Exam 24: Real Property

Which of the following convey whatever title the grantor has at the time he executes the deed but do not contain warranties of title?

In community property states, land acquired during marriage will be deemed community property.

Which of the following factors is most significant in determining whether an item of personal property has become a fixture?

Which of the following requires tenants to be married to each other?

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:

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?

Sally has been running a small but popular dance studio in her neighborhood for the last 15 years. Recently, a zoning ordinance mandated her neighborhood as strictly residential where no commercial activities could be undertaken. What is Sally's best approach to continue running her studio if she is asked to close it?

The term _____ is used to describe the nature of a person's ownership interest in real property.

A(n) _____ is a right to enter another person's land and remove some product or part of the land

When a tenant in common dies, his interest in the property does not automatically transfer to the other tenants in common.

In the sale of a home, which of the following would likely be treated as a fixture?

Real property includes land but does not include residential buildings and permanent structures.

Remote control devices used for automatic garage doors are examples of fixtures.

Which of the following deeds uses phrases such as-"I grant", "I bargain and sell" or "I convey" property?

Which of the following is true of zoning ordinances?

Melissa's home is located in small and quiet neighborhood which has been declared a residential area by the local zoning ordinances. She wants to convert her patio into a small bakery for her neighbors who have often expressed their admiration for her baking skills. Does Melissa have any solution?

A purchaser of real property who wishes to receive the broadest protection with respect to the property being conveyed should obtain a:

In order to acquire title to property by adverse possession, the adverse possessor must continually use the property for a statutorily prescribed period of time.

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.

Archibald and Priscilla, an unmarried couple, co-owned a house. Priscilla automatically became the owner of the house upon Archibald's death. What kind of a co-ownership did they have?