Exam 48: Real Property and Landlord-Tenant Relationships

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A warranty deed provides the most protection against defects of title.

(True/False)
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Persons who share ownership rights simultaneously are life tenants.

(True/False)
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Luke owns a farm near Marshalltown, Iowa, with stands of trees serving as windbreaks. Luke grows corn on the property. When Luke sells the farm to Nina, if the contract does not specify otherwise, the sale includes

(Multiple Choice)
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Hobby Farms, Inc., owns rural property that it leases to various tenants, including Ira. Ira's transfer of his entire interest in the leased property to a Jason is

(Multiple Choice)
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The holder of a life estate has the right to use property for whatever purpose he or she sees fit without regard to the rights of its fee simple owner.

(True/False)
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Only two persons can hold property as tenants in common.

(True/False)
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To acquire the ownership of a mountain cabin by ad?verse possession, Cody must occupy the cabin exclusively, continuously, and peaceably for a specified period of time

(Multiple Choice)
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Jamal signs a lease with Kelvin to occupy a house on Leech Lake in Minnesota for the summer. Jamal's tenancy is

(Multiple Choice)
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Orin owns Pilot's Landing Office Park. His ownership rights include the right to sell or give away the property without restriction, as well as the right to com?mit waste, if she chooses. Orin's ownership interest is

(Multiple Choice)
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It is presumed that a co-tenancy is a tenancy in common unless there is a clear intention to establish a joint tenancy.

(True/False)
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Jody and Kent each own one-half of Local Motion, a club, as a tenant in common. Kent sells his interest to Meri, who now owns

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A tenant is not responsible for the ordinary wear and tear of leased premises.

(True/False)
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A profit is a right to make a profit from some part of the land or some product of the land, and the right terminates once that profit is made.

(True/False)
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A tenant has a duty to maintain in a reasonably safe condition those ar?eas under his or her control.

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Constructive eviction occurs when a tenant moves off the premises in re?taliation against the landlord.

(True/False)
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A seller generally has a duty to disclose any known defect that materi?ally affects the value of the property.

(True/False)
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Region Construction Company has a right to drive its trucks across Staple Business, Inc.'s property, which is adjacent to Region's office. This right is

(Multiple Choice)
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Fact Pattern 48-2B Shopping Mall, Inc. , leases space to Toney Goods Company and Uneek Stuf Store. Later, Uneek begins to sell items that are similar to Toney's goods, and Toney abandons its space before the end of the lease term. -Refer to Fact Pattern 48-2B. Toney is liable to

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An easement can be created by necessity.

(True/False)
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Kelly and Lon are married and own a hunting lodge in Montana in such a way that neither may transfer separately his or her interest during his or her lifetime. Kelly and Lon own the lodge as

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