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Test your basic knowledge |
CA State Certified Appraiser Legal Things
Start Test
Study First
Subject
:
certifications
Instructions:
Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The Smith's converted their garage into an apartment for an elderly relative without government approval. This would be an example of...
Police power and eminent domain
Illegal use
Taxation
Boundaries
2. (an) Esement defined in general terms - without a definite location or description
Floating easement
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Real estate Taxes
Leased fee
3. If a property has more than one owner - and upon death of one of the owners the deceased rights to the property is passed to the surviving owners - this is called...
Time share
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Joint Tenants
Legal forces
4. What is the term that means 'going to the state'?
17.5
Quitclaim deed
Escheat
Taxation - Eminent domain and Police power
5. If a property had more than one owner and each owner has equal right to possession of the property. Upon death of one of the owners the deceased may leave his/her rights to the property to the living heirs - this would be considered what form of owne
Any method for bringing wasted natural resources into productive use
Real estate Taxes
Tenants in common
Eminent domain
6. Which of the following major forces of influence on real estate value covers zoning?
Legal forces
Zone A
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Real estate Taxes
7. When the government has the right to levy taxes on real property this is called...
Taxation
Real estate Taxes
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Special warrantee deeds
8. Arnold bought a summer home on the shore of Eagle Bear Lake five years ago. Over the years - the water has receded and left his dock permanently surrounded by dry land. What is this an example of?
Express easement
Avulsion
Reliction
Deed
9. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
Deed recordation
Lot and Block
Deed recordation
Joint Tenants
10. A lien that would usually take priority would be which of the following: Judgement - Real estate Tax - Mechanics Lien - Mortgage?
Pud
Police power
Taxation - Eminent domain and Police power
Real estate Tax
11. In the term 'Metes and Bounds' - what does the word 'Bounds' mean?
Direction
Encroachment
Escheat
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
12. One source of data for use in the comparable sales approach - is deed recordings. Which of the following is/are true?
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Lease
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Renewal option
13. Which of the following is a zoning classification for a subdivision that sets density limits and allows dwellings to be clustered?
Pud
Real estate
Deed recordation
Leasehold
14. When a corporation owns a building and the residents of the building own stock in the corporation - this is called what form of special ownership?
Pud
Tax Description
Co-op
Leasehold
15. If a property tax rate is 1.7% of assessed value - what would the mill rate be?
17
Dominant tenement
Tax Description
Express easement
16. For the past several years - high waters have been dumping substantial amounts of soil onto Doug's property. This event is known as...
Profit
Escheat
Eminent domain
Accredition
17. What is the method of legal description that is used in subdivisions?
Lot and Block
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
easement appurtenant
Lease
18. ______ are warranties by the grantor and the grantor's heirs to defend against all claims caused by the actions or omissions of the grantor or grantor's heirs.
Renewal option
Special warrantee deeds
Taxation - Eminent domain and Police power
Deed recordation
19. Which of the following would not be considered a commonly accepted form of a 'Legal Description'?
Pud
Tax Description
Deed recordation
Floating easement
20. Reclamation is defined as...
Co-op
Any method for bringing wasted natural resources into productive use
Accredition
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
21. In site analysis - an appraiser needs a deed description to determine...
Reliction
Police power and eminent domain
Boundaries
The types and density of land use - the present and future use of land - and the frontage and size of building
22. River Real Estate Tycoons just purchased an office property next to the Wafflesnake Bayou. Because the office property lacked sufficient parking - they contacted the Bayou Burger Joint next door who agreed to an easement allowing them use of seven sp
Police power and eminent domain
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
The Landlord will receive his payments from Y the Lessee
23. In area analysis - some examples of political-governmental factors which influence the price of homes are...
Encroachment
Zone A
Any method for bringing wasted natural resources into productive use
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
24. (Legal interest)The right to remove something from another's land such as minerals etc. is commonly called...
Profit
does not give constructive notice
Dominant tenement
Illegal use
25. When any interest possessed by the grantor is conveyed to the grantee - without any warranties this is called...
Real estate Taxes
Public utility and Both the City and County governments
Quitclaim deed
Joint Tenants
26. When a lease is created - the appropriate term for the tenant's benefit is...
Pud
Real estate Taxes
Mortgage
Leasehold
27. immobile - heterogeneous and has long asset life?
