Exam 14: Real and Personal Property and Protection of the Environment

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When people have a tenancy in common and one of them dies, his or her share in the property goes to the survivor.

(True/False)
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Real property refers to land only.

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What is meant by a chattel?

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Because a tenancy is primarily contractual and so does not "run with the land," it will not bind a purchaser of a building.

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What is meant by "relief against forfeiture"?

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Governments often override the common law right that water naturally coming to a property owner not be diverted beyond that needed for domestic usage.

(True/False)
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When a landlord seizes the tenant's property for failure to pay rent, this is called ________.

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In which of the following does a person have a true lease?

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Life estate means that the land is leased to a tenant for the period of his/her life.

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Which of the following statements is correct with respect to the person who is entitled to found property?

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Serious civil and criminal penalties can result from environmental damage. Discuss methods of risk reduction that businesses can implement to reduce or avoid liability.

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One of the important features of residential tenancies is that the parties are free to override the provisions of the various residential tenancies acts by clearly doing so in a written lease agreement.

(True/False)
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Discuss how the normal rules in relation to residential tenancies have been modified in your jurisdiction by statute and discuss the effectiveness of such changes in terms of the objectives of the statutes.

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Which of the following is false with regard to condominiums and cooperatives?

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A right of way is an example of an estate in land since it gives the holder of it the right to go across the land.

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In 2005, Jonah sold a building to his two married sons: Bert and Charles. In 2015, Charles was thinking of severing the joint tenancy, but before anything was said or done, Charles and Bert both drowned in a boating accident. Charles died immediately, but Bert died two months later, never having regained consciousness. Charles had willed his interest in the property to his wife and Bert had willed his to his son. On these facts, which of the following is false?

(Multiple Choice)
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What's the significance of an item being identified as a trade fixture?

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When Joan entered into a contract with Mr. Shultz to rent an apartment in a converted house, she noticed that the back stairs and hand railing looked as if they were in disrepair. On the day when she took possession, she found she couldn't use the back stairs because the last two steps were rotten and the handrail was not bolted down at one end. Which of the following is true?

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Indicate how the obligation on innkeepers has been modified by statute.

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Explain what right is conveyed by an easement.

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