Exam 38: Real Property

Investment Properties Corporation conveys an office building to Bob with a deed that makes the greatest number of warranties and provides the most extensive protection against defects of title.This deed is

Kailin owns a farm near Manhattan,Kansas,with a farmhouse,barn,and other structures permanently attached.Kailin grows soybeans on the property.A pond lies within the boundaries.Land includes

A life tenant is NOT required to pay property taxes.

Chita owns the land on which Downwind Farm is situated,plus the farmhouse,barn,and other structures permanently attached to the land.Chita's brother Elvin owns everything else on the farm-implements,seed,and so on.The real property is owned by

For a party to take by adverse possession,the party's possession must not be hostile to the true owner's rights.

Ownership of property exists independently of the legal system.

Crops that are sold with the piece of land they are growing on are considered real property.

Marshall owns a piece of land,but James owns the mineral rights to Marshall's land.James wishes to sell the mineral rights.James

Billy tells Raymond that he can come swimming in Billy's lake whenever he wants.Raymond comes to Billy's lake several times over the course of five years.Billy then decides that he does not want Raymond to come swimming anymore.Billy

Silas sells his farm to Kathy.The title is transferred by deed.Kathy is the

To acquire the ownership of a mountain cabin by ad?verse possession,Cody must occupy the cabin exclusively,continuously,and peaceably for a specified period of time

Eminent domain refers to the right of an owner in fee simple to do what?ever he or she wishes with the property.

To widen a highway,the state of Ohio obtains,through a judicial pro?ceed?ing,title to the individual lots in a residential neighborhood. A sub?se?quent proceeding will determine

The covenant of quiet enjoyment guarantees that the buyer will not be disturbed in his or her possession of the land by the seller or any third persons.

William owns a field where he grows cotton.When William sells the field to Grace,he includes the cotton that is growing in the field.This sale is governed by

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

Eric owns a beach house in California.His ownership is considered fee simple absolute.Eric's fee simple

Jack owns the surface rights for Rocky Ridge Ranch,but does not own the subsurface rights.Ginny owns the subsurface rights.Rocky Ridge Ranch has a historic barn,which is damaged when Ginny is excavating minerals from the ranch.Who is most likely responsible for the damage to the barn?

Mix-It Concrete Company has the right to enter Nim's land and remove the rock from Nim's quarry.This is

The rights that accompany a fee simple absolute include the right to use the land for whatever purpose the owner sees fit.