GA REAL ESTATE EXAM - NATURE & DESCRIPTION OF REAL ESTATE | QUESTIONS AND ANSWERS. RATED A+| latest update 2024/25|
GA REAL ESTATE EXAM - NATURE & DESCRIPTION OF REAL ESTATE | QUESTIONS AND ANSWERS. RATED A+ Land is made up of the surface of the earth, the air space above, and A. anything affixed to the land B. all appurtenant buildings C. subsurface rights D. fixatures - -C. subsurface rights Lisa conveyed land to Katy by means of a deed which described the land but made no reference to buildings or improvements. Does this deed convey ownership of the buildings and improvements to Katy? A. Yes, because anything left on the property will be conveyed at closing. B. Yes, because buildings and improvements are considered appurtenant to the land C. No, building and improvements are classified as personal property D. No, building and improvements must be conveyed by a separate bill of sale - -B. Yes, because buildings and improvements are considered appurtenant to the land Items that are permanently attached to land are called A. fixtures B. emblements C. surface rights D. subsurface rights - -A. fixtures Which of the following property is NOT considered to be part of the real estate? A. Littoral property B. Personal property C. Riparian property D. Private property - -B. Personal property Which of the following tests would NOT be applied in determining whether an article of personal property has become a fixture? A. Manner of attachment B. Cost of the article C. Adaptation of the article to the land D. Existence of an agreement between the parties - -B. Cost of the article In remodeling their home, the Garcias put the items described below in the home. Once in place all would be fixtures EXCEPT A. an Oriental throw rug in the front entry hall B. the build in dishwasher C. the antique leaded glass chandelier D. custom fitted wall to wall carpet installed over plywood subflooring - -A. an Oriental throw rug in the front entry hall A tenant rented a commercial building for the operation of a printing shop. She installed shelves which are fastened to the walls, and printing equipment which is bolted to the floor. Are these now the property of the landlord? A. Yes, because they are installed in a permanent manner B. Yes, because their removal will damage the property C. No, because they are not specifically adapted to the property D. No, because trade fixtures remain the property of the tenant if removed before the expiration of the lease - -D. No, because trade fixtures remain the property o
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ga real estate exam nature description of real