Exam 48: Real Property

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Characteristics of the fee simple estate include all of the following except the estate ______.

(Multiple Choice)
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A landowner owes which of the following duties to a trespasser?

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Land extends downward to the earth's center and upward indefinitely.

(True/False)
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Real property includes land and all fixtures.

(True/False)
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An easement by implication arises when one conveys a portion the land that has been used as a dominant estate in relation to the part retained.

(True/False)
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The right to cut firewood from another's property would constitute a profit.

(True/False)
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A prescription is a right to use another's property that belongs to the land that is benefited.

(True/False)
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An oral promise to create an easement is not binding because of the statute of frauds.

(True/False)
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Small children who trespass on land may be owed a special duty of care based on the doctrine of: ______.

(Multiple Choice)
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Which is not a correct statement about deeds?

(Multiple Choice)
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The right to _________ which is found in the ______ Amendment to the U.S.Constitution,authorizes the government to take land for public use with just compensation.

(Multiple Choice)
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Today,real property includes all of the following except: ______.

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A condominium is a combination of co-ownership and individual ownership.

(True/False)
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A _________ passes with the land so that whoever owns the land is bound by or entitled to the benefit of the covenant.

(Multiple Choice)
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Personal property that has become a fixture no longer exists as personal property.

(True/False)
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A(n)_____ is personal property that is attached to the earth or placed in a building in such a way that it is deemed part of the real property.

(Multiple Choice)
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Like an easement,a license is a revocable interest in the land of another.

(True/False)
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Ulysses bought Whiteacre from Gordon but never recorded the deed.Gordon stayed on the property as a tenant for three (3)years.Near the end of the three (3)years,Gordon learned that Ulysses had never recorded the deed.Gordon advertised Whiteacre for sale and Cheryl negotiated with Gordon thinking that Gordon was the owner.Finally,Cheryl checked the records at the recording office and,finding no reason to question Gordon's ownership of the property,purchased Whiteacre from Gordon.Cheryl recorded the deed and Gordon fled with the purchase money.Meanwhile,Ulysses had failed to pay the real estate taxes on Whiteacre for the three (3)years in question thinking it was the responsibility of Gordon,the tenant.Ultimately,Cheryl and Ulysses disputed over the ownership of the property.Decide the case between Cheryl and Ulysses.Also decide whether Ulysses is responsible for the three (3)years of real estate taxes assessed while Gordon occupied the property as a tenant.

(Essay)
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What type of deed merely transfers whatever interest,if any,the grantor may have in the property,without specifying that interest in any way?

(Multiple Choice)
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Liens on land may be created voluntarily by the owner of land or involuntarily against the wishes of the owner.

(True/False)
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