Exam 24: Personal Property, Real Property, and Land Use Law

A sublease occurs when a tenant transfers the entire remaining term of a lease to a third party.

If a student leaves a book bag in class by accident and the professor takes possession to safeguard the bag, a bailment has been formed.

The Uniform Residential Landlord-Tenant Act (URLTA) applies to both commercial and residential agreements.

Unless very extreme circumstances are shown, the tenant's right to habitability will be more strictly enforced in residential leases than in commercial leases.

Ownership of personal property is governed by federal law.

Professor Smith has placed an ad in the school newspaper advertising a laptop computer for sale. Janice is in Professor Smith's economics class and approaches Smith during office hours and purchases the computer. Professor Smith has been at the school for over 10 years and is popular with students and faculty. The price Janice pays is just a bit below the fair market value of the computer. Six months later, the police come to Janice's home and inform her that the computer was stolen.

The right to take away private property for the public good or for public use is called:

Penny is renting an apartment from Albert. Every time Penny flushes the toilet, the toilet overflows and she must clean and mop the floor of her bathroom. She has complained numerous times, but Albert will not fix the problem. Albert is breaching Penny's right to:

The finder of lost property obtains better rights of ownership to that property than anyone else.

George has assigned the lease on his apartment to Brad for a six-month period. Three months later, the apartment is infested with cockroaches. When Brad complains to the landlord, the landlord informs him that his agreement is with George and that only George has the right to enforce habitability and quiet enjoyment complaints. Brad must have George make the complaint to the landlord.

Jon visits an upscale restaurant and allows the valet to take and park his car. The restaurant becomes the ________ of the car in this bailment relationship.

A leasehold estate that runs for fixed periods of time and automatically renews unless terminated by the tenant or landlord is called a ______.

The most common way for commercial real estate to be transferred is by inheritance.

Which of the following is not a potential right a tenant has should a serious dispute arise with the landlord?

Which of the following is a valid bailment?

Mia has written a deed that says, "To Chelsea for life, and upon her death the property shall go back to me." What kind of interest does Mia have in the property upon Chelsea's death?

A life estate gives the owner more rights than a fee simple.

Mike and Kathy have a live Christmas tree in their home. This tree is real property.

An easement written in a deed is called an:

The law tends to provide more protection to residential tenants than it does to commercial tenants.