Question 1

If Niles and Frasier buy a "fee simple" interest, which of the following is true with regard to their rights?

Accepted Answer

A)  In law, they are entitled only to the surface of the earth within the boundaries. 
B)  They have rights to the area under their land, including the mineral rights. 
C)  The maxim "to whomsoever the soil belongs, he owns also to the sky" remains unchanged and is as valid today as ever. 
D)  Today a person's right to the area above his land is restricted to that part of it he can make use of. 
E)  You can sue an airplane for trespass for flying at 30,000 feet over your property. 
A)  In law, they are entitled only to the surface of the earth within the boundaries. 
B)  They have rights to the area under their land, including the mineral rights. 
C)  The maxim "to whomsoever the soil belongs, he owns also to the sky" remains unchanged and is as valid today as ever. 
D)  Today a person's right to the area above his land is restricted to that part of it he can make use of. 
E)  You can sue an airplane for trespass for flying at 30,000 feet over your property.

Question 2

Discuss, in the context of commercial tenancies, what a business person ought to do to reduce his or her risk.

Accepted Answer

Businesses generally require a physical

Question 3

Explain when the notice must be given to vary or terminate a periodic tenancy agreement.

Accepted Answer

One clear rental period notice

Question 4

If you grant your grandma a life estate and she asks about her rights and duties as a life tenant, which of the following is true?

Accepted Answer

A)  The life tenant can transfer the fee simple to someone in her will. 
B)  The life tenant is not responsible to make repairs to keep the property in good condition, only the fee simple owner has that responsibility. 
C)  The life tenant cannot rent out the property during the life tenancy. 
D)  If you make no indication of who the property is to go to when she dies, the property reverts back to your estate. 
E)  The life tenant after 20 years can establish an easement interest in the property. 
A)  The life tenant can transfer the fee simple to someone in her will. 
B)  The life tenant is not responsible to make repairs to keep the property in good condition, only the fee simple owner has that responsibility. 
C)  The life tenant cannot rent out the property during the life tenancy. 
D)  If you make no indication of who the property is to go to when she dies, the property reverts back to your estate. 
E)  The life tenant after 20 years can establish an easement interest in the property.

Question 5

A remainderman is a third party with the right to the remainder of the fee simple after the death of life tenant.

Accepted Answer

A) True 
 B)False

Question 6

A subsidiary contract creating an obligation to hold an offer open for acceptance until the expiration of a specified time is known as ________.

Accepted Answer

The answer of A subsidiary contract creating an obligation to...

Question 7

The separation or division of joint ownership is referred to as severance.

Accepted Answer

A) True 
 B)False

Question 8

Candice tells you she has "sublet" her property. What does this mean?

Accepted Answer

Candice is a lessee of land or

Question 9

With respect to the land titles system of registering interests in land, which one of the following is true?

Accepted Answer

A)  This registration system is the same throughout Canada because the procedure has been set by the federal government to ensure a uniform method of registration. 
B)  All the documents concerning an interest in land must be kept in the land title office, and to ensure the state of the title, a potential purchaser is advised to examine the various documents that have accumulated over the years. 
C)  When documents concerning an interest in land are filed in the land title office, each document is examined, and if it is in order, the state of title certificate is amended to show the change. 
D)  Mortgages, restrictive covenants, building schemes, easements, and even entries under the Builders' Lien Act need not be registered to protect those interests against third-party claims. Registration of such interests is voluntary and won't affect one's interest. 
E)  The system is to safeguard the documents; the government is not guaranteeing title. 
A)  This registration system is the same throughout Canada because the procedure has been set by the federal government to ensure a uniform method of registration. 
B)  All the documents concerning an interest in land must be kept in the land title office, and to ensure the state of the title, a potential purchaser is advised to examine the various documents that have accumulated over the years. 
C)  When documents concerning an interest in land are filed in the land title office, each document is examined, and if it is in order, the state of title certificate is amended to show the change. 
D)  Mortgages, restrictive covenants, building schemes, easements, and even entries under the Builders' Lien Act need not be registered to protect those interests against third-party claims. Registration of such interests is voluntary and won't affect one's interest. 
E)  The system is to safeguard the documents; the government is not guaranteeing title.

