BARNEY FLETCHER REAL ESTATE
LICENSING
◍ False. Answer: Surface rights consist of only the right to control,
occupy, and use the surface area of a parcel of real estate. T/F?
◍ D. Answer: Mineral rights are:
A. Always considered to be personal property
B. Always pass with the land
C. Cannot be sold separately from the land
D. Pass with the land, unless otherwise specified in the deed
◍ C. Answer: Which of the following is NOT an improvement of land?
A. Building
B. Sidewalk
C. Corn crop
D. Flower bed
◍ A. Answer: Six months after Brady bought his home, he installed
custom made storm windows and doors throughout the house. Later,
when he sells his property, will these storm windows and doors
automatically convey with the house?
A. Yes, unless in advance of the sale, Brady clearly specifies that they
will be removed.
,B. Yes, if he lived in the property at least a year before the sale.
C. No, because they were not part of the original structure
D. No, because they can be removed, if they are taken off carefully
◍ A. Answer: David owns property along the banks of the Little Big
Horn River. Scott owns property adjoining David's, and has access to the
highway, but not to the river. Scott and David grant each other
appurtenant easements to cross each others property to get to the road
and the river respectively. The riparian rights associated with property
ownership belong to:
A. David because his property borders the river
B. Scott, because he has an easement to cross David's land
C. Both David and Scott
D. Neither
◍ C. Answer: Which of the following is NOT a test of a fixture?
A. Manner of attachment
B. An agreement between the parties
C. Time of attachment
D. Manner of adaptation
◍ B. Answer: Which of the following best describes a parcel of land?
A. The surface of the earth including control of all minerals and
substances beneath
,B. The surface of the earth extending down to the center and upward to
the sky
C. The earth's surface closely marked by certain boundaries
D. The surface of the earth extending down a reasonable distance and up
into the air a reasonable distance
◍ False. Answer: Littoral rights is a term referring to all water rights
T/F?
◍ C. Answer: Each of the following is a test of whether or not
something is a fixture, EXCEPT:
A. Method of attachment
B. Adaptability
C. Cost
D. Relationship of the parties
◍ Ownership. Answer: The right of one party to possess and use real
property exclusive of others is:
◍ C. Answer: A prospective buyer noticed an ornate flag pole attached
to the front porch of the house she wants to purchase. She wants to make
certain that the flag pole is included in the sale. What should the agent
do?
A, Because the pole is attached and will automatically convey
B. call seller and advise them the buyer wants the pole
, C. include the flag pole in the offer to purchase
D. photograph the flag pole as evidence of its attachment
◍ B. Answer: A couple is interested in buying a house that has an odd
shaped living room. The current owners had a custom-made, free-
standing bookcase built to specifically fit into one part of the room. The
buyer believes this is a fixture because it is uniquely adapted to this
specific room. The seller believes this is not a fixture because it is free-
standing. To avoid any misunderstandings, what should the listing
licensee do?
A. Assure the seller there is nothing to worry about
B. Include a provision in the agreement of sale (and listing contract) that
states whether the bookcase is included with the sale or not.
C. Assure the buyer there is nothing to worry about
D. File an interpleader action in court
◍ B. Answer: Real property would include:
A. Fixtures
B. Each of these choices
C. Air space
D. Mineral rights
◍ a fixture. Answer: Personal property which is attached to a building
and which will convey with the land is known as?
LICENSING
◍ False. Answer: Surface rights consist of only the right to control,
occupy, and use the surface area of a parcel of real estate. T/F?
◍ D. Answer: Mineral rights are:
A. Always considered to be personal property
B. Always pass with the land
C. Cannot be sold separately from the land
D. Pass with the land, unless otherwise specified in the deed
◍ C. Answer: Which of the following is NOT an improvement of land?
A. Building
B. Sidewalk
C. Corn crop
D. Flower bed
◍ A. Answer: Six months after Brady bought his home, he installed
custom made storm windows and doors throughout the house. Later,
when he sells his property, will these storm windows and doors
automatically convey with the house?
A. Yes, unless in advance of the sale, Brady clearly specifies that they
will be removed.
,B. Yes, if he lived in the property at least a year before the sale.
C. No, because they were not part of the original structure
D. No, because they can be removed, if they are taken off carefully
◍ A. Answer: David owns property along the banks of the Little Big
Horn River. Scott owns property adjoining David's, and has access to the
highway, but not to the river. Scott and David grant each other
appurtenant easements to cross each others property to get to the road
and the river respectively. The riparian rights associated with property
ownership belong to:
A. David because his property borders the river
B. Scott, because he has an easement to cross David's land
C. Both David and Scott
D. Neither
◍ C. Answer: Which of the following is NOT a test of a fixture?
A. Manner of attachment
B. An agreement between the parties
C. Time of attachment
D. Manner of adaptation
◍ B. Answer: Which of the following best describes a parcel of land?
A. The surface of the earth including control of all minerals and
substances beneath
,B. The surface of the earth extending down to the center and upward to
the sky
C. The earth's surface closely marked by certain boundaries
D. The surface of the earth extending down a reasonable distance and up
into the air a reasonable distance
◍ False. Answer: Littoral rights is a term referring to all water rights
T/F?
◍ C. Answer: Each of the following is a test of whether or not
something is a fixture, EXCEPT:
A. Method of attachment
B. Adaptability
C. Cost
D. Relationship of the parties
◍ Ownership. Answer: The right of one party to possess and use real
property exclusive of others is:
◍ C. Answer: A prospective buyer noticed an ornate flag pole attached
to the front porch of the house she wants to purchase. She wants to make
certain that the flag pole is included in the sale. What should the agent
do?
A, Because the pole is attached and will automatically convey
B. call seller and advise them the buyer wants the pole
, C. include the flag pole in the offer to purchase
D. photograph the flag pole as evidence of its attachment
◍ B. Answer: A couple is interested in buying a house that has an odd
shaped living room. The current owners had a custom-made, free-
standing bookcase built to specifically fit into one part of the room. The
buyer believes this is a fixture because it is uniquely adapted to this
specific room. The seller believes this is not a fixture because it is free-
standing. To avoid any misunderstandings, what should the listing
licensee do?
A. Assure the seller there is nothing to worry about
B. Include a provision in the agreement of sale (and listing contract) that
states whether the bookcase is included with the sale or not.
C. Assure the buyer there is nothing to worry about
D. File an interpleader action in court
◍ B. Answer: Real property would include:
A. Fixtures
B. Each of these choices
C. Air space
D. Mineral rights
◍ a fixture. Answer: Personal property which is attached to a building
and which will convey with the land is known as?
