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Quiz am RIGHTS - Chapter 2, erstellt von cfran51821 am 30/10/2015.

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RIGHTS - Chapter 2

Frage 1 von 25

4

The government's right to make laws and regulations for the general welfare is known as:

Wähle eine der folgenden:

  • eminent domain

  • police power

  • escheat

  • the bundle of rights

Erklärung

Frage 2 von 25

4

The City of Atlanta has condemned Nelson's land in order to extend its rapid transit services. This procedure is made possible because of the city's right of:

Wähle eine der folgenden:

  • entry

  • escheat

  • eminent domain

  • police power

Erklärung

Frage 3 von 25

4

A private landowner has the right to:

Wähle eine der folgenden:

  • reject a claim for taxes

  • repudiate a zoning ordinance

  • disinherit heirs

  • refuse to sell the property or otherwise prevent the city from taking it for use as a street

Erklärung

Frage 4 von 25

4

In order to be effective, a lien should be:

Wähle eine der folgenden:

  • recorded

  • published

  • renewed

  • delivered

Erklärung

Frage 5 von 25

4

The total collection of rights that may be claimed by private ownership is best described as:

Wähle eine der folgenden:

  • the fee simple system

  • an estate

  • freehold

  • the bundle of rights

Erklärung

Frage 6 von 25

4

In real estate law, the word fee is closest in meaning to:

Wähle eine der folgenden:

  • possession

  • an estate of inheritance

  • a tax or assessment on land

  • a real estate commission

Erklärung

Frage 7 von 25

4

Which of the following is correct about an estate?

Wähle eine der folgenden:

  • It can exist simultaneously with another estate in the same property

  • Upon the death of the owner, it either goes to the owner's heirs or to the state by escheat

  • The owner is always assured of possession

  • Its duration is either forever or for a lifetime

Erklärung

Frage 8 von 25

4

Bob gives an estate to Jim for the life of Sue. Which of the following is true?

Wähle eine der folgenden:

  • Jim has an estate pur autrie vie

  • Bob has a possessory estate

  • Sue is the person in remainder

  • Sue has a reversionary interest

Erklärung

Frage 9 von 25

4

A right or claim of a creditor to have a debt satisfied from the proceeds of the sale of the debtor's property in the event of default is:

Wähle eine der folgenden:

  • an attachment

  • a judgement

  • a writ of execution

  • a lien

Erklärung

Frage 10 von 25

4

Except for property tax liens and in some cases mechanic's liens, priority of liens is determined by the:

Wähle eine der folgenden:

  • amount of the debt

  • date of default

  • date of recording

  • court at the time of foreclosure

Erklärung

Frage 11 von 25

4

Jones, a life tenant, grants Smith an easement across Jones's land. Later Jones dies. The easement will:

Wähle eine der folgenden:

  • go to Jones's heirs

  • terminate

  • remain Smith's

  • not be enforceable because a life tenant cannot grant an easement without committing waste

Erklärung

Frage 12 von 25

4

The Jones's have purchased an acre of and in Elite Acres subdivision and are aware of the fact that covenants might limit the ways in which they use their property. Which is true of private restrictions?

Wähle eine der folgenden:

  • The covenants cannot restrict the type of architecture they choose for their home

  • There could be a restriction on selling the home within the first three years after it is constructed

  • If a covenant specifies one acre of land per dwelling but local zoning permits two houses per acre, they can build two

  • Covenants can be based on aesthetic considerations

Erklärung

Frage 13 von 25

4

Unauthorized intrusion of a building, improvement, or other attachment onto a neighboring land is:

Wähle eine der folgenden:

  • an easement

  • an encroachment

  • a lien

  • an estate

Erklärung

Frage 14 von 25

4

Smith signs an agreement with Jones to use and possess Jones's land until May 1st. Their agreement creates:

Wähle eine der folgenden:

  • a less-than-freehold estate for Jones

  • a periodic tenancy

  • an estate for years

  • a reversionary estate for Smith

Erklärung

Frage 15 von 25

4

All of the following can be characteristic of an easement EXCEPT:

Wähle eine der folgenden:

  • an easement creates an interest that may be protected from third party interference

  • an easement can be created by conveyance

  • an easement is an incorporeal right in the land of another

  • an easement may be revoked at will by the servient landowner

Erklärung

Frage 16 von 25

4

Telephone lines are examples of:

Wähle eine der folgenden:

  • an easement in gross

  • a legally valid encroachment

  • an easement appurtenant

  • a non-revocable license

Erklärung

Frage 17 von 25

4

The law allows a person furnishing labor or materials for the improvement of real property to file a mechanic's lien against the property so improved if he/she is not paid. Which of the following is correct concerning such liens?

Wähle eine der folgenden:

  • A mechanic's lien takes priority over all other liens

  • A mechanic's lien is a general lien

  • A mechanic's lien filed by a subcontractor is ineffective against a property owner who has proof of having paid the general contractor

  • A mechanic's lien will expire if the claimant does not take the necessary steps to enforce it

Erklärung

Frage 18 von 25

4

All of the following can be acceptable methods of terminating an easement EXCEPT:

Wähle eine der folgenden:

  • abandonment of the easement by the owner of the dominant estate

  • the owner of the servient estate openly and continuously prevents the easement owner from exercising his/her right of use for a statutory period of time

  • express release to the owner of the servient estate by the owner of the dominant estate

  • revocation of the easement by the owner of the servient estate

Erklärung

Frage 19 von 25

4

Farmer Brown is tired of hard work. He is deeding acres of his farm to his son and keeping only acres and a house for his own use. He will need an easement across his son's land so that he can get to his own. How is the easement created?

Wähle eine der folgenden:

  • Through a reservation in the deed

  • By having the son sign a lease

  • By recording a new plat map and survey

  • Through an exception in the deed

Erklärung

Frage 20 von 25

4

Which of the following is INCORRECT concerning a conventional life estate?

Wähle eine der folgenden:

  • The owner is called the life tenant

  • The owner does not have to die for the estate to end

  • Life estate always pass to the remainderman

  • A life estate may be sold, leased, or mortgaged

Erklärung

Frage 21 von 25

4

A "freehold estate" is defined as one that:

Wähle eine der folgenden:

  • has a condition attached to it

  • includes as estate for years

  • is similar to a leasehold

  • will last indefinitely

Erklärung

Frage 22 von 25

4

A "homestead" might be defined as a family home. Some states have Homestead Laws which affords some protection for the home from seizure to pay debts of a deceased owner/breadwinner. These laws are designed to protect:

Wähle eine der folgenden:

  • the mortgage lender

  • the community

  • the breadwinner

  • the bereaved family

Erklärung

Frage 23 von 25

4

Revocable permission granted to hunt on another's land is an example of

Wähle eine der folgenden:

  • an incorporeal easement

  • a license

  • an easement by prescription

  • an easement appurtenant

Erklärung

Frage 24 von 25

4

What do dower and curtesy rights have in common?

Wähle eine der folgenden:

  • Legal life estate

  • Possessory estate

  • Leasehold estate

  • Remainder estate

Erklärung

Frage 25 von 25

4

Which of the following phrases would be most typical of a fee simple determinable estate?

Wähle eine der folgenden:

  • "provided that"

  • "on the expressed condition"

  • "with the intention of"

  • "for so long as"

Erklärung