APPRAISAL CHP2 Flashcards
Which would most likely be considered personal property
a. barbecue grill
b. deck at the back of a house
c. patio
d. porch
a. barbecue grill
Which would most likely be considered real property
a. lawn furniture
b. roll away bed
c. sleeper sofa
d. window seat
d. window seat
Which question is NOT considered by the court when deciding if something is real property or personal property
a. is the item securely attached to the property
b. what was the intention of the annexer
c. what was the purpose of the annexation
d. what was the cost of the annexed property
d. what was the cost of the annexed property
Which is NOT considered part of the bundle of rights that are transferred with real property ownership
a. right of disposal
b. right of enjoyment
c. right of use
d. right of litigation
d. right of litigation
Assuming that they are not limited by past transactions all are legal appurtenances that go along with the transfer of real estate except unlimited __ rights
a. air
b. mineral
c. subsurface
d. surface
a. air
Which gov’t restriction/police power could have the most direct impact on the value of property
a. deed restrictions
b. eminent domain
c. restrictive covenants
d. zoning
d. zoning
Which would more likely be considered a fixture than an improvement
a. stand alone garage
b. septic system in place
c. buried utility line
d. above ground pool
d. above ground pool