Question 1

When a house is built on a lot, the house is an example of

Accepted Answer

A)  a profit a prendre. 
B)  real property. 
C)  a chattel. 
D)  a house is not considered property. 
E)  an easement. 
A)  a profit a prendre. 
B)  real property. 
C)  a chattel. 
D)  a house is not considered property. 
E)  an easement.

Question 2

Explain what is meant by a fee simple interest.

Accepted Answer

This is the highest interest in land tha

Question 3

A gratuitous bailment can occur when someone borrows an item from a neighbour.

Accepted Answer

A) True 
 B)False

Question 4

Marian met with the owner of a warehouse and contracted for factory space for a two-year term. The amount to be paid ($22,400 yearly) and the premises were made clear, but nothing else was discussed. The law, however, implies some terms. Which of the following is a term of the contract?

Accepted Answer

A)  The landowner has no obligation to provide vacant possession at the time the lease period is to start. 
B)  The landlord need not provide quiet enjoyment of the premises. 
C)  The landlord has no general obligation to deliver premises that are clean or in good repair. 
D)  The premises will be reasonably fit for Marian's purpose. 
E)  The tenant is responsible for normal wear and tear. 
A)  The landowner has no obligation to provide vacant possession at the time the lease period is to start. 
B)  The landlord need not provide quiet enjoyment of the premises. 
C)  The landlord has no general obligation to deliver premises that are clean or in good repair. 
D)  The premises will be reasonably fit for Marian's purpose. 
E)  The tenant is responsible for normal wear and tear.

Question 5

The term "equity," in common use, describes the value of property after all debts and claims owing on it are deducted.

Accepted Answer

A) True 
 B)False

Question 6

Indicate what is meant by real property.

Accepted Answer

Real property includ

Question 7

Zack, Virgil, and Craig have been friends for several years and are all worried about the alarming rise in land prices. They want to go in together and buy a four-acre parcel of land in the country. There is a small cabin on it. They hope that the land value will appreciate, and they want to sell it in a few years to help finance a house of their own. Read each of the following separately and indicate which is true with regard to their ownership of this property.

Accepted Answer

A)  If they do not indicate on the transfer documents the nature of the co-ownership, the law presumes they will be joint tenants. 
B)  In Canada, in strict legal terms, the only owner of land is the Crown, and if they buy land free and clear, they are only getting a life estate. 
C)  Ownership of the fee simple does not guarantee their right to everything below the surface of their property. 
D)  If they buy the land and do not take possession, in some provinces they could lose their right to claim possession and their rights become a fee simple estate. 
E)  Ownership of the property entitles them not only to the surface of the earth between the boundaries, but also to the infinite airspace above and everything below the surface of their property. 
A)  If they do not indicate on the transfer documents the nature of the co-ownership, the law presumes they will be joint tenants. 
B)  In Canada, in strict legal terms, the only owner of land is the Crown, and if they buy land free and clear, they are only getting a life estate. 
C)  Ownership of the fee simple does not guarantee their right to everything below the surface of their property. 
D)  If they buy the land and do not take possession, in some provinces they could lose their right to claim possession and their rights become a fee simple estate. 
E)  Ownership of the property entitles them not only to the surface of the earth between the boundaries, but also to the infinite airspace above and everything below the surface of their property.

Question 8

Most legal issues arising from protection of the environment relate to

Accepted Answer

A)  passing-off. 
B)  moral rights. 
C)  natural resource development. 
D)  trespass. 
E)  nuisance. 
A)  passing-off. 
B)  moral rights. 
C)  natural resource development. 
D)  trespass. 
E)  nuisance.

Question 9

An agreement for sale includes the right to retake possession if the person buying the land fails to pay installments.

Accepted Answer

A) True 
 B)False

Question 10

What is meant by a chattel?

Accepted Answer

A chattel is a tangi

Question 11

Discuss how the process of an item becoming a fixture can interfere with the priority of creditors in secured transactions.

