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Real Estate Dynamics (Capitus) - Study Set Questions with Complete Solutions
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1.1 Which of the following best describes a parcel of land? A. The surface of the Earth includes all things permanently attached and the control of all minerals and substances beneath. B. The surface of the Earth extending down to the center and upward to infinity. C. The Earth's Surface clearly marked by certain boundaries. D. The surface of the Earth extending down a reasonable distance and up into the air a reasonable distance. Correct Answer-B. The surface of the Earth extending down to the center and upward to infinity. 1.2 In determining whether an item is a fixture, which of the following would not be considered? A. Method of attachment. B. Adaptation to the real estate. C. Value of the item.
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