Question 1

A deed that 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 D

Question 2

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

Accepted Answer

A) True 
 B)False  True

Question 3

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

Accepted Answer

A) True 
 B)False  True

Question 4

Which of the following is not considered real property?

Accepted Answer

A)  buildings 
B)  fixtures 
C)  corn 
D)  elm tree 
A)  buildings 
B)  fixtures 
C)  corn 
D)  elm tree

Question 5

Adverse possession must always be with the consent of the owner.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following are considered 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 7

Generally, the following system of law governs the law of real property:

Accepted Answer

A)  federal law 
B)  law of the state of the owner's residence 
C)  law of the state in which the real property is located 
D)  none of the above 
E)  all of the above 
A)  federal law 
B)  law of the state of the owner's residence 
C)  law of the state in which the real property is located 
D)  none of the above 
E)  all of the above

Question 8

Appropriation is found in states where water is abundant.

Accepted Answer

A) True 
 B)False

Question 9

A person who receives property under a will is called an heir.

Accepted Answer

A) True 
 B)False

Question 10

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 11

An estate at will is real property that passes by last will and testament.

Accepted Answer

A) True 
 B)False

Question 12

The tacking of possession of two adverse possessors is never permitted.

Accepted Answer

A) True 
 B)False

Question 13

Henry transfers property to Susan for the life of Tom, then to Kevin. On the death of Susan, the property owner is:

Accepted Answer

A)  Tom 
B)  Kevin 
C)  Susan's heirs 
D)  Henry 
E)  none of the above 
A)  Tom 
B)  Kevin 
C)  Susan's heirs 
D)  Henry 
E)  none of the above

Question 14

A fixture is classified as real property.

Accepted Answer

A) True 
 B)False

Question 15

A copyright would be classified as tangible personal property.

Accepted Answer

A) True 
 B)False

Question 16

A life estate owner must share the income generated from the life estate with the owner of the remainder interest.

Accepted Answer

A) True 
 B)False

Question 17

The typical period that a person must possess real property in order to be an adverse possessor is:

Accepted Answer

A)  1 to 3 years 
B)  25 years 
C)  30 years 
D)  7 to 20 years 
E)  none of the above 
A)  1 to 3 years 
B)  25 years 
C)  30 years 
D)  7 to 20 years 
E)  none of the above

Question 18

Which of the following would not be considered tangible personal property:

Accepted Answer

A)  horse 
B)  Certificate of Deposit 
C)  cell phone 
D)  chair 
A)  horse 
B)  Certificate of Deposit 
C)  cell phone 
D)  chair

Question 19

An owner of real property generally does not own the airspace above the surface of the land.

Accepted Answer

A) True 
 B)False

Question 20

The main methods of acquiring ownership to real property are:

Accepted Answer

A)  inheritance 
B)  gift 
C)  sale 
D)  devise 
E)  all of the above 
A)  inheritance 
B)  gift 
C)  sale 
D)  devise 
E)  all of the above

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

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

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

Which of the following is not considered real property?

Adverse possession must always be with the consent of the owner.

Which of the following are considered acts of possession?

Generally, the following system of law governs the law of real property:

Appropriation is found in states where water is abundant.

A person who receives property under a will is called an heir.

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

An estate at will is real property that passes by last will and testament.

The tacking of possession of two adverse possessors is never permitted.

Henry transfers property to Susan for the life of Tom, then to Kevin. On the death of Susan, the property owner is:

A fixture is classified as real property.

A copyright would be classified as tangible personal property.

A life estate owner must share the income generated from the life estate with the owner of the remainder interest.

The typical period that a person must possess real property in order to be an adverse possessor is:

Which of the following would not be considered tangible personal property:

An owner of real property generally does not own the airspace above the surface of the land.

The main methods of acquiring ownership to real property are:

Concurrent Ownership

Surveys and Land Descriptions 1

Encumbrances Easements and Licenses

Contracts

Deeds

Legal Aspects of Real Estate Finance

Title Examinations

Title Insurance

Real Estate Closings

Condominiums and Cooperatives

Leases

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Exam 1: Introduction to the Law of Real Property

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

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

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

Which of the following is not considered real property?

Adverse possession must always be with the consent of the owner.

Which of the following are considered acts of possession?

Generally, the following system of law governs the law of real property:

Appropriation is found in states where water is abundant.

A person who receives property under a will is called an heir.

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

An estate at will is real property that passes by last will and testament.

The tacking of possession of two adverse possessors is never permitted.

Henry transfers property to Susan for the life of Tom, then to Kevin. On the death of Susan, the property owner is:

A fixture is classified as real property.

A copyright would be classified as tangible personal property.

A life estate owner must share the income generated from the life estate with the owner of the remainder interest.

The typical period that a person must possess real property in order to be an adverse possessor is:

Which of the following would not be considered tangible personal property:

An owner of real property generally does not own the airspace above the surface of the land.

The main methods of acquiring ownership to real property are:

Concurrent Ownership

Surveys and Land Descriptions 1

Encumbrances Easements and Licenses

Contracts

Deeds

Legal Aspects of Real Estate Finance

Title Examinations

Title Insurance

Real Estate Closings

Condominiums and Cooperatives

Leases

Filters