NATIONAL INTERACTIVE STUDY GROUP… · Study Group Information Please refer to your dashboard for...

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UNIT 1 : BOBRA TAHAN HOWARD HARRIS NATIONAL INTERACTIVE STUDY GROUP 1

Transcript of NATIONAL INTERACTIVE STUDY GROUP… · Study Group Information Please refer to your dashboard for...

Page 1: NATIONAL INTERACTIVE STUDY GROUP… · Study Group Information Please refer to your dashboard for the following: Link to calendar of discussion topics Links to discussion questions

UNIT 1:

BOBRA TAHAN

HOWARD HARRIS

NATIONAL INTERACTIVE

STUDY GROUP

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Page 2: NATIONAL INTERACTIVE STUDY GROUP… · Study Group Information Please refer to your dashboard for the following: Link to calendar of discussion topics Links to discussion questions

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:

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Contact Information

Bobra Tahan and Howard Harris both have access to

this account:

[email protected]

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

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Setting up the room5

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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

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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

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QUESTION

A seller wanting to keep the built in hot tub would

need to exclude it in the purchase contract:

True

False

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QUESTION

The main purpose of a master plan is to help control

growth:

True

False

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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 :

[email protected]

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