Deck 48: Personal Property, Real Property, and Land Use Law
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Deck 48: Personal Property, Real Property, and Land Use Law
1
The legal term for ownership rights in property is possession.
False
2
Tangible property is property that can be touched and physically possessed.
True
3
A bailment relationship is created when the bailor (owner of the property) entrusts a bailee to temporarily hold the property, usually for the parties' mutual benefit (e.g., dry cleaners are bailees).
True
4
Businesses often choose to purchase personal property, especially equipment, rather than lease it.
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5
To gain title to a parcel of property through adverse possession, the acquiring party must demonstrate that she has possessed it in a certain way for a certain period.
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6
The most common way for commercial real estate to be transferred is through a lease.
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7
In addition to taking action to recover damages via the security deposit, a landlord also may remove the tenant through eviction.
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8
If a tenant violates the duty to pay rent or the duty to act reasonably in the use of the property, the common law allows several remedies to help the landlord recover damages.
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9
The Sixth Amendment provides state and federal government the authority to take private property for public use and to compensate the owner under the powers of eminent domain
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10
The legal term for ownership rights in property is __________.
A) possession
B) title
C) in rem
D) maximums
A) possession
B) title
C) in rem
D) maximums
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11
The duties of a tenant are to pay the rent and to act __________ in his care and use of the property.
A) as a fiduciary
B) maliciously
C) fair
D) reasonably
A) as a fiduciary
B) maliciously
C) fair
D) reasonably
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12
What is not a tenant's basic right?
A) possession
B) quiet enjoyment
C) habitability
D) option to purchase
A) possession
B) quiet enjoyment
C) habitability
D) option to purchase
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13
What are the exceptions to a zoning law called when a zoning board or commission is appointed by the local government to handle appeals from decisions of the zoning officer and to consider applications for parties?
A) eminent domain
B) variances
C) easements
D) zoning
A) eminent domain
B) variances
C) easements
D) zoning
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14
The __________ Amendment provides state and federal government the authority to take private property for public use and to compensate the owner under the powers of eminent domain.
A) First
B) Third
C) Fourth
D) Fifth
A) First
B) Third
C) Fourth
D) Fifth
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15
__________ is traditionally invoked using a condemnation proceeding.
A) Litigation
B) Eminent domain
C) Arraignment
D) None of these choices are correct.
A) Litigation
B) Eminent domain
C) Arraignment
D) None of these choices are correct.
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