Exam 22: Real Property and Land-Use Control

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Aron and Breezy own a house in Chicago as joint tenants.Aron sells his ownership rights in the house to Dillon.Breezy and Dillon own the condo as

(Multiple Choice)
5.0/5
(38)

In most jurisdictions, a seller has a duty to disclose any known defect that materially affects the value of the property and that a buyer could not reasonably discover.

(True/False)
4.8/5
(37)

A sale of real estate is a complicated transaction that involves certain formalities that are not required in a sale of goods.

(True/False)
4.9/5
(40)

Persons cannot share ownership rights simultaneously in particular property (including real property and personal property)-one person's interest is always superior.

(True/False)
4.9/5
(46)

Most states allow the use of the power of eminent domain for urban redevelopment projects that benefit private developers.

(True/False)
4.7/5
(39)

Region Construction Company has a right to drive its trucks across Staple Business, Inc.'s property, which is adjacent to Region's office.This right is

(Multiple Choice)
4.8/5
(39)

Kristen signs a one-year lease with Lamont to occupy an apartment in Minneapolis near the University of Minnesota.Kristen's tenancy is

(Multiple Choice)
4.9/5
(45)

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

(True/False)
4.7/5
(35)

Plant life is considered to be real property.

(True/False)
4.8/5
(35)

Lucas owns Muddy Flats Ranch in New Mexico.The exterior boundaries of the land extend

(Multiple Choice)
4.8/5
(35)

Marco conveys three acres of wetlands to Nature Preserves, Inc., with a deed that warrants only that Marco held good title during his ownership of the property.This deed is

(Multiple Choice)
4.9/5
(31)

Barlow owns the surface rights for Canyon Ranch, but does not own the subsurface rights.Dusty owns the subsurface rights.Canyon Ranch includes a house, a bunkhouse, and two barns, which are damaged when Dusty is excavating for minerals under the surface.Most likely responsible for the damage is

(Multiple Choice)
4.8/5
(50)
Showing 61 - 72 of 72
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)