Chapter 2 Real And Personal Property Flashcards
What are emblements?
Annual crops produce with labor
What is personal property?
Items of a temporary or movable nature
What are examples of fixtures?
Ceiling fans window coverings, wall-to-wall carpet
Physical real estate plus the rights an individual has in the land is considered…
Real property
Real estate is
Everything that is in compass with land, including man-made additions
What is defined as the surface of the Earth, extending downward, toward the center of the Earth and upward above the surface to infinity?
Land
True or false natural trees, crop and water are considered land
True
What are bundle of rights?
Rights that a person has in the land
It is common for different individuals your own different rice associated with the same piece of land. What is this?
Severable
The owner of surface rights can
Improve the surface and use the resources extracted from or near the surface, including stone, gravel water and limestone
What does subsurface rights include?
The rights to oil, gas, and other minerals
What is the dominant in Estate in Texas?
Subsurface
What right extends above the surface without limitation?
Air rights
Under what law does the ground water belong to the owner?
Texas water law
True or false surface water belongs to the state of Texas
True
Any permanent man-made addition to the land is considered to become part of the land is known as an…
Improvement
If personal property is to transfer with real property _________ accomplishes the transfer, and would be accompanied with the deed.
Bill of sale
The process of attaching personal property, so that it becomes real property is called
Annexation
Removing fixtures either by detaching them for real property or uninstalling them to create personal property is called
Severance
What three test will courts apply to determine if something is a fixture or personal property?
The intention of parties, the method of attachment, and adaptation to the property
What are trade fixtures?
Items necessary for individual to carry out his or her trade or profession
True or false the seller has one time to pick up emblements after the official sale of their property
True
Homes built in a factory, according to a federal building code administered by the HUD is considered
A manufactured home 
In what year did the US Department of housing and urban development building codes go into affect?
1976
Homes that are generally constructed in two or more units and shit to the site on a flatbed trailer for assembly are called
Modular homes
Surface subsurface, an air rights are said to be
Severable
Air rights are commonly leased or conveyed in
Cell tower leases, condominiums and outdoor advertising
