Unit 1-A Quiz Flashcards
All of the following items would have a bearing on whether an item is considered personal property, except:
A.) damage from removing the item from the property.
B.) the manner of attachment.
C.) any agreement between buyer and seller considering the item
D.) the cost of the item.
D.) cost of the item.
In the sale of commercial property, which of the following documents, would be used to transfer shelves, counters, and other personal property?
A.) chattel the real.
B.) bill of sale.
C.) security agreement.
D.) mortgage.
B.)Bill of sale
The right to light and air accompanied by the transfer of title ownership to the land is called a (an)
A.) fixture.
B.) restriction.
C.) appurtenance
D.) easement.
C.)appurtenance
The right of a tenant farmer to harvest crops after the lease has expired, is known as:
A.) Emblements
B.) appurtenance
C.) easements
D.) fructus naturales
A.) EMBLEMENTS.
The process of acquiring land for public use from an unwilling owner with compensation paid is called?
A.) eminent domain.
B.) condemnation.
C.) confiscation
D.) adverse possession.
B.) condemnation
An ordinance requires sufferance parking spaces in the shopping centers. The city has the right to enforce the ordinance through?
A.) escheat
B.) police power
C.) eminent domain
D.) deed restrictions
B.) police power
M passes away without leaving a will. If, after a lengthy search, no heirs are not found, the:
A.) estate would be given to charity.
B.) administrator would inherit the estate.
C.) estate what is escheat to the state
D.) executor wouldn’t here at the estate
C.) estate what is escheat to the state
Authorization for his only comes from
A.) US Constitution.
B.) police power.
C.) statue of frauds.
D.) real estate commissioner.
B.) police power.
If the city or state wishes to take property with just compensation, it may acquire title by action based on:
A.) attachment proceedings.
B.) right of eminent domain.
C.) adverse possession.
D.) police power.
B.) right of eminent domain.
Which of the following does not fall under police power?
A.) health department in fire department regulations.
B.) licensing of real estate agents.
C.) zoning ordinance.
D.) taking land for schools.
D.) taking land for schools.
Which of the following is not included in the concept of power of eminent domain?
A.) right of government to take property from the owner for public good
B.) an exercise of police power
C) just compensation at fair market value
D.) condemnation proceedings
B.) an exercise, a police power
In Arizona, once in affidavit of a affixture has been recorded, the mobile home is taxed as:
A.) income property.
B.) personal property.
C.) real property.
D.) vacant land.
C.) real property.
A notice of pending condemnation delivered to a property owner at least 20 days prior to condemnation action must include all of the following, except a (an)
A.) written offer to purchase the property.
B.) amount of just compensation offered.
C.) appraisal, showing responsible comparable property.
D.) escrow closing statement.
D.) escrow closing statement.
Dedication is best defined as:
A.) the state, taking land by adverse possession.
B.) the state acquiring land from a person who died intestate
C.) the city acquiring a road right of way under eminent domain.
D.) a developer or individual giving property to the state.
D.) A developer or individual giving property to the state
What is required at the time of an affidavit of Affixture is recorded?
A.) the mobile home must have skirts installed.
B.) the title of the mobile home must be surrendered.
C.) the county assessor must inspect the property.
D.) the mobile home must be owner occupied.
B.) title of the mobile home must be surrendered
