1 Real Estate Flashcards

1
Q

📚Great MAHELE year?

A

1848

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

50th state

A

Hawaii

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Former kingdom?

A

True

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Accretion?

A

Additions to land by sand or soil by bordering waters

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Tenements?

A

All rights of land that pass conveyance of land

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Tangible?

A

Personal property: jewelry, machinery etc.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Intangible?

A

Cannot be seen or touched: contract, mineral rights, accounts receivable, leasehold

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Bundle of rights?

A

All rights to the real property

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Hereditament?

A

Any property that may be inherited

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

90% of gas, oil, minerals rights reserved by the

A

STATE

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Fixtures?

A

Personal property that become attached in such a manner as to become part of (appurtenant) “real property”

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Household furnishing is considered what type of property?

A

Personal property

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Bill of sale for

A

Written instrument given to pass title of Removable fixtures for sales contract for real property

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

The smallest of free hold estates is a

A

LIFE ESTATE

Freehold = Life estate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Fee simple subsequent + Fee simple determinable are both

A

FEE SIMPLE DEFEASIBLE

Both: DEFEASIBLE

  • Condition subsequent
  • Determinable
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Emblements?

A

A crop as long as it was owned before or was moving toward growing crops after expired lease. Annual crops generally personal property

17
Q

Emblements?

A

A crop as long as it was owned before or was moving toward growing crops after expired lease. Annual crops generally personal property