Accurate Solutions
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Terms in this set (119)
(Chapter 1) All of the following are D. a non-attached microwave
fixtures except:
A. an air conditioning unit
B. a fan
C. a toilet
D. a non-attached microwave
(Chapter 1) A trade fixture such as a True
shelf is, in most states, allowed to be
removed by the tenant. True or false?
(Chapter 1) A patent is a piece of False
tangible personal property. True or
false?
(Chapter 1) Airspace can be used as a True
way to keep a scenic view from being
eroded. True or false?
(Chapter 1) With real estate, a gift is True
revocable before the execution and
delivery of a deed. True or false?
(Chapter 1) Sometimes a person who B. Adverse possession
does not own property, but has
continually lived on property, can
obtain property rights through:
A. Appropriation
B. Adverse possession
C. Tenure
,(Chapter 1) This type of ownership B. Fee simple
allows the owner to transfer or sell
property without condition:
A. Fee simple determinable
B. Fee simple
C. Fee simple on condition
subsequent
(Chapter 1) This type of ownership B. Fee simple determinable
reverts to the original owner upon the
happening of some event:
A. Fee simple
B. Fee simple determinable
C. Fee simple on condition
subsequent
D. Life estate
(Chapter 1) If there is waste, this type D. Life estate
of property ownership will terminate:
A. Fee simple
B. Fee simple determinable
C. Fee simple on condition
subsequent
D. Life estate
(Chapter 1) If a paralegal violates one True
of the American Bar Associations rules
of ethics, the attorney is held
responsible and will be sanctioned by
the Bar, not the paralegal. True or
false?
(Chapter 2) A Survey is used to True
describe real property and show the
boundaries of the property. True or
false?
, (Chapter 2) A land surveyor, who False
prepares a survey, needs to pass an
examination but does not need to be
licensed by the state. True or false?
(Chapter 2) If landowner 1 owns True
property behind landowner 2, and the
only way to access the property of
landowner 1 is to drive along a road
on landowner 2's property, then
landowner 1 would need an easement
from landowner 2 in order to access
the property. True or false?
(Chapter 2) One real estate paralegal's True
duties would be to make sure that the
survey description matches the
description in the deed. True or false?
(Chapter 2) A survey does not need to False
include whether the property is
located in a flood hazard area.
(Chapter 2) ACSM stands for True
American Congress on Surveying and
Mapping. True or false?
(Chapter 2) A real estate paralegal True
should also consider zoning issues. If
the paralegal notices that a survey
contains a fence, and this fence is not
on the deed, the paralegal should
consider whether the setback line
requirements are met in order to
determine if there is an encroachment.
True or false?
(Chapter 2) It is not important that the False
metes and bounds descriptions close.
True or false?