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Chapter 2—Nature and Description of Real Estate
MULTIPLE CHOICE
1. Which of the following are considered to be real estate?
a.
Trade Fixtures
b.
Emblements
c.
Mulberry bush
d.
Garden hose
2. Which of the following is real property?
a.
Farm equipment
b.
Cotton ready to be harvested
c.
Swing set from Wal-Mart set in concrete
d.
Lawn mower
3. Regarding real property,
a.
mineral rights must run with the land.
b.
air rights can be granted by deed.
c.
annual crops are considered real property because they are attached to the land.
d.
man made buildings are not part of the real property.
4. Improvements made to real property become part of the real property because of
a.
reliction.
b.
attachment.
c.
devise.
d.
descent
5. The best determinant of whether an item is real or personal property is
a.
the intent of the parties.
b.
its size and weight.
c.
its value.
d.
the appraiser’s opinion.
6. Which of the following is personal property?
a.
Utility easement
b.
Fixture
c.
Ceiling fan
d.
Electric fan plugged in
7. To transfer ownership of personal property, which document should be used?
a.
Bill of sale
b.
Warranty deed
c.
Quitclaim deed
d.
Security agreement
8. Tests of a fixture include all of the following EXCEPT
a.
agreement of the parties.
b.
adaptability of the object.
c.
value of the item.
d.
manner of attachment.
9. The most important factor in determining whether an item has become a fixture is the
a.
method of attachment.
b.
agreement of the parties.
c.
adaptability of the item.
d.
original cost of the item.
10. A cultivated crop, not yet harvested, should be carefully noted on a listing agreement because
a.
appurtenances will not pass with the land.
b.
the right to harvest belongs to the owner of the land.
c.
emblements belong to the person who plants and cultivates them.
d.
growing things are affixed to the soil.
11. A farm, consisting of 160 acres of cultivated land, is sold. Which of the following requires an
expressed agreement, in addition to the deed, in order to transfer ownership?
a.
Cultivated crops
b.
Subsurface rights
c.
Farm house
d.
Detached garage
12. Easements, rights of way, and condominium parking stalls are examples of
a.
emblements.
b.
trade fixtures.
c.
riparian rights.
d.
appurtenances.
13. When there are two valid property descriptions of a piece of real property,
a.
metes and bounds descriptions take precedence.
b.
government survey descriptions take precedence.
c.
older descriptions take precedence over subsequent descriptions.
d.
any description that adequately describes and distinguishes the property will apply.
14. The most accurate way to uniquely locate and bound a parcel of real property is to use
a.
an aerial photograph.
b.
a topographical map.
c.
a full legal description.
d.
latitude and longitude.
15. All of the following are acceptable means of describing real property EXCEPT
a.
metes and bounds.
b.
lot and block.
c.
allodial method.
d.
rectangular survey method.
16. When would a metes and bounds survey be preferred?
a.
To describe irregularly shaped parcels
b.
For mail delivery
c.
To describe property in a subdivision
d.
When a brief description is needed
17. A metes and bounds survey begins at the point of beginning and ends at the
a.
last benchmark.
b.
point of beginning.
c.
first monument used.
d.
datum.
18. The primary purpose of benchmarks is to indicate
a.
points of beginning.
b.
corners.
c.
altitude and elevation.
d.
end points.
19. Correction lines, which occur at intervals in the rectangular survey system, are necessary
a.
to correct the mistakes made by surveyors.
b.
to allow for magnetic fields which interfere with compasses.
c.
because of the curvature of the earth.
d.
because of the gravitational pull of the moon.
20. Six hundred and forty acres is usually the size of a
a.
township.
b.
check.
c.
range.
d.
section.
21. Within any given township, section 18 can be found
a.
east of section 13.
b.
west of section 17.
c.
north of section 3.
d.
south of section 27.
22. Of the following described properties, which contains the smallest amount of land?
a.
1/2 of a section
b.
One mile by one mile
c.
1/4 of 1/4 of a section
d.
320 acres
23. A parcel of land contains 1,020 square yards. The front foot measurement is 80’. How deep is the
parcel.
a.
114.75’
b.
38.25’
c.
127.5’
d.
816’
24. Which of the following contains more than one acre of land?
a.
208’ 208’
b.
303’ 144’
c.
207’ 209’
d.
435’ 100’
25. A parcel of land measuring 1,320’ 660’ would contain how much land?
a.
10 acres
b.
20 acres
c.
30 acres
d.
40 acres
26. If Mr. Howard paid $2,500 per acre for the W 1/2 of the SE 1/4 of the NW 1/4 of section 10, how
much did he pay?
a.
$50,000
b.
$100,000
c.
$200,000
d.
