Question 1

If a piece of property is divided and one portion is landlocked as a result,an easement by ________ is created.

Accepted Answer

A)  Prescription
B)  Implication
C)  Requirement
D)  Necessity
E)  Express needF) D) and E)
G) A) and E)

Question 2

Which type of deed is the most commonly used deed to transfer property,and contains certain promises by the grantor?

Accepted Answer

A)  Quitclaim
B)  Approved
C)  Specific
D)  General warranty
E)  Special warrantyF) A) and D)
G) A) and E)

Question 3

Sam openly used a trail on Kathy's farm to go fishing at the river for 30 years.Kathy knew that he did so.She became angry at him over an event at the Senior Citizen's Center and told him that he could no longer cut across her farm.What legal recourse,if any,would Sam have,and why?

Accepted Answer

Sam should claim an easement by prescrip...

Question 4

Joint tenancy is the term used to describe co-ownership of property by married couples.

Accepted Answer

A) True 
 B)False

Question 5

What must a properly drafted deed include?

Accepted Answer

To be properly draft...

Question 6

A ________ deed carries no warranties,and the grantor simply conveys whatever interests he or she holds.

Accepted Answer

A)  General warranty
B)  Approved
C)  Quitclaim
D)  Specific
E)  Special warrantyF) A) and D)
G) A) and C)

Question 7

Which of the following is false regarding property interests in Vietnam?

Accepted Answer

A)  A new owner can never be given a longer term of right or more extensive rights over the land than the original owner had.
B)  Transference of property can occur only with the approval of a state official.
C)  If an individual wants to use land,he or she must pay tax on it as a form of rent.
D)  The transferring owner determines the price for which property will be transferred.
E)  The constitution asserts that the state owns all the land.F) B) and C)
G) None of the above

Question 8

An easement or profit is ________ when it runs with the land adjacent to the property on which it exists.

Accepted Answer

A)  Express
B)  Adjoining
C)  In gross
D)  Prevailing
E)  AppurtenantF) B) and C)
G) A) and E)

Question 9

Restrictive covenants are promises to use or not use land in particular ways.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is the document that directs a condominium association?

Accepted Answer

A)  Agreement of Association Rights and Duties
B)  Condominium Governing Agreement
C)  Acknowledgement of Ownership and Restrictions
D)  Declaration of Covenants,Conditions and Restrictions
E)  Contract of Recognition and AssociationF) B) and E)
G) C) and D)

Question 11

Did Jaston violate the lease agreement by subleasing the property without permission?

Accepted Answer

A)  No,unless subleasing was specifically prohibited by the lease.
B)  Yes,a tenant must have the landlord's permission to sublease property.
C)  No,a tenant who rents commercial property may sublease property without the landlord's permission.
D)  No,a tenant is always allowed to sublease property as long as payment of rent is timely and complete.
E)  Yes,unlike residential tenants,commercial tenants must have the landlord's written permission to sublease any portion of property.F) A) and C)
G) C) and D)

Question 12

In which of the following do all tenants own equal shares of the property with the property divided equally among surviving joint owners upon the death of one tenant?

Accepted Answer

A)  Joined tenancy
B)  True tenancy
C)  Tenancy in common
D)  Group tenancy
E)  Joint tenancyF) A) and D)
G) A) and C)

Question 13

A title which has a lien on it would not be a marketable title.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following refers to land and everything permanently attached to it?

Accepted Answer

A)  Listed property
B)  Personal property
C)  Fee property
D)  Real property
E)  Absolute propertyF) A) and E)
G) D) and E)

Question 15

Unreasonable zoning may constitute a constructive taking of property by the government.

Accepted Answer

A) True 
 B)False

Question 16

In most states,a broker cannot act as an agent for both buyer and seller unless both parties consent.

Accepted Answer

A) True 
 B)False

Question 17

Kendall,who just moved into his new farm,notices his neighbor comes onto Kendall's property every Sunday morning,goes fishing at the lake,and picks apples from Kendall's apple tree.Kendall is aware that the neighbor has an easement to cross his property to access the lake,but the neighbor tells Kendall he can take as many apples as he wants.Is the neighbor correct?

Accepted Answer

A)  Yes,but only if the apple trees are part of the land included in the easement.
B)  No,although the easement gives the neighbor a right to use the land,he cannot take as many apples as he wants.
C)  No,although the easement gives the neighbor a right to use the land,he cannot take anything from it.
D)  Yes,an easement is an irrevocable right to use another's land.
E)  Yes,but only if the easement was properly recorded.F) A) and B)
G) A) and C)

Question 18

[Majestic Mansion] Akira inherited her family's mansion in the mountains from her grandmother.Akira lives in the mansion with her sister,Kitara.Their grandmother's will states that Akira inherits the mansion so long as she does not alter the exterior,and if she did,the mansion would belong to the historical society.The will also states that Kitara can live in the mansion for the rest of her life.Akira decides to place an addition on the mansion,and she knocks down one side of the building to add a modern-style wing.Akira's sister,Kitara,is upset that their grandmother left the mansion to Akira,and,when she discovers the construction,she tells Akira that Akira is no longer the owner of the mansion.
-What type of ownership interest does Akira have in the mansion?

