rights in real estate

the “bundle of rights” refers to a set of rights

enjoyed by the owner of a property

the right to encumber a property means that the owner can

lease the property

the primary criterion for distinguishing real property from personal property is

whether the item is permanently attached to the land or the structure

the physical limits of land are

the center of the earth and infinite space above the earth

the legal premise underlying the definition of littoral rights is that a lake or sea

is navigable body of water

the conversion of real property to personal effected by detaching it from the real estate is know as

severance

what are the three unique physical characteristics of land

immobile, indestructible, heterogeneous

water rights include the right to

own and use a body of water on the surface of the earth

is included in the bundle of rights inherent in ownership

real property includes ownership of a bundle of rights

a lease is an example of

transfer of a portion of the bundle of rights

littoral rights concern which of the following bodies of water

navigable lakes, seas, and oceans

the judicial system exerts an influence on real estate ownership and use through decisions based on

case law and common law

which of the following is an example of tangible property

real property

real estate includes such things as fences, streets, buildings, wells, sewers, sidewalks, and piers. such man-made structures attached to the land are called

Improvements

which of the following is the primary regulatory entity for the real estate brokerage business

state government

the primary distinction between the legal concepts of land and real estate is that

land does not include man-made structures

what is a fixture

an item of personal property located within the boundaries of a parcel of real estate

surface right, air rights and subsurface rights are

separable

the right to possess and use a property are

limited by what the law allows

who owns the land under a navigable river

owners of properties that abut the river

what is the “doctrine of prior appropriation”

a doctrine that gives the state control of water use and the water supply

which of the following concepts is associated with the term”real property”

bundle of rights

what is an emblement

a plant or crop that is considered personal property

which of the following statements is true regarding a property owners littoral rights

the ownership extends to the high watermark of the body water

which of the following is the best definition of real estate

land and everything permanently attached to it

if a body of water is entirely contained within the boundaries of an owner’s property, the owner would have which of the following rights

Unrestricted rights of usage

what guarantees the right of private ownership of real estate in the United States

the construction

the level of government that is the primary regulatory of the real estate business is

the state

by definition, personal property

is any property that is not real property

an”improvement” is

a structure intended as a permanent attachment to land