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Leasing Agent Exam questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating
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Leasing Agent Exam questions and correct answers (elaborations) with 100% accurate , verified , latest fully updated , 2024/2025 ,already passed , graded a+, complete solutions guarantee distinctions rationales| 5-star rating

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  • August 5, 2024
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  • 2024/2025
  • Exam (elaborations)
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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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