Exam 1: Introduction to the Law of Real Property
Exam 1: Introduction to the Law of Real Property60 Questions
Exam 2: Concurrent Ownership60 Questions
Exam 3: Surveys and Land Descriptions40 Questions
Exam 4: Public Regulation and Encumbrances43 Questions
Exam 5: Easements and Licenses38 Questions
Exam 6: Contracts59 Questions
Exam 7: Preparation and Review of a Real Estate Contract43 Questions
Exam 8: Deeds43 Questions
Exam 9: Financing Sources in Real Estate Transactions40 Questions
Exam 10: Legal Aspects of Real Estate Finance61 Questions
Exam 11: Mortgage Forms and Provisions30 Questions
Exam 12: Title Examinations45 Questions
Exam 13: Title Insurance58 Questions
Exam 14: Real Estate Closings40 Questions
Exam 16: Real Estate Closing Forms and Examples28 Questions
Exam 17: Condominiums and Cooperatives63 Questions
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Henry transfers property to Susan for the life of Tom, then to Kevin. On the death of Susan, the property owner is:
Free
(Multiple Choice)
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Correct Answer:
C
If the owner of a life estate commits waste, the life estate will terminate even though the owner is alive.
Free
(True/False)
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Correct Answer:
True
Which of the following is not considered real property?
Free
(Multiple Choice)
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Correct Answer:
C
An owner of real property usually owns all of the minerals beneath the surface of the land.
(True/False)
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A life estate may be for the life of a person other than the owner.
(True/False)
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Appropriation is the doctrine that states that the right to use water is given to the landowner who uses the water first.
(True/False)
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Failure by an owner of a life estate to adequately maintain the property subject to the life estate is known as:
(Multiple Choice)
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Life estates are not transferable during the lifetime of the owner.
(True/False)
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Inheritance is the transfer of ownership of real property from a person who dies without a will.
(True/False)
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An owner of real property generally does not own the airspace above the surface of the land.
(True/False)
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The doctrine of riparian rights states that the right to use water is given to the landowner who uses the water first.
(True/False)
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The law of real property in general is governed by the law of the state in which the owner of the real property resides.
(True/False)
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Since the law does not favor the free right to transfer ownership, the law will approve almost any restraint on an owner's right to transfer ownership of property.
(True/False)
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John is in possession of property adjacent to his home. He does not have a deed to the property but has enclosed it with a fence and has planted a garden on it for the past 20 years. The property is owned by the city and is part of a large park. Does John own the property by adverse possession?
(Essay)
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Occupancy of land by someone without the permission of the owner is a trespass.
(True/False)
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A fee simple on condition subsequent estate automatically expires on the happening or non - happening of the event stated in the deed of conveyance or the will creating the estate.
(True/False)
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Which of the following items would not be classified as personal property?
(Multiple Choice)
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The doctrine that states that the use of water belongs to the landowner who uses the water first is known as:
(Multiple Choice)
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