Property Law Quiz

If an installment is intended to be temporary, it should not be attached in a way that appears to be permanent.

• True

• False

The agreement of the parties determines whether an item is personal property or real property.

• True

• False

What is the MARIA method used for?

• Determining the value of a property

• Determining whether an item is a fixture or personal property

• Calculating property taxes

• Estimating the cost of repairs

The lumbar is considered (a)   property because it has not yet been installed.

Trade fixtures are usually owned and installed by the tenant for the tenant's _______.

• personal use

• business use

• landlord's use

• family use

Fixtures are considered a permanent part of a building, but trade fixtures are removable.

• True

• False

What are surface rights?

• Ownership rights to the natural resources below the earth's surface

• Ownership rights in a parcel of real estate limited to the surface of the earth

• Rights to air travel

• Rights to water bodies

What do subsurface rights include?

• Rights to air travel

• Rights to water bodies

• Rights to natural resources below the earth's surface

• Rights to the surface of the earth

Which of the following is NOT a type of water right?

• Riparian Rights

• Littoral Rights

• Air Rights

• Doctrine of prior appropriation

In states where water is scarce, ownership and use is often determined by which doctrine?

• Doctrine of prior appropriation

• Doctrine of surface rights

• Doctrine of subsurface rights

• Doctrine of air rights