Question 10

An option agreement is

Accepted Answer

A)  a contract transferring the fee simple to a new owner. 
B)  a contract by which the offeror of property promises to hold his offer open for a period of time during which the offeree can accept the offer and the property can't be sold to another. 
C)  a contract by which an offeree promises to buy the property offered at a later date set in the contract. 
D)  a contract that provides that a seller will retain the title in the property until the buyer has made all of the required payments. 
E)  a contract that provides that a debtor will transfer title in the property to a creditor as security for repayment of the debt. 
A)  a contract transferring the fee simple to a new owner. 
B)  a contract by which the offeror of property promises to hold his offer open for a period of time during which the offeree can accept the offer and the property can't be sold to another. 
C)  a contract by which an offeree promises to buy the property offered at a later date set in the contract. 
D)  a contract that provides that a seller will retain the title in the property until the buyer has made all of the required payments. 
E)  a contract that provides that a debtor will transfer title in the property to a creditor as security for repayment of the debt.

Question 11

Mable was employed as a waitress at a respectable restaurant in Winnipeg. After cleaning up at one of the tables, she noticed a valuable broach on the floor beneath the table. Which of the following is correct with respect to her legal claim to the broach?

Accepted Answer

A)  As the finder of the broach, she is entitled to it. She has a prior claim against all but the rightful owner of the broach. 
B)  She must hand it over to the police, and if the rightful owner does not come forward, the broach becomes the property of the government. 
C)  Although she found the broach in a public part of the restaurant, she must give the broach to her employer, who has the right to keep it if the rightful owner is not found. 
D)  Because of the principle of "finders keepers," she gets to keep the broach even against the original owners who lost it. 
E)  She has no claim to the broach no matter where she found it. 
A)  As the finder of the broach, she is entitled to it. She has a prior claim against all but the rightful owner of the broach. 
B)  She must hand it over to the police, and if the rightful owner does not come forward, the broach becomes the property of the government. 
C)  Although she found the broach in a public part of the restaurant, she must give the broach to her employer, who has the right to keep it if the rightful owner is not found. 
D)  Because of the principle of "finders keepers," she gets to keep the broach even against the original owners who lost it. 
E)  She has no claim to the broach no matter where she found it.

Question 12

Explain what is meant by chose in action.

Accepted Answer

A chose in action is a form of

Question 13

The will read, "To my beloved wife, I leave our matrimonial home for life, remainder to our son, Ivan." Ivan, the adult son, no longer lived in Manitoba. Upon the husband's death, his wife remarried and moved out of the matrimonial home, but she allowed her friend Tilly to live there. Upon learning that his mother had moved out, Ivan considered moving back to the home. Which one of the following is true?

Accepted Answer

A)  Ivan has the legal right to return to the home because, as a blood relative, he has a better right to live there than Tilly does. 
B)  Ivan has the legal right to return to the home because, as the remainderman, he has a better right to live there than Tilly does. 
C)  Ivan's legal right to return to the home does not arise until the death of his mother. 
D)  If the wife willed the home to her new husband, upon her death the new husband would inherit the home. 
E)  If the wife sold her interest to Tilly, Tilly could stay in the home until she (Tilly) dies regardless of when the wife dies. 
A)  Ivan has the legal right to return to the home because, as a blood relative, he has a better right to live there than Tilly does. 
B)  Ivan has the legal right to return to the home because, as the remainderman, he has a better right to live there than Tilly does. 
C)  Ivan's legal right to return to the home does not arise until the death of his mother. 
D)  If the wife willed the home to her new husband, upon her death the new husband would inherit the home. 
E)  If the wife sold her interest to Tilly, Tilly could stay in the home until she (Tilly) dies regardless of when the wife dies.

Question 14

Brenna owns two adjacent lakeside lots. She sells one lot to Burt and Ernie, with the provisions that they agree not to develop any commercial facilities on the land and to plant a row of rose bushes between the properties. The covenants are registered in the appropriate Land Titles Office. Which of the following is true?

Accepted Answer

A)  If the title documents are silent on the point, Burt and Ernie take possession as joint tenants. 
B)  If Burt and Ernie do not plant the bushes as agreed, Brenna could sue them for private nuisance. 
C)  If Burt and Ernie sell their lot to Holly, Holly would not be bound by the covenant to refrain from developing commercial facilities. 
D)  The registration of a covenant guarantees that it is a valid interest that runs with the land. 
E)  If Burt and Ernie sell the property, the new owner would not have to plant the row of rose bushes as provided in the original contract. 
A)  If the title documents are silent on the point, Burt and Ernie take possession as joint tenants. 
B)  If Burt and Ernie do not plant the bushes as agreed, Brenna could sue them for private nuisance. 
C)  If Burt and Ernie sell their lot to Holly, Holly would not be bound by the covenant to refrain from developing commercial facilities. 
D)  The registration of a covenant guarantees that it is a valid interest that runs with the land. 
E)  If Burt and Ernie sell the property, the new owner would not have to plant the row of rose bushes as provided in the original contract.

