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Test sobre RIGHTS - Chapter 2, creado por cfran51821 el 30/10/2015.

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RIGHTS - Chapter 2

Pregunta 1 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • eminent domain

  • police power

  • escheat

  • the bundle of rights

Explicación

Pregunta 2 de 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:

Selecciona una de las siguientes respuestas posibles:

  • entry

  • escheat

  • eminent domain

  • police power

Explicación

Pregunta 3 de 25

4

A private landowner has the right to:

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 4 de 25

4

In order to be effective, a lien should be:

Selecciona una de las siguientes respuestas posibles:

  • recorded

  • published

  • renewed

  • delivered

Explicación

Pregunta 5 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • the fee simple system

  • an estate

  • freehold

  • the bundle of rights

Explicación

Pregunta 6 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • possession

  • an estate of inheritance

  • a tax or assessment on land

  • a real estate commission

Explicación

Pregunta 7 de 25

4

Which of the following is correct about an estate?

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 8 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • Jim has an estate pur autrie vie

  • Bob has a possessory estate

  • Sue is the person in remainder

  • Sue has a reversionary interest

Explicación

Pregunta 9 de 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:

Selecciona una de las siguientes respuestas posibles:

  • an attachment

  • a judgement

  • a writ of execution

  • a lien

Explicación

Pregunta 10 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • amount of the debt

  • date of default

  • date of recording

  • court at the time of foreclosure

Explicación

Pregunta 11 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • go to Jones's heirs

  • terminate

  • remain Smith's

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

Explicación

Pregunta 12 de 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?

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 13 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • an easement

  • an encroachment

  • a lien

  • an estate

Explicación

Pregunta 14 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • a less-than-freehold estate for Jones

  • a periodic tenancy

  • an estate for years

  • a reversionary estate for Smith

Explicación

Pregunta 15 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 16 de 25

4

Telephone lines are examples of:

Selecciona una de las siguientes respuestas posibles:

  • an easement in gross

  • a legally valid encroachment

  • an easement appurtenant

  • a non-revocable license

Explicación

Pregunta 17 de 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?

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 18 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 19 de 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?

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 20 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • 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

Explicación

Pregunta 21 de 25

4

A "freehold estate" is defined as one that:

Selecciona una de las siguientes respuestas posibles:

  • has a condition attached to it

  • includes as estate for years

  • is similar to a leasehold

  • will last indefinitely

Explicación

Pregunta 22 de 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:

Selecciona una de las siguientes respuestas posibles:

  • the mortgage lender

  • the community

  • the breadwinner

  • the bereaved family

Explicación

Pregunta 23 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • an incorporeal easement

  • a license

  • an easement by prescription

  • an easement appurtenant

Explicación

Pregunta 24 de 25

4

What do dower and curtesy rights have in common?

Selecciona una de las siguientes respuestas posibles:

  • Legal life estate

  • Possessory estate

  • Leasehold estate

  • Remainder estate

Explicación

Pregunta 25 de 25

4

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

Selecciona una de las siguientes respuestas posibles:

  • "provided that"

  • "on the expressed condition"

  • "with the intention of"

  • "for so long as"

Explicación