OKLAHOMA REAL ESTATE LATEST 2026 TEST PAPER
QUESTIONS AND SOLUTIONS SCORED A+
✔✔Right of Possession
Rights of Enjoyment
Rights of Disposition - ✔✔Which of the following are "Bundles of Rights"?
✔✔Non-Navigable rivers & streams - ✔✔Riparian rights relate to the use and ownership
of water in
✔✔Littoral Rights - ✔✔The right to the water and ownership of the land up to the tire
high-water mark of land abutting or bordering navigable bodies are
✔✔Mobility - ✔✔Personal property is most easily distinguished from real property by its
✔✔Personal property - ✔✔Owners are building a new enclosed front porch on a home.
The lumber dealer with whom they are contracting has just unloaded a truckload of
lumber in the front of their house that will be used to build the porch. At this point the
lumber is considered to be
✔✔Crops produced annually by labor and industry - ✔✔In discussing the terms of the
sale, a licensee makes reference to emblements. This has to do with
✔✔The adaptation of the the item to the premises.
An agreement between the parties involved.
The intention of the parties. - ✔✔Which of the following tests would be used to
determine if an item of personal property has become a fixture and, thus real property?
✔✔Heterogeneity - ✔✔The fact that no two parcels of land can occupy the same
location gives land the characteristic of
✔✔Is considered permanent, fixed, and immovable. - ✔✔As distinguished from
personal property, real property
✔✔Improvements - ✔✔Man-made permanent additions to land are called
✔✔Capital & Labor - ✔✔When improving land, which of the following expenditures
represents a fixed investment
✔✔Air space located over a city airport.
A bush planted in the ground.
Mineral rights that have been reserved by the grantors. - ✔✔It is important to be able to
distinguish between real & personal property. Real property would be
,✔✔Prior Appropriation
Riparian
Littoral - ✔✔Which of the following pertains to water rights?
✔✔Size of the item - ✔✔All of the following are tests for determining a fixture EXCEPT
✔✔Intent of the parties
Method of attachment of the item
Adaptation of the item to the particular real estate - ✔✔All of the following are tests for
determining a fixture
✔✔Heterogeneity - ✔✔Two major physical characteristics of land are "fixed location"
and "indestructibility". The third is
✔✔Value - ✔✔Which of the following is NOT a test for fixtures?
✔✔Intention
Attachment
Adaptation - ✔✔Which of the following are test for fixtures?
✔✔Area preference - ✔✔What does the economic characteristic of situs refer to?
✔✔Bundle of Rights - ✔✔The rights of ownership, including the right to use, possess,
enjoy,and dispose of in any legal way, and to exclude everyone else without rights from
interfering is
✔✔Fixtures - ✔✔Which of the following is NOT described as personal property?
✔✔Chattels
Trade fixtures
Emblements - ✔✔Which of the following is described as personal property?
✔✔Trade fixtures - ✔✔Certain items on the premises that are installed by the tenant
and are related and to the tenant's business are called
✔✔Uniqueness - ✔✔Which of the following is NOT an economic characteristic of land?
✔✔Scarcity
Permanence of investment
Area preference - ✔✔Which of the following is an economic characteristic of land?
✔✔Area preference - ✔✔Which of the following is considered to have the greatest
impact on the value of a property?
, ✔✔Scarcity
Long life so improvements
Location - ✔✔Three economic characteristic of land are
✔✔Riparian rights - ✔✔The rights of the owner of property located along the banks of a
non-navigable river are called
✔✔The doctrine of prior appropriation. - ✔✔Many stated determine the order of water
rights according to which users of the water hold a recorded beneficial use permit. This
allocation of the water rights is determined by
✔✔Durable & Indestructible. - ✔✔In reference to land it can be said that it is
✔✔Simple fee absolute - ✔✔Full and complete ownership of land exists most nearly in
a
✔✔Condemn it - ✔✔A fee simple estate includes an owner's right to do of the following
with the property except to
✔✔Sell it, lease it, finance it - ✔✔A fee simple estate includes an owner's right to do of
the following with the property
✔✔No interest at all in the property - ✔✔Liz Pendens, a widow devised a piece of
property through her will to the Church for so long as the property is to be used for
church purposes. Several years later the church conveyed this property to Chico El
Bueno who began restaurant operations. Chico El Bueno received
✔✔A life estate may be granted - ✔✔For the duration of life of the grantee or the life of
someone other than the grantee.
✔✔No estate or interest - ✔✔Winkin conveys a house to Blinkin for life, then to Lincoln.
Blinkin's heirs have
✔✔Homestead Exemption - ✔✔In order to protect a family from the financial
irresponsibility of the head of household, Oklahoma provides a form of relief form
creditors called
✔✔Own and occupy the property as the principal residence. - ✔✔In order to create a
homestead right in Oklahoma, the claimant must
✔✔$1,000 - ✔✔The declaration of homestead in Oklahoma, filed by the head of a
family by March 15, will exempt from the assessed valuation of the property the amount
of
QUESTIONS AND SOLUTIONS SCORED A+
✔✔Right of Possession
Rights of Enjoyment
Rights of Disposition - ✔✔Which of the following are "Bundles of Rights"?