Question 15

Joe was walking in a park and found a watch. He took it to the city's lost-and-found, but it was not claimed. Three years later, Joe went to the lost and found, asked for the watch, and was told that the watch was a property of the city. Explain Joe's legal position in these circumstances.

Accepted Answer

Joe had prior possession and t

Question 16

About ten years after their marriage, Eric and Bev had saved enough money to buy an investment property. First they bought a duplex, which they held as joint tenants, and later they bought a building lot in Lethbridge, which they held as tenants in common. Eric's will provided that his interest in the duplex would go to their daughter, Lisa, and that his interest in the Lethbridge lot would go to their son, Max. Indicate the statement that accurately describes who will take what upon Eric's death.

Accepted Answer

A)  Lisa will get his interest in the duplex and Max will get the interest in the Lethbridge lot, just as the will said. 
B)  Bev will get both properties because she and Eric co-owned them both. 
C)  Bev will get Eric's interest in the duplex but Max will take Eric's interest in the Lethbridge lot. 
D)  Bev will get Eric's interest in the Lethbridge lot but Lisa will get his interest in the duplex. 
E)  Max will get Eric's interest in both properties as the oldest son. 
A)  Lisa will get his interest in the duplex and Max will get the interest in the Lethbridge lot, just as the will said. 
B)  Bev will get both properties because she and Eric co-owned them both. 
C)  Bev will get Eric's interest in the duplex but Max will take Eric's interest in the Lethbridge lot. 
D)  Bev will get Eric's interest in the Lethbridge lot but Lisa will get his interest in the duplex. 
E)  Max will get Eric's interest in both properties as the oldest son.

Question 17

When a landlord seizes property left by the tenant and holds it until the rent is paid or sells it to pay rent owing, this is referred to as

Accepted Answer

A)  relief against forfeiture. 
B)  tenancy at sufferance. 
C)  distress. 
D)  an order nisi. 
E)  an order absolute. 
A)  relief against forfeiture. 
B)  tenancy at sufferance. 
C)  distress. 
D)  an order nisi. 
E)  an order absolute.

Question 18

Jurg was hosting a luncheon when his punchbowl broke. He went next door and asked his neighbour, Ethan, if he could borrow his. Ethan reluctantly agreed, commenting that the punchbowl was a family heirloom. This made Jurg a little nervous. On his way back home, he was wondering what his legal responsibility would be in relation to the bowl. Which one of the following statements is true?

Accepted Answer

A)  Because this is a gratuitous bailment for Jurg's benefit, Jurg must be reasonably careful that no harm or damage comes to the punchbowl. 
B)  Because this is a gratuitous bailment, Jurg has no legal obligation in relation to the punchbowl. 
C)  Because Jurg borrowed the punchbowl, he must return it in the same condition and is liable for any damage howsoever caused. 
D)  Because Ethan lent the punchbowl to him reluctantly, the rules of an involuntary bailment apply. 
E)  Because the punchbowl is valuable, the rules of a bailment for value will be enforced. 
A)  Because this is a gratuitous bailment for Jurg's benefit, Jurg must be reasonably careful that no harm or damage comes to the punchbowl. 
B)  Because this is a gratuitous bailment, Jurg has no legal obligation in relation to the punchbowl. 
C)  Because Jurg borrowed the punchbowl, he must return it in the same condition and is liable for any damage howsoever caused. 
D)  Because Ethan lent the punchbowl to him reluctantly, the rules of an involuntary bailment apply. 
E)  Because the punchbowl is valuable, the rules of a bailment for value will be enforced.

Question 19

With regard to real property law, which one of the following is true?

Accepted Answer

A)  If the fee simple is conveyed to Mr. and Mrs. So and there is no indication of the nature of their co-ownership, they take the land as joint tenants. 
B)  A life estate is an interest in land that necessarily ends when the life of the grantor ends. 
C)  An interest in land less than an estate (e.g., an easement) gives its owner exclusive possession of that property for some period of time. 
D)  If one co-owner wants to sell but the other won't consent to the sale, the first one may be able to get a court order to sell the property. 
E)  If a father cuts his family out of his will and leaves the property to someone else, there is no legal recourse for the family; i.e., the property is his to dispose of entirely as he wishes. 
A)  If the fee simple is conveyed to Mr. and Mrs. So and there is no indication of the nature of their co-ownership, they take the land as joint tenants. 
B)  A life estate is an interest in land that necessarily ends when the life of the grantor ends. 
C)  An interest in land less than an estate (e.g., an easement) gives its owner exclusive possession of that property for some period of time. 
D)  If one co-owner wants to sell but the other won't consent to the sale, the first one may be able to get a court order to sell the property. 
E)  If a father cuts his family out of his will and leaves the property to someone else, there is no legal recourse for the family; i.e., the property is his to dispose of entirely as he wishes.

