national interactive study group… · study group information please refer to your dashboard for...
TRANSCRIPT
UNIT 1:
BOBRA TAHAN
HOWARD HARRIS
NATIONAL INTERACTIVE
STUDY GROUP
1
Study Group Information
Please refer to your dashboard for the following:
Link to calendar of discussion topics
Links to discussion questions
Use this button on the Learning Management System
tab to access your dashboard:
2
Contact Information
Bobra Tahan and Howard Harris both have access to
this account:
Please include the STATE where you will be taking
your exam anytime you reach out to us so we can find
the best resources for you.
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Setting up the room4
Setting up the room5
Unit 1
TOPICS TO BE DISCUSSED:
Your questions
Water Rights
Real property, personal property and fixtures
Building codes and certificates of occupancy
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QUESTION
Water rights to flowing water like a river are called?
A. Littoral rights
B. Riparian rights
C. River rights
D. Streaming rights
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QUESTION
Water rights to standing water like a lake
are called ?
A. Littoral rights
B. Riparian rights
C. Lake rights
D. Ocean rights
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QUESTION
Water rights based on first beneficial use are known
as the Doctrine of ___________ ?
A. Prior appropriation
B. Accretion
C. First in right
D. Existing use
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QUESTION
Real estate is defined as:
A. Land, improvement and rights
B. Land, interests, personal property and rights
C. Land, improvements, water rights and personal
property
D. Land, fixtures, and personal property
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QUESTION
Sale of a property always includes the mineral
rights:
True
False
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QUESTION
What document is used to convey real
estate/property?
A. Purchase and Sale agreement
B. Bill of Sale
C. Encumbrance
D. Deed
12
QUESTION
What is the definition of personal property?
A. Items permanently affixed to land
B. Fixtures
C. Everything that is not real property
D. Anything owned by a real person as opposed to
a corporation
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QUESTION
How is personal property conveyed?
A. Deed
B. By personal delivery
C. Devise
D. Bill of sale
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QUESTION
A fixture is a item that was once real property that
has become personal property:
True
False
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REVIEW
Intent of an object being affixed or installed with the
apparent intent of improving the land is evidenced
by the following:
• Attachment
• Adaptation
• Agreement (most important)
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QUESTION
Real estate brokers and salespersons must know
the difference between real property, personal
property and fixtures. In considering the law of
fixtures, all of the following would be used to
determine if an item is a fixture EXCEPT:
A. Method of attachment
B. Adaptation to fit the property
C. Written agreement
D. Size of the item
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QUESTION
Land can be considered a fixture:
True
False
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QUESTION
How are fixtures conveyed?
A. Deed
B. Bill of Sale
C. Deed of Trust
D. Mortgage
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QUESTION
Countertops, attached stools, and other restaurant
equipment are considered to be trade fixtures:
True
False
20
QUESTION
A seller wanting to keep the built in hot tub would
need to exclude it in the purchase contract:
True
False
21
QUESTION
The main purpose of a master plan is to help control
growth:
True
False
22
QUESTION
An area used to separate different types of land
use is a _____ zone:
A. Intermediate zone
B. Middle zone
C. Buffer zone
D. Open area zone
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QUESTION
Separate codes for electric and plumbing would be
found by looking at the:
A. Certificate of occupancy
B. Building codes
C. Declaration
D. Building plans
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QUESTION
Building codes are primarily concerned with
structural integrity and safety:
True
False
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QUESTION
Certificates of occupancy provide evidence of
compliance with building codes and show that
buildings are ready and fit for occupancy:
True
False
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QUESTION
Zoning codes are set at the:
A. Local level
B. State level
C. Federal level
D. At all of these levels
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CONTACT INFORMATION
Any questions I missed or that you still have?
Remember if you think of something after class you
can reach both Bobra Tahan and Howard Harris at :
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