Exam 38: Real Property, Landlord-Tenant Law, and Land Use Regulation

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Property owners have no ownership interest in the air space above their property.

(True/False)
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A "tenancy at will" may not be created by implication.

(True/False)
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Real property is immovable or attached to immovable land or buildings,whereas personal property is movable.

(True/False)
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Sean sells some real estate,conveying a deed "to Jimmy Johnson,so long as the property is used as a working cattle ranch,and if not so used,the land returns to the grantor." This land is held in:

(Multiple Choice)
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Houses,apartment buildings,manufacturing plants,and office buildings constructed on land are real property.

(True/False)
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Fixtures are the most common form of real property.

(True/False)
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In real estate law,the distinguishing feature of a profit is that it represents the right:

(Multiple Choice)
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Once title insurance is purchased,it is good for all subsequent sales of the land covered,and does not need to be repurchased.

(True/False)
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Fred has received a deed that says," to Fred for life,and upon Fred's death,to the original grantor." What type of interest does the grantor have?

(Multiple Choice)
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The person who is entitled to the future interest in a reversion is called a remainder beneficiary.

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The provisions of the Fair Housing Act do not apply to the rental of apartments in a building of four or fewer units,when the owner lives in one of the units.

(True/False)
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A lease that runs from January 1,2011 until August 31,2011 and does not automatically renew would be a:

(Multiple Choice)
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A "tenant at sufferance" is not obligated to pay rent,because he or she is not subject to a lease,and therefore has no contractual obligations.

(True/False)
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If a married couple who lives in a non-community property state purchases real property located in a community property state,community property laws apply to that property.

(True/False)
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The community property method of co-ownership is based on the notion that a husband and wife should share equally in the "fruits" of the marital partnership.

(True/False)
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Mary's grandmother owns a farm with three other tenants in common.Mary's grandmother dies,leaving her interest in the will to Mary.The other tenants in common tell Marry she has no interest in the land because the four jointly owned the land,and the grandmother's interest passed to the other tenants upon her death.Discuss the legal principles involved,whether the other tenants are correct,and how title to the farm will be held.

(Essay)
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The rights and powers of the government related to eminent domain are governed by,and based exclusively on,statutory law.

(True/False)
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Gifts received during a marriage are not considered part of community property.

(True/False)
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The land over which an easement is granted is called the ________ estate.

(Multiple Choice)
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The courts of many states recognize that leased,residential premises must be fit,safe and suitable for ordinary residential use.This rule is called the:

(Multiple Choice)
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