RIGHTS - Chapter 2

Descripción

Test sobre RIGHTS - Chapter 2, creado por cfran51821 el 30/10/2015.
cfran51821
Test por cfran51821, actualizado hace más de 1 año
cfran51821
Creado por cfran51821 hace más de 8 años
66
0

Resumen del Recurso

Pregunta 1

Pregunta
The government's right to make laws and regulations for the general welfare is known as:
Respuesta
  • eminent domain
  • police power
  • escheat
  • the bundle of rights

Pregunta 2

Pregunta
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:
Respuesta
  • entry
  • escheat
  • eminent domain
  • police power

Pregunta 3

Pregunta
A private landowner has the right to:
Respuesta
  • 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

Pregunta 4

Pregunta
In order to be effective, a lien should be:
Respuesta
  • recorded
  • published
  • renewed
  • delivered

Pregunta 5

Pregunta
The total collection of rights that may be claimed by private ownership is best described as:
Respuesta
  • the fee simple system
  • an estate
  • freehold
  • the bundle of rights

Pregunta 6

Pregunta
In real estate law, the word fee is closest in meaning to:
Respuesta
  • possession
  • an estate of inheritance
  • a tax or assessment on land
  • a real estate commission

Pregunta 7

Pregunta
Which of the following is correct about an estate?
Respuesta
  • 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

Pregunta 8

Pregunta
Bob gives an estate to Jim for the life of Sue. Which of the following is true?
Respuesta
  • Jim has an estate pur autrie vie
  • Bob has a possessory estate
  • Sue is the person in remainder
  • Sue has a reversionary interest

Pregunta 9

Pregunta
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:
Respuesta
  • an attachment
  • a judgement
  • a writ of execution
  • a lien

Pregunta 10

Pregunta
Except for property tax liens and in some cases mechanic's liens, priority of liens is determined by the:
Respuesta
  • amount of the debt
  • date of default
  • date of recording
  • court at the time of foreclosure

Pregunta 11

Pregunta
Jones, a life tenant, grants Smith an easement across Jones's land. Later Jones dies. The easement will:
Respuesta
  • go to Jones's heirs
  • terminate
  • remain Smith's
  • not be enforceable because a life tenant cannot grant an easement without committing waste

Pregunta 12

Pregunta
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?
Respuesta
  • 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

Pregunta 13

Pregunta
Unauthorized intrusion of a building, improvement, or other attachment onto a neighboring land is:
Respuesta
  • an easement
  • an encroachment
  • a lien
  • an estate

Pregunta 14

Pregunta
Smith signs an agreement with Jones to use and possess Jones's land until May 1st. Their agreement creates:
Respuesta
  • a less-than-freehold estate for Jones
  • a periodic tenancy
  • an estate for years
  • a reversionary estate for Smith

Pregunta 15

Pregunta
All of the following can be characteristic of an easement EXCEPT:
Respuesta
  • 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

Pregunta 16

Pregunta
Telephone lines are examples of:
Respuesta
  • an easement in gross
  • a legally valid encroachment
  • an easement appurtenant
  • a non-revocable license

Pregunta 17

Pregunta
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?
Respuesta
  • 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

Pregunta 18

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

Pregunta 19

Pregunta
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?
Respuesta
  • 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

Pregunta 20

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

Pregunta 21

Pregunta
A "freehold estate" is defined as one that:
Respuesta
  • has a condition attached to it
  • includes as estate for years
  • is similar to a leasehold
  • will last indefinitely

Pregunta 22

Pregunta
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:
Respuesta
  • the mortgage lender
  • the community
  • the breadwinner
  • the bereaved family

Pregunta 23

Pregunta
Revocable permission granted to hunt on another's land is an example of
Respuesta
  • an incorporeal easement
  • a license
  • an easement by prescription
  • an easement appurtenant

Pregunta 24

Pregunta
What do dower and curtesy rights have in common?
Respuesta
  • Legal life estate
  • Possessory estate
  • Leasehold estate
  • Remainder estate

Pregunta 25

Pregunta
Which of the following phrases would be most typical of a fee simple determinable estate?
Respuesta
  • "provided that"
  • "on the expressed condition"
  • "with the intention of"
  • "for so long as"
Mostrar resumen completo Ocultar resumen completo

Similar

Co-Ownership
Ravneet Bola
PROPERTY - Chapter 1
cfran51821
Chapter 8
Ryan Fryer
Real Estate Exam 1
lossingraham
Property Law (notes based)
Michaela Seal
Contracts (Pennsylvania Real Estate ch. 9)
Laila Enchante
OLA 1984 trespassers
pavlina.hunt
Midterm 1
nvelazco
Leases
meyer cohn
Property Law
Michaela Seal
Property Relations
sharon dolon