Answers
Real ,.Property ,.- ,.(correct ,.answer) ,.-
land, ,.Improvements ,.attached ,.to ,.the ,.land, ,.and ,.the ,.rights ,.to ,.use ,.them
Personal ,.Property ,.- ,.(correct ,.answer) ,.-
right ,.or ,.interest ,.in ,.things ,.of ,.a ,.temporary ,.or ,.movable ,.nature ,.chattel ,.personalty. ,.Ownership ,.trans
ferred ,.by ,.a ,.BILL ,.OF ,.SALE
Fixture ,.- ,.(correct ,.answer) ,.-Personal ,.Property ,.attached ,.in ,.such ,.a ,.way ,.to ,.make ,.it ,.real ,.property.
Annexation ,.- ,.(correct ,.answer) ,.-
Process ,.of ,.attaching ,.personal ,.property ,.to ,.real ,.property ,.making ,.it ,.a ,.fixture
Severed ,.or ,.Severance ,.- ,.(correct ,.answer) ,.-
Real ,.property ,.being ,.removed ,.becoming ,.personal ,.property
Trade ,.Fixtures ,.- ,.(correct ,.answer) ,.-
required ,.to ,.carry ,.out ,.a ,.business ,.example ,.would ,.be ,.commercial ,.cooking ,.equipment ,.in ,.a ,.restaura
nt
Accesion ,.- ,.(correct ,.answer) ,.-
Acquiring ,.trade ,.fixtures ,.by ,.non ,.removal ,.prior ,.to ,.termination ,.of ,.lease
Land ,.3 ,.physical ,.characteristics ,.- ,.(correct ,.answer) ,.-nonhomogeneity, ,.immobility, ,.indestructibility
Nonhomogeneity ,.- ,.(correct ,.answer) ,.-no ,.to ,.pieces ,.are ,.exactly ,.alike
immobility ,.- ,.(correct ,.answer) ,.-land ,.cannot ,.be ,.moved ,.- ,.a ,.person ,.must ,.go ,.to ,.the ,.land
indestructibility ,.- ,.(correct ,.answer) ,.-durability ,.- ,.it ,.will ,.always ,.be ,.there
Land ,.4 ,.economic ,.characteristics ,.- ,.(correct ,.answer) ,.-scarcity, ,.modification, ,.fixity, ,.situs
scarcity ,.- ,.(correct ,.answer) ,.-
short ,.supply ,.where ,.demand ,.is ,.great ,.example ,.lot ,.in ,.Manhattan ,.v. ,.a ,.lot ,.in ,.upstate ,.NY
, modification ,.- ,.(correct ,.answer) ,.-
land ,.use ,.and ,.value ,.are ,.greatly ,.influenced ,.by ,.improvements ,.made ,.by ,.man ,.to ,.land ,.and ,.to ,.surrou
nding ,.parcels ,.of ,.land
fixity ,.- ,.(correct ,.answer) ,.-
land ,.and ,.buildings ,.and ,.other ,.improvements ,.to ,.land ,.are ,.consideration ,.fixed ,.or ,.permanent ,.invest
ments- ,.they ,.are ,.not ,.liquid ,.assets
Situs ,.- ,.(correct ,.answer) ,.-location ,.preference ,.location,location,location
Metes ,.and ,.Bounds ,.- ,.(correct ,.answer) ,.-
legal ,.description ,.of ,.land ,.that ,.always ,.has ,.a ,.point ,.of ,.beginning ,.that ,.is ,.also ,.the ,.end. ,.The ,.oldest ,.u
sed ,.in ,.13 ,.original ,.colonies
Lot,Block, ,.and ,.Subdivision ,.- ,.(correct ,.answer) ,.-
recorded ,.map ,.or ,.plat, ,.it ,.is ,.the ,.most ,.common ,.description ,.in ,.residential ,.listing ,.agreements
Monuments ,.- ,.(correct ,.answer) ,.-
permanent ,.surveyors ,.markers ,.often ,.starting ,.point ,.for ,.metes ,.and ,.bounds ,.example ,.Iron ,.pipe, ,.oak ,
.tree
Rectangular/ ,.Government ,.Survey ,.- ,.(correct ,.answer) ,.-
takes ,.into ,.consideration ,.base ,.lines, ,.meridians, ,.townships ,.and ,.sections.Townships ,.and ,.Sections ,.ar
e ,.located ,.in ,.Ranges. ,.Example ,.S7T3R2 ,.means ,.Section ,.7 ,.Townships ,.3 ,.Range ,.2
Township ,.- ,.(correct ,.answer) ,.-36 ,.Sections
Section ,.- ,.(correct ,.answer) ,.-640 ,.Acres ,.1 ,.square ,.mile
Acre ,.- ,.(correct ,.answer) ,.-43,560 ,.square ,.feet
Plat ,.- ,.(correct ,.answer) ,.-map ,.of ,.a ,.town, ,.section, ,.or ,.subdivision
Plot ,.- ,.(correct ,.answer) ,.-
map ,.or ,.layout ,.of ,.improvements ,.on ,.a ,.property ,.site. ,.The ,.property ,.site ,.is ,.also ,.called ,.a ,.lot ,.or ,.par
cel
Encumbrance ,.- ,.(correct ,.answer) ,.-limitation ,.on ,.your ,.rights. ,.It ,.may ,.also ,.called ,.cloud ,.on ,.a ,.title.
Voluntary ,.lein ,.- ,.(correct ,.answer) ,.-
created ,.by ,.the ,.borrowers ,.actions ,.such ,.as ,.taking ,.out ,.a ,.mortgage
Involuntary ,.lein ,.- ,.(correct ,.answer) ,.-created ,.by ,.law ,.ie. ,.ad ,.valorem ,.tax ,.lein
Specific ,.lein ,.- ,.(correct ,.answer) ,.-attaches ,.to ,.one ,.or ,.more ,.specific ,.properties ,.ex ,.mortgage
General ,.lein ,.- ,.(correct ,.answer) ,.-attaches ,.to ,.all ,.property ,.of ,.the ,.debtor ,.example ,.tax ,.lien