Maine - Real Estate Exam Prep Questions & Answers 100% Verified By Experts

Fixture - ANSWER-An object that has been attached to land so as to become real estate. An article of personal property which has been installed in or attached to land or a building thereon, in such a manner that it is now considered to be a part of the real estate. Improvements - ANSWER-Beneficial attachments to raw land that increase its value or improve its usefulness. Meridians - ANSWER-Imaginary north-south lines which intersect base lines to form a starting point for the measurement of land. Metes and bounds - ANSWER-A detailed method of land description that identifies a parcel by specifying its shape and boundaries. Monument - ANSWER-An iron pipe, stone, tree, or other fixed point in making a survey. Personal Property - ANSWER-A right or interest in things of a temporary or movable nature Real Estate - ANSWER-Land, tenements, and appurtenances, whatever is made part of or is attached to it by nature or man; the land and all the improvements thereon. (Also r