Exam 24: Real Property

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Nancy,aged 70,has a vacant plot adjacent to her house that she intends to bequeath to her grandson Roy upon her death.However,an important railroad project is being undertaken nearby and the local authorities have informed Nancy that the new railroad will cover her vacant lot.They have also promised her fair compensation in return.Can the government take her property?

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C

Archibald and Priscilla,an unmarried couple,co-owned a house.Priscilla automatically became the owner of the house upon Archibald's death.What kind of a co-ownership did they have?

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C

Courts tend to consider three factors in determining whether an item is a fixture.Which of the following is not one of those factors?

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B

To "run with the land," a restrictive covenant must essentially:

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Sally has been running a small but popular dance studio in her neighborhood for the last 15 years.Recently,a zoning ordinance mandated her neighborhood as strictly residential where no commercial activities are allowed.What is Sally's best approach to continue running her studio if she is asked to close it?

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________ are ownership interests of uncertain duration.

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Which of the following typically characterizes community property?

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A deed where the grantor warrants against (and agrees to defend against)title defects and encumbrances that arose after she acquired the property is called:

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When a tenant in common dies,his interest in the property does not automatically transfer to the other tenants in common.

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Which of the following is a true statement about easements?

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Which of the following is true of a joint tenancy?

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A fee simple absolute gives a person the right to possess and use property for a time measured by his or another person's lifetime.

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In the case in the text,Ballard v.Dornic,the court held that:

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Which of the following means let the buyer beware?

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________ are held by persons who lease real property.

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What distinguishes a joint tenancy from a tenancy in common?

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When taxes assessed on real property are not paid when due,they become a(n)________ on the land.

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The owner of a tract of real property owns the air above it and the minerals below its surface.

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In community property states,land acquired during marriage will be deemed community property.

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Which of the following locations would not be treated as a place of public accommodation for purposes of Title III of the Americans with Disabilities Act (ADA)?

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