Exam 38: Real Property, Landlord-Tenant Law, and Land Use Regulation

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The original tenant who transfers some or all of his rights under a lease is known as a(n)________.

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A

The passing of title from a seller to a buyer for a price is known as a(n)________.

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D

The ________ is an assurance that provides that leased premises must be fit,safe,and suitable for ordinary residential use.

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B

The rights to the earth located beneath the surface of the land are known as ________.

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Which of the following is a form of co-ownership that disallows the right of survivorship and allows unilateral transfer of interest?

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________ is a title to real property that is free from any encumbrances or other defects that are not disclosed but would affect the value of the property.

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A tenancy created when a lease specifies intervals at which payments are due but does not specify how long the lease is for is known as a ________.

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A ________ is a type of ownership of real property that grants the owner the fullest bundle of legal rights that a person can hold in real property.

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Property that is acquired through gift or inheritance either before or during marriage remains separate property.

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Which of the following best describes air rights?

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A(n)________ is issued by the courts to the rightful owner following the Torrens method of determining title to the real property.

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A ________ is an interest in real property that lasts for a specified person's lifetime.

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If the sale agreement is silent as to whether an item is a fixture,the item is treated as a fixture.

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A landlord enters into a lease whereby he rents his apartment for a period of two years.However,the tenant remains in the apartment for longer than the stipulated period.What type of tenancy is this,and what is the best course of action that the landlord can take in order to regain possession of his property?

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A tenancy in common may be created by express words.

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The transfer by a tenant of all of his or her rights under a lease to another party is known as an ________.

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The Fair Housing Act of 1968 is especially applicable to a person who owns a building of four or fewer units and occupies one of the units and leases the others.

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A common form of ownership in a multiple-dwelling building in which the purchaser has title to the individual unit and owns the common areas as a tenant in common with the other owners is called a ________.

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If a landowner believes that a zoning ordinance is illegal or that it has been unlawfully applied to his or her property,he or she may institute a court proceeding seeking judicial review of the ordinance or its application.

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A life estate that is measured by the life of a third party is known as ________.

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