1.       When selling a one-acre “farm”, the landowner must specifically

A.     Reserve the mineral rights therein or else they will automatically pass to the buyer.

B.     Describe the air rights in the deed for the buyer to gain title thereto.

C.     Both A and B.

D.     Neither A nor B.

1.       That which has been added to another thing and which becomes an inherent part of the property is a(n)

A.     Encroachment.

B.     Appurtenance.

C.     Emblement.

D.     Lien.

 A trait that distinguishes real property from personal property is that real property

A.     Can be mortgaged.

B.     Is considered permanent, fixed, and immovable.

C.     Can be freely transferred.

D.     Is always taxed at a higher level.

Which of the following are benefits of ownership under the “bundle of rights” theory?

A.     To use or refrain from using the property with absolute power.

B.     To acquire by escheat, adverse possession, or eminent domain.

C.     To use, lease and dispose of the property subject to burdens of taxation and possible claims of others.

D.     None of the above are true statements.