chapter 2

Question 1

land

Answer 1

surface of the earth

Question 2

real estate

Answer 2

all that land encompasses

-all man-made additions to the land improvements

Question 3

real property

Answer 3

rights that a person has in the land

-bundle of rights

Question 4

severable

Answer 4

different individuals to own different rights of the same piece of land

Question 5

surface rights

Answer 5

develop improve the surface and use the resources extracted from or near the surface, including stone, gravel, water, limestone

Question 6

subsurface rights

Answer 6

include rights to oil, gas, and other minerals

-dominant estate in Texas

Question 7

air rights

Answer 7

above the surface without limitations

Question 8

wind rights

Answer 8

lease their land to wind developers who build turbines on the property in order to convert the wind into energy

Question 9

improvement

Answer 9

permanent man-made addition to the land is considered to become part of the land

Question 10

personal property

Answer 10

temporary or moveable nature not part of real property

• personal property is being transferred along with real property
• bill of sale is used to accomplish the transfer

Question 11

fixture

Answer 11

personal property that has become attached to the land in such a way as to become real property

Question 12

annexation

Answer 12

removing fixtures to create personal property is severance

Question 13

emblements

Answer 13

attached to the land, considered personal property and may be harvest by the owner of the crop.

Question 14

manufactured homes and modular homes

Answer 14

are built under controlled conditions in a factory

• a manufactured home is not a mobile home
• manufactured home is built to a nationwide HUD-administered building code established in 1976.
• modular home is built in a factory to local zoning codes and assembled on-site