Question 1

Air rights enable the owner of property to ________.

Accepted Answer

A) develop cultivated plant life on the land 
B) drill into the earth to utilize groundwater for personal use 
C) rent or sell the space above the property for commercial purposes 
D) create fixtures that become a part of the real estate sales contract 
A) develop cultivated plant life on the land 
B) drill into the earth to utilize groundwater for personal use 
C) rent or sell the space above the property for commercial purposes 
D) create fixtures that become a part of the real estate sales contract

Question 2

Under the doctrine of ________,the transfer of the property is involuntary and does not require the delivery of a deed.

Accepted Answer

The answer of Under the doctrine of ________,the transfer of...

Question 3

Any lease for a stated period,irrespective of its duration,is called a periodic tenancy.

Accepted Answer

A) True 
 B)False

Question 4

The Fair Housing Act of 1968 does not apply to a person who leases a single-family dwelling and does not own more than three single-family dwellings.

Accepted Answer

A) True 
 B)False

Question 5

Carmen,Westbrook,and Ashton are concurrent owners of a large commercial building.Ashton executes a will that leaves all his property to his son in the event of his death.But after Ashton passes away,his ownership interest in the building is acquired by the two remaining tenants of the building.Which of the following kinds of concurrent ownership would allow such a passage of title?

Accepted Answer

A) a tenancy by the entirety 
B) a community property 
C) a joint tenancy 
D) a tenancy in common 
A) a tenancy by the entirety 
B) a community property 
C) a joint tenancy 
D) a tenancy in common

Question 6

The Statute of Frauds requires real estate sales contracts to be in writing.

Accepted Answer

A) True 
 B)False

Question 7

A(n)________ is a type of freehold estate wherein the ownership is taken away upon the occurrence or nonoccurrence of a specified condition.

Accepted Answer

fee simple

Question 8

A landlord-tenant relationship is characterized by ________.

Accepted Answer

A) transfer of title to the tenant 
B) the tenant's receipt of a non-freehold estate 
C) the creation of a future interest for the tenant 
D) the tenant's fee simple absolute ownership of the leased property 
A) transfer of title to the tenant 
B) the tenant's receipt of a non-freehold estate 
C) the creation of a future interest for the tenant 
D) the tenant's fee simple absolute ownership of the leased property

Question 9

What are surface rights in real property?

Accepted Answer

A) the right to possess the earth beneath the land 
B) the right to occupy the land 
C) the right to possess personal property 
D) the right to convert personal property to negotiable instruments 
A) the right to possess the earth beneath the land 
B) the right to occupy the land 
C) the right to possess personal property 
D) the right to convert personal property to negotiable instruments

Question 10

Separate property is included in community property.

Accepted Answer

A) True 
 B)False

Question 11

The process by which the government can acquire private property for public use is known as ________.

Accepted Answer

A) a remainder 
B) constructive eviction 
C) adverse possession 
D) eminent domain 
A) a remainder 
B) constructive eviction 
C) adverse possession 
D) eminent domain

Question 12

________ is a form of co-ownership of real property that can be used only by married couples.

Accepted Answer

Tenancy by

Question 13

The person who is given a life estate is called the life tenant.

Accepted Answer

A) True 
 B)False

Question 14

A(n)________ deed contains the greatest number of warranties and provides the highest level of protection to a grantee.

Accepted Answer

general wa

Question 15

Uses for real estate and buildings that already exist in a zoned area that are permitted to continue even though they do not fit within a new zoning use established for the area are known as ________.

Accepted Answer

The answer of Uses for real estate and buildings that...

Question 16

Plant life that is severed from the land is considered ________ property.

Accepted Answer

A) intangible 
B) immovable 
C) real 
D) personal 
A) intangible 
B) immovable 
C) real 
D) personal

Question 17

________ is a type of ownership of real property that grants the owner the fullest bundle of legal rights that a person can hold in real property.

Accepted Answer

A) Fee simple absolute 
B) Life estate 
C) Servient estate 
D) Fee simple defeasible 
A) Fee simple absolute 
B) Life estate 
C) Servient estate 
D) Fee simple defeasible

Question 18

Which of the following is true of the government's exercise of eminent domain?

Accepted Answer

A) It does not allow the owner of the property to make a case for keeping the property. 
B) It requires the government to compensate the property owner. 
C) It does not apply to state and local governments. 
D) It allows the government to set up zoning areas. 
A) It does not allow the owner of the property to make a case for keeping the property. 
B) It requires the government to compensate the property owner. 
C) It does not apply to state and local governments. 
D) It allows the government to set up zoning areas.

Question 19

A ________ is a right of possession that returns to the grantor after the expiration of a limited or contingent estate.

Accepted Answer

A) reversion 
B) remainder 
C) quiet title action 
D) nonconforming use 
A) reversion 
B) remainder 
C) quiet title action 
D) nonconforming use

Question 20

Certain personal property is so closely associated with real property that it becomes part of the realty.Such items are called ________.

Accepted Answer

The answer of Certain personal property is so closely associated...

Exam 25: Real Property and Land Use Regulation

Air rights enable the owner of property to ________.

Under the doctrine of ________,the transfer of the property is involuntary and does not require the delivery of a deed.

Any lease for a stated period,irrespective of its duration,is called a periodic tenancy.

The Fair Housing Act of 1968 does not apply to a person who leases a single-family dwelling and does not own more than three single-family dwellings.

The Statute of Frauds requires real estate sales contracts to be in writing.

A(n)________ is a type of freehold estate wherein the ownership is taken away upon the occurrence or nonoccurrence of a specified condition.

A landlord-tenant relationship is characterized by ________.

What are surface rights in real property?

Separate property is included in community property.

The process by which the government can acquire private property for public use is known as ________.

________ is a form of co-ownership of real property that can be used only by married couples.

The person who is given a life estate is called the life tenant.

A(n)________ deed contains the greatest number of warranties and provides the highest level of protection to a grantee.

Uses for real estate and buildings that already exist in a zoned area that are permitted to continue even though they do not fit within a new zoning use established for the area are known as ________.

Plant life that is severed from the land is considered ________ property.

________ is a type of ownership of real property that grants the owner the fullest bundle of legal rights that a person can hold in real property.

Which of the following is true of the government's exercise of eminent domain?

A ________ is a right of possession that returns to the grantor after the expiration of a limited or contingent estate.

Certain personal property is so closely associated with real property that it becomes part of the realty.Such items are called ________.

Legal Heritage and the Digital Age

Ethics and Social Responsibility of Business

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Alternative, Judicial, and E-Dispute Resolution

Constitutional Law for Business and E-Commerce

Torts and Strict Liability

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Intellectual Property and Cyber Piracy

Formation and Requirements of Contracts

Performance and Breach of Contracts

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UCC Sales Contracts, Leases, and Warranties

Credit, Secured Transactions, and Bankruptcy

Small Business, General Partnerships, and Limited Partnerships

Limited Liability Companies, Limited Liability Partnerships, and Special Forms of Business

Corporations and Corporate Governance

Investor Protection, E-Securities, and Wall Street Reform

Agency Law

Equal Opportunity in Employment

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