CE Shop Section 8 Real Property
Ownership questions and answers
The .north-south .line .that .runs .through .the .initial .point .of .RGSS .- .(correct .answer) .-
True .meridian, .or .principal .meridian
The .east-west .line .that .runs .through .the .initial .point .of .RGSS .- .(correct .answer) .-
Base .line. .This .is .where .all .initial .measurements .originate
Range .Lines .- .(correct .answer) .-North .south .line .that .don't .run .through .the .initial .point
Township .lines .- .(correct .answer) .-East-west .lines .that .don't .run .through .initial .point
Land .- .(correct .answer) .-
The .earth's .surface, .extending .downward .to .the .center .of .the .earth .and .upward .infinitely .into .space
..
Includes .permanently .attached .natural .objects, .such .as .water .& .trees.
Physical .& .Economic .characteristics
Real .Estate .- .(correct .answer) .-
Everything .in .the .definition .of .land, .plus .all .things .permanently .attached .to .it- .naturally .or .artificially
.
Housings, .fences, .bridges, .etc.
Artificial .Attachments .- .(correct .answer) .-"Improvements". .
Fencing, .buildings, .walkways, .etc.
Real .Property .- .(correct .answer) .-
Real .estate, .plus .the .interests, .benefits, .& .rights .automatically .included .with .real .estate .ownership.
,Permanently .attached
"Land .tenements", ."Hereditaments"
Personal .Property .- .(correct .answer) .-"Chattel"
Everything .that .is .not .real .property. .
Things .that .are .not .attached .to .property .& .can .be .removed. .Furniture, .tools, .machinery, .etc.
What .are .the .interests, .benefits, .& .rights .of .real .property .- .(correct .answer) .-Possession
Enjoyment
Exclusion
Control
Disposition
Possession .- .(correct .answer) .-The .right .to .occupy .the .property .in .privacy
Enjoyment .- .(correct .answer) .-The .right .to .use .the .property .in .any .legal .way .the .owner .desires
Exclusion .- .(correct .answer) .-The .right .to .refuse .others .entry .to, .or .use .of, .the .property
Control .- .(correct .answer) .-
The .right .to .determine .how .the .property .will .be .used .by .the .owner, .or .by .others. .
Similar .to .enjoyment, .but .extends .to .other .parties
Disposition .- .(correct .answer) .-
The .right .to .dispose .of .any .interest .in .the .property- .by .sale, .lien, .easement, .lease, .etc.
Chattel .- .(correct .answer) .-Personal .property
Fixture .- .(correct .answer) .-A .piece .of .equipment .or .furniture .which .is .fixed .in .position
, Light .fixture, .door, .etc.
Trade .Fixtures .- .(correct .answer) .-
In .commercial .properties, .these .are .items .affixed .to .the .property, .but .for .business .use.
Display .shelves, .dentist .chair, .etc.
Annex .- .(correct .answer) .-To .add .to, .attach: .to .incorporate .as .an .extra .part
What .are .the .5 .tests .to .determine .whether .an .item .is .a .fixture .or .personal .property .- .
(correct .answer) .-"MARIA"
Method .of .annexation
Adaptability .of .item .to .land's .use
Relationship .of .the .parties
Intention .in .placing .item .on .land
Agreement .of .the .parties
Method .of .Annexation .- .(correct .answer) .-
How .permanent .is .the .method .of .attachment? .Can .it .be .removed .without .causing .damage .to .the .pr
operty? .If .not, .it .is .real .property
Adaptability .of .Item .to .Land's .Use .- .(correct .answer) .-
How .the .item .is .situated .or .adapted .to .real .property.
If .a .fireplace .is .part .of .an .outdoor .entertainment .center, .it .can .be .considered .real .property, .becaus
e .of .how .it .has .adapted .to .the .environment.
.Garage .door .openers, .etc.
Economic .Characteristics .of .Land .- .(correct .answer) .-
Scarcity, .improvements, .permanence .of .investment, .& .location/area .preference
Scarcity .- .(correct .answer) .-Limited .quantities .of .resources .to .meet .unlimited .wants
Improvements .- .(correct .answer) .-
Structures, .such .as .buildings, .sheds, .barns, .fences, .roadways, .etc. .placed .on .land.
