Question 1

Regarding breached agreements,which term is used when one is required to lessen or minimize the damage?

Accepted Answer

A)  Contravene mitigation 
B)  Contract mitigation 
C)  Damage control 
D)  Mediation of damages 
A)  Contravene mitigation 
B)  Contract mitigation 
C)  Damage control 
D)  Mediation of damages

Question 2

Match the most appropriate term to the definition.
-Multiple ownership property interest with the right of survivorship

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 3

Usually,if an event destroys a property during a pending sale through no fault of the seller,the liability becomes a shared responsibility for the buyer and seller.
​

Accepted Answer

A) True 
 B)False

Question 4

Fee simple is designed to prohibit transients and squatters from claiming title to property.

Accepted Answer

A) True 
 B)False

Question 5

Match the most appropriate term to the definition.
-Requirement applicable to all sales of real property

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 6

Match the most appropriate term to the definition.
-Ownership interest in every part of property

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 7

Match the most appropriate term to the definition.
-Does not include the right to transfer ownership of property

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 8

Because of lack of ownership,tenants are not entitled to the right of quiet enjoyment.

Accepted Answer

A) True 
 B)False

Question 9

Property that has become separated from its owner either accidentally or involuntary is known as

Accepted Answer

A)  alienated property. 
B)  estranged property. 
C)  lost property. 
D)  neglected property. 
A)  alienated property. 
B)  estranged property. 
C)  lost property. 
D)  neglected property.

Question 10

With regard to buyers' and sellers' rights,the courts apply the theory of caveat emptor.

Accepted Answer

A) True 
 B)False

Question 11

Match the most appropriate term to the definition.
-Is typically a landlord-tenant situation

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 12

Match the most appropriate term to the definition.
-Legal cause of action to retrieve property wrongfully held by another

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 13

Which refers to an individual who enters or remains on the property with no certain terms of agreement?

Accepted Answer

A)  Month-to-month tenant 
B)  Indefinite occupant 
C)  Tenant at will 
D)  Trespasser at large 
A)  Month-to-month tenant 
B)  Indefinite occupant 
C)  Tenant at will 
D)  Trespasser at large

Question 14

Match the most appropriate term to the definition.
-One permitted by law to defeat ownership of another in property as the result of ongoing control of the property

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Question 15

Defensible fees are those that end ownership on the happening of a certain event.

Accepted Answer

A) True 
 B)False

Question 16

Forced share estates give the property owner the right to totally control the property for his or her lifetime.

Accepted Answer

A) True 
 B)False

Question 17

A condominium is an example of

Accepted Answer

A)  freehold asset. 
B)  freehold interest. 
C)  incorporeal interest. 
D)  tenancy interest. 
A)  freehold asset. 
B)  freehold interest. 
C)  incorporeal interest. 
D)  tenancy interest.

Question 18

Which is the basis for action when one party receives possession of the property of another and wrongfully holds the property?

Accepted Answer

A)  Conversion 
B)  Reciprocal bailment 
C)  Replevin 
D)  Tenancy at will 
A)  Conversion 
B)  Reciprocal bailment 
C)  Replevin 
D)  Tenancy at will

Question 19

Which term is used when there is a direct adverse effect on specific persons?

Accepted Answer

A)  Bona fide nuisance 
B)  General nuisance 
C)  Private nuisance 
D)  Public nuisance 
A)  Bona fide nuisance 
B)  General nuisance 
C)  Private nuisance 
D)  Public nuisance

Question 20

Match the most appropriate term to the definition.
-Placing an object with no intent to retrieve it

Accepted Answer

A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost 
A) adverse possession 
B) statute of frauds 
C) joint tenancy 
D) easement 
E) remainder
F)mislaid property
G)habitability
H)tenancy in common
I)abandoned property
J)mutual benefit bailment
K)gratuitous bailment
L)life estate
M)condominiums
N)replevin
O)nonfreehold estate
P)fixture
Q)fee simple
R)undivided interest
S)due care
T)lost

Regarding breached agreements,which term is used when one is required to lessen or minimize the damage?

