Champions School of Real Estate Exam Prep National Chapter 1 and 2 Q&A Latest Update
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Champions Real Estate
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Champions Real Estate
Champions School of Real Estate Exam Prep National Chapter 1 and 2 Q&A Latest Update
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| Uploaded on: | May 11, 2025 |
| Last updated: | May 12, 2025 |
| Number of pages: | 15 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Champions School of Real Estate Exam Prep National Chapter 1 and 2 Q&A Latest Update |
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Champions School of Real Estate Exam Prep National Chapter 1 & 2 | Q&A Latest 2025/2026 100% PASS Rights, privileges or improvements that belong to and pass with land. Answer -Appurtenance Man made additions to the land such as buildings and landscaping. Also known as free standing - Answer -Improvements Right or interest in something that is temporary or movable by nature. Also known as chattel or personalty. - Answer -Personal Property Ownership is transferred by... - Answer -Bill of Sale When personal property is included in a sale, an ___________________________ is attached to describe the details of the transaction. It must be very specific. - Answer -Non Realty Item Addendum Was Personal property but it has been attached in such a way that it becomes real property. - Answer -Fixture Process of Attaching - Answer -Annexation The Process of real property becoming personal property - Answer severance
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