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1001 Real Estate Questions (Part 02)

10 February 2010 No Comment

4. Which of the following fixture(s) need not be conveyed automatically?

a) all fixtures in a property

b) trade fixtures sch asfixtures in a cafe, a receptionist counter, cash counter etc

c) fixtures worth more than $500

d) all of the above

5. Generally, land is bought and sold together with

a) burdens like mortgages

b) responsibilities of up-keeping

c) interest

d) all of the above

6. Which is/are important characteristic(s) of interests in lan?

a) They are irrevocable

b) They are binding on third parties

c) They are assignable

d) all of the above

Suggested answers will be published in the subsequent 1001 Real Estate Questions (Part 03)

Previous Part 01 answers:

Q1: d

Q2: c

Q3: a

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