Appurtenant Study guides, Class notes & Summaries
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PSI Real Estate Salesperson exam 1 QUESTIONS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 18 pages • 2023
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Which of the following would NOT be considered Real Property? 
 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air correct answer: 2. A Leasehold Estate 
 
The servient estate in an easement appurtenant is the property 
 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement correct answer: 2. on which the easement is placed 
 
Which of the following statements concerning encumbrances is NOT true 
 
1. All encumbran...
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct
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Texas Principles of Real Estate 1 (2024 / 2025) Exam | Guide with Questions and Verified Answers | 100% Correct Q: curtsey rights Answer: right a husband has to his wifes estate upon her death Q: fee simple defeasable Answer: a gift of land by a person or GRANTOR Q: Life Estate Answer: an estate in land for the duration of someones life (always a gift of land/ real estate) Q: Homestead Answer: Texas is a Homestead State. The property that you own and live in. It is a constitutional right that ca...
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ASREB National Test A-1 Questions and Answers Already Passed
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ASREB National Test A-1 Questions and 
 
Answers Already Passed 
 
A lessee puts in a bookcase for commercial use; at the end of the lease the bookcase is removed. 
The bookcase would be considered: 
Real Property 
Trade Fixture 
Appurtenant 
Chattel Real Trade Fixture 
 
A party owns a parcel of real estate with mineral rights, who owns the mineral rights? 
The state 
 
Federal government 
Original property owner 
The property owner The property owner 
 
A person dies with no will and no heirs....
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National - Real Estate Exam Practice Questions (Set One) Latest Update Graded A+
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National - Real Estate Exam Practice 
Questions (Set One) Latest Update 
 
Graded A+ 
 
Which of the following is a lien on real estate? 
 
a. recorded easement 
b. recorded mortgage 
c. encroachment 
 
d. dead restriction b. recorded mortgage 
 
Which approach to value would MOST likely be useful to real estate brokers estimating the 
value of a single-family residence for sale in a subdivision? 
 
a. cost approach 
b. income approach 
c. market comparison approach 
d. gross rent multiplier c. ...
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McKissock Liberty University -Real estate appraisal principles and procedures with verified solutions
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McKissock Liberty University -Real estate appraisal principles and procedures with verified solutions REAL ESTATE 
 
Is the physical land and improvements 
 
 
Real property 
 
Is "the interest, benefits, and rights inherent to the ownership of real estate". These include the land, anything permanently attached or affixed to the land, anything incidental or appurtenant to the land, and anything immovable by law. 
 
 
 
Bundle of rights 
 
Bundle of rights include the rights to use, enjoy, excl...
And that's how you make extra money
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PSI REAL ESTATE SALESPERSON EXAM 1| ACTUAL EXAM ANSWERED 100% CORRECTLY| LATEST 2024
- Exam (elaborations) • 22 pages • 2024
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PSI REAL ESTATE SALESPERSON EXAM 1| ACTUAL EXAM ANSWERED 100% CORRECTLY| LATEST 2024 
Which of the following would NOT be considered Real Property? 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air 
2. A Leasehold Estate 
The servient estate in an easement appurtenant is the property 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement 
2. on which the easement is placed 
Which of the following statements concernin...
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CA DRE Salesperson Exam Questions and Answers (Latest Update 2024/2025) Verified Answers.
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CA DRE Salesperson Exam Questions and Answers (Latest Update 2024/2025) Verified Answers. What is the most complete, largest type of estate that includes all rights 
associated with the estate? - correct answers An estate in fee simple 
absolute 
What type of estate do you own if someone grants you real property for you 
to own only during your lifetime? When you die, the property reverts back 
to original estate owner. - correct answers a life estate 
The rights of tenants who rent or lease pro...
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PSI Real Estate Salesperson exam 1 2024 with 100% correct answers
- Exam (elaborations) • 19 pages • 2024
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Which of the following would NOT be considered Real Property? 
 
1. Mineral Rights 
2. A Leasehold Estate 
3. Fixtures 
4. Air - correct answer 2. A Leasehold Estate 
 
The servient estate in an easement appurtenant is the property 
 
1. owned by the landlord 
2. on which the easement is placed 
3. owned by the tenant 
4. that benefits from the easement - correct answer 2. on which the easement is placed 
 
Which of the following statements concerning encumbrances is NOT true 
 
1. All encumbran...
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principal of real estate 1 final exam with 100% correct answer
- Exam (elaborations) • 17 pages • 2023
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One who is given a power-of-attorney that allows them to sign the name of a principal to a contract of sale is a(n): 
 
A) attorney-in-fact 
B) broker with a listing 
C) special agent 
D) attorney-at-law 
attorney-in-fact 
 
 
 
No two parcels of land are exactly alike because no two parcels can occupy the same position on the globe. This is known as: 
 
A) township 
B) section 
C) scarcity 
D) nonhomogeneity 
nonhomogeneity 
 
 
 
The five essential elements that make a contract valid are: comp...
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Real Estate 306 Exam 1 Questions and Answers 100% Verified
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Factors that affect a bid-rent curve - - number of commuters or firms 
- wage rate (time cost) of commuters 
- speed of travel 
- frequency of trips 
Certain requirements for deed: - - Name grantor and grantee 
- Consideration and conveyance 
- Contain certain covenants and clauses 
- Contain exceptions and/or reservations clause & phsycial descriptions 
- acknowledgment and delivery 
Action of water - -Involuntary conveyance 
-accretion reliction - deposit soil, subsiding of water 
Actual notic...
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