Trade fixture - Study guides, Class notes & Summaries
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Prep Agent Exam Questions With 100% Correct Answers
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Prep Agent Exam Questions With 100% Correct Answers 
Bundle of rights 
DEEP C 
 
 
Real Property 
immovable 
 
 
Personal Property 
movable 
 
 
Chattel Real 
Moveable - cows moveeee personal property 
 
 
fixture 
(Maria) Method, Adaptability, Relationship, Intention, Agreement. 
 
 
Trade fixture 
Business dentist chair 
 
 
riparian rights 
rivers and streams moving body of water 
 
 
littoral rights 
Lakes, Oceans, large bodies of water 
 
 
freehold estate 
own indefinitely 
 
 
fee simple ...
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Missouri Real Estate Practice Exam Questions and Answers
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Missouri Real Estate Practice Exam 
Questions and Answers 
A farmer sold his farm. Several months later the farmer was able to go back and 
harvest the crops he planted. The crops are called: - Correct Answer ️️ -Emblements 
A bill of sale would be the document used to convey what? - Correct Answer ️️ -A 
refrigerator 
A commercial tenants lease was about to expire. The tenant wanted to remove some 
shelving that he had installed. Could he do this? - Correct Answer ️️ -Yes, if he 
re...
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Texas Real Estate Exam (National) Latest Update Graded A+
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Texas Real Estate Exam (National) Latest 
 
Update Graded A+ 
 
real property the tangible real estate and intangible rights associated with the ownership of 
real estate 
-transfers by deed or will 
 
personal property a right or interest in things of a temporary or movable nature; anything not 
classed as real property (chattel, personalty) 
-transfers by a bill of state 
 
fixture personal property that has been attached in such a way as to make it real property 
-"installed" often indicate...
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Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions.
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Barney Fletcher Real Estate Exam 2024 (235 Questions and Answers) With Complete Solutions. 
Surface rights consist of only the right to control, occupy, and use the surface area of a 
parcel of real estate. T/F? - False 
Mineral rights are: 
A. Always considered to be personal property 
B. Always pass with the land 
C. Cannot be sold separately from the land 
D. Pass with the land, unless otherwise specified in the deed - D 
Which of the following is NOT an improvement of land? 
A. Building 
B. ...
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McKissock Liberty University -McKissock Learning - Basic Appraisal Principles fully solved
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McKissock Liberty University -McKissock Learning - Basic Appraisal Principles fully solved"A document or a clause in a document in which the borrower accepts responsibility for the repayment of a debt" is the definition of: A) CC&R B) bond C) mortgage note D) debt - correct answer mortgage note 
 
"The earth's surface, both land and water, and anything that is attached to it whether by the course of nature or human hands" is the definition of: A) land B) site C) water D) real property - cor...
Too much month left at the end of the money?
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Real Estate Exam Prep (Champions; Texas) Latest Update Graded A+
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Real Estate Exam Prep (Champions; 
Texas) Latest Update Graded A+ 
 
appurtenance term used to describe rights, privileges or improvements that belong to and 
pass with the land 
 
improvements man's additions to the land such as building and landscaping 
 
personal property also called chattel or personalty; a right or interest in smiting of a 
temporary or movable nature and includes anything not classed as real property. Real property 
becomes personal property through severance. 
 
bill of ...
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Texas Property Tax Consultant Exam Questions With 100% Correct Answers.
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A $50,000 mortgage has a $5,000 cash equivalency adjustment because of below market financing. The 
down payment was $3,000. What is the cash equivalent sales price? 
a. $50,000 
b. $55,000 
c. $48,000 
d. $58,000 - Answer-c. $48,000 
A ceiling fan installed in a home is... 
a. Personal property 
b. A trade fixture 
c. A fixture that is now part of the real estate 
d. Real Property - Answer-c. A fixture that is now part of the real estate 
A city has a zoning code that does not allow satellite d...
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Champion School of Real Estate-Law of Contracts Latest Update 100% Pass
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Champion School of Real Estate-Law of 
Contracts Latest Update 100% Pass 
 
Texas Real Estate Commission TREC-created by the Legislature in 1949. 9 member 
commission whose primary purpose is to carry out the provision of the License Act 
 
Real Estate Recovery Trust Account administered by TREC. the purpose of the account is to 
protect aggrieved individuals who suffer monetary loss due to illegal acts of license holders 
 
unlawful practice of law license holder is not qualified to add provisi...
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New Jersey Real Estate Exam Practice Questions | Questions with 100% Correct Answers | Verified | Latest Update 2024
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According to fair housing, which of these is not a protected class? 
A. muslim 
B. arab 
C. homosexual 
D. single mother - C. homosexual 
The front door key to a house is: 
A. chattel 
B. fixture 
C. improvement 
D. trade fixture - B. fixture 
The phrase "bundle of legal rights" is properly included in: 
A. the definition of real property 
B. a legal description 
C. real estate transactions 
D. leases for less than one year - A. the definition of real property
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Pearson Vue National exam prep Real Estate, Questions And Correct Answers With Complete Verified Solutions
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Pearson Vue National exam prep Real Estate, Questions And Correct Answers With Complete Verified Solutions 
 
Appurtenance 
including rights, privileges, and fixture 
Fixtures 
items attached to improvements with the intent to become real estate. Evident by the following: attachment/annexation, adaptation, or agreement. 
 
Transfer via a deed UNLESS they contract excludes them 
 
Emblements (crops) are exceptions. 
 
Trade fixtures are also exceptions 
Land and all appurtenances 
transfer via de...
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