Excess Land Flashcards
1) It is the responsibility of the __________ to establish an Excess Land Section, which can effectively accomplish the expeditious disposal of surplus property.
a) HQ Right of Way
b) District/Region Division Chief, R/W
c) District/Region Director
d) Legal Service Center
b) District/Region Division Chief, R/W
Answer: 16.01.04.00
2) What are the three disposal methods for improvements and personal property?
a) Public Sale, Private Sale & Yard Sale
b) For Sale, Clearance Sale & Removal
c) Demolition, Removal & Public Sale
d) Demolition, Removal & Spring Sale
c) Demolition, Removal & Public Sale
Answer: 16.05.02.00
3) What are some factors that would trigger early demolition of property before the normal schedule?
a) Structure poses health & safety hazard
b) Improvements have been vandalized so that it’s no longer economically feasible.
c) Local government agency has condemned improvements.
d) All of the above
d) All of the above
a) Structure poses health & safety hazard
b) Improvements have been vandalized so that it’s no longer economically feasible.
c) Local government agency has condemned improvements.
Answer: 12.01.09.00
4) Airspace sites may be found in the following areas:
a) Surface rights under a viaduct structure
b) Areas with cut or fill slopes
c) Space within a loop or interchange
d) All of the above
d) All of the above
a) Surface rights under a viaduct structure
b) Areas with cut or fill slopes
c) Space within a loop or interchange
Answer: 15.01.01.01
5) Periodic adjustments may be adjusted for all leases over two years. At a minimum the rate will equal to the _______________.
a) Consumer Periodic Index
b) Capitol Price Index
c) Consumer Price Index
d) Consumer Protection Index
c) Consumer Price Index
Answer: 15.05.05.03
6) Excess lands are real property rights, title to which is vested in the State of California, Dept. of Transportation, and which are determined to be not required for rights of way or other operational purposes by the Department.
a) True
b) False
a) True
Answer: 16.01.03.01
7) The value at the time of acquisition (VTA) is the fair market value of the excess at the time of acquisition as a separate parcel.
a) True
b) False
a) True
Answer: 16.01.03.06
8) Which of the following are goals of Excess Land?
a) Minimize the number of parcels on the Excess Land Inventory.
b) Maximize the return from the sale of the land or interest conveyed.
c) Minimize the holding period from date of acquisition to date of disposal.
d) All of the above
d) All of the above
a) Minimize the number of parcels on the Excess Land Inventory.
b) Maximize the return from the sale of the land or interest conveyed.
c) Minimize the holding period from date of acquisition to date of disposal.
Answer: 16.01.04.00
9) Give examples of how excess land may be created.
a) Acquisition of uneconomic remnants
b) Design Change (Project Development)
c) Decertification (Project Development)
d) Route Rescission (CTC)
e) Facilities declared surplus (other programs)
f) All of the above
f) All of the above
10) Fair market value appraisals are required for all direct sales.
a) True
b) False
a) True
Answer: 16.04.03.00
11) Properties valued by a public sale estimate may be sold either by public sale or direct sale.
a) True
b) False
b) False
16.04.02.00 Public Sale Estimates (PSE)
Either a market value appraisal or a public sale estimate, as defined in the Appraisal Chapter, is sufficient for determining minimum bids when excess land is offered at public sale. Generally, the least intensive report shall be prepared where the proposed sale method is by public sale.
16.04.03.00 Market Value Appraisals
A market value appraisal is required for all direct sales of excess land. This includes the valuation of leases, easements, and fee parcels to be conveyed to local agencies as outlined in Section 16.03.05.00. Fair market value appraisals cannot be prepared by any member of the Excess Land staff, except for “nominal” value appraisals.
12) Properties valued by a fair market value appraisal may be sold either by public sale or direct sale.
a) True
b) False
a) True
13) Surplus property may be exchanged to grantors from whom the State is acquiring right of way for a transportation project as part of the total consideration.
a) True
b) False
a) True
14) Which of the following statements best represents a statutory requirement of Streets & Highway Code SS118.6?
a) Surplus property must be sold within 12 months of being determined to be surplus.
b) Surplus property must be offered for sale within 12 months of being determined to be surplus.
c) Surplus property may be held for a maximum of 18 months in the department’s inventory.
d) Surplus property that cannot be sold must be reincorporated into the right of way.
b) Surplus property must be offered for sale within 12 months of being determined to be surplus.
Answer: 16.02.03.00
Parcels in Category 1A should be disposed of as soon as possible. In accordance with Streets & Highways Code Section 118.6, property must be offered for sale within 12 months from the time it is determined to be surplus.
15) The Excess Land Management System (ELMS) maintains records of all parcels defined as “excess land,” inventory and noninventory.
a) True
b) False
a) True
Answer: 16.02.01.00
