Real Property Quiz

Real Property Quiz

Professional Development

100 Qs

quiz-placeholder

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Real Property Quiz

Real Property Quiz

Assessment

Quiz

Other

Professional Development

Practice Problem

Hard

Created by

Hannah Riggs

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100 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is included in real property (realty) as opposed to personal property?

Land, improvements, attached things, ownership benefits

Unattached, movable items, intangible assets

Stocks and mortgages

Only mineral rights

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a characteristic of personal property?

Immobility

Permanence

Uniqueness

Movable items

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are trade fixtures?

Tenant's removable property used for business

Permanent additions to the land

Rights running with the land

Crops owned by tenants

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an easement by prescription?

Easements without dominant tenement

Adverse use leading to protected easement

Overlapping property use

Rights attached to the land

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an economic characteristic of land?

Immobility

Permanence of investment

Uniqueness

Indestructibility

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a characteristic of the Metes and Bounds property description method?

Uses a grid system based on axes

Describes property with distances and landmarks

Divides land into six-mile squares

Uses air rights for surveys

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of survey uses a grid system based on axes?

Metes and Bounds

Vertical Land Descriptions

Lot and Block

Township and Sections

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