Exam 1: Introduction to the Law of Real Property

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A life estate must always be for the life of the owner.

(True/False)
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Generally the following system(s) of law governs the law of real property:

(Multiple Choice)
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The main method(s) of acquiring ownership to real property is/are:

(Multiple Choice)
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The law of real property in general is governed by the law of the state where the real property is located.

(True/False)
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A fee simple absolute estate has a potential infinite duration and unrestricted inheritability.

(True/False)
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Riparian rights is the doctrine that states that all owners of lands must share equally in the use of water for domestic purposes.

(True/False)
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A copyright is tangible property.

(True/False)
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A legal treatise is a code of statutes.

(True/False)
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The adding together of periods of adverse possession is called:

(Multiple Choice)
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At common law, an estate at will could be automatically terminated.

(True/False)
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Trade fixtures are items, such as shelving or counters, installed by a tenant on property to assist the tenant in the conduct of its business.

(True/False)
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A promise to make a gift is generally not revocable.

(True/False)
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An heir must always be a relative of the decedent.

(True/False)
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Henry transfers a life estate to Susan with the remainder to Tom. Tom dies before Susan. On Susan's death, the property owner is:

(Multiple Choice)
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"Color of title" is evidenced by a written instrument such as a deed, court decree, or judgment.

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

(True/False)
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Life estates are transferable during the lifetime of the owner.

(True/False)
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Personal property does not include living things such as animals.

(True/False)
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The conveyance of real property in a will is referred to as:

(Multiple Choice)
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Which of the following is/are considered an act/acts of possession?

(Multiple Choice)
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