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CA State Certified Appraiser Legal Things

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. 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
17
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Legal forces
Co-op

2. this easement may be 'granted' or 'reserved' in a deed or other legal instrument. Alternatively - it may be incorporated by reference to a subdivision plan by 'dedication' - or in a restrictive covenant in the agreement of an owners association.
Illegal use
Real estate Taxes
Express easement
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

3. A loan that would be secured by the real property is called...
Mortgage
Real estate Tax
Legal forces
Economic forces

4. What is the method of legal description that is used in subdivisions?
Lot and Block
Avulsion
Tenants in common
Taxation

5. (an) Esement defined in general terms - without a definite location or description
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Floating easement
Zone A
Avulsion

6. When any interest possessed by the grantor is conveyed to the grantee - without any warranties this is called...
Eminent domain
Quitclaim deed
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Express easement

7. 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
Renewal option
Special warrantee deeds
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
Reliction

8. Land that benefits from an easement on another property...
Tax Description
Special warrantee deeds
Dominant tenement
Boundaries

9. When the government regulates the land use for the good of the public - this is called...
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
Police power
Co-op
easement appurtenant

10. Albert is selling is house and has been informed that a potential buyer has submitted an offer that includes his clothes washer and furniture in the sale. Albert accepted the offer without addendum. Which of the following best describes the actions o
Profit
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Economic forces
Mortgage

11. Which of the following major forces of influence on real estate value covers zoning?
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Time share
Legal forces
Direction

12. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
The Landlord will receive his payments from Y the Lessee
Deed recordation
Encroachment
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.

13. In site analysis - an appraiser needs a deed description to determine...
Real estate Taxes
Renewal option
Boundaries
Legal forces

14. Which is the superior lien?: First Mortgage - IRS Tax Lien - merchants lien - Real estate Taxes
Lot and Block
Co-op
Real estate Taxes
Tenants in common

15. For the past several years - high waters have been dumping substantial amounts of soil onto Doug's property. This event is known as...
Time share
Escheat
Accredition
Eminent domain

16. 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
Lot and Block
Tenants in common
The types and density of land use - the present and future use of land - and the frontage and size of building
Real estate

17. 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.
Avulsion
The Contractor puts a voluntary Lien on the home
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Legal forces

18. Which of the following major forces of influence on real estate value covers supply and demand of housing?
Co-op
Police power and eminent domain
Lease
Economic forces

19. 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
Direction
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
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
Dominant tenement

20. When a lease is created - the appropriate term for the owner's benefit is...
Leased fee
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Lease
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights

21. A mortgage that has not been recorded or registered in the county in which the real estate is located...
does not give constructive notice
The Contractor puts a voluntary Lien on the home
easement appurtenant
Deed

22. If 'FRED' built his new home - but his large kitchen extended past his property line and into is neighbor's property this would be called an...
Encroachment
Deed recordation
Legal forces
Illegal use

23. 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...
Joint Tenants
Special warrantee deeds
Legal forces
Eminent domain

24. (Legal interest)The right to remove something from another's land such as minerals etc. is commonly called...
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
17.5
Taxation
Profit

25. Reclamation is defined as...
Any method for bringing wasted natural resources into productive use
Pud
The Contractor puts a voluntary Lien on the home
Legal forces

26. 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 ___
Lease
Economic forces
Profit
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.

27. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
Pud
Police power and eminent domain
Deed recordation
17.5

28. The Smith's converted their garage into an apartment for an elderly relative without government approval. This would be an example of...
The types and density of land use - the present and future use of land - and the frontage and size of building
Tax Description
Illegal use
Police power and eminent domain

29. 'X' leased his property to 'Y' - who in turn sub-leased the property to 'Z'. Which of the following Statements is true.
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Real estate Tax
Economic forces
The Landlord will receive his payments from Y the Lessee

30. In area analysis - some examples of political-governmental factors which influence the price of homes are...
Leased fee
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Real estate
Tax Description

31. If a property tax rate is 1.7% of assessed value - what would the mill rate be?
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
Pud
Lot and Block
17

32. Which of the following would not be considered a commonly accepted form of a 'Legal Description'?
The types and density of land use - the present and future use of land - and the frontage and size of building
Real estate Taxes
Tax Description
Taxation

33. In which flood hazard boundary map is the greatest hazard?
Mortgage
Zone A
Dominant tenement
The types and density of land use - the present and future use of land - and the frontage and size of building

34. What is the term that means 'going to the state'?
The Landlord will receive his payments from Y the Lessee
Profit
Escheat
Eminent domain

35. Public limitations on free exercise of private property are...
easement appurtenant
Taxation - Eminent domain and Police power
The types and density of land use - the present and future use of land - and the frontage and size of building
Avulsion

36. The right of a government or its agent to expropriate private property for public use - with payment of compensation.
Eminent domain
Real estate Taxes
Lot and Block
Public utility and Both the City and County governments

37. One source of data for use in the comparable sales approach - is deed recordings. Which of the following is/are true?
Floating easement
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Zone A
Co-op

38. 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?
Co-op
Avulsion
Lot and Block
Zone A

39. 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?
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Accredition
17.5
Encroachment

40. Which is the superior lien?
Time share
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
Real estate Taxes
The Landlord will receive his payments from Y the Lessee

41. immobile - heterogeneous and has long asset life?
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
The types and density of land use - the present and future use of land - and the frontage and size of building
Real estate
easement appurtenant

42. ______ 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.
Special warrantee deeds
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Lot and Block
Real estate Taxes

43. In the term 'Metes and Bounds' - what does the word 'Bounds' mean?
Encroachment
Direction
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Zone A

44. Which of the following can use the right of Eminent Domain?
Public utility and Both the City and County governments
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Lease
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement

45. A lien that would usually take priority would be which of the following: Judgement - Real estate Tax - Mechanics Lien - Mortgage?
Quitclaim deed
Deed recordation
Real estate Tax
Illegal use

46. 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.
The Landlord will receive his payments from Y the Lessee
The Contractor puts a voluntary Lien on the home
The types and density of land use - the present and future use of land - and the frontage and size of building
Police power and eminent domain

47. Zoning regulations are concerned with...
The types and density of land use - the present and future use of land - and the frontage and size of building
Quitclaim deed
17
Direction

48. Which of the following would be included in the 'public limitations on real estate ownership'?
Express easement
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Police power and eminent domain
Leased fee

49. 'runs with the land' - easement that generally transfers automatically when the dominant estate is transferred.
easement appurtenant
Deed
Profit
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights

50. Which of the following is a zoning classification for a subdivision that sets density limits and allows dwellings to be clustered?
Real estate
Lease
Pud
Dominant tenement