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.   wealth.
B.   property.
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.   Lot, block, and tract
B.   U.S. Government survey, and Lot, block, and tract
C.   Metes and bounds
D.   All of the above
Question #4
How many sections are in a township?
A.   320
B.   6
C.   640
D.   36
Question #5
Which of the following is NOT a method of creating real property?
A.   Bolt it down
B.   Cement it down
C.   Nail it down
D.   Plug it in
Question #6
A section consists of how many acres?
A.   230
B.   640
C.   460
D.   320
Question #7
The term “bill of sale” is most commonly associated with:
A.   immovable property.
B.   real property.
C.   personal property.
D.   deed transfer.
Question #8
Personal property that is permanently affixed to real property is called:
A.   encroachment.
B.   appurtenant.
C.   a fixture.
D.   trespassing.
Question #9
The United States Government Survey System has to do with:
A.   zoning, taxing, and polling.
B.   sections and townships.
C.   lots, blocks, and tracts.
D.   metes and bounds.
Question #10
Which of the following is the smallest?
A.   Ten percent of a township
B.   4 square miles
C.   Two sections
D.   4 miles square
Question #11
A township contains:
A.   106 square miles.
B.   36 square miles.
C.   one square mile.
D.   six square miles.
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.   east.
B.   east and west.
C.   west.
D.   north and south.
Question #14
Approximately how many acres are there in a lot 1/2 mile by 1/2 mile?
A.   80
B.   320
C.   160
D.   5,280
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.   real property.
B.   personal property.
C.   heirs.
D.   immovable items.
Question #17
Appurtenant means the ownership of the item:
A.   is movable.
B.   is personal.
C.   is a crop.
D.   runs with the land.
Question #18
Emblements are usually:
A.   cultivated annually
B.   on leased land by tenant farmers.
C.   growing crops.
D.   all of the above
Question #19
Trade fixtures are:
A.   personal property.
B.   forms of business furniture and personal property.
C.   removable.
D.   all of the above
Question #20
One acre equals:
A.   4,860 square yards or 43,560 square feet.
B.   4,840 square yards or 43,440 square feet.
C.   4,840 square yards or 43,560 square feet.
D.   4,800 square yards or 43,520 square feet.

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