Exam 37: Real Property

Subsurface rights are never valuable. 

Bill tells Ray that he can swim in Bill's lake whenever he wants.Ray swims Bill's lake several times over the course of five years.Bill then decides that he does not want Ray to swim in the lake anymore.Bill​ 

The sale of crops separate from the land is governed by real property law. 

All-Mart Discount Stores Corporation contracts to buy ten acres from Suburban Enterprises,Inc.,as a site for a new store.The contract calls for a "warranty deed."  According to a survey that All-Mart commissions,one corner of an adjacent,enclosed parking lot is on part of the property that Suburban is attempting to convey.Can All-Mart avoid the contract?  If so,on what basis? If not,why not?​

Rollo deeds a plot of timberland to Scholars University as a gift.The university pays nothing for the property.Rollo has given the university​ 

Wilson has an easement that allows him to drive across Dave's land to get to Wilson's house.Janet has a license to fish in Dave's lake whenever she wants.A nonpossessory interest in Dave's property is held by​ 

The exterior boundaries of land extend down to the depth of the deepest hole and up to the height of the tallest structure and no further. 

A life tenant is NOT required to pay property taxes. 

The rights that accompany a fee simple absolute include the right to use the land for whatever purpose it is best suited,not necessarily for whatever purpose the owner sees fit. 

Hank,the owner of Idle Farm,sells Jessie a right to camp on Idle land overnight.Jessie's right is 

Sol allows Tiffany to camp on his land for several days and take photos for an upcoming exhibit of landscape photography.Sol has given Tiffany 

Roderick possesses five hundred acres of forested property.Roderick has the right to use the land,including cutting its timber,for life.Roderick also has the right to lease the land for a period not to exceed his life.This ownership interest is​ 

A license is a right to go onto land owned by another and take away some part of the land itself or some product of the land. 

A easement is the right to make limited use of another person's real property without taking anything from the property. 

Surface and subsurface rights cannot be separated. 

The protection of an individual's right to his or her property has become one of our most important rights. 

Mineral Products Corporation,which owns no land,has a right to mine the copper from Natural Resource Company's land.Mineral's right is​ 

A profit is the revocable right of a person to come onto another person's land. 

Margaret has a tomato farm.When Margaret sells her farm to Jackie she does not include the tomatoes.Margaret sells the tomatoes separately to Wendy.The sale of the tomatoes is governed by​ 

Flights over private land normally do NOT violate the property owners' rights.