Exam 26: Real Property and Land-Use Control

It is presumed that a co-tenancy is a joint tenancy unless there is a clear intention to establish a tenancy in common.

Utility Power Company has the right to run its power lines across Velma's land.This is

A special warranty deed provides the most protection against defects of title.

Real estate sales contract are often made contingent on the buyer obtaining financing.

Edna and Flavia buy a boat that they dock in a marina near Gulfport,Mississippi.On the death of either owner,that owner's interest in the boat passes to her heirs.This is

To widen a highway,the state of Ohio obtains,through a judicial proceeding,title to the individual lots in a residential neighborhood.A subsequent proceeding will determine

A seller generally has a duty to disclose any known defect that materially affects the value of the property.

Eminent domain is the right of an owner in fee simple absolute to transfer property to whomever he or she wishes.

In a fee simple absolute,the owner has the greatest aggregation of rights,privileges,and power possible.

The government can take private property for a public use.

Sunny City wants to acquire undeveloped land within the city limits to convert into a public park.Sunny City brings a judicial proceeding to obtain title to the land.This is an exercise of

Any restriction on an owner's use of his or her land is a taking that requires the payment of just compensation.

A profit 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.

Persons who share ownership rights simultaneously are life tenants.

Patsy possesses twenty-four acres of remote,rugged land.Patsy has the right to use the property,including extracting silver from an existing mine,for life.Patsy also has the right to lease the land for a period not to exceed her life.This ownership interest is

Rolling Stock Company has used a strip of Storage Warehouse Corporation's land,which adjoins its property,as a right-of-way for years.The use has been apparent,without Storage's permission,for a period time equal to the applicable statute of limitations.Rolling's use has created

Most states do not limit the government's ability to take private property and give to private developers.

With respect to Egor's land,Fig has an easement,Gabe has a profit,and Huck has a license.A right to possess the land is owned by

Lucky owns Mud Flats Ranch,which is situated on certain Nevada acreage.The exterior boundaries of the land extend

An easement may arise by implication.