Question 1

Appropriation is the doctrine which states that the right to use water is given to the lando wner who uses the water first.

Accepted Answer

A) True 
 B)False

Question 2

Aaron conveys to Bill an estate of property for 20 years and, upon the expiration of the 20 years, to Carol. Carol's estate in the property would be

Accepted Answer

A)  estate for 20 years. 
B)  estate at will. 
C)  remainder in fee simple. 
D)  successor estate for years. 
A)  estate for 20 years. 
B)  estate at will. 
C)  remainder in fee simple. 
D)  successor estate for years.

Question 3

The law of real property in genera l is governed by the law of the state where the real property is located.

Accepted Answer

A) True 
 B)False

Question 4

Occupancy of land by someone without the permission of the owner is a trespass.

Accepted Answer

A) True 
 B)False

Question 5

An estate limited in its duration to a fixed period of time is known as a life estate.

Accepted Answer

A) True 
 B)False

Question 6

If the owner of a life estate commits waste, the life estate will terminate, even though the owner is alive.

Accepted Answer

A) True 
 B)False

Question 7

A deed which conveys property to an owner "so long as the land is used for an avocado farm" creates an estate known as

Accepted Answer

A)  fee simple on condition subsequent. 
B)  estate for years. 
C)  estate at will. 
D)  fee simple determinable. 
A)  fee simple on condition subsequent. 
B)  estate for years. 
C)  estate at will. 
D)  fee simple determinable.

Question 8

A fixture is classified as personal property.

Accepted Answer

A) True 
 B)False

Question 9

At common law, an estate at will could be automatically terminated.

Accepted Answer

A) True 
 B)False

Question 10

Henry transfers a life estate to Susan with the remainder to Tom. Tom dies before Susan. On Susan's death, the property owner is

Accepted Answer

A)  Aaron. 
B)  Susan's heirs. 
C)  Tom's heirs. 
D)  Henry's heirs. 
A)  Aaron. 
B)  Susan's heirs. 
C)  Tom's heirs. 
D)  Henry's heirs.

Question 11

Life estates are not transferable during the lifetime of the owner.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is/are considered an act/acts of possession?

Accepted Answer

A)  Enclosure 
B)  Cultivation 
C)  Occupancy 
D)  Construction of improvements 
E)  All of the above 
A)  Enclosure 
B)  Cultivation 
C)  Occupancy 
D)  Construction of improvements 
E)  All of the above

Question 13

A copyright is tangible property.

Accepted Answer

A) True 
 B)False

Question 14

Jessica owns property at the bottom of a hill. After a heavy rain, her property is flooded. Jessica builds a dam to protect her property, but the dam causes her neighbor's property up the hill to flood. Can the neighbor sue Jessica for damages? Explain.

Accepted Answer

Truehis question involves surface water

Question 15

A fee simple absolute estate has a potential infinite duration and unrestricted inheritability.

Accepted Answer

A) True 
 B)False

Question 16

Trade fixtures are fixtures that can easily be traded for another type of property.

Accepted Answer

A) True 
 B)False

Question 17

Riparian rights is the doctrine which states that all owners of lands mu st share equally in the use of water for domestic purposes.

Accepted Answer

A) True 
 B)False

Question 18

Inheritance is the transfer of ownership of real property when a person dies with a will.

Accepted Answer

A) True 
 B)False

Question 19

An owner of real property usually owns all of the minerals beneath the surface of the land.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following items would not be classified as personal property?

Accepted Answer

A)  Automobile 
B)  Wheat 
C)  Fixture 
D)  Stock certificate 
A)  Automobile 
B)  Wheat 
C)  Fixture 
D)  Stock certificate

Appropriation is the doctrine which states that the right to use water is given to the lando wner who uses the water first.

Aaron conveys to Bill an estate of property for 20 years and, upon the expiration of the 20 years, to Carol. Carol's estate in the property would be

The law of real property in genera l is governed by the law of the state where the real property is located.

