Chapter 1 Quiz

The phrase "bundle of legal rights" is properly included in:

The right to control one's property does not include...

According to the law, a trade fixture is

A couple is interested in a house that fits most of their needs, but is it is located in a busy downtown area  where they are not sure they want to live.  The couple's concern about the property is called

The word improvement does not refer to...

Real property can become personal property by:

The term land does not refer to

Which of the following is considered personal property?

Land is considered...

A rancher owns a parcel of land on which oil was discovered.  If the rancer has not previously conveyed the oil rights, who owns the oil?

Certain items on the premises that were installed by the tenant are related to the tenent's business are called:

Personal property dies not include

Fixtures are

After the construction of a building over a railroad right of way, the trains can

Economic Characteristics of Land does not refer to

Generally, personal property can be distinquised from real property by its

A landlord leases space to a tenant for a restaurant. The tenant installs ovens, booths, counters and other equipment.  When do these programs become real property?

The geographic location of any parcel if land can

Tests for determing a fixture does not include

The owner of a house wants to fence the yard for her dog,  When the fences  is errected, the fencing material are converted to real estate by

The physical characteristics of land include which of the following

The rights of ownership of real property do not include

The following has the gratest impact on the value of a property