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ASREB Ch 1; Questions and Answers 100% Verified £9.59   Add to cart

Exam (elaborations)

ASREB Ch 1; Questions and Answers 100% Verified

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ASREB Ch 1; Questions and Answers 100% Verified Attachments are generally considered_____and can be either____or____ Answer-real property, natural, or man made What are five test to determine what is or is not a fixture? Answer-M.A.R.I.A. Method of Attachment, Agreement, Relationship, Intent,...

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  • August 9, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ASREB
  • ASREB
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ASREB Ch 1; Questions and Answers 100% Verified
Attachments are generally considered_____and can be either____or____ Answer-real
property, natural, or man made




What are five test to determine what is or is not a fixture? Answer-M.A.R.I.A. Method of
Attachment, Agreement, Relationship, Intent, Adaptability




Property ownership is what two basic systems? Answer-Feudal and Allodial




All real estate is owned by the king and there are no heirs. Answer-Feudal System




The system of land ownership where anyone can own land Answer-.Allodial System




DEEP C -Disposition, enjoyment, exclusion, possession, control, also known as____
Answer-Bundle of Rights




By securing the entire bundle of rights you're considered to be a____ Answer-owner




Property rights that go with ownership of real property are referred to as the____
Answer-Bundle of Rights




Surface of the earth, below to the center, and above, with all natural things is____
Answer-Land

, ASREB Ch 1; Questions and Answers 100% Verified

What includes the actual physical land as well as all of the attachments (which are items and
property attached to the land)? Answer-Real Estate




The land, attachments (real estate), legal interest, rights, and bundle of rights is____.
(Corporeal, immovable, realty, cannot be destroyed, and has a deed.) Answer-real
property




Movable property, Chattel, tangible objects (beds, chairs, tables), and intangible (copyrights,
patents, trademarks), bill of sale, incorporeal, personalty Answer-personal property




Natural Attachments, also known as real property while growing but can be personal if remove.
where plants are growing on the land is____ Answer-Fructus Naturales




meaning fruits of the industry, also known as emblements Answer-Fructus Industriales
(Emblements)



-Considered personal property

-The Doctrine of emblements allows tenant farmers to re enter land to harvest crops planted.
Answer-emblements (fructus industriales)




-A man-made attachment

-real property

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