Question 1

To be successful under the doctrine of adverse possession,the possession must be continuous.

Accepted Answer

A) True 
 B)False

Question 2

_____ is a duty of care imposed on prospective buyers of real property to exercise reasonable judgment or prudence to inspect property for defects.

Accepted Answer

A) Due diligence 
B) CERCLA 
C) Prior appropriation 
D) Procedural due process 
E) Substantive due process 
A) Due diligence 
B) CERCLA 
C) Prior appropriation 
D) Procedural due process 
E) Substantive due process

Question 3

_____ is a tort in which the tortfeasor unreasonably interferes with the use and quiet enjoyment of the plaintiff's real property.

Accepted Answer

A) Nuisance 
B) Misappropriation 
C) Tortious interference 
D) Invasion of privacy 
E) Abuse of process 
A) Nuisance 
B) Misappropriation 
C) Tortious interference 
D) Invasion of privacy 
E) Abuse of process

Question 4

What are some of the methods of acquisition of real property? Explain any two.

Accepted Answer

Real property may be acquired for owners

Question 5

A fictitious legal person cannot own property.

Accepted Answer

A) True 
 B)False

Question 6

An)_____ statute is a state statutory program that recognizes superior rights in real property to the party who acquired the interest first without notice of other claims.

Accepted Answer

The answer of An)_____ statute is a state statutory program...

Question 7

A covenant is an involuntary restriction on the use of land.

Accepted Answer

A) True 
 B)False

Question 8

A joint tenancy describes an ownership interest in which the surviving owner has:

Accepted Answer

A) separate and distinct shares of the same property. 
B) the right to sell the property during their lifetime,like any other property interest. 
C) the right to deal with the interest in the property during their lifetime,like any other property interest. 
D) unequal interest in the property. 
E) the right of survivorship. 
A) separate and distinct shares of the same property. 
B) the right to sell the property during their lifetime,like any other property interest. 
C) the right to deal with the interest in the property during their lifetime,like any other property interest. 
D) unequal interest in the property. 
E) the right of survivorship.

Question 9

The most common way that real property is acquired is through inheritance.

Accepted Answer

A) True 
 B)False

Question 10

Yellowstone National Park and the Gifford Pinchot National Forest are both examples of:

Accepted Answer

A) public property that is real property. 
B) public property that is personal property. 
C) public property that is intangible. 
D) private property that is real property. 
E) private property that is personal property. 
A) public property that is real property. 
B) public property that is personal property. 
C) public property that is intangible. 
D) private property that is real property. 
E) private property that is personal property.

Question 11

A ______ is a legislative act by a local government entity that restricts the use of land.

Accepted Answer

The answer of A ______ is a legislative act by...

Question 12

What is a quitclaim deed?

Accepted Answer

A quitclaim deed conveys whatever intere

Question 13

What are the differences between tenancy in common and joint tenancy?

Accepted Answer

Several types of co-ownership interests

Question 14

Which of the following is an example of real property?

Accepted Answer

A) iPod 
B) Mineral rights 
C) Virtual stores 
D) Stocks 
E) Patents 
A) iPod 
B) Mineral rights 
C) Virtual stores 
D) Stocks 
E) Patents

Question 15

A tenant may sell or transfer his or her rights without seeking permission from his or her cotenant under:

Accepted Answer

A) right of survivorship 
B) tenancy in common 
C) prior appropriation doctrine 
D) possessory interest. 
E) joint tenancy 
A) right of survivorship 
B) tenancy in common 
C) prior appropriation doctrine 
D) possessory interest. 
E) joint tenancy

Question 16

Because property law is a federal law issue,the restrictions and exclusions regarding the ownership of real property are the same across all states.

Accepted Answer

A) True 
 B)False

Question 17

At various times in the history of the United States,married ____ have not been allowed to own land.

Accepted Answer

The answer of At various times in the history of...

Question 18

An)_____ is a type of mortgage that enables the seller of real property to realize the equity in the property while retaining possession until death,in exchange for ownership interest.

Accepted Answer

A) forward mortgage 
B) home equity loan 
C) home equity credit line 
D) reverse mortgage 
E) conventional mortgage 
A) forward mortgage 
B) home equity loan 
C) home equity credit line 
D) reverse mortgage 
E) conventional mortgage

Question 19

When the benefit of a bailment exists only for the benefit of a bailor,then maximum care is required.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following statements about ownership interests is true?

