d. personal property - ANS-b. subsurface rights
Real property includes:
a. Trade fixtures
b. encroachments
c. leases.
d. airspace - ANS-d. airspace
Which of the following is a test of whether an item is a fixture:
a. length of ownership
b. size of the object
c. value of the item
d. method of attachment - ANS-d. method of attachment
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