Occupancy of land by someone without the permission of the owner is a trespass.

An estate limited in its duration to a fixed period of time is known as a life estate.

If the owner of a life estate commits waste, the life estate will terminate, even though the owner is alive.

A deed which conveys property to an owner "so long as the land is used for an avocado farm" creates an estate known as

A fixture is classified as personal property.

At common law, an estate at will could be automatically terminated.

Henry transfers a life estate to Susan with the remainder to Tom. Tom dies before Susan. On Susan's death, the property owner is

Life estates are not transferable during the lifetime of the owner.

Which of the following is/are considered an act/acts of possession?

A copyright is tangible property.

Jessica owns property at the bottom of a hill. After a heavy rain, her property is flooded. Jessica builds a dam to protect her property, but the dam causes her neighbor's property up the hill to flood. Can the neighbor sue Jessica for damages? Explain.

A fee simple absolute estate has a potential infinite duration and unrestricted inheritability.

Trade fixtures are fixtures that can easily be traded for another type of property.

Riparian rights is the doctrine which states that all owners of lands mu st share equally in the use of water for domestic purposes.

Inheritance is the transfer of ownership of real property when a person dies with a will.

An owner of real property usually owns all of the minerals beneath the surface of the land.

Which of the following items would not be classified as personal property?

Concurrent Ownership

Surveys and Land Descriptions

Public Regulation and Private Encumbrances

Easements and Licenses

Contracts

Preparation and Review of a Real Estate Contract

Deeds

Financing Sources in Real Estate Transactions

Legal Aspects of Real Estate Finance

Mortgage Forms and Provisions

Title Examinations

Title Insurance

Real Estate Closings

Government Regulation of Real Estate Closings

Condominiums and Cooperatives

Leases

Filters

Exam 1: Introduction to the Law of Real Property

Appropriation is the doctrine which states that the right to use water is given to the lando wner who uses the water first.

Aaron conveys to Bill an estate of property for 20 years and, upon the expiration of the 20 years, to Carol. Carol's estate in the property would be

The law of real property in genera l is governed by the law of the state where the real property is located.

Occupancy of land by someone without the permission of the owner is a trespass.

An estate limited in its duration to a fixed period of time is known as a life estate.

If the owner of a life estate commits waste, the life estate will terminate, even though the owner is alive.

A deed which conveys property to an owner "so long as the land is used for an avocado farm" creates an estate known as

A fixture is classified as personal property.

At common law, an estate at will could be automatically terminated.

Henry transfers a life estate to Susan with the remainder to Tom. Tom dies before Susan. On Susan's death, the property owner is

Life estates are not transferable during the lifetime of the owner.

Which of the following is/are considered an act/acts of possession?

A copyright is tangible property.

Jessica owns property at the bottom of a hill. After a heavy rain, her property is flooded. Jessica builds a dam to protect her property, but the dam causes her neighbor's property up the hill to flood. Can the neighbor sue Jessica for damages? Explain.

A fee simple absolute estate has a potential infinite duration and unrestricted inheritability.

Trade fixtures are fixtures that can easily be traded for another type of property.

Riparian rights is the doctrine which states that all owners of lands mu st share equally in the use of water for domestic purposes.

Inheritance is the transfer of ownership of real property when a person dies with a will.

An owner of real property usually owns all of the minerals beneath the surface of the land.

Which of the following items would not be classified as personal property?

Concurrent Ownership

Surveys and Land Descriptions

Public Regulation and Private Encumbrances

Easements and Licenses

Contracts

Preparation and Review of a Real Estate Contract

Deeds

Financing Sources in Real Estate Transactions

Legal Aspects of Real Estate Finance

Mortgage Forms and Provisions

Title Examinations

Title Insurance

Real Estate Closings

Government Regulation of Real Estate Closings

Condominiums and Cooperatives

Leases

Filters