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BARNEY FLETCHER CRAM NOTES BOOKLET EXAM 2025 BRAND NEW ACTUAL EXAM WITH 100% VERIFIED QUESTIONS AND CORRECT SOLUTIONS| ACE YOUR GRADES

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BARNEY FLETCHER CRAM NOTES BOOKLET EXAM 2025 BRAND NEW ACTUAL EXAM WITH 100% VERIFIED QUESTIONS AND CORRECT SOLUTIONS| ACE YOUR GRADES. deed - correct answer -the instrument used to transfer real property Title - correct answer -Ownership and the owner's rights Real Estate - correct answer -Land + improvements (appertenances) Physical Characteristics of Land - correct answer -1. Immovable 2. Indestructable 3. Non-Homogenous (unique) Economic Characteristics of Land - correct answer -1) Situs 2) Improvements 3) Fixed Investment 4) ScarcityP a g e | 2 Personal Property - correct answer -anything that is not real property; Chattel Severance - correct answer -Remove from the land Make real property into personal property Fixture - correct answer -Tests MIAA 1. Method of attachement 2. Intention of attaching party 3. Adaptation to the article 4. Agreement (seller's disclosure statement best to use altho not law) Trade Fixtures - correct answer -Personal property used in a business and can be removed by the lessee when the lease terminates. Emblements - correct answer -Crop

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BARNEY FLETCHER CRAM NOTES BOOKLET EXAM 2025
BRAND NEW ACTUAL EXAM WITH 100% VERIFIED
QUESTIONS AND CORRECT SOLUTIONS| ACE YOUR
GRADES.




deed - correct answer -the instrument used to transfer real
property




Title - correct answer -Ownership and the owner's rights




Real Estate - correct answer -Land + improvements
(appertenances)




Physical Characteristics of Land - correct answer -1. Immovable
2. Indestructable
3. Non-Homogenous (unique)




Economic Characteristics of Land - correct answer -1) Situs 2)
Improvements
3) Fixed Investment 4) Scarcity

, Page | 2




Personal Property - correct answer -anything that is not real
property; Chattel




Severance - correct answer -Remove from the land
Make real property into personal property




Fixture - correct answer -Tests MIAA
1. Method of attachement
2. Intention of attaching party
3. Adaptation to the article
4. Agreement (seller's disclosure statement best to use altho not
law)




Trade Fixtures - correct answer -Personal property used in a
business and can be removed by the lessee when the lease
terminates.




Emblements - correct answer -Crops/

, Page | 3

Fructus Industriales: Real Property (tree, shrub)
Fructus Naturalus: Personal Property, not part of land




Severalty - correct answer -Personal, sole ownership; can be
corprate




Concurrent Ownership - correct answer -Ownership by two or
more persons at the same time




4 Types of Concurrent Ownership - correct answer -1. Tenancy In
Common
2. Joint Tenancy
3. Tenancy by Entireties
4. Community Property




Test for Tenancy (TTiP) - correct answer -T: Time parties take
possession
T: Title (who is on the deed)
I: Interest (equal or unequal)
P: Possession:

, Page | 4




Tenancy in Common - correct answer -T: Parties DO NOT take
possession at same time
T: Separate Deeds
I: May be unequal
P: Undivided Interest
Inheritable




Joint Tenancy - correct answer -T: All parties DO take possession
at the same time
T: All on one Deed
I: Equal Interest
P: Undivided Interest
Right of Survivorship (Not Inheritable)
No Probate Court




Tenancy by the Entirety - correct answer -form of joint tenancy
ownership for husband and wife
Not in GA

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