Question 1

Under the common law, a landlord is under an obligation to provide or maintain the premises in a livable condition.

Accepted Answer

A) True 
 B)False

Question 2

To create a joint tenancy, the tenants must assume title by the same instrument.

Accepted Answer

A) True 
 B)False

Question 3

An easement in gross is personal to the one individual who obtained that right and will not pass to another owner of the property.

Accepted Answer

A) True 
 B)False

Question 4

Explain what is meant by an implied warranty of habitability and how this doctrine has changed the common law approach with respect to residential leases.

Accepted Answer

Under the common law, the landlord is un

Question 5

A transaction whereby the tenant transfers away her entire interest under a lease is called a(n):

Accepted Answer

A)  sublease. 
B)  assignment. 
C)  eviction. 
D)  abandonment. 
A)  sublease. 
B)  assignment. 
C)  eviction. 
D)  abandonment.

Question 6

Which of the following is NOT an example of concurrent ownership?

Accepted Answer

A)  A joint tenancy. 
B)  A tenancy by the entireties. 
C)  A tenancy in common. 
D)  A lease between a landlord and a tenant. 
A)  A joint tenancy. 
B)  A tenancy by the entireties. 
C)  A tenancy in common. 
D)  A lease between a landlord and a tenant.

Question 7

Larry leases his farm to Tom for a period of twenty years. What interest does Larry have in the land?

Accepted Answer

A)  A vested remainder. 
B)  A reversion. 
C)  A private easement. 
D)  A possibility of reverter. 
A)  A vested remainder. 
B)  A reversion. 
C)  A private easement. 
D)  A possibility of reverter.

Question 8

Ownership of real property for a definite time or for the life of a person is a freehold estate .

Accepted Answer

A) True 
 B)False

Question 9

Landlords are liable for injuries their tenants and others suffer as a result of any criminal conduct of third parties on the leased premises.

Accepted Answer

A) True 
 B)False

Question 10

A leasehold is like a bailment in that it permits the tenant to have a possessory but not an ownership interest in the landlord's estate.

Accepted Answer

A) True 
 B)False

Question 11

A possibility of reverter is the complementary estate to a:

Accepted Answer

A)  fee simple. 
B)  qualified fee. 
C)  life estate. 
D)  reversion. 
A)  fee simple. 
B)  qualified fee. 
C)  life estate. 
D)  reversion.

Question 12

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

Accepted Answer

A)  The landowner agrees to it orally. 
B)  It is necessary for access to the land. 
C)  It is taken by using the land openly in a period of years. 
D)  All of these. 
A)  The landowner agrees to it orally. 
B)  It is necessary for access to the land. 
C)  It is taken by using the land openly in a period of years. 
D)  All of these.

Question 13

The Arbor Apartments can legally restrict tenants to those who are married couples.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A)  "To Arthur and his heirs forever and ever." 
B)  "To Arthur for life and then to his first-born son, but if he has no male children, then to the Catholic Church." 
C)  "To Arthur for life, then to grantor." 
D)  "To Arthur for 100 years and then to the Catholic Church." 
A)  "To Arthur and his heirs forever and ever." 
B)  "To Arthur for life and then to his first-born son, but if he has no male children, then to the Catholic Church." 
C)  "To Arthur for life, then to grantor." 
D)  "To Arthur for 100 years and then to the Catholic Church."

Question 15

A license is generally subject to revocation by the property owner at any time.

Accepted Answer

A) True 
 B)False

Question 16

A future interest remaining in a grantor of property who transfers away less than his entire interest is called a:

Accepted Answer

A)  reversion. 
B)  remainder. 
C)  life estate. 
D)  fee simple absolute. 
A)  reversion. 
B)  remainder. 
C)  life estate. 
D)  fee simple absolute.

Question 17

How may an easement be created?

Accepted Answer

A)  By prescription. 
B)  By reservation. 
C)  By necessity. 
D)  It may be created in all of the above ways. 
A)  By prescription. 
B)  By reservation. 
C)  By necessity. 
D)  It may be created in all of the above ways.

Question 18

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?

Accepted Answer

a. Each of the sisters has an undivided

Question 19

An easement describes a limited possessory interest in the land.

Accepted Answer

A) True 
 B)False

Question 20

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

Accepted Answer

A)  rents his apartment from the cooperative. 
B)  owns his apartment in cooperation with corporate owner. 
C)  owns all the space except the common areas. 
D)  owns only the internal space. 
A)  rents his apartment from the cooperative. 
B)  owns his apartment in cooperation with corporate owner. 
C)  owns all the space except the common areas. 
D)  owns only the internal space.

Exam 48: Interests in Real Property

Under the common law, a landlord is under an obligation to provide or maintain the premises in a livable condition.

To create a joint tenancy, the tenants must assume title by the same instrument.

An easement in gross is personal to the one individual who obtained that right and will not pass to another owner of the property.

Explain what is meant by an implied warranty of habitability and how this doctrine has changed the common law approach with respect to residential leases.

A transaction whereby the tenant transfers away her entire interest under a lease is called a(n):

Which of the following is NOT an example of concurrent ownership?

Larry leases his farm to Tom for a period of twenty years. What interest does Larry have in the land?

Ownership of real property for a definite time or for the life of a person is a freehold estate .

Landlords are liable for injuries their tenants and others suffer as a result of any criminal conduct of third parties on the leased premises.

A leasehold is like a bailment in that it permits the tenant to have a possessory but not an ownership interest in the landlord's estate.

A possibility of reverter is the complementary estate to a:

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

The Arbor Apartments can legally restrict tenants to those who are married couples.

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

A license is generally subject to revocation by the property owner at any time.

A future interest remaining in a grantor of property who transfers away less than his entire interest is called a:

How may an easement be created?

An easement describes a limited possessory interest in the land.

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

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