Chapter 5: What is Real Estate?

Question 1

the increase or addition of land by the deposit of sand or soil washed up naturally from a river, lake or sea

Answer 1

accretion

Question 2

the right to use the open space above a property, generally allowing the surface to be used for another purpose

Answer 2

air rights

Question 3

solid material deposited by a body of water

Answer 3

alluvion

Question 4

the sudden changing of course of a stream

Answer 4

avulsion

Question 5

a written instrument given to transfer title of personal property

Answer 5

bill of sale

Question 6

possession, control, enjoyment, and so on…

Answer 6

bundle of rights

Question 7

moveable personal property

Answer 7

chattels

Question 8

tangible

Answer 8

corporeal

Question 9

a written instrument that, when executed and delivered, conveys title to or an interest in real estate

Answer 9

deed

Question 10

a gift of real property by will; the act of leaving real property by will

Answer 10

devise

Question 11

growing crops, such as wheat and corn, that are produced annually through labor and industry; also called fructus industriales. They are considered to be the personal property of a tenant

Answer 11

emblements

Question 12

the gradual wearing away of land by water, wind and general weather conditions; the diminishing of property caused by the elements

Answer 12

erosion

Question 13

an item of personal property that has been converted to real property

Answer 13

fixture

Question 14

a standard measurement, one foot wide, of the width of land, applied at the frontage on its street line. Each front foot extends the depth of the lot

Answer 14

front foot

Question 15

anything that can be inherited

Answer 15

hereditament

Question 16

any structure erected on a site to enhance the value of the property - building, fences, driveways, curbs, sidewalks, or sewers

Answer 16

improvement

Question 17

intangible

Answer 17

incorporeal

Question 18

the earth’s surface, extending downward to the center of the earth and upward infinitely into space

Answer 18

land

Question 19

1. a landowner’s claim to use water in large navigable lakes and oceans adjacent to his or her property. 2. the ownership rights to land bordering these bodies of water up to the mean high-water mark

Answer 19

littoral rights

Question 20

subsurface rights, which can be sold or retained separately

Answer 20

mineral rights

Question 21

a specific piece of real estate

Answer 21

parcel

Question 22

all property that is not real property

Answer 22

personal property (personalty)

Question 23

a portion of the earth’s surface extending downward into he center of the earth and upward infinitely into space including all things permanently attached thereto, whether by nature or by a person

Answer 23

real estate

Question 24

real estate plus all the interests, benefits and rights inherent in ownership. often referred to as real estate

Answer 24

real property (realty)

Question 25

creation of dry land by the gradual withdrawal of water

Answer 25

reliction

Question 26

on owners rights in land that borders on or includes a stream, river, or in NJ, any tidal waters. These rights include acess to and use of water

Answer 26

riparian rights

Question 27

ownership rights in a parcel of real estate of any water, minerals, gas, oil and so forth that lies beneath the surface of the property

Answer 27

subsurface rights

Question 28

articles installed by a tenant under the terms of a lease and removable by the tenant before the lease expires

Answer 28

trade fixtures