Accepted Answer

A fixture is an item of personal propert

Question 12

In 2015, Jonah sold a building to his two married sons: Bert and Charles. In 2016, Charles was thinking of severing the joint tenancy, but before anything was said or done, Charles and Bert both drowned in a boating accident. Charles died immediately, but Bert died two months later, never having regained consciousness. Charles had willed his interest in the property to his wife and Bert had willed his to his son. On these facts, which of the following is true?

Accepted Answer

A)  As soon as they made the wills, the parties became joint tenants. 
B)  Charles' wife and Bert's son now have a leasehold interest in the building. 
C)  Charles' wife and Bert's son have now acquired possession through adverse possession. 
D)  Bert's son is entitled to the whole property. 
E)  Charles' wife is entitled to the whole property. 
A)  As soon as they made the wills, the parties became joint tenants. 
B)  Charles' wife and Bert's son now have a leasehold interest in the building. 
C)  Charles' wife and Bert's son have now acquired possession through adverse possession. 
D)  Bert's son is entitled to the whole property. 
E)  Charles' wife is entitled to the whole property.

Question 13

Explain what is meant by a person obtaining a right of way by prescription.

Accepted Answer

If a person is allowed to go across land

Question 14

Discuss the various obligations of bailees when looking after the property of others.

Accepted Answer

Bailment takes place when one person has

Question 15

Which of the following is not considered personal property in legal terms?

Accepted Answer

A)  Intangible property or chose in action 
B)  A claim against someone that has value 
C)  Intellectual property (ideas and creative work) 
D)  Chattels 
E)  A good affixed to real property 
A)  Intangible property or chose in action 
B)  A claim against someone that has value 
C)  Intellectual property (ideas and creative work) 
D)  Chattels 
E)  A good affixed to real property

Question 16

Define "equity of redemption" and briefly discuss its origin.

Accepted Answer

Although title of a foreclosed property

Question 17

What is meant by the term "distress" in the context of landlord-tenant relations?

Accepted Answer

This refers to seizure by the

Question 18

Mr. Bucks owned a 10-hectare property in Langley. He subdivided the land into two 5-hectare lots. He decided to keep lot A for himself and to sell lot B. His friend and neighbour, Ms. Goode, wanted lot B, so they made the following deal: for lot B, Ms. Goode would give Bucks $100,000, her car, a right-of-way of 3 meters along the east side of lot B to provide access to the highway, her promise not to remove any of the cedar trees (a row of which benefits lot A by blocking the view of a factory) and her promise to plant a 5-metre-long laurel hedge to block his view of her driveway. All promises were registered. Which one of the following is true?

Accepted Answer

A)  This kind of deal for land is not possible because it is too complicated. 
B)  Ms. Goode would have to comply with all the terms of this contract except for the part about the laurel hedge, because that is a positive covenant. 
C)  With regard to the right of way, lot B is the dominant tenement and lot A is the servient tenement. 
D)  If the right-of-way is properly registered in the land title office, it would bind subsequent purchasers of either lot A or lot B even though they were not privy to the original contract. 
E)  If Ms. Goode sells lot B to Mr. Ho, Mr. Ho could cut down the cedar trees because the promise was part of the contract between Mr. Bucks and Ms. Goode, to which Mr. Ho was not privy and which therefore does not affect him. 
A)  This kind of deal for land is not possible because it is too complicated. 
B)  Ms. Goode would have to comply with all the terms of this contract except for the part about the laurel hedge, because that is a positive covenant. 
C)  With regard to the right of way, lot B is the dominant tenement and lot A is the servient tenement. 
D)  If the right-of-way is properly registered in the land title office, it would bind subsequent purchasers of either lot A or lot B even though they were not privy to the original contract. 
E)  If Ms. Goode sells lot B to Mr. Ho, Mr. Ho could cut down the cedar trees because the promise was part of the contract between Mr. Bucks and Ms. Goode, to which Mr. Ho was not privy and which therefore does not affect him.

Question 19

What's the significance of an item being identified as a trade fixture?

Accepted Answer

A trade fixture is fixed to the land for

Question 20

Which of the following is the correct definition of a chattel?

