Capitulo 4

Question 1

The process of adding to real property.

Answer 1

̑̑ Accession

Question 2

A socio-economic system that allows for private ownership of

real property.

Answer 2

̑̑ Allodial

Question 3

Attached to the land (such as a house) or the deed (such as a recorded easement).

Answer 3

̑̑ Appurtenant

Question 4

Evidence of transfer of ownership of personal property.

Answer 4

̑̑ Bill of Sale

Question 5

A synonym for personal property. It comes from the word “cattle.”

Answer 5

̑̑ Chattel

Question 6

Something that is physical or tangible, such as land or buildings.

Answer 6

̑̑ Corporeal

Question 7

The document that serves as evidence of ownership of real property, as well as the document of conveyance.

Answer 7

̑̑ Deed

Question 8

Crops nurtured in the year of the transfer or sale of the property. They are considered personal property.

Answer 8

̑̑ Emblements

Question 9

That which is attached without losing its identity. It is always
real property.

Answer 9

̑̑ Fixture

Question 10

A term that refers to any additions to the land made by man. It includes buildings, roads and utilities and landscaping.

Answer 10

̑̑ Improvements

Question 11

is the term for

intangible assets such as an easement or leasehold right.

Answer 11

̑̑ Incorporeal

Question 12

The duty to give support to a neighbor’s property, such as building a retaining wall.

Answer 12

̑̑ Lateral Support

Question 13

Subsurface rights of an owner of real property which extend downward to the center of the earth. These rights are real
property.

Answer 13

̑̑ Mineral Rights

Question 14

A term that means no two parcels of land are exactly alike.

Answer 14

̑̑ Non-homogeneous

Question 15

The opposite of real property, it is moveable and destructible. Synonyms are chattel and personalty.

Answer 15

̑̑ Personal Property

Question 16

A synonym for personal property. The opposite of “realty.”

Answer 16

̑̑ Personalty

Question 17

Land and appurtenances, air space to infinity, and the subsurface
to the center of the earth.

Answer 17

̑̑ Real Property

Question 18

A process by which real property becomes personal property.

Answer 18

̑̑ Severance

Question 19

Personal preference for one location over another which affects
the value of the property.

Answer 19

̑̑ Situs

Question 20

That which is considered legally attached to a business. It is always personal property.

Answer 20

̑̑ Trade Fixture

Question 21

1. Which of the following is NOT a test of a fixture?

Answer 21

B. The cost of the item

Question 22

15. When real property is detached from real property, it is a process called:

Answer 22

B. Severance

Question 23

14. A barber’s chair in a barber shop would be considered:

Answer 23

B. A trade fixture

Question 24

13. The process of nature adding to the real property is called:

Answer 24

B. Accession

Question 25

12. Which of the following is true?

Answer 25

C. A deed transfers ownership to real property only.

Question 26

11. “No two parcels of real property are exactly the same,” is the definition of:

Answer 26

D. Non-homogeneous

Question 27

10. Which of the following would be considered chattel?

Answer 27

C. Tractor

Question 28

9. Which of the following is a true statement about trade fixtures?

Answer 28

A. Attachment is not an issue one way or the other.

Question 29

8. Water or mineral rights would be considered:

Answer 29

B. Real property

Question 30

7. Crops which have been nurtured in the year of the transfer are considered:

Answer 30

D. Emblements

Question 31

6. “Attached to the land or the deed,” defines:

Answer 31

B. Appurtenant

Question 32

5. When building a retaining wall, which of the following is the owner of the land providing?

Answer 32

A. Lateral Support

Question 33

4. If an item has been severed from real property, it would NOT be considered which of the
   following?

Answer 33

C. Appurtenant

Question 34

3. A display cabinet in a retail store would be considered:

Answer 34

B. a trade fixture and personal property

Question 35

2. Situs refers to which of the following?

Answer 35

A. Location