Accepted Answer

A) In a joint tenancy,the cotenant's consent is not required to transfer one's interests. 
B) Tenancy by the entirety does not include the right of survivorship. 
C) Tenancy in common describes an ownership interest in which the surviving owner has the right of survivorship. 
D) Joint tenancy describes an ownership interest in which both owners have an undivided interest in the property and equal rights of possession. 
E) Cotenants in a tenancy in common have the unilateral right to transfer their interests in property. 
A) In a joint tenancy,the cotenant's consent is not required to transfer one's interests. 
B) Tenancy by the entirety does not include the right of survivorship. 
C) Tenancy in common describes an ownership interest in which the surviving owner has the right of survivorship. 
D) Joint tenancy describes an ownership interest in which both owners have an undivided interest in the property and equal rights of possession. 
E) Cotenants in a tenancy in common have the unilateral right to transfer their interests in property.

To be successful under the doctrine of adverse possession,the possession must be continuous.

_____ is a duty of care imposed on prospective buyers of real property to exercise reasonable judgment or prudence to inspect property for defects.

_____ is a tort in which the tortfeasor unreasonably interferes with the use and quiet enjoyment of the plaintiff's real property.

What are some of the methods of acquisition of real property? Explain any two.

A fictitious legal person cannot own property.

An)_____ statute is a state statutory program that recognizes superior rights in real property to the party who acquired the interest first without notice of other claims.

A covenant is an involuntary restriction on the use of land.

A joint tenancy describes an ownership interest in which the surviving owner has:

The most common way that real property is acquired is through inheritance.

Yellowstone National Park and the Gifford Pinchot National Forest are both examples of:

A ______ is a legislative act by a local government entity that restricts the use of land.

What is a quitclaim deed?

What are the differences between tenancy in common and joint tenancy?

Which of the following is an example of real property?

A tenant may sell or transfer his or her rights without seeking permission from his or her cotenant under:

Because property law is a federal law issue,the restrictions and exclusions regarding the ownership of real property are the same across all states.

At various times in the history of the United States,married ____ have not been allowed to own land.

An)_____ is a type of mortgage that enables the seller of real property to realize the equity in the property while retaining possession until death,in exchange for ownership interest.

When the benefit of a bailment exists only for the benefit of a bailor,then maximum care is required.

Which of the following statements about ownership interests is true?

Introduction to Law

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Litigation

Alternative Dispute Resolution

The Constitution

Contracts

Torts

Intellectual Property

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Exam 8: The Property System

To be successful under the doctrine of adverse possession,the possession must be continuous.

_____ is a duty of care imposed on prospective buyers of real property to exercise reasonable judgment or prudence to inspect property for defects.

_____ is a tort in which the tortfeasor unreasonably interferes with the use and quiet enjoyment of the plaintiff's real property.

What are some of the methods of acquisition of real property? Explain any two.

A fictitious legal person cannot own property.

An)_____ statute is a state statutory program that recognizes superior rights in real property to the party who acquired the interest first without notice of other claims.

A covenant is an involuntary restriction on the use of land.

A joint tenancy describes an ownership interest in which the surviving owner has:

The most common way that real property is acquired is through inheritance.

Yellowstone National Park and the Gifford Pinchot National Forest are both examples of:

A ______ is a legislative act by a local government entity that restricts the use of land.

What is a quitclaim deed?

What are the differences between tenancy in common and joint tenancy?

Which of the following is an example of real property?

A tenant may sell or transfer his or her rights without seeking permission from his or her cotenant under:

Because property law is a federal law issue,the restrictions and exclusions regarding the ownership of real property are the same across all states.

At various times in the history of the United States,married ____ have not been allowed to own land.

An)_____ is a type of mortgage that enables the seller of real property to realize the equity in the property while retaining possession until death,in exchange for ownership interest.

When the benefit of a bailment exists only for the benefit of a bailor,then maximum care is required.

Which of the following statements about ownership interests is true?

Introduction to Law

The Court System

Litigation

Alternative Dispute Resolution

The Constitution

Contracts

Torts

Intellectual Property

Criminal Law

Business Organizations

Employment Discrimination

Business in the Global Legal Environment

Filters