Accepted Answer

A)  A chattel is a name used to describe the land registration system in place in the Western provinces. 
B)  Chattel is an intangible form of personal property, such as a debt or claim. 
C)  Chattel refers to intellectual property such as patents and copyrights. 
D)  Chattel is the term used to describe tangible personal property or movables. 
E)  The term chattel is the broad term used to describe any kind of property interest. 
A)  A chattel is a name used to describe the land registration system in place in the Western provinces. 
B)  Chattel is an intangible form of personal property, such as a debt or claim. 
C)  Chattel refers to intellectual property such as patents and copyrights. 
D)  Chattel is the term used to describe tangible personal property or movables. 
E)  The term chattel is the broad term used to describe any kind of property interest.

When a house is built on a lot, the house is an example of

Explain what is meant by a fee simple interest.

A gratuitous bailment can occur when someone borrows an item from a neighbour.

Marian met with the owner of a warehouse and contracted for factory space for a two-year term. The amount to be paid ($22,400 yearly) and the premises were made clear, but nothing else was discussed. The law, however, implies some terms. Which of the following is a term of the contract?

The term "equity," in common use, describes the value of property after all debts and claims owing on it are deducted.

Indicate what is meant by real property.

Most legal issues arising from protection of the environment relate to

An agreement for sale includes the right to retake possession if the person buying the land fails to pay installments.

What is meant by a chattel?

Discuss how the process of an item becoming a fixture can interfere with the priority of creditors in secured transactions.

Explain what is meant by a person obtaining a right of way by prescription.

Discuss the various obligations of bailees when looking after the property of others.

Which of the following is not considered personal property in legal terms?

Define "equity of redemption" and briefly discuss its origin.

What is meant by the term "distress" in the context of landlord-tenant relations?

What's the significance of an item being identified as a trade fixture?

Which of the following is the correct definition of a chattel?

Managing Your Legal Affairs

Introduction to the Legal System

The Resolution of Disputes: the Courts and Alternatives to Litigation

Intentional Torts and Torts Impacting Business

Negligence, Professional Liability, and Insurance

The Elements of a Contract: Consensus and Consideration

The Elements of a Contract: Capacity, Legality, and Intention

Factors Affecting the Contractual Relationship

The End of the Contractual Relationship

Agency and Partnership

Corporations

Employment

Intellectual Property

Priority of Creditors

Sales and Consumer Protection

Filters

Exam 14: Real and Personal Property and Protection of the Environment

When a house is built on a lot, the house is an example of

Explain what is meant by a fee simple interest.

A gratuitous bailment can occur when someone borrows an item from a neighbour.

Marian met with the owner of a warehouse and contracted for factory space for a two-year term. The amount to be paid ($22,400 yearly) and the premises were made clear, but nothing else was discussed. The law, however, implies some terms. Which of the following is a term of the contract?

The term "equity," in common use, describes the value of property after all debts and claims owing on it are deducted.

Indicate what is meant by real property.

Most legal issues arising from protection of the environment relate to

An agreement for sale includes the right to retake possession if the person buying the land fails to pay installments.

What is meant by a chattel?

Discuss how the process of an item becoming a fixture can interfere with the priority of creditors in secured transactions.

Explain what is meant by a person obtaining a right of way by prescription.

Discuss the various obligations of bailees when looking after the property of others.

Which of the following is not considered personal property in legal terms?

Define "equity of redemption" and briefly discuss its origin.

What is meant by the term "distress" in the context of landlord-tenant relations?

What's the significance of an item being identified as a trade fixture?

Which of the following is the correct definition of a chattel?

Managing Your Legal Affairs

Introduction to the Legal System

The Resolution of Disputes: the Courts and Alternatives to Litigation

Intentional Torts and Torts Impacting Business

Negligence, Professional Liability, and Insurance

The Elements of a Contract: Consensus and Consideration

The Elements of a Contract: Capacity, Legality, and Intention

Factors Affecting the Contractual Relationship

The End of the Contractual Relationship

Agency and Partnership

Corporations

Employment

Intellectual Property

Priority of Creditors

Sales and Consumer Protection

Filters