ASREB - Unit 1 (2025) Actual Exam
Questions and Answers A+ Graded
Convey .- .CORRECT .ANSWER-Transfer .of .Deed
Fructus .Naturales .- .CORRECT .ANSWER-Fruits .of .nature.
Bill .Of .Sale .- .CORRECT .ANSWER-*A .document .used .to .transfer .ownership .of
.personal .property.
*I .can .create, .can .be .handwritten
*Seller .& .Buyer .sign, .not .me .as .a .Licensee
*i.e. .Solar .Panels, .Water .Softener
Grantee .- .CORRECT .ANSWER-A .person .who .receives .a .conveyance .of .real
.property .from .a .grantor.
Avulsion ./ .Erosion .- .CORRECT .ANSWER-Sudden/Gradual .loss .of .land .through
.natural .causes
Accretion .- .CORRECT .ANSWER-*increase .of .land .naturally
*Gain .it!
*It .has .to .go .somewhere!!
Land .- .CORRECT .ANSWER-*Physical .Characteristics: .
Fixity .- .Fixed .Location .
Heterogeneity .- .Uniqueness ., .No .2 .parcels .of .land .are .the .same
*Sky .to .Center .of .Earth
Fixture .- .CORRECT .ANSWER-An .item .of .personal .property .that .has .been
.converted .to .real .property .by .being .permanently .affixed .to .the .realty.
If .Disputed .between .Buyer .and .Seller:
-Determine .whether .Seller .INTENDED .to .make .item(s) .part .of .the .Real .Estate
-Value .of .Item .has .no .bearing
-INTENT: .Court .will .ask .2 .Questions:
1) .Was .the .Item .permanently .attached?
2) .Will .damage .occur .if .the .item .is .removed?
If .YES .to .ONE .OR .BOTH .questions, .then .intent .was .to .make .item .part .of .the
.Real .Estate
, Mobile ./ .Manufactured .Homes .- .CORRECT .ANSWER-Can .be .Real .or .Personal
.Property
PERSONAL .PROPERTY .- .If .not .legally .affixed
REAL .PROPERTY .- .legally .affixed
NEED .TO:
Surrender .the .title .registered .with .DMV
Record .an .Affidavit .of .Affixture
*Real .Estate .Licensees .may .list .or .sell .new .or .used, .unaffixed .& .can .represent
.dealers .or .private .sellers
Air .Rights .- .CORRECT .ANSWER-The .right .to .use .the .open .space .above .a
.property, .usually .allowing .the .surface .to .be .used .for .another .purpose.
Riparian .Rights .- .CORRECT .ANSWER-An .owner's .rights .in .land .that .borders .on
.or .includes .a .stream, .river, .or .lake. .These .rights .include .access .to .and .use .of
.the .water.
Mineral .Rights .- .CORRECT .ANSWER-Rights .to .the .subsurface, .including .rights
.to .oil, .gas, .coal, .and .other .substances .that .are .mined, .and .can .be .separated
.from .land .ownership.
Chattel .- .CORRECT .ANSWER-an .item .of .personal, .movable .property; .cattle
Easements .- .CORRECT .ANSWER-The .right .to .use .the .land .of .another .for .a
.particular .purpose.
The .rights .across .another .person's .property .that .benefits .the .easement .holder
Bundle .of .Rights .- .CORRECT .ANSWER-All .the .Rights .an .owner .has .to .Real
.Property .- .Automatic .w/ .Constitution .of .the .United .States
DEEPC .- .DEEP .SEA
Disposition
Exclusion
Enjoyment
Possession
Control
Disposition .- .CORRECT .ANSWER-Bundle .of .Rights
Right .to .transfer .all .or .some .of .the .rights .to .other .people
Came .from .Magna .Carta
Exclusion .- .CORRECT .ANSWER-Bundle .of .Rights
The .act .of .keeping .out .or .shutting .out
The .right .to .stop .others .from .using .or .entering .the .property
"No .Trespassing"
Enjoyment .- .CORRECT .ANSWER-Bundle .of .Rights
The .right .to .free .use .of .property .w/o .interference .from .other .people .or .society
Possession .- .CORRECT .ANSWER-Bundle .of .Rights
Questions and Answers A+ Graded
Convey .- .CORRECT .ANSWER-Transfer .of .Deed
Fructus .Naturales .- .CORRECT .ANSWER-Fruits .of .nature.
