Exam 21: Interests in Land and Their Transfer
Exam 1: Law, society, and Business60 Questions
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Exam 5: Professional Liability: the Legal Challenges58 Questions
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Exam 11: Privity of Contract and the Assignment of Contractual Rights59 Questions
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Exam 13: Breach of Contract and Its Remedies109 Questions
Exam 14: Sale of Goods and Consumer Contracts84 Questions
Exam 15: Bailment and Leasing70 Questions
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Exam 21: Interests in Land and Their Transfer50 Questions
Exam 22: Landlord and Tenant63 Questions
Exam 23: Mortgages of Land and Real Estate Transactions47 Questions
Exam 24: Sole Proprietorships and Partnerships59 Questions
Exam 25: The Nature of a Corporation and Its Formation65 Questions
Exam 26: Corporate Governance: the Internal Affairs of Corporations56 Questions
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Exam 28: Secured Transactions52 Questions
Exam 29: Creditors Rights57 Questions
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Michael has been in adverse possession of a home for close to 30 years.Assume that the limitation period for adverse possession is 31 years and that a few months before the end of the thirtieth year the owner returns to the property and demands rent from Michael,which Michael pays.Explain the effect on Michael's adverse possession.
(Essay)
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Jack and Mary owned their matrimonial home as joint tenants.Approximately two weeks before he passed away,Jack prepared a new document that transferred his interest in the home to his sister Janet.Jack's conduct is known as
(Multiple Choice)
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Explain the distinction between a tenancy in common and a joint tenancy.
(Essay)
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To seize to hold and sell land in order to realize the amount due under a judgment registered against the owner is
(Multiple Choice)
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Erin and Oliver own their house as joint tenants.Erin makes a will leaving her interest in the house to her parents; Oliver makes a will leaving his interest in the house to his parents.Erin and Oliver are both killed as a result of a car accident.Erin dies one week before Oliver.Her interest in the house will pass to her parents.
(True/False)
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These days,it is wise for a purchaser of real property to obtain title insurance.Explain.
(Essay)
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Jack buys a farm house.The day after he buys the home he sees Joseph,another farmer,walking over his property with a pail,towards a nearby stream.Jack is angry that Joseph is walking over his land and he tells Joseph not to do so.Joseph tells him that he has a right to walk over the land to fetch water from the stream.Joseph tells Jack that the right has existed since Joseph's great-grandfather purchased the property.This means that Jack's property is a
(Multiple Choice)
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Michael has been in adverse possession of a home for close to 30 years.Assume that the limitation period for adverse possession is 31 years and that a few months before the end of the thirtieth year the owner returns to the property and demands rent from Michael,which Michael pays.This means that adverse possession has been interrupted and the limitation period will start to run again.
(True/False)
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