Chapter 1 Flashcards
real property can be most completely defined as
land, affixed to land, appurtenances, immovable by law
under the Treaty of Guadalupe Hidalgo in 1848, the United States acquired the territory of California from
Mexico
1 acre equals
43560 square feet
Property Owners whose land borders of river have rights to a reasonable use of water is known as
riparian rights
airspace directly above a parcel of land is considered to be
real property
how many sections are in a Township
36
A deeded easement of right-of-way over the land of another is considered to be
an appurtenance
an investor leases a building to a tenant who then opens a retail store. the tenant installs a cash register. the cash register is best described as
a trade fixture
an owner sells land, but reserves the mineral rights. Based on this which of the following is true
the mineral rights are the real property of the grantor
which of the following is considered to be personal property
stock in a mutual water company
a legal term referred to as real property includes all of the following except
and unlimited use of airspace above the property
which of these statements most nearly defines personal property
and unharvested Peach crop sold to a canning Factory
the rights of an owner are referred to as the bundle of rights. Which of these is not one of those rights
and unrestricted right to use of riparian waters
courts frequently have to make a decision as to whether some item does or does not go with the real property when it is sold. And making their decision they use the five tests of a fixture. Which of these following is not a test of a fixture
whether the property is being taxed
which of the following is false?
Landscaping is considered personal property
the rights to minerals that lie beneath the surface of the land unless otherwise specified
are automatically transferred with the sale of real property
in addition to the land and those things that are affixed to the land certain other things called a appurtenances are considered to be real property. Which of the following is not real property
trade fixtures
which of the following is considered to be real property
a grape crop sold under contract but not yet harvested
when anything is fastened or attached to real property in such a manner as to insured permanent it is considered to be
real property
which of these items is classified as personal property
seasonal crops
the United States government Survey System has to do with
sections and townships
permission to use underground Waters, known as percolating Waters, is owned by the
adjoining owners for their reasonable use
and the early history of California what group of explorers and colonizers were responsible for the development of presidio’s and pueblos
Spaniards
personal property differs from real property in many aspects and is legally known as
Freehold, chattels
a bill of sale transfers title to
personal property
the need to determine whether property is real or personal frequently arises which of the following would not be classified as real property
stock in a real estate Corporation
appurtenant means the ownership of the item
runs with the land
Eric chin bought a stack of lumber which he placed in his backyard later he used some of the lumber to build a room addition to his house. He only used a portion of the lumber. The remaining wood is considered
personal property
which of the following is considered personal property
silver removed from the ground and sent to the smelter
the right to possess, encumber, use, and enjoy a piece of property to the exclusion of all others, would be an accurate description of
property ownership
