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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...
Avulsion
Tenants in common
Illegal use
The types and density of land use - the present and future use of land - and the frontage and size of building
2. What is the method of legal description that is used in subdivisions?
Lot and Block
The types and density of land use - the present and future use of land - and the frontage and size of building
Reliction
Renewal option
3. 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
Mortgage
Police power and eminent domain
Deed recordation
4. In which flood hazard boundary map is the greatest hazard?
Lot and Block
Taxation - Eminent domain and Police power
Profit
Zone A
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
Tenants in common
Floating easement
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Legal forces
6. 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
Reliction
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
does not give constructive notice
7. ______ 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.
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
17
Real estate
Special warrantee deeds
8. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
Lease
Co-op
Deed recordation
Eminent domain
9. Public limitations on free exercise of private property are...
Taxation - Eminent domain and Police power
Taxation
Deed
Deed recordation
10. 'runs with the land' - easement that generally transfers automatically when the dominant estate is transferred.
easement appurtenant
Accredition
The Landlord will receive his payments from Y the Lessee
Mortgage
11. 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...
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Encroachment
Real estate Taxes
Any method for bringing wasted natural resources into productive use
12. 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?
Special warrantee deeds
Escheat
Quitclaim deed
Reliction
13. 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 ___
Public utility and Both the City and County governments
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Deed
Legal forces
14. Which of the following is a zoning classification for a subdivision that sets density limits and allows dwellings to be clustered?
Co-op
Pud
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
15. 'X' leased his property to 'Y' - who in turn sub-leased the property to 'Z'. Which of the following Statements is true.
Taxation - Eminent domain and Police power
Profit
The Landlord will receive his payments from Y the Lessee
Deed
16. 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?
Accredition
The types and density of land use - the present and future use of land - and the frontage and size of building
17.5
Reliction
17. Reclamation is defined as...
Any method for bringing wasted natural resources into productive use
Dominant tenement
Accredition
The Contractor puts a voluntary Lien on the home
18. In the term 'Metes and Bounds' - what does the word 'Bounds' mean?
Taxation
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Direction
Police power
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
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Deed recordation
Zone A
The Landlord will receive his payments from Y the Lessee
20. If a property tax rate is 1.7% of assessed value - what would the mill rate be?
17
Co-op
Legal forces
Profit
21. When a lease is created - the appropriate term for the tenant's benefit is...
Boundaries
Public utility and Both the City and County governments
Escheat
Leasehold
22. When the government has the right to levy taxes on real property this is called...
Taxation
Direction
Express easement
easement appurtenant
23. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
The Contractor puts a voluntary Lien on the home
Deed recordation
Real estate Taxes
Time share
24. (an) Esement defined in general terms - without a definite location or description
Floating easement
Leased fee
Joint Tenants
Pud
25. When the government regulates the land use for the good of the public - this is called...
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
The Contractor puts a voluntary Lien on the home
Deed
Police power
26. A lien that would usually take priority would be which of the following: Judgement - Real estate Tax - Mechanics Lien - Mortgage?
Mortgage
easement appurtenant
Time share
Real estate Tax
27. 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
Public utility and Both the City and County governments
Special warrantee deeds
Joint Tenants
28. Which is the superior lien?: First Mortgage - IRS Tax Lien - merchants lien - Real estate Taxes
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Real estate Taxes
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Taxation
29. 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 ___
does not give constructive notice
Legal forces
Lease
Public utility and Both the City and County governments
30. For the past several years - high waters have been dumping substantial amounts of soil onto Doug's property. This event is known as...
Accredition
Dominant tenement
Any method for bringing wasted natural resources into productive use
does not give constructive notice
31. 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.
Eminent domain
The Contractor puts a voluntary Lien on the home
Deed recordation
Co-op
32. In site analysis - an appraiser needs a deed description to determine...
easement appurtenant
Taxation - Eminent domain and Police power
The Landlord will receive his payments from Y the Lessee
Boundaries
33. 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
Police power
Tax Description
Renewal option
Mortgage
34. Which is the superior lien?
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
Profit
Real estate Tax
Real estate Taxes
35. A mortgage that has not been recorded or registered in the county in which the real estate is located...
Real estate Taxes
does not give constructive notice
Deed
Any method for bringing wasted natural resources into productive use
36. Which of the following major forces of influence on real estate value covers zoning?
Legal forces
Deed recordation
Accredition
Any method for bringing wasted natural resources into productive use
37. 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...
Tenants in common
Deed
Joint Tenants
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
38. In area analysis - some examples of political-governmental factors which influence the price of homes are...
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
Express easement
Lease
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
39. (Legal interest)The right to remove something from another's land such as minerals etc. is commonly called...
Real estate
Profit
Public utility and Both the City and County governments
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
40. Land that benefits from an easement on another property...
Dominant tenement
Deed recordation
Lease
17
41. What is the term that means 'going to the state'?
Co-op
Tenants in common
Floating easement
Escheat
42. 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.
Express easement
Tax Description
Lease
Profit
43. The right of a government or its agent to expropriate private property for public use - with payment of compensation.
Accredition
Avulsion
Eminent domain
Floating easement
44. Which of the following major forces of influence on real estate value covers supply and demand of housing?
Legal forces
Escheat
Economic forces
The Contractor puts a voluntary Lien on the home
45. A loan that would be secured by the real property is called...
Mortgage
Direction
Leasehold
Taxation
46. Zoning regulations are concerned with...
Taxation
Floating easement
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
47. immobile - heterogeneous and has long asset life?
Accredition
Avulsion
Tenants in common
Real estate
48. Which of the following best describes installment or land contract?
Lot and Block
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
does not give constructive notice
Police power and eminent domain
49. Which of the following would be included in the 'public limitations on real estate ownership'?
Zone A
Avulsion
Police power and eminent domain
The types and density of land use - the present and future use of land - and the frontage and size of building
50. 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
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Tenants in common
Profit
Lot and Block