Illegal use
Tax Description
Real estate
17
28. Noun: The action of pulling or tearing away. The sudden separation of land from one property and its attachment to another - esp. by flooding or a change in the course of a river.
Escheat
Tax Description
Avulsion
Public utility and Both the City and County governments
29. Alfred and James wrote up a lease agreement that would give Alfred (the tenant) the right to extend the lease when it expires. Although Alfred is not obligated to extend the lease - if the option is exercised - the payment amount and the length of th
Real estate Taxes
Renewal option
Tenants in common
Profit
30. When a lease is created - the appropriate term for the owner's benefit is...
Real estate
Quitclaim deed
Any method for bringing wasted natural resources into productive use
Leased fee
31. In which flood hazard boundary map is the greatest hazard?
Zone A
Taxation
Police power
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
32. Which of the following major forces of influence on real estate value covers supply and demand of housing?
Economic forces
Real estate Taxes
Deed recordation
Floating easement
33. A mortgage that has not been recorded or registered in the county in which the real estate is located...
Profit
Police power
Pud
does not give constructive notice
34. Cecil hired a contractor to repair a sinking foundation. Unfortunately for the contractor - Cecil failed to pay for the completed work. Which of the following would incorrectly describe the likely events.
Co-op
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
The Contractor puts a voluntary Lien on the home
Eminent domain
35. Zoning regulations are concerned with...
Co-op
Eminent domain
The types and density of land use - the present and future use of land - and the frontage and size of building
Avulsion
36. Land that benefits from an easement on another property...
Leasehold
Economic forces
Dominant tenement
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
37. River Real Estate Tycoons just purchased an office property next to the Wafflesnake Bayou. Because the office property lacked sufficient parking - they contacted the Bayou Burger Joint next door who agreed to an easement allowing them use of seven sp
Lot and Block
Joint Tenants
Taxation
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
38. Which of the following can use the right of Eminent Domain?
Public utility and Both the City and County governments
Accredition
Lease
Tax Description
39. Public limitations on free exercise of private property are...
Taxation - Eminent domain and Police power
Police power and eminent domain
Illegal use
Taxation
40. Which of the following best describes installment or land contract?
Direction
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
Encroachment
Dominant tenement
41. When the government regulates the land use for the good of the public - this is called...
Joint Tenants
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Zone A
Police power
42. 'runs with the land' - easement that generally transfers automatically when the dominant estate is transferred.
does not give constructive notice
Floating easement
17.5
easement appurtenant
43. A subject property has a market value of $125 -000. The property is taxed at a rate of $1.75 per $100 of assessed value. The property is assessed at 75 -000. What is the Millage rate?
Boundaries
Any method for bringing wasted natural resources into productive use
17.5
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
44. If a owner has a partial ownership or a lease for a specified amount of time - this would be called a...
Deed recordation
Time share
Encroachment
Tax Description
45. Which of the following would be included in the 'public limitations on real estate ownership'?
Boundaries
Taxation - Eminent domain and Police power
Mortgage
Police power and eminent domain
46. Which is the superior lien?
Real estate Taxes
Lease
easement appurtenant
Economic forces
47. The document that states all the real property interests or estate interest that includes all the information about surface rights and subsurface rights etc. is called the ___
Any method for bringing wasted natural resources into productive use
Taxation
Deed
Leasehold
48. The document that states all the rights of use and the occupancy of the property for a given period of time and a given amount of rent is called ___
Eminent domain
Lease
Real estate Tax
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
49. A loan that would be secured by the real property is called...
Avulsion
Police power and eminent domain
does not give constructive notice
Mortgage
50. 'X' leased his property to 'Y' - who in turn sub-leased the property to 'Z'. Which of the following Statements is true.
The Landlord will receive his payments from Y the Lessee
Zone A
A method of selling Real estate whereby the purchaser takes possession and pays for the property in regular installments while the sellers retains title until the property is paid in full
Accredition