Review test 1-Stringham schools Questions and Correct Answers | Latest Update
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Course
Stringham schools
Institution
Stringham Schools
Which of the following is a complete definition of real property?
-:- Land and its appurtenances, all the air space to infinity and
everything below the surface to the earth's center
Which of the following is an economic rather than a physical characteristic of real property?
-:- Area prefer...
Real property includes all of the following EXCEPT:
✓ -:- Trade fixtures
An important characteristic of land is that it can be improved. These modifications become
a part of and tend to increase the value of the real property. Which of the following is such
a modification?
✓ -:- Access roads
A fixture is:
✓ -:- Considered real estate
Which of the following best explains the difference between trade fixtures and fixtures?
✓ -:- Trade fixtures are transferred by bill of sale, fixtures transfer with
the deed.
If a cabinet in a house is a fixture, which of the following is true?
✓ -:- Title to it passes to the buyer upon the sale of the house.
2|P a g e | G r a d e A + | 2 0 2 0 2 5
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