Match the most appropriate term to the definition. -Multiple ownership property interest with the right of survivorship

Usually,if an event destroys a property during a pending sale through no fault of the seller,the liability becomes a shared responsibility for the buyer and seller.

Fee simple is designed to prohibit transients and squatters from claiming title to property.

Match the most appropriate term to the definition. -Requirement applicable to all sales of real property

Match the most appropriate term to the definition. -Ownership interest in every part of property

Match the most appropriate term to the definition. -Does not include the right to transfer ownership of property

Because of lack of ownership,tenants are not entitled to the right of quiet enjoyment.

Property that has become separated from its owner either accidentally or involuntary is known as

With regard to buyers' and sellers' rights,the courts apply the theory of caveat emptor.

Match the most appropriate term to the definition. -Is typically a landlord-tenant situation

Match the most appropriate term to the definition. -Legal cause of action to retrieve property wrongfully held by another

Which refers to an individual who enters or remains on the property with no certain terms of agreement?

Match the most appropriate term to the definition. -One permitted by law to defeat ownership of another in property as the result of ongoing control of the property

Defensible fees are those that end ownership on the happening of a certain event.

Forced share estates give the property owner the right to totally control the property for his or her lifetime.

A condominium is an example of

Which is the basis for action when one party receives possession of the property of another and wrongfully holds the property?

Which term is used when there is a direct adverse effect on specific persons?

Match the most appropriate term to the definition. -Placing an object with no intent to retrieve it

The Historical Basis and Current Structure of the American Legal System

The Courts

Legislation

The Executive Branch and Administrative Authority

Substantive and Procedural Issues

Jurisdiction

The Legal Professional

The Law of Ethics

Torts

Family Law

Estates and Probate

The Law of Contracts

The Law of Business

Criminal Law

Criminal Procedure

Filters

Exam 12: Property Law

Regarding breached agreements,which term is used when one is required to lessen or minimize the damage?

Match the most appropriate term to the definition. -Multiple ownership property interest with the right of survivorship

Usually,if an event destroys a property during a pending sale through no fault of the seller,the liability becomes a shared responsibility for the buyer and seller. ​

Fee simple is designed to prohibit transients and squatters from claiming title to property.

Match the most appropriate term to the definition. -Requirement applicable to all sales of real property

Match the most appropriate term to the definition. -Ownership interest in every part of property

Match the most appropriate term to the definition. -Does not include the right to transfer ownership of property

Because of lack of ownership,tenants are not entitled to the right of quiet enjoyment.

Property that has become separated from its owner either accidentally or involuntary is known as

With regard to buyers' and sellers' rights,the courts apply the theory of caveat emptor.

Match the most appropriate term to the definition. -Is typically a landlord-tenant situation

Match the most appropriate term to the definition. -Legal cause of action to retrieve property wrongfully held by another

Which refers to an individual who enters or remains on the property with no certain terms of agreement?

Match the most appropriate term to the definition. -One permitted by law to defeat ownership of another in property as the result of ongoing control of the property

Defensible fees are those that end ownership on the happening of a certain event.

Forced share estates give the property owner the right to totally control the property for his or her lifetime.

A condominium is an example of

Which is the basis for action when one party receives possession of the property of another and wrongfully holds the property?

Which term is used when there is a direct adverse effect on specific persons?

Match the most appropriate term to the definition. -Placing an object with no intent to retrieve it

The Historical Basis and Current Structure of the American Legal System

The Courts

Legislation

The Executive Branch and Administrative Authority

Substantive and Procedural Issues

Jurisdiction

The Legal Professional

The Law of Ethics

Torts

Family Law

Estates and Probate

The Law of Contracts

The Law of Business

Criminal Law

Criminal Procedure

Filters

Usually,if an event destroys a property during a pending sale through no fault of the seller,the liability becomes a shared responsibility for the buyer and seller.