Accepted Answer

A)  Fee Simple Absolute.
B)  Life Estate.
C)  Conditional Estate
D)  Simple Conditional Estate.
E)  Simple Estate.F) A) and C)
G) C) and D)

Question 19

Which of the following is the legal process by which a transfer of property is made by a governmental entity against the protest of the property owner?

Accepted Answer

A)  Publication
B)  Substitution
C)  Appropriation
D)  Condemnation
E)  AllocationF) D) and E)
G) A) and B)

Question 20

Kimi has lived in a small house for thirty years.The house is owned by her boyfriend,Marlon,who died twenty-one years ago.Marlon's son,Oslo,now wants to retire and wants Kimi out of the house,but Kimi claims it belongs to her,since Oslo never complained about her living there.The adverse possession law in their state is twenty years.Who is the owner of the house?

Accepted Answer

A)  Oslo,unless Kimi had permission to live in the house.
B)  Oslo,since Kimi does not satisfy the requirements of adverse possession.
C)  Oslo,since Kimi was required to record the adverse possession.
D)  Kimi because she has lived in the house openly and without the owner's permission for twenty years.
E)  Oslo,since Kimi and Marlon were not married.F) B) and E)
G) B) and C)

Exam 49: Real Property

Unreasonable zoning may constitute a constructive taking of property by the government.

Correct Answer
verified

Correct Answer
verified

What must a properly drafted deed include?

Correct Answer
verified
To be properly draft...
View Answer

Correct Answer
verified

Sam openly used a trail on Kathy's farm to go fishing at the river for 30 years.Kathy knew that he did so.She became angry at him over an event at the Senior Citizen's Center and told him that he could no longer cut across her farm.What legal recourse,if any,would Sam have,and why?

Correct Answer
verified
Sam should claim an easement by prescrip...
View Answer

Which of the following is the legal process by which a transfer of property is made by a governmental entity against the protest of the property owner?

Correct Answer
verified

Which of the following refers to land and everything permanently attached to it?

Correct Answer
verified

Correct Answer
verified

Which of the following is the document that directs a condominium association?

Correct Answer
verified

Restrictive covenants are promises to use or not use land in particular ways.

Correct Answer
verified

A ________ deed carries no warranties,and the grantor simply conveys whatever interests he or she holds.

Correct Answer
verified

If a piece of property is divided and one portion is landlocked as a result,an easement by ________ is created.

Correct Answer
verified

An easement or profit is ________ when it runs with the land adjacent to the property on which it exists.

Correct Answer
verified

Which type of deed is the most commonly used deed to transfer property,and contains certain promises by the grantor?

Correct Answer
verified

Did Jaston violate the lease agreement by subleasing the property without permission?

Correct Answer
verified

A title which has a lien on it would not be a marketable title.

Correct Answer
verified

In which of the following do all tenants own equal shares of the property with the property divided equally among surviving joint owners upon the death of one tenant?

Correct Answer
verified

In most states,a broker cannot act as an agent for both buyer and seller unless both parties consent.

Correct Answer
verified

Joint tenancy is the term used to describe co-ownership of property by married couples.

Correct Answer
verified

Which of the following is false regarding property interests in Vietnam?

Correct Answer
verified

Exam 49: Real Property

Unreasonable zoning may constitute a constructive taking of property by the government.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

What must a properly drafted deed include?

Correct AnswerverifiedTo be properly draft...View AnswerShow Answer

Correct AnswerverifiedShow Answer

Sam openly used a trail on Kathy's farm to go fishing at the river for 30 years.Kathy knew that he did so.She became angry at him over an event at the Senior Citizen's Center and told him that he could no longer cut across her farm.What legal recourse,if any,would Sam have,and why?

Correct AnswerverifiedSam should claim an easement by prescrip...View AnswerShow Answer

Which of the following is the legal process by which a transfer of property is made by a governmental entity against the protest of the property owner?

Correct AnswerverifiedShow Answer

Which of the following refers to land and everything permanently attached to it?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following is the document that directs a condominium association?

Correct AnswerverifiedShow Answer

Restrictive covenants are promises to use or not use land in particular ways.

Correct AnswerverifiedShow Answer

A ________ deed carries no warranties,and the grantor simply conveys whatever interests he or she holds.

Correct AnswerverifiedShow Answer

If a piece of property is divided and one portion is landlocked as a result,an easement by ________ is created.

Correct AnswerverifiedShow Answer

An easement or profit is ________ when it runs with the land adjacent to the property on which it exists.

Correct AnswerverifiedShow Answer

Which type of deed is the most commonly used deed to transfer property,and contains certain promises by the grantor?

Correct AnswerverifiedShow Answer

Did Jaston violate the lease agreement by subleasing the property without permission?

Correct AnswerverifiedShow Answer

A title which has a lien on it would not be a marketable title.

Correct AnswerverifiedShow Answer

In which of the following do all tenants own equal shares of the property with the property divided equally among surviving joint owners upon the death of one tenant?

Correct AnswerverifiedShow Answer

In most states,a broker cannot act as an agent for both buyer and seller unless both parties consent.

Correct AnswerverifiedShow Answer

Joint tenancy is the term used to describe co-ownership of property by married couples.

Correct AnswerverifiedShow Answer

Which of the following is false regarding property interests in Vietnam?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
To be properly draft...
View Answer

Correct Answer
verified

Correct Answer
verified
Sam should claim an easement by prescrip...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified