Exam 48: Interests in Real Property

A leasehold from week to week or month to month is called a(n):

Mariella's purchase of a ticket to the ballet grants her a license to use the theater's premises during the performance, but it does not give her an interest in the real property.

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

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

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

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

Breach of the implied warranty of habitability allows a tenant to withhold rent according to most courts.

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

Landlords can evict a tenant if:

Which of the following represents concurrent property ownership?

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

Mother conveyed her lakefront property to her daughter, Ellen, for life and then to Ellen's children, but if Ellen had no children, to Mark. Mark has a contingent remainder.

Grandfather conveyed to Erin the right to the family farm after her grandmother dies. This is called:

Bess, Ray, and Irwin inherited 48 acres of land, which they own as tenants in common. If Bess decides she wants to live on a portion of the land, in order to get clear title to that portion:

Promises made by the landlord and tenant to each other in the lease to do or not to do certain acts are known as:

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?

If Dan subleases his apartment to Susan for the summer, Susan is primarily liable to pay the landlord the rent.

Frank provided in his will that his 50 acres were to go to the city in fee simple for a soccer complex as long as no alcoholic beverages were sold on the premises. If alcohol is sold, the property is to go to Frank's estate. The estate created in the city is a:

The implied warranty of habitability:

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