Exam 24: Real Property
Exam 1: The Nature of Law58 Questions
Exam 2: The Resolution of Private Disputes60 Questions
Exam 3: Business and the Constitution61 Questions
Exam 4: Business Ethics, Corporate Social Responsibility, Corporate Governance, and Critical Thinking61 Questions
Exam 5: Criminal Law and Procedure69 Questions
Exam 6: Intentional Torts67 Questions
Exam 7: Negligence and Strict Liability68 Questions
Exam 8: Intellectual Property and Unfair Competition71 Questions
Exam 9: Introduction to Contracts69 Questions
Exam 10: The Agreement: Offer70 Questions
Exam 11: The Agreement: Acceptance68 Questions
Exam 12: Consideration69 Questions
Exam 13: Reality of Consent70 Questions
Exam 14: Capacity to Contract66 Questions
Exam 15: Illegality68 Questions
Exam 16: Writing70 Questions
Exam 17: Rights of Third Parties70 Questions
Exam 18: Performance and Remedies70 Questions
Exam 19: Formation and Terms of Sales Contracts68 Questions
Exam 20: Product Liability70 Questions
Exam 21: Performance of Sales Contracts70 Questions
Exam 22: Remedies for Breach of Sales Contracts68 Questions
Exam 23: Personal Property and Bailments69 Questions
Exam 24: Real Property70 Questions
Exam 25: Landlord and Tenant69 Questions
Exam 26: Estates and Trusts70 Questions
Exam 27: Insurance Law70 Questions
Exam 28: Introduction to Credit and Secured Transactions69 Questions
Exam 29: Security Interests in Personal Property68 Questions
Exam 30: Bankruptcy70 Questions
Exam 31: Negotiable Instruments70 Questions
Exam 32: Negotiation and Holder in Due Course68 Questions
Exam 33: Liability of Parties70 Questions
Exam 34: Checks and Electronic Transfers69 Questions
Exam 35: The Agency Relationship70 Questions
Exam 36: Third-Party Relations of the Principal and the Agent71 Questions
Exam 37: Introduction to Forms of Business and Formation of Partnerships70 Questions
Exam 38: Operation of Partnerships and Related Forms70 Questions
Exam 39: Partners Dissociation and Partnerships Dissolution and Winding up69 Questions
Exam 40: Limited Liability Companies, Limited Partnerships, and Limited Liability Limited Partnerships70 Questions
Exam 41: History and Nature of Corporations69 Questions
Exam 42: Organization and Financial Structure of Corporations70 Questions
Exam 43: Management of Corporations70 Questions
Exam 45: Securities Regulation70 Questions
Exam 46: Legal and Professional Responsibilities of Auditors, Consultants, and Securities Professionals70 Questions
Exam 47: Administrative Law70 Questions
Exam 48: The Federal Trade Commission Act and Consumer Protection Laws69 Questions
Exam 49: Antitrust: the Sherman Act70 Questions
Exam 50: The Clayton Act, the Robinson-Patman Act, and Antitrust Exemptions and Immunities70 Questions
Exam 51: Employment Law69 Questions
Exam 52: Environmental Regulation70 Questions
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Amber Blue owns a small hotel of the "bed & breakfast" variety.Hunter Greene,a tenant at Blue's bed & breakfast,sustained severe physical injuries when an intruder broke into Greene's room and attacked him with a baseball bat.The intruder neither was an employee of Blue's nor otherwise had any connection with the bed & breakfast.Green filed a tort action against Blue in an effort to collect damages for the medical expenses,lost earnings,and pain and suffering he experienced as a result of the intruder's attack.Greene argued that owners of commercial property such as a bed & breakfast are liable,as a matter of law,whenever guests are injured while on the premises.Blue argued that such property owners cannot be held liable when the guest's injuries were directly (and criminally)inflicted by a third-party attacker.Evaluate the arguments made,respectively,by Greene and Blue.Explain your supporting reasoning.
(Essay)
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A deed which provides notice to the public at large about the grantee's property interest is called a recorded deed.
(True/False)
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Doug Dillard owns a house that he presently rents out to a family.Dillard would like to convert the house into commercial space (for a store or offices),because the rent he could charge for the property as commercial space would exceed what he is realistically able to charge for the house as a dwelling.The house is located,however,in an area zoned by the city for residential uses only.This means that Dillard cannot convert the house to commercial space unless the city grants him a zoning variance,something the city has refused to do.Dillard has therefore sued the city on the theory that the zoning ordinance and the refusal to grant a variance amount to a taking of his property and entitle him to just compensation under the Fifth Amendment.Will Dillard win his case? Why or why not?
(Essay)
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In community property states,land acquired during marriage will be deemed community property.
(True/False)
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A policy which obligates the grantor for reimbursing to the grantee for loss,if the title proves to be defective is called the policy of abstract title.
(True/False)
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Jane and her brother each own a ½ interest in certain real property as tenants in common.Jane's interest:
(Multiple Choice)
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Homeowner Ann Jameson entered into a 90-day exclusive right to sell listing agreement with a real estate broker,Bill Boor.One week later,Jameson sold the house to her neighbor,Jerry Mateo,who learned that the property was for sale when he saw the "for sale" sign in Jameson's yard.Boor contends that he is entitled to a commission on the sale.Is Boor entitled to a commission? Why or why not?
(Essay)
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One requirement of a joint tenancy is that the co-owners must be married.
(True/False)
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Mary wants to buy an apartment in a building that is owned by ABC Corporation.Mary then purchases stock in ABC Corporation and holds her apartment under a proprietary lease.Under which ownership has Mary acquired title to such an apartment?
(Multiple Choice)
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Which of the following convey whatever title the grantor has at the time he executes the deed but do not contain warranties of title?
(Multiple Choice)
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A broker operating under a(n)_____ contract is entitled to a commission only if he was the first to find a ready,willing,and able buyer.
(Multiple Choice)
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What is the term for a temporary right to enter another person's land for a specific purpose?
(Multiple Choice)
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Which of the following grants a person unconditional power to dispose of the property during her lifetime or upon her death?
(Multiple Choice)
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Remote control devices used for automatic garage doors are examples of fixtures.
(True/False)
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The power of eminent domain enables a private citizen to sue neighbors for any kind of nuisance.
(True/False)
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Sally seeks to list her home with Barry,a real estate broker.Sally and Barry agree that Barry will receive a commission if the home sells within 90 days,regardless of who actually causes the sale of the property.Sally and Barry have a(n):
(Multiple Choice)
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Lisa lives next to a vacant plot that belongs to Carol.Carol has never visited the plot in the last 20 years during which period,Lisa has taken care of it by fencing the plot and mowing the grass.If this continues,Lisa will be able to claim ownership of land based on:
(Multiple Choice)
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Ivor,Queen,and Lear own a building as joint tenants with the right of survivorship.Ivor donated his interest in the building to Day Charity by executing and delivering a deed to Day.Both Queen and Lear refused to consent to Ivor's transfer to Day.Subsequently,both Lear and Queen died.After their deaths,Day's interest in the building consisted of:
(Multiple Choice)
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