Question 1

 

Multiple Answer

(1.0000 points)

 

Question:

The legal "bundle of rights" for real estate include:
(Check all that apply)

 

 

 

Use
Possession
Control
Quiet enjoyment
Disposition

 

 

Question 2

 

Multiple Answer

(1.0000 points)

 

Question:

Government restricts the ownership of all of the "bundle of rights" for real estate by reserving for the government which of the following?

 

 

 

Police Power
Taxation
Escheat
Eminent domain
Quiet enjoyment

 

 

Question 3

 

Multiple Answer

(1.0000 points)

 

Question:

Economic characteristics of real estate include which of the following?

 

 

 

Markets free of external control
Scarcity
Interdependence or modification
Situs
Long economic life

 

 

Question 4

 

Multiple Answer

(1.0000 points)

 

Question:

Physical characteristics of real estate include which of the following?
(Check all that apply)

 

 

 

Indestructibility
Situs
Non-fungible
Immobility
Heterogeneity

 

 

Question 5

 

Multiple Answer

(1.0000 points)

 

Question:

Important linkages to a residential property include
(Check all that apply)

 

 

 

Access to rail and truck freight lines
Access to work
Schools
Access to attorneys
Shopping