Chapter 2 Real And Personal Property

Question 1

What are emblements?

Answer 1

Annual crops produce with labor

Question 2

What is personal property?

Answer 2

Items of a temporary or movable nature

Question 3

What are examples of fixtures?

Answer 3

Ceiling fans window coverings, wall-to-wall carpet

Question 4

Physical real estate plus the rights an individual has in the land is considered…

Answer 4

Real property

Question 5

Real estate is

Answer 5

Everything that is in compass with land, including man-made additions

Question 6

What is defined as the surface of the Earth, extending downward, toward the center of the Earth and upward above the surface to infinity?

Answer 6

Land

Question 7

True or false natural trees, crop and water are considered land

Answer 7

True

Question 8

What are bundle of rights?

Answer 8

Rights that a person has in the land

Question 9

It is common for different individuals your own different rice associated with the same piece of land. What is this?

Answer 9

Severable

Question 10

The owner of surface rights can

Answer 10

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

Question 11

What does subsurface rights include?

Answer 11

The rights to oil, gas, and other minerals

Question 12

What is the dominant in Estate in Texas?

Answer 12

Subsurface

Question 13

What right extends above the surface without limitation?

Answer 13

Air rights

Question 14

Under what law does the ground water belong to the owner?

Answer 14

Texas water law

Question 15

True or false surface water belongs to the state of Texas

Answer 15

True

Question 16

Any permanent man-made addition to the land is considered to become part of the land is known as an…

Answer 16

Improvement

Question 17

If personal property is to transfer with real property _________ accomplishes the transfer, and would be accompanied with the deed.

Answer 17

Bill of sale

Question 18

The process of attaching personal property, so that it becomes real property is called

Answer 18

Annexation

Question 19

Removing fixtures either by detaching them for real property or uninstalling them to create personal property is called

Answer 19

Severance

Question 20

What three test will courts apply to determine if something is a fixture or personal property?

Answer 20

The intention of parties, the method of attachment, and adaptation to the property

Question 21

What are trade fixtures?

Answer 21

Items necessary for individual to carry out his or her trade or profession

Question 22

True or false the seller has one time to pick up emblements after the official sale of their property

Answer 22

True

Question 23

Homes built in a factory, according to a federal building code administered by the HUD is considered

Answer 23

A manufactured home 

Question 24

In what year did the US Department of housing and urban development building codes go into affect?

Answer 24

1976

Question 25

Homes that are generally constructed in two or more units and shit to the site on a flatbed trailer for assembly are called

Answer 25

Modular homes

Question 26

Surface subsurface, an air rights are said to be

Answer 26

Severable

Question 27

Air rights are commonly leased or conveyed in

Answer 27

Cell tower leases, condominiums and outdoor advertising