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.   wealth.
C.   debt.
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.   Method of attachment
C.   Value of the item
D.   Relationship of the parties
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.   6
C.   640
D.   320
Question #5
Which of the following is NOT a method of creating real property?
A.   Bolt it down
B.   Cement it down
C.   Plug it in
D.   Nail it down
Question #6
A section consists of how many acres?
A.   230
B.   640
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.   trespassing.
B.   a fixture.
C.   encroachment.
D.   appurtenant.
Question #9
The United States Government Survey System has to do with:
A.   sections and townships.
B.   zoning, taxing, and polling.
C.   metes and bounds.
D.   lots, blocks, and tracts.
Question #10
Which of the following is the smallest?
A.   4 miles square
B.   Ten percent of a township
C.   4 square miles
D.   Two sections
Question #11
A township contains:
A.   106 square miles.
B.   36 square miles.
C.   six square miles.
D.   one square mile.
Question #12
Real property is best described as:
A.   things we own.
B.   movable.
C.   anything of value.
D.   immovable.
Question #13
Ranges are 6-mile increments measured (and described) from the north-south meridian running:
A.   north and south.
B.   east.
C.   east and west.
D.   west.
Question #14
Approximately how many acres are there in a lot 1/2 mile by 1/2 mile?
A.   80
B.   5,280
C.   320
D.   160
Question #15
A farm 6 miles square has how many townships?
A.   1
B.   72
C.   6
D.   36
Question #16
A “bill of sale” transfers title to:
A.   immovable items.
B.   heirs.
C.   personal property.
D.   real property.
Question #17
Appurtenant means the ownership of the item:
A.   is a crop.
B.   runs with the land.
C.   is movable.
D.   is personal.
Question #18
Emblements are usually:
A.   on leased land by tenant farmers.
B.   cultivated annually
C.   growing crops.
D.   all of the above
Question #19
Trade fixtures are:
A.   forms of business furniture and personal property.
B.   personal property.
C.   removable.
D.   all of the above
Question #20
One acre equals:
A.   4,800 square yards or 43,520 square feet.
B.   4,840 square yards or 43,440 square feet.
C.   4,860 square yards or 43,560 square feet.
D.   4,840 square yards or 43,560 square feet.

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