Basic Questions Flashcards
7 cards from real Arizona Real Estate License practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Basic Questions flashcards as text
What term describes ownership of land plus everything permanently attached to it?
Answer: Real property
Real property includes land and everything permanently attached to it.
A fixture is best described as an item that was once personal property but is now:
Answer: Permanently attached to real property
A fixture is personal property that has become attached to real property and is treated as part of it.
Which type of ownership includes the right of survivorship?
Answer: Joint tenancy
Joint tenancy carries the right of survivorship, passing a deceased owner's share to surviving owners.
Arizona is which type of property state for married couples?
Answer: Community property
Arizona is a community property state, so most property acquired during marriage is jointly owned.
What is an encumbrance on a property?
Answer: A claim or liability that affects the title
An encumbrance is a claim, lien, or liability that burdens or affects the title to property.
Which of the following is a form of involuntary lien?
Answer: Property tax lien
A property tax lien is placed involuntarily by the government for unpaid taxes.
The bundle of rights in real property includes the right to do all EXCEPT:
Answer: Violate zoning laws
The bundle of rights does not permit an owner to violate lawful zoning or government restrictions.