$680,000
27. How many acres does a parcel of land 660’ by 660’ contain?
a.
One-eighth acre
b.
One acre
c.
Ten acres
d.
One hundred acres
28. The number of feet of wire required to enclose 1/4 of 1/4 of a section of land with two strands of wire
is
a.
5,280 feet.
b.
10,560 feet.
c.
21,120 feet.
d.
34,848 feet.
29. Which of the following will always involve a plat?
a.
Lot and Block system
b.
U.S. Geodetic survey system
c.
U.S. rectangular survey
d.
Tax assessor’s parcel numbers
30. Most subdivision plats make use of which type of land description?
a.
U.S. government survey
b.
Rectangular survey
c.
Assessor’s parcel number
d.
Lot and block
TRUE/FALSE
1. Any thing affixed to land with the intent of being permanent is considered real property.
2. Air rights may be included in the definition of real property.
3. Air rights are defined as rights of the property owner extending form the center of the earth to a
reasonable height above the land.
4. Examples of improvements that have become part of the real property would include fences, roads,
and pipelines.
5. Land ownership includes improvements, air rights and subsurface rights but not personal property.
6. Mineral rights are considered personal property.
7. A TV antenna attached to the chimney would be considered the property of the sellers and could be
removed by them.
8. Prior to offering his property for sale, Sal was within his rights in removing the sink from the master
bath.
9. A lessee of a book store may legally remove his bookshelves at any time before the lease expires.
10. A farmer owns a 60 acre farm planted in potatoes. The potatoes are always personal property.
11. An easement for the adjacent property owner is appurtenant to real estate.
12. The right to use water from a stream that is on or adjacent to your land is referred to as accretion.
13. The littoral system is a valid way of describing real estate.
14. “That land bounded by Elk Lake and the western boundary of Ware County running from the lake to
the southern boundary of said county” might be considered too vague, imprecise and subject to change
to be a valid legal description.
15. A point of beginning must be included in a metes and bounds land description.
16. In the term “metes and bounds”, metes can best be described as an indication of meters.
17. Monuments and points of beginning are used with the metes and bounds type of land description.
18. In the rectangular survey system of land description, principal meridians run in a north-south direction.
19. Comparing sections and townships, a township is 6 square miles.
20. One acre contains most nearly 42,000 square feet.
COMPLETION
1. Buildings or other improvements do not need to be mentioned in the deed because they are considered
to be part of the ____________________.
2. Mineral rights can be conveyed separately but riparian rights cannot be conveyed
____________________.
3. Timber on land becomes ____________________ property.
4. If a listing agreement mentions a refrigerator as part of real estate offering it should still be mentioned
in the ____________________.
5. A fixture may be removed by a ____________________ with the landlord’s permission.
6. A residential tenant wants to build a bookcase next to the fireplace in his leased townhouse. The book
case can be removed with prior permission of the ____________________.
7. Any damage caused by the removal of the fixtures is the responsibility of the ____________________.
8. A condominium parking stall would be considered to “run with the land” and would be considered to
be an ____________________.
9. One uniform policy across the United States stipulates that water beneath the land surface is called
____________________.
10. A proper legal description of land must uniquely ____________________ and bound the parcel.
MATCHING
Choose the one most appropriate answer for each.
a.
acre
k.
informal references
b.
adaptation
l.
nonhomogenity
c.
agreement
m.
personal property
d.
appurtenance
n.
quadrangle
e.
base line
o.
real estate
f.
bench marks
p.
recorded plat
g.
datum
q.
scarcity
h.
fixity
r.
situs
i.
government survey
s.
vertical land descriptions
j.
improvements
t.
water table
1. any form of land development, such as buildings, roads, fences, and pipelines
2. fixed mark of known location and elevation
3. type of measurement necessary when air rights need to be described
4. a subdivision map filed in the county recorder’s office
5. the shortage of land in an area where there is a great demand for land
6. a point, line, or surface from which a vertical height or depth is measured
7. manner in which a specific item is custom made to adapt to a certain piece of real estate
8. a right or interest in things of a temporary or movable nature
9. a parcel of land containing 43,560 square feet
10. upper limit of percolating water below the earth’s surface
11. the fact that no two parcels of land are exactly alike
12. location preference
13. the fact that land and buildings require long periods of time to pay for themselves
14. land and improvements in a physical sense as well as the rights to own and use them
15. right or privilege or improvement that belongs to and passes with the land
16. easily understood but not precise method of land description
17. possibly the most significant test of the existence of a fixture
18. latitude line that intercepts a principal meridian
19. also known as rectangular survey or U.S. public land survey
20. 24-by-24 mile area created by the guide meridians and correction lines