Bill .Of .Sale .- .CORRECT .ANSWER-*A .document .used .to .transfer .ownership .of
.personal .property.
*I .can .create, .can .be .handwritten
*Seller .& .Buyer .sign, .not .me .as .a .Licensee
*i.e. .Solar .Panels, .Water .Softener
Grantee .- .CORRECT .ANSWER-A .person .who .receives .a .conveyance .of .real
.property .from .a .grantor.
Avulsion ./ .Erosion .- .CORRECT .ANSWER-Sudden/Gradual .loss .of .land .through
.natural .causes
Accretion .- .CORRECT .ANSWER-*increase .of .land .naturally
*Gain .it!
*It .has .to .go .somewhere!!
Land .- .CORRECT .ANSWER-*Physical .Characteristics: .
Fixity .- .Fixed .Location .
Heterogeneity .- .Uniqueness ., .No .2 .parcels .of .land .are .the .same
*Sky .to .Center .of .Earth
Fixture .- .CORRECT .ANSWER-An .item .of .personal .property .that .has .been
.converted .to .real .property .by .being .permanently .affixed .to .the .realty.
If .Disputed .between .Buyer .and .Seller:
-Determine .whether .Seller .INTENDED .to .make .item(s) .part .of .the .Real .Estate
-Value .of .Item .has .no .bearing
-INTENT: .Court .will .ask .2 .Questions:
1) .Was .the .Item .permanently .attached?
2) .Will .damage .occur .if .the .item .is .removed?
If .YES .to .ONE .OR .BOTH .questions, .then .intent .was .to .make .item .part .of .the
.Real .Estate
, Mobile ./ .Manufactured .Homes .- .CORRECT .ANSWER-Can .be .Real .or .Personal
.Property
PERSONAL .PROPERTY .- .If .not .legally .affixed
REAL .PROPERTY .- .legally .affixed
NEED .TO:
Surrender .the .title .registered .with .DMV
Record .an .Affidavit .of .Affixture
*Real .Estate .Licensees .may .list .or .sell .new .or .used, .unaffixed .& .can .represent
.dealers .or .private .sellers
Air .Rights .- .CORRECT .ANSWER-The .right .to .use .the .open .space .above .a
.property, .usually .allowing .the .surface .to .be .used .for .another .purpose.
Riparian .Rights .- .CORRECT .ANSWER-An .owner's .rights .in .land .that .borders .on
.or .includes .a .stream, .river, .or .lake. .These .rights .include .access .to .and .use .of
.the .water.
Mineral .Rights .- .CORRECT .ANSWER-Rights .to .the .subsurface, .including .rights
.to .oil, .gas, .coal, .and .other .substances .that .are .mined, .and .can .be .separated
.from .land .ownership.
Chattel .- .CORRECT .ANSWER-an .item .of .personal, .movable .property; .cattle
Easements .- .CORRECT .ANSWER-The .right .to .use .the .land .of .another .for .a
.particular .purpose.
The .rights .across .another .person's .property .that .benefits .the .easement .holder
Bundle .of .Rights .- .CORRECT .ANSWER-All .the .Rights .an .owner .has .to .Real
.Property .- .Automatic .w/ .Constitution .of .the .United .States
DEEPC .- .DEEP .SEA
Disposition
Exclusion
Enjoyment
Possession
Control
Disposition .- .CORRECT .ANSWER-Bundle .of .Rights
Right .to .transfer .all .or .some .of .the .rights .to .other .people
Came .from .Magna .Carta
Exclusion .- .CORRECT .ANSWER-Bundle .of .Rights
The .act .of .keeping .out .or .shutting .out
The .right .to .stop .others .from .using .or .entering .the .property
"No .Trespassing"
Enjoyment .- .CORRECT .ANSWER-Bundle .of .Rights
The .right .to .free .use .of .property .w/o .interference .from .other .people .or .society
Possession .- .CORRECT .ANSWER-Bundle .of .Rights
