Question 1

An easement may be created in which of the following cases?

Accepted Answer

A) The landowner agrees to it in writing. 
B) It is necessary for access to the land. 
C) It is taken by using the land adversely to the rightful owner's use openly for a period of years. 
D) All of these. 
A) The landowner agrees to it in writing. 
B) It is necessary for access to the land. 
C) It is taken by using the land adversely to the rightful owner's use openly for a period of years. 
D) All of these.

Question 2

An estate in fee simple has which of the following characteristics?

Accepted Answer

A) It may be inherited. 
B) It may be sold. 
C) Judgment creditors may levy it upon. 
D) All of these. 
A) It may be inherited. 
B) It may be sold. 
C) Judgment creditors may levy it upon. 
D) All of these.

Question 3

Under the Fair Housing Act, a landlord cannot discriminate against a tenant with regard to race, color, sex, religion, or disability.

Accepted Answer

A) True 
 B)False

Question 4

Community property would include:

Accepted Answer

A) a house bought by the married couple. 
B) gifts of $500 given to wife while they were married. 
C) an inheritance of a diamond by husband while they were married. 
D) a painting bought by wife before the marriage. 
A) a house bought by the married couple. 
B) gifts of $500 given to wife while they were married. 
C) an inheritance of a diamond by husband while they were married. 
D) a painting bought by wife before the marriage.

Question 5

A landlord has an obligation to repair premises:

Accepted Answer

A) under the common law if the lease has no related provision. 
B) and, if the landlord assumes that duty in the lease, the breach of the duty entitles the tenant to abandon the premises and refuse to pay rent. 
C) including lobbies, stairways, elevators, and other common areas. 
D) All of these. 
A) under the common law if the lease has no related provision. 
B) and, if the landlord assumes that duty in the lease, the breach of the duty entitles the tenant to abandon the premises and refuse to pay rent. 
C) including lobbies, stairways, elevators, and other common areas. 
D) All of these.

Question 6

If Sam leases property to Susan without specifying the duration, Sam has created a(n):

Accepted Answer

A) base fee. 
B) condominium. 
C) estate (tenancy) at will. 
D) estate at sufferance. 
A) base fee. 
B) condominium. 
C) estate (tenancy) at will. 
D) estate at sufferance.

Question 7

Community property does not include a ring owned by the wife prior to the marriage.

Accepted Answer

A) True 
 B)False

Question 8

In general, a tenant is under a duty to make minor repairs to the leased premises.

Accepted Answer

A) True 
 B)False

Question 9

Mom and Carolyn own a farm as joint tenants.When Mom dies, her share will pass to:

Accepted Answer

A) Carolyn. 
B) her heirs. 
C) her beneficiaries. 
D) Carolyn's heirs. 
A) Carolyn. 
B) her heirs. 
C) her beneficiaries. 
D) Carolyn's heirs.

Question 10

Under a tenancy in common, the most frequently used form of concurrent ownership, each co-owner has the right of survivorship.

Accepted Answer

A) True 
 B)False

Question 11

In a condominium:

Accepted Answer

A) all residents own shares in the corporation that owns the building. 
B) each resident purchases a living unit in the building. 
C) the tenant owns a reversionary interest in the property. 
D) the tenant creates a future interest in the property known as a possibility of reverter. 
A) all residents own shares in the corporation that owns the building. 
B) each resident purchases a living unit in the building. 
C) the tenant owns a reversionary interest in the property. 
D) the tenant creates a future interest in the property known as a possibility of reverter.

Question 12

Which of the following represents joint property ownership?

Accepted Answer

A) A cooperative 
B) A life estate 
C) A lease 
D) A fee simple absolute 
A) A cooperative 
B) A life estate 
C) A lease 
D) A fee simple absolute

Question 13

If the lease is silent on the subject, a tenant generally may assign his lease.

Accepted Answer

A) True 
 B)False

Question 14

The holder of a qualified fee interest may not transfer the property by deed or will.

