Question 1

Edna, Elsa, and Ellen are sisters who own 500 acres of land as tenants in common.Discuss the interest each has in the real estate.

Accepted Answer

Each one has the right to possession and...

Question 2

Possessory interests in property include profits à prendre and easements.

Accepted Answer

A) True 
 B)False

Question 3

The characteristics of a qualified or base fee estate include(s)  that:

Accepted Answer

A)  it is possible to convey or will property to a person to enjoy absolutely, subject to its being taken away at a later date should a certain event occur.
B)  a holder of a qualified fee interest may transfer the property by deed, subject to the initial condition.
C)  a qualified fee interest may pass by intestate succession.
D)  All of these.

Question 4

A freehold estate is a:

Accepted Answer

A)  gratuitous leasehold interest in real property.
B)  right of ownership of real property for an definite time.
C)  right of ownership for the life of a person.
D)  term which refers to an inherited estate.

Question 5

Joanne rents a single-family house and lot for one year starting September 1.If the house burns down, the common law requires:

Accepted Answer

A)  payment of rent up to the time of the destruction.
B)  payment to be suspended until the house is repaired.
C)  termination of the lease.
D)  payment to continue for the entire year.

Question 6

Eviction must be actual.

Accepted Answer

A) True 
 B)False

Question 7

The right to cut and remove trees from another's land would be a(n) :

Accepted Answer

A)  easement.
B)  profit.
C)  license.
D)  covenant.

Question 8

Mother conveyed her lakefront property to her daughter, Ellen, for life and then to Ellen's children, but if Ellen had no children, to Mark.Mark has a contingent remainder.

Accepted Answer

A) True 
 B)False

Question 9

A person with a life estate cannot do which of the following?

Accepted Answer

A)  Strip-mine the land
B)  Build a bridge over the river
C)  Cut a single tree
D)  Put a new roof on the house

Question 10

A license is the limited right to use property for a period of time.

Accepted Answer

A) True 
 B)False

Question 11

A license is generally irrevocable by the property owner.

Accepted Answer

A) True 
 B)False

Question 12

The owner of the servient parcel is generally responsible for maintaining the easement and keeping it in repair.

Accepted Answer

A) True 
 B)False

Question 13

Under the majority view, if a clause in a lease says the tenant cannot sublet, he can still assign the lease.

Accepted Answer

A) True 
 B)False  True

Question 14

Some states hold landlords liable for injuries their tenants and others suffer as a result of the foreseeable criminal conduct of third parties.

Accepted Answer

A) True 
 B)False

Question 15

Grandfather conveyed to Erin the right to the family farm after her grandmother dies.This is called a:

Accepted Answer

A)  possibility of a reverter.
B)  reversionary interest.
C)  vested remainder.
D)  contingent remainder. C

Question 16

Landlords can evict a tenant if:

Accepted Answer

A)  the tenant fails to pay the rent.
B)  the lease expires and the tenant refuses to move out.
C)  the tenant keeps a pet in violation of the lease and refuses to get rid of it.
D)  All of these.

Question 17

Which of the following is not true of leases of real property?

Accepted Answer

A)  They must always be in writing.
B)  They vary in manner of termination.
C)  They are both contracts and conveyances of an estate in land.
D)  They involve an exclusive right to use and possession of the land for a definite or ascertainable time and are nonfreehold estates.

Question 18

An interest in property limited in duration to the life or lives of one or more persons is known as a:

Accepted Answer

A)  future interest.
B)  fee simple absolute.
C)  fee simple determinable.
D)  life estate.

Question 19

The greatest ownership interest a person may have in real property is:

Accepted Answer

A)  fee simple absolute.
B)  tenancy by the entirety.
C)  life estate.
D)  vested remainder. A

Question 20

Bob and his sister, Claudia, can own property:

Accepted Answer

A)  only by tenancy by the entireties.
B)  by tenancy in common or joint tenancy
C)  only by joint tenancy.
D)  by tenancy by the entireties or by joint tenancy

Exam 48: Interests in Real Property

Edna, Elsa, and Ellen are sisters who own 500 acres of land as tenants in common.Discuss the interest each has in the real estate.

Correct AnswerverifiedEach one has the right to possession and...View AnswerShow Answer

Possessory interests in property include profits à prendre and easements.

Correct AnswerverifiedShow Answer

The characteristics of a qualified or base fee estate include(s) that:

Correct AnswerverifiedShow Answer

A freehold estate is a:

Correct AnswerverifiedShow Answer

Joanne rents a single-family house and lot for one year starting September 1.If the house burns down, the common law requires:

Correct AnswerverifiedShow Answer

Eviction must be actual.

Correct AnswerverifiedShow Answer

The right to cut and remove trees from another's land would be a(n) :

Correct AnswerverifiedShow Answer

Mother conveyed her lakefront property to her daughter, Ellen, for life and then to Ellen's children, but if Ellen had no children, to Mark.Mark has a contingent remainder.

Correct AnswerverifiedShow Answer

A person with a life estate cannot do which of the following?

Correct AnswerverifiedShow Answer

A license is the limited right to use property for a period of time.

Correct AnswerverifiedShow Answer

A license is generally irrevocable by the property owner.

Correct AnswerverifiedShow Answer

The owner of the servient parcel is generally responsible for maintaining the easement and keeping it in repair.

Correct AnswerverifiedShow Answer

Under the majority view, if a clause in a lease says the tenant cannot sublet, he can still assign the lease.

Correct AnswerverifiedTrue

Some states hold landlords liable for injuries their tenants and others suffer as a result of the foreseeable criminal conduct of third parties.

Correct AnswerverifiedShow Answer

Grandfather conveyed to Erin the right to the family farm after her grandmother dies.This is called a:

Correct AnswerverifiedC

Landlords can evict a tenant if:

Correct AnswerverifiedShow Answer

Which of the following is not true of leases of real property?

Correct AnswerverifiedShow Answer

An interest in property limited in duration to the life or lives of one or more persons is known as a:

Correct AnswerverifiedShow Answer

The greatest ownership interest a person may have in real property is:

Correct AnswerverifiedA

Bob and his sister, Claudia, can own property:

Correct AnswerverifiedShow Answer

Correct Answer
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Each one has the right to possession and...
View Answer

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True

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C

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A

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