Question 20

A still growing area of public and legislative attention is environmental protection relating to the development of energy and natural resources.

Accepted Answer

A) True 
 B)False

If Niles and Frasier buy a "fee simple" interest, which of the following is true with regard to their rights?

Discuss, in the context of commercial tenancies, what a business person ought to do to reduce his or her risk.

Explain when the notice must be given to vary or terminate a periodic tenancy agreement.

If you grant your grandma a life estate and she asks about her rights and duties as a life tenant, which of the following is true?

A remainderman is a third party with the right to the remainder of the fee simple after the death of life tenant.

A subsidiary contract creating an obligation to hold an offer open for acceptance until the expiration of a specified time is known as ________.

The separation or division of joint ownership is referred to as severance.

Candice tells you she has "sublet" her property. What does this mean?

With respect to the land titles system of registering interests in land, which one of the following is true?

An option agreement is

Mable was employed as a waitress at a respectable restaurant in Winnipeg. After cleaning up at one of the tables, she noticed a valuable broach on the floor beneath the table. Which of the following is correct with respect to her legal claim to the broach?

Explain what is meant by chose in action.

Joe was walking in a park and found a watch. He took it to the city's lost-and-found, but it was not claimed. Three years later, Joe went to the lost and found, asked for the watch, and was told that the watch was a property of the city. Explain Joe's legal position in these circumstances.

When a landlord seizes property left by the tenant and holds it until the rent is paid or sells it to pay rent owing, this is referred to as

With regard to real property law, which one of the following is true?

A still growing area of public and legislative attention is environmental protection relating to the development of energy and natural resources.

Managing Your Legal Affairs

Introduction to the Legal System

The Resolution of Disputes: the Courts and Alternatives to Litigation

Intentional Torts and Torts Impacting Business

Negligence, Professional Liability, and Insurance

The Elements of a Contract: Consensus and Consideration

The Elements of a Contract: Capacity, Legality, and Intention

Factors Affecting the Contractual Relationship

The End of the Contractual Relationship

Agency and Partnership

Corporations

Employment

Intellectual Property

Priority of Creditors

Sales and Consumer Protection

Filters

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

If Niles and Frasier buy a "fee simple" interest, which of the following is true with regard to their rights?

Discuss, in the context of commercial tenancies, what a business person ought to do to reduce his or her risk.

Explain when the notice must be given to vary or terminate a periodic tenancy agreement.

If you grant your grandma a life estate and she asks about her rights and duties as a life tenant, which of the following is true?

A remainderman is a third party with the right to the remainder of the fee simple after the death of life tenant.

A subsidiary contract creating an obligation to hold an offer open for acceptance until the expiration of a specified time is known as ________.

The separation or division of joint ownership is referred to as severance.

Candice tells you she has "sublet" her property. What does this mean?

With respect to the land titles system of registering interests in land, which one of the following is true?

An option agreement is

Mable was employed as a waitress at a respectable restaurant in Winnipeg. After cleaning up at one of the tables, she noticed a valuable broach on the floor beneath the table. Which of the following is correct with respect to her legal claim to the broach?

Explain what is meant by chose in action.

Joe was walking in a park and found a watch. He took it to the city's lost-and-found, but it was not claimed. Three years later, Joe went to the lost and found, asked for the watch, and was told that the watch was a property of the city. Explain Joe's legal position in these circumstances.

When a landlord seizes property left by the tenant and holds it until the rent is paid or sells it to pay rent owing, this is referred to as

With regard to real property law, which one of the following is true?

A still growing area of public and legislative attention is environmental protection relating to the development of energy and natural resources.

Managing Your Legal Affairs

Introduction to the Legal System

The Resolution of Disputes: the Courts and Alternatives to Litigation

Intentional Torts and Torts Impacting Business

Negligence, Professional Liability, and Insurance

The Elements of a Contract: Consensus and Consideration

The Elements of a Contract: Capacity, Legality, and Intention

Factors Affecting the Contractual Relationship

The End of the Contractual Relationship

Agency and Partnership

Corporations

Employment

Intellectual Property

Priority of Creditors

Sales and Consumer Protection

Filters