Exam 48: Interests in Real Property

The All-Power Gas and Electric Company cleared a right of way across Larry's land and put up a power line, which it has maintained for the past 20 years.Now the company wants to replace the old line with a new one, and Larry has decided he doesn't want them on his land.Does the company have a recognizable interest in Larry's land? Can Larry keep the company from installing a new line?

A possibility of reverter is the complementary estate to a:

A tenancy by the entireties, created only by a conveyance to a husband and wife, is terminated by divorce.

Langdon leases his hayfield to Tom for a period of ten years.What interest does Langdon have in the land?

A majority of states have enacted the Uniform Residential Landlord and Tenant Act which provides a comprehensive system for regulating the landlord-tenant relationship.

Bob and his sister, Claudia, can NOT own property by:

A characteristic of a tenancy in common is that:

A condominium differs from a cooperative in that a tenant in the latter:

Agatha, Betty, and Clara are sisters who own 300 acres of land as joint tenants. a.What interest does each of them have in the parcel of land? b.If Betty dies, what happens to her share of the 300 acres? c.If Clara sells one-half of her interest to Diane, what interest does Diane acquire in the 300-acre parcel?

An estate in fee simple would have which of the following characteristics?

If Tom and Tim are tenants in common, they each own a specific half of the property.

Which of the following ways is NOT a way to create an easement?

If a landlord leases property "to Susan as long as Sam wishes," the landlord has created a(n):

State statutes or lease provisions often permit a landlord to evict a tenant for nonpayment of rent.

A sublease is made when the tenant transfers control of his entire interest in the leased property to a third party.

A life tenant may do anything with the land that is legal.

If Arthur were as yet childless, which of the following present grants would be considered as creating a contingent remainder?

If Maverick subleases his rental townhome to Mavis for the summer, Mavis is primarily liable to pay the landlord the rent.

A license is the limited right to remove the produce from another's land.

Nick rents to Lorna an apartment beginning September 1.Nick has the obligation: