Exam (elaborations)
Colibri Real Estate Course Exam chapter 1 - 5 Questions with Solutions
- Module
- Institution
Colibri Real Estate Course Exam chapter 1 - 5
[Show more]
Seller
Follow
julianah420
Reviews received
Content preview
Colibri Real Estate Course Exam chapter1-5
Fixture - answerWhat term describes a personal property item that has been converted
to real property by attachment to real estate?
Subsurface Rights - answerWhat 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 - answerWhat 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 - answerWhat type of law consists of decisions based on judicial precedent?
The Right to Encumber - answerWhat type of law consists of decisions based on judicial
precedent?
The Principal Meridian - answerWhat describes the principal north-south line used to
control descriptions for an entire state or more?
Land - answerThe legal concept of real estate encompasses all man-made structures
that are permanently attached to the land and:
tier - answerThe east-west area between two parallels is called a:
Real Property - answerPlants and crops that grow naturally, without requiring anyone's
labor or machinery, are considered:
The Land Ordinance of 1785 - answerWhat established the start of a public land survey
system in the United States?
Personal Property - answerIf 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 - answerWhat 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 - answerWhat describes the sudden decrease of land by flowing water or
waves often caused by hurricanes and other storms?
Benchmarks - answerWhat do surveyors use to identify local elevation markers to
provide reference elevations for nearby properties?
Emblements - answerA field of corn is an example of
Chattel Fixture - answerA trade fixture is also known as a(n)
Riparian Rights - answerWhat type of rights concern properties abutting moving water,
such as streams and rivers?
Air Rights - answerWhat 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 - answerThe set of rights an owner has to enjoy an item are called
6 Months - answerLenders typically require a survey that is dated within how many
months of the closing date?
north-south. - answerLongitude lines run:
recorded plat method. - answerThe lot and block system is also called
6 - answerA township is a square with how many miles on each side?
land and all man-made structures that are permanently attached to the land. -
answerThe legal concept of real estate encompasses:
Real estate - answerAir, water, land, and everything affixed to the land is a simple
definition of:
The right to exclude - answerWhat gives property owners the legal right to keep others
off the property and to prosecute trespassers?
A location survey - answerWhat type of survey is a boundary survey with the additional
location of all the interior improvements?
Case law - answerWhat type of law consists of decisions based on judicial precedent?
Riparian Rights - answerWhat type of rights concern properties abutting moving water,
such as streams and rivers?
Lot and Block - answerWhich method is most frequently used in metropolitan areas?
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 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 julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £11.44. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
81849 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now