Accepted Answer

A) True 
 B)False

Question 15

Millie, a tenant, abandons her apartment after 6 months, even though there are 6 months left on her lease.If there were no survival clause in the lease, would the landlord be able to hold Millie liable for rent?

Accepted Answer

A) Yes, but he must leave the apartment vacant 
B) Yes, after he gives notice to the tenant 
C) Yes, after he relets the apartment 
D) No, the landlord must relet the apartment in order to collect rent for the remaining lease term. 
A) Yes, but he must leave the apartment vacant 
B) Yes, after he gives notice to the tenant 
C) Yes, after he relets the apartment 
D) No, the landlord must relet the apartment in order to collect rent for the remaining lease term.

Question 16

Ed signs a 10-year lease with a survival clause.If Ed is evicted after 2 years, he will have to pay rent:

Accepted Answer

A) for the remaining 8 years. 
B) for the period of time until it is relent. 
C) until eviction. 
D) until he assigns the lease. 
A) for the remaining 8 years. 
B) for the period of time until it is relent. 
C) until eviction. 
D) until he assigns the lease.

Exam 48: Interests in Real Property

An easement may be created in which of the following cases?

An estate in fee simple has which of the following characteristics?

Under the Fair Housing Act, a landlord cannot discriminate against a tenant with regard to race, color, sex, religion, or disability.

Community property would include:

A landlord has an obligation to repair premises:

If Sam leases property to Susan without specifying the duration, Sam has created a(n):

Community property does not include a ring owned by the wife prior to the marriage.

In general, a tenant is under a duty to make minor repairs to the leased premises.

Mom and Carolyn own a farm as joint tenants.When Mom dies, her share will pass to:

Under a tenancy in common, the most frequently used form of concurrent ownership, each co-owner has the right of survivorship.

In a condominium:

Which of the following represents joint property ownership?

If the lease is silent on the subject, a tenant generally may assign his lease.

The holder of a qualified fee interest may not transfer the property by deed or will.

Millie, a tenant, abandons her apartment after 6 months, even though there are 6 months left on her lease.If there were no survival clause in the lease, would the landlord be able to hold Millie liable for rent?

Ed signs a 10-year lease with a survival clause.If Ed is evicted after 2 years, he will have to pay rent:

Introduction to Law

Business Ethics and the Social Responsibility of Business

Civil Dispute Resolution

Constitutional Law

Administrative Law

Criminal Law

Intentional Torts

Negligence and Strict Liability

Introduction to Contracts

Mutual Assent

Conduct Invalidating Assent

Consideration

Illegal Bargains

Contractual Capacity

Contracts in Writing

Third Parties to Contracts

Performance, Breach, and Discharge

Contract Remedies

Relationship of Principal and Agent

Relationship With Third Parties

Introduction to Sales and Leases

Performance

Transfer of Title and Risk of Loss

Products Liability: Warranties and Strict Liability in Tort

Sales Remedies

Form and Content

Transfer and Holder in Due Course

Liability of Parties

Bank Deposits, Collections, and Funds Transfers

Formation and Internal Relations of General Partnerships

Operation and Dissolution of General Partnerships

Limited Partnerships and Limited Liability Companies

Nature, Formation, and Powers

Financial Structure

Management Structure

Fundamental Changes

Secured Transactions and Suretyship

Bankruptcy

Protection of Intellectual Property

Antitrust

Consumer Protection

Employment Law

Securities Regulation

Accountants Legal Liability

Environmental Law

International Business Law

Introduction to Property, Property Insurance, Bailments, and Documents of Title

Transfer and Control of Real Property

Trusts and Decedents Estates

51: The Legal Environment Of Business

52: Contracts.

53: Agency.

54: Sales

55: Negotiable Instruments

56: Unincorporated Business Association

57: Corporations

58: Debtor and Creditor Relation

59: Regulation of Business

60: Property.

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