Real Estate 101 - Real Estate Principles » Fall 2021 » Chapter 1 Quiz

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Question #1
The rights and interests that a person has in the thing owned is the definition of:
A.   property.
B.   debt.
C.   wealth.
D.   none of the above.
Question #2
Which of the following is NOT a test to determine whether an item is a fixture?
A.   Intent of the parties
B.   Value of the item
C.   Relationship of the parties
D.   Method of attachment
Question #3
Which system may be used for legal description purposes?
A.   Metes and bounds
B.   U.S. Government survey, and Lot, block, and tract
C.   Lot, block, and tract
D.   All of the above
Question #4
How many sections are in a township?
A.   36
B.   320
C.   6
D.   640
Question #5
Which of the following is NOT a method of creating real property?
A.   Cement it down
B.   Bolt it down
C.   Plug it in
D.   Nail it down
Question #6
A section consists of how many acres?
A.   640
B.   230
C.   320
D.   460
Question #7
The term “bill of sale” is most commonly associated with:
A.   deed transfer.
B.   personal property.
C.   immovable property.
D.   real property.
Question #8
Personal property that is permanently affixed to real property is called:
A.   a fixture.
B.   trespassing.
C.   appurtenant.
D.   encroachment.
Question #9
The United States Government Survey System has to do with:
A.   metes and bounds.
B.   zoning, taxing, and polling.
C.   sections and townships.
D.   lots, blocks, and tracts.
Question #10
Which of the following is the smallest?
A.   4 miles square
B.   4 square miles
C.   Two sections
D.   Ten percent of a township
Question #11
A township contains:
A.   one square mile.
B.   36 square miles.
C.   106 square miles.
D.   six square miles.
Question #12
Real property is best described as:
A.   movable.
B.   things we own.
C.   anything of value.
D.   immovable.
Question #13
Ranges are 6-mile increments measured (and described) from the north-south meridian running:
A.   east and west.
B.   west.
C.   east.
D.   north and south.
Question #14
Approximately how many acres are there in a lot 1/2 mile by 1/2 mile?
A.   320
B.   80
C.   5,280
D.   160
Question #15
A farm 6 miles square has how many townships?
A.   72
B.   1
C.   6
D.   36
Question #16
A “bill of sale” transfers title to:
A.   personal property.
B.   real property.
C.   immovable items.
D.   heirs.
Question #17
Appurtenant means the ownership of the item:
A.   runs with the land.
B.   is a crop.
C.   is movable.
D.   is personal.
Question #18
Emblements are usually:
A.   growing crops.
B.   on leased land by tenant farmers.
C.   cultivated annually
D.   all of the above
Question #19
Trade fixtures are:
A.   personal property.
B.   removable.
C.   forms of business furniture and personal property.
D.   all of the above
Question #20
One acre equals:
A.   4,840 square yards or 43,560 square feet.
B.   4,860 square yards or 43,560 square feet.
C.   4,840 square yards or 43,440 square feet.
D.   4,800 square yards or 43,520 square feet.

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