PRINCIPLES AND PRACTICES CHP2 Flashcards
Which is NOT an example of an attachment?
A. a basketball hoop that is wheeled into the garage in the winter
B. a greenhouse that is built off the garage
C. a lily pond in a backyard Japanese garden
D. uncut roses on a rose bush planted by the back door
A. a basketball hoop that is wheeled into the garage in the winter
What term describes a right that transfers with ownership of real property?
A. appurtenance
B. encroachment
C. emblement
D. fixture
A. appurtenance
Which of the following is MOST LIKELY to be considered a fixture?
A. draperies
B. lamp
C. plumbing
D. washing machine
C. plumbing
A landowner needs water, but their land contains no available water source. The government grants the owner the right to run a pipeline from a river to their property, crossing over the next-door neighbor’s property. What right grants this permission?
A. appropriative
B. littoral
C. riparian
D. subjacent
A. appropriative
The rights of a landowner whose property borders a river are known as
A. littoral rights.
B. riparian rights.
C. subjacent rights.
D. supporting rights.
B. riparian rights.
When purchasing a house, the buyer assumed that the curtains would be included in the price, even though the purchase agreement did not list them. If this dispute went to court, what is the best argument the buyer could make to persuade a judge?
A. “My agent assured me they were included.”
B. “The curtains were custom-made for the odd- shaped window.”
C. “The curtains were in the ad that appeared in the paper.”
D. “The seller mentioned that they went with the house.”
B. “The curtains were custom-made for the odd- shaped window.”
A bench and table are bolted to the floor in the breakfast nook of a rented single-family home as a leasehold improvement. They must have been installed by the ___ and would most likely be ____property
A. landlord/personal
B. landlord/real
C. tenant/personal
D. tenant/real
B. landlord/real
A buyer purchases a house that is fully furnished. What would MOST LIKELY be used at settlement to transfer ownership of the furniture?
A. bill of sale
B. deed
C. purchase agreement
D. sales contract
A. bill of sale
The process of turning personal property into real property is known as
A. affixture.
B. annexation.
C. appropriation.
D. assumption.
B. annexation.
Which item is LEAST LIKELY to be a fixture?
A. the birdbath in the garden that is set in concrete
B. the curio cabinet in the living room that matches the room’s decor
C. the keys to the house
D. the white picket fence around the house
B. the curio cabinet in the living room that matches the room’s decor
Which of these options is NOT considered when determining whether an item is a fixture or personal property?
A. intention of the annexer
B. manner of annexation
C. value of the annexed item
D. relationship of the parties
C. value of the annexed item
The owner of a small commercial building rents it to Lisa, who opens a ceramics shop and installs a kiln. Four years later, the owner sells the property to Alan, who wants to start his own pottery business. When Lisa’s lease is up, who owns the kiln?
A. former tenant Lisa
B. new tenant Alan
C. the property owner
D. It’s impossible to tell without more information
A. former tenant Lisa
Which is NOT an example of an improvement?
A. the barn on the back of the property
B. the fence running along the edge of the property
C. the line of pine trees planted along the edge of the property
D. the sewer line running along the front of the property
C. the line of pine trees planted along the edge of the property
A homeowner is preparing to build an in-ground pool and deck in the backyard. The contractor just delivered a load of lumber and concrete to the house for construction beginning next week. The lumber and concrete are considered
A. improvements.
B. personal property.
C. real property.
D. trade fixtures.
B. personal property.
When a house is sold, the seller turns over the housekeys as part of the transaction. The keys become real property through the process of
A. actual annexation.
B. adoption.
C. agreement.
D. constructive annexation.
D. constructive annexation.