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Property/Gov't Rights > Real Property & Gov't Rights > Flashcards

Real Property & Gov't Rights Flashcards

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1
Q

All of the following items would have bearing on whether an item is considered personal property except:

a. damage from removing the item from the property

b. the manner of attachment

c. any agreement between buy and seller concerning the item

d. the cost of the item

A

D

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2
Q

In the sale of commercial property , which documents would be used to transfer shelves, counters, and other personal property

a. chattel real

b. bill of sale

c. security agreement

d. mortgage

A

B.

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3
Q

The right to light and air accompanied by the transfer of title ownership to the land is called a :

a. fixture

b. restriction

c. appurtenance

d. easement

A

C.

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4
Q

The right of a tenant farmer to harvest crops after the lease has expired is known as

a. emblements

b. appurtenances

c. easements

d. fructus naturalas

A

A.

THE RIGHT TO HARVEST

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5
Q

The process of acquiring land for public use from an unwilling owner with compensation paid is called

a. eminent domain

b. condemnation

c. consfiscation

d. eminent domain

A

B.

the action/process of

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6
Q

an ordinance requires sufficient parking spaces in shipping centers. The city has the right to enforce the ordinance through

a. escheat

b. police power

c. eminent domain

d. deed restriction

A

B. police power

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7
Q

REMEMBER:

THE RIGHT TO = POLICE POWER

THE POWER TO = EMINENT DOMAIN

THE PROCESS OR ACTION OF = CONDEMNATION

A
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8
Q

M passes away without leaving a will. If after a lengthy search no heirs are found, the:

a. estate would be given to charity

b. administrator would inherit the estate

c. estate would escheat to the state

d. executor would inherit the estate

A

C.

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9
Q

Authorization for zoning comes from the

a. US Constitution
b. police power
c. statute of frauds
d. RE Commission

A

B.

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10
Q

If the city or state wishes to take property with just compensation, it may acquire title by action based on

a. attachment proceedings

b. right of eminent domain

c. adverse possession

d. police power

A

B.

KEY WORD: THE RIGHT

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11
Q

Which of the following does not fall under police power

a. health dept and fir dept regs

b. licensing of re agents

c. zoning ordinances

d. taking land for schools

A

D.

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12
Q

Which is not included in the concept of the power of eminent domain

a. right of gov’t to take property from the owner for the public good

b. an exercise of police power

c. just compensation at fair market value

d. condemnation proceedings

A

B.

NOT POWER OF

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13
Q

In AZ, once an affidavit of affixture has been recorded, the mobile home is taxed as

a. income property

b. personal property

c. real property

d. vacant land

A

C.

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14
Q

A notice pending condemnation delivered to a property owner at least 20 days prior to the condemnation action must include all of the following except

a. written offer to purchase the property

b. amount of just compensation offered

c. appraisal showing reasonable comparable properties

d. escrow closing statements

A

D.

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15
Q

MATCH TERMS:

  1. DEED
  2. BILL OF SALE

REAL PROPERTY IS TRANSFERRED BY

PERSONAL PROPERTY IS TRANSERRED BY

A
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16
Q

What is required at the time an affidavit of affixture is recorded

a. mobile home must have skirts installed

b. the title to the mobile hom must be surrendered

c. coumty assessor myst inspect the property

d. mobile home must be owner-occupied

A

B

17
Q

RE licensees may perform all of the following except

a. respresent manufactured home dealers

b. represent private parties in the sale of mobile home on a rented space

c. list/sell new or used mobile homes

d. represent lenders placing loans on manufactured homes

A

D

18
Q

A buyer’s agent is showing a property. During begotiations, the seller agrees to include two cords of wood in the purchase price. The agent should

a. not include it in the agreement bc it was verbal agreement between buy and seller

b. specify it in the contract because it is personal property

c. “ ” “ real property

d. include it in the contract bc it is a fixture

A

B.

19
Q

How long after the sale of an escheated property does a person who appears as an heir have to claim the proceeds from the sale

a. 1 yr

b. 3 yrs

c. 5 yrs

d. 7 yrs

A

D

20
Q

Which of the following would be considered personal property

a. tree

b. bathtub

c. window blinds

d. harvested crops

A

D.

21
Q

Which of the following is personal property

a. appurtenances
b. fixtures
c. trade fixtures
d. shrubbery

A

C.

22
Q

Patents, trademarks, copyrights and royalties are an example of

a. corporeal realty
b. tangible realty
c. incorporeal realty
d. intangible realty

A

D.

23
Q

Which of the following is not properly included in the concept of the power of eminent domain

a. the right of gov’t to confiscate personal prop from the owner
b. an inherent power of gov’t

c just compensation at fair market value

d. taking property through legal procedure

A

A.

24
Q

Which is not an appurtenance, therefore doesn’t transfer to the new owner w/ a standard warranty deed

a. trade fixtures
b. trees
c. shrubs
d. custom window blinds

A

A.

25
Q

Which of the following would least likely be a lawful use for taking homes through the power of eminent domain

a. light rail train in tempe
b. public k-12 school
c. shopping center
d. future freeway overpass

A

C.

26
Q

THIS Q&A IS NOW ACCURATE AS OF 7/22 TEXT AND EXAM HAVE BEEN EDITED

A hot tub installed on a residential property is considered to be:

a. appurtenance
b. personal property
c. fixture
d. emblement

A

A. APPURTENANCE

ANSWER IS CURRENT/CORRECT

TEXTBOOK AND EXAM NOW UPDATED WITH CORRECT ANSWER

27
Q

The right of the government to take private property for public good is ?

A

eminent domain
key: THE RIGHT

28
Q

The process by which property is taken for public good

A

condemnation
key: THE PROCESS

29
Q

The government receives ownership of real property from a private entity through:

A

dedication

30
Q

In Arizona, a court action to take property under eminent domain must be preceded by ? , which must include an ? and at least one ?

A

preceded by 20 DAY PRIOR NOTICE, must include an OFFER TO PURCHASE and at least one APPRAISAL

31
Q

Vocab:
TAXATION: Real property taxes are charged against the property to bear the cost of municipal functions such as schools, police and fire depts, libraries, etc

A
32
Q

A mobile home that is sited on a rented space in a mobile home park:
a. may not be listed by a real estate licensee
b. may not be larger than a double wide
c. may be listed but not sold by a real estate licensee
d. may be listed and sold by a real estate licensee

A

D.

33
Q

What are the Bundle of Rights?

A

DEEPC
Disposition
Exclusion
Enjoyment
Possession
Control

34
Q

Appurtenances are the ? and ? that are attached to the land and transferred with the land unless reserved or excepted. Appurtenances can be tangible or intangible…

Tangible or intangible: Air Rights
Tangible or intangible: fructus naturales
Tangible or intangible: Easements
“ or “: Improvements such as buildings, fences, trees, sidewalks, and perennial plants

Riparian rights ( water rights next to a river or stream): Tangible or Intangible

A

Air rights: Intangible
fructus naturales: tangible
easements: intangible
Riparian rights; Intangible

Property/Gov't Rights (2 decks)

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