Real Estate Principals lesson 1
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Property | show 🗑
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show | police power escheat taxation, eminent domain
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Personal property | show 🗑
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show | personal property
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show | aliented,hypothecated, or become real property
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show | to convey or transfer
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real property | show 🗑
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show | they automatically transfer with the property
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How far does one own when they own land | show 🗑
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hypothecated?? | show 🗑
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Riparian rights? | show 🗑
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Littoral rights? | show 🗑
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show | only the state can take away riparian rights
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Surface waters? | show 🗑
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Water table? | show 🗑
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what point is land deeded to? | show 🗑
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show | underground waters not in a defined channel
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show | incorporated to the land
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show | five
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What are the five tests to determine if something is a fixture? | show 🗑
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show | intention
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show | size and cost of the item
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show | items that are unique to a trade or buisness
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show | yes
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show | no
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Appurtenances? | show 🗑
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What passes automatically with the land? | show 🗑
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Stock in a mutual water company is? | show 🗑
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Estate? | show 🗑
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What are the two types of estates? | show 🗑
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show | may have encumberances
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show | the owner holds title without any qualifications
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show | fee simple absolute
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show | there are conditions or limitations of the use of the property
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Life estate? | show 🗑
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show | may sell,encumber, or lease for the duration of the life estate
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what happens when a life estate ends? | show 🗑
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show | held by original grantor
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estate in remainder? | show 🗑
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less-than-freehold estate | show 🗑
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show | estate for years,periodic tenancy,will,sufferance
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show | continues for a definant period of time
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show | continues from period to period (month-to-month)
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show | gross,net,percentage,graduated,sandwhich
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show | lessee pays rent based of percentage of gross receipts
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leasehold estate in real property? | show 🗑
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show | the less-than-freehold estate
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Although a lease transfers temporary possession? | show 🗑
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The lessor holds? | show 🗑
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show | 51 years
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show | 99 years
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show | longer than one year
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who must sign the written lease? | show 🗑
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When does a tenant have the right to terminate a lease? | show 🗑
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how much can a tenant spend in order to make a needed repair? | show 🗑
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remedies of landlord? | show 🗑
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show | tenant has the right to quiet enjoyment
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show | is a breach of his covenant
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surrender | show 🗑
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Assignmemnt | show 🗑
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show | Some time
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show | consideration for the use of property
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how is the rent of a warehouse determined? | show 🗑
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show | can't exceed two months rent on unfurnished and three months rent on furnished
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license | show 🗑
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show | tenancy is a mode of holding property(how it's owned?)
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show | ownership in severalty/sole ownership
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con current estate? | show 🗑
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show | right of surviviorship & "4 unities" time,title,interest,possession
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what are the four unities of time? | show 🗑
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Joint tenancy can? | show 🗑
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Tenancy in Common? | show 🗑
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show | all property acquired by husband and wife during marriage
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house much is owned by each spouse with community property? | show 🗑
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Separate property? | show 🗑
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how long does a spouse have to void the sale of community property | show 🗑
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show | by will
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when a deed names husband and wife? | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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