
Real Estate ch 1 and 2
Professional Development
Professional Development
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26 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A property owner has decided to do some landscaping work on his yard. He has planted a tree surrounded by some flowering shrubs, The tree and the shrub are an ex. of what?
Encroachments
improvements
surface rights
emblements
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A property owner has a waterfront lot on a stream, what is this right called?
Riparian
littoral
appropriative
appropriation
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A commercial tenant is aware that his lease will expire at the end of the month, he has begun to disassemble his display and cabinets and shelves. Which of the following statements about this is true,
he cannot take them without first obtaining written permissions from the landlord
if the landlord wants them, he can pay the tenant and the tenant must leave them
the tenant can take these as they are trade fixtures
he must disclose to the landlord that he plans to take them
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A seller is attending the closing on his property. The title company has discovered an unsatisfied M&M lien on the property, Which of the following was the most likely reason?
a worksmen on the property left tools behind
unpaid property taxes
PLUMBING WORK THAT WAS COMPLETED BUT NEVER PAID FOR
a judgement
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A listing agent went to inspect a seller's property hoping to list it for sale.the seller told the listing agent that his neighbor's satellite dish trespasses on his property. this is an example of:
annexation
encroachment- has to be disclosed
appurtenance
license
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A father gives his son a life estate on a property, the son leases the property. The tenant dies, What happens to the property?
it reverts to the father
it goes to the remainderman
It goes back to the son until he dies
it goes to the son's heirs
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A man leaves his wife a life estate in their home after which the property goes to his children from the first marriage. The Children:
are remaindersmen
have fee simple determinable
have a life estate
have a dominant interest in the property
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