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Welcome > Resources > Trivia ...
I've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun...
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What land did the U.S. Government buy for $7.2 million?
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The U.S. bought all of Russian America (Alaska) from the Russian Czar in March 1867.
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Why is the Terra Amata site in Nice, France famous?
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Remains of 21 huts found in 1965 are thought to be the oldest known habitation from the Acheulian culture 400,000 years ago.
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Which home is considered the ultimate in California craftsman-style architecture?
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Located in Pasadena, the Gamble House, built in 1908 by Charles and Henry Greene, is a National Historic Home open to visitors.
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What is considered to be one of the soundest long-term investments?
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Real estate has a long-term record of strong investment return and is a driving force of the national economy.
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Legend has it that when Brigham Young first saw this city in 1847, he exclaimed: "This is the place!"
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Salt Lake City, Utah.
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Estate Trivia >
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Real Estate Contracts >Personal Property
When you purchase a property, it usually includes the land and everything attached to it, such as buildings, trees, shrubs, etc. Most buyers are only interested in purchasing the real estate, not the owner's personal property. What happens when personal property has become a part of the real estate? Is it actually a "fixture" which will now convey to the buyer with the real estate?
There are three tests which usually need to be satisfied. Has the personal property been permanently annexed to the real estate? Is it intended to become part of the real estate? What is the local custom? Fixtures may include shades, heaters, ranges, screens, storm windows, lighting fixtures, etc. To save misunderstanding at the closing--and perhaps the sale--it is important that the seller spell out specifically in the sales agreement what will go to the buyer as part of the property.
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