✔✔Non-Navigable rivers & streams - ✔✔Riparian rights relate to the use and ownership
of water in
✔✔Littoral Rights - ✔✔The right to the water and ownership of the land up to the tire
high-water mark of land abutting or bordering navigable bodies are
✔✔Mobility - ✔✔Personal property is most easily distinguished from real property by its
✔✔Personal property - ✔✔Owners are building a new enclosed front porch on a home.
The lumber dealer with whom they are contracting has just unloaded a truckload of
lumber in the front of their house that will be used to build the porch. At this point the
lumber is considered to be
✔✔Crops produced annually by labor and industry - ✔✔In discussing the terms of the
sale, a licensee makes reference to emblements. This has to do with
✔✔The adaptation of the the item to the premises.
An agreement between the parties involved.
The intention of the parties. - ✔✔Which of the following tests would be used to
determine if an item of personal property has become a fixture and, thus real property?
✔✔Heterogeneity - ✔✔The fact that no two parcels of land can occupy the same
location gives land the characteristic of
✔✔Is considered permanent, fixed, and immovable. - ✔✔As distinguished from
personal property, real property
✔✔Improvements - ✔✔Man-made permanent additions to land are called
✔✔Capital & Labor - ✔✔When improving land, which of the following expenditures
represents a fixed investment
✔✔Air space located over a city airport.
A bush planted in the ground.
Mineral rights that have been reserved by the grantors. - ✔✔It is important to be able to
distinguish between real & personal property. Real property would be
,✔✔Prior Appropriation
Riparian
Littoral - ✔✔Which of the following pertains to water rights?
✔✔Size of the item - ✔✔All of the following are tests for determining a fixture EXCEPT
✔✔Intent of the parties
Method of attachment of the item
Adaptation of the item to the particular real estate - ✔✔All of the following are tests for
determining a fixture
✔✔Heterogeneity - ✔✔Two major physical characteristics of land are "fixed location"
and "indestructibility". The third is
✔✔Value - ✔✔Which of the following is NOT a test for fixtures?
✔✔Intention
Attachment
Adaptation - ✔✔Which of the following are test for fixtures?
✔✔Area preference - ✔✔What does the economic characteristic of situs refer to?
✔✔Bundle of Rights - ✔✔The rights of ownership, including the right to use, possess,
enjoy,and dispose of in any legal way, and to exclude everyone else without rights from
interfering is
✔✔Fixtures - ✔✔Which of the following is NOT described as personal property?
✔✔Chattels
Trade fixtures
Emblements - ✔✔Which of the following is described as personal property?
✔✔Trade fixtures - ✔✔Certain items on the premises that are installed by the tenant
and are related and to the tenant's business are called
✔✔Uniqueness - ✔✔Which of the following is NOT an economic characteristic of land?
✔✔Scarcity
Permanence of investment
Area preference - ✔✔Which of the following is an economic characteristic of land?
✔✔Area preference - ✔✔Which of the following is considered to have the greatest
impact on the value of a property?
, ✔✔Scarcity
Long life so improvements
Location - ✔✔Three economic characteristic of land are
✔✔Riparian rights - ✔✔The rights of the owner of property located along the banks of a
non-navigable river are called
✔✔The doctrine of prior appropriation. - ✔✔Many stated determine the order of water
rights according to which users of the water hold a recorded beneficial use permit. This
allocation of the water rights is determined by
✔✔Durable & Indestructible. - ✔✔In reference to land it can be said that it is
✔✔Simple fee absolute - ✔✔Full and complete ownership of land exists most nearly in
a
✔✔Condemn it - ✔✔A fee simple estate includes an owner's right to do of the following
with the property except to
✔✔Sell it, lease it, finance it - ✔✔A fee simple estate includes an owner's right to do of
the following with the property
✔✔No interest at all in the property - ✔✔Liz Pendens, a widow devised a piece of
property through her will to the Church for so long as the property is to be used for
church purposes. Several years later the church conveyed this property to Chico El
Bueno who began restaurant operations. Chico El Bueno received
✔✔A life estate may be granted - ✔✔For the duration of life of the grantee or the life of
someone other than the grantee.
✔✔No estate or interest - ✔✔Winkin conveys a house to Blinkin for life, then to Lincoln.
Blinkin's heirs have
✔✔Homestead Exemption - ✔✔In order to protect a family from the financial
irresponsibility of the head of household, Oklahoma provides a form of relief form
creditors called
✔✔Own and occupy the property as the principal residence. - ✔✔In order to create a
homestead right in Oklahoma, the claimant must
✔✔$1,000 - ✔✔The declaration of homestead in Oklahoma, filed by the head of a
family by March 15, will exempt from the assessed valuation of the property the amount
of
