ASREB Unit 1 Terms

ASREB Unit 1 Terms

University - Professional Development

35 Qs

quiz-placeholder

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ASREB Unit 1 Terms

ASREB Unit 1 Terms

Assessment

Quiz

Life Skills, Business, Professional Development

University - Professional Development

Hard

Created by

Victoria N

Used 9+ times

FREE Resource

35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is NOT considered an emblement?

Right of a tenant farmer to harvest crops after lease has expired

Fructus Industriales

Fruits of industry that are also personal property

Right to claim minerals found within leased property ground as personal property

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Which one is a trade fixture?

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3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

The name of the document used to transfer real property is

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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Grantor ____ a deed and the grantee ____ a deed

writes

Gives

receives

Acknowledges

Gives

Receives

Records

Receives

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

What is accretion

Decrease of land due to natural causes

Increase of land due to natural causes

When land is originally leased but then bought

When rights are transferred from one person to another

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does NOT apply to appurtenances?

Rights and improvements that are attached to the land and are transferred with the land

May be intangible or tangible

can make the land productive without interference

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Improvements such as buildings, fences, trees, sidewalks and perennial plants

Tangible

Intangible

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