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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. Which of the following major forces of influence on real estate value covers supply and demand of housing?
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
Economic forces
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights

2. 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 Contractor puts a voluntary Lien on the home
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
Pud

3. When a lease is created - the appropriate term for the tenant's benefit is...
Real estate Taxes
Real estate Taxes
Leasehold
Police power

4. 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
Police power and eminent domain
17.5
Avulsion

5. Public limitations on free exercise of private property are...
Floating easement
Joint Tenants
Mortgage
Taxation - Eminent domain and Police power

6. 'runs with the land' - easement that generally transfers automatically when the dominant estate is transferred.
The Landlord will receive his payments from Y the Lessee
Any method for bringing wasted natural resources into productive use
easement appurtenant
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.

7. Zoning regulations are concerned with...
Deed recordation
17
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
The types and density of land use - the present and future use of land - and the frontage and size of building

8. The Smith's converted their garage into an apartment for an elderly relative without government approval. This would be an example of...
Taxation
Tenants in common
The Landlord will receive his payments from Y the Lessee
Illegal use

9. If a property tax rate is 1.7% of assessed value - what would the mill rate be?
17
Deed recordation
Mortgage
Real estate Tax

10. What is the method of legal description that is used in subdivisions?
Taxation - Eminent domain and Police power
Lot and Block
Leased fee
Pud

11. ______ 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.
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
The types and density of land use - the present and future use of land - and the frontage and size of building
Pud
Special warrantee deeds

12. When the government regulates the land use for the good of the public - this is called...
The types and density of land use - the present and future use of land - and the frontage and size of building
Any method for bringing wasted natural resources into productive use
Boundaries
Police power

13. 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
easement appurtenant
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.

14. In which flood hazard boundary map is the greatest hazard?
Profit
Zone A
17.5
Taxation

15. Land that benefits from an easement on another property...
Dominant tenement
Eminent domain
Taxation
Mortgage

16. Which is the superior lien?: First Mortgage - IRS Tax Lien - merchants lien - Real estate Taxes
Real estate Taxes
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Real estate Tax
The types and density of land use - the present and future use of land - and the frontage and size of building

17. If a owner has a partial ownership or a lease for a specified amount of time - this would be called 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
Taxation - Eminent domain and Police power
Deed recordation
Time share

18. 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
Mortgage
17
Express easement
Tenants in common

19. What is the term that means 'going to the state'?
Time share
Escheat
The River Real esatate tycoons hold the Dominant tenement and Bayou Burger joint holds the Servient tenement
Zone A

20. 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 ___
Deed
17
does not give constructive notice
Taxation

21. 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
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
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
The Landlord will receive his payments from Y the Lessee

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
Floating easement
Direction
Taxation - Eminent domain and Police power

23. Which of the following can use the right of Eminent Domain?
easement appurtenant
Real estate
Public utility and Both the City and County governments
Time share

24. immobile - heterogeneous and has long asset life?
Reliction
Real estate
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 and eminent domain

25. (Legal interest)The right to remove something from another's land such as minerals etc. is commonly called...
Deed recordation
Profit
Reliction
17.5

26. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
The types and density of land use - the present and future use of land - and the frontage and size of building
Deed recordation
Escheat
Special warrantee deeds

27. Which of the following major forces of influence on real estate value covers zoning?
Profit
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Real estate Taxes
Legal forces

28. In site analysis - an appraiser needs a deed description to determine...
Police power
Boundaries
Leasehold
The Landlord will receive his payments from Y the Lessee

29. '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
Lot and Block
Economic forces
17

30. (an) Esement defined in general terms - without a definite location or description
The Contractor puts a voluntary Lien on the home
The Landlord will receive his payments from Y the Lessee
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
Floating easement

31. A lien that would usually take priority would be which of the following: Judgement - Real estate Tax - Mechanics Lien - Mortgage?
Floating easement
Taxation - Eminent domain and Police power
17
Real estate Tax

32. 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
Eminent domain
Deed recordation
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.
Economic forces

33. 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
The Contractor puts a voluntary Lien on the home
Real estate Taxes
Express easement

34. 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 ___
17
Lease
Avulsion
Deed recordation

35. 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...
17
Joint Tenants
The Landlord will receive his payments from Y the Lessee
Quitclaim deed

36. 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
Taxation - Eminent domain and Police power
Avulsion
Renewal option

37. When a lease is created - the appropriate term for the owner's benefit is...
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Joint Tenants
Leased fee
17

38. Which of the following best describes installment or land contract?
Escheat
Taxation - Eminent domain and Police power
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights
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

39. 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
Express easement
Profit
Deed

40. A loan that would be secured by the real property is called...
Accredition
Profit
Real estate Tax
Mortgage

41. In the term 'Metes and Bounds' - what does the word 'Bounds' mean?
Zone A
Boundaries
Direction
The Contractor puts a voluntary Lien on the home

42. When any interest possessed by the grantor is conveyed to the grantee - without any warranties this is called...
Real estate Taxes
Leased fee
Quitclaim deed
Lot and Block

43. 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?
Taxation
Reliction
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Leased fee

44. A mortgage that has not been recorded or registered in the county in which the real estate is located...
Joint Tenants
does not give constructive notice
17
Zone A

45. When the government has the right to levy taxes on real property this is called...
Police power and eminent domain
Legal forces
easement appurtenant
Taxation

46. Which of the following would be included in the 'public limitations on real estate ownership'?
Any method for bringing wasted natural resources into productive use
Pud
Police power and eminent domain
The River Real esatate tycoons dominat tenement was destroyed with the Bayou Burger joint.

47. Reclamation is defined as...
Any method for bringing wasted natural resources into productive use
Police power
Taxation - Eminent domain and Police power
Boundaries

48. One source of data for use in the comparable sales approach - is deed recordings. Which of the following is/are true?
Recorded deeds contain information on the legal description - date of transfer - grantor - grantee - encumbrances and deed restrictions.
Direction
Escheat
Taxation

49. The recording of a deed that provides everyone with a notice that a valid conveyance has occurred is called...
Deed recordation
Taxation
Using the principle of Chattel - The appraiser did not include the washer and furniture in the final estimate of value
Access to Police and Fire protection - Access to recreation and schools - Planning Zoning - and Subdivision rights

50. Which of the following would not be considered a commonly accepted form of a 'Legal Description'?
Real estate Taxes
does not give constructive notice
Tax Description
Police power