Question 1

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

Accepted Answer

A)  a fixed-term tenancy.
B)  a periodic tenancy.
C)  a restrictive covenant.
D)  a tenancy at will. A

Question 2

The implied warranty of habitability does not apply to substantial physical defects that a landlord has had a reasonable time to repair.

Accepted Answer

A) True 
 B)False  False

Question 3

A license is the revocable right of a person to come onto another person's land.

Accepted Answer

A) True 
 B)False  True

Question 4

Cornucopia Farms LLC possesses farmland.Cornucopia has the right to use the property,including harvesting the crops,for ten years.Cornucopia does not have the right to extract the coal under the land.This is

Accepted Answer

A)  a fee simple absolute.
B)  a leasehold estate.
C)  a life estate.
D)  an easement.

Question 5

Consumer Shops,Inc. ,signs a lease for a storefront owned by Downtown Building Company.Unlike a purchaser of real property,Consumer Shops

Accepted Answer

A)  acquires only temporary possession of the premises.
B)  enjoys exclusive possession of the premises.
C)  holds only temporary title to the premises.
D)  retains temporary,exclusive possession and title to the premises.

Question 6

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

Accepted Answer

A)  no interest in the firm.
B)  the firm in fee simple.
C)  the firm with Jody as joint tenants.
D)  the firm with Jody as tenants in common.

Question 7

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

Accepted Answer

A)  a fee simple absolute.
B)  a leasehold estate.
C)  a life estate.
D)  the power of eminent domain.

Question 8

A profit is a right to go onto land owned by another and take away some part of the land itself or some product of the land.

Accepted Answer

A) True 
 B)False

Question 9

Most states do not limit the government's ability to take private property to give to private developers.

Accepted Answer

A) True 
 B)False

Question 10

Mineral Products Corporation,which owns no land,has a right to mine the copper from Natural Resource Company's land.Mineral's right is

Accepted Answer

A)  a leasehold estate.
B)  a license.
C)  an easement.
D)  a profit.

Question 11

Oak Grove Residences,Inc. ,owns apartment buildings.Pedro leases one of Oak Grove's apartments.Pedro's transfer of his interest in the lease to Quito for a period shorter than the lease term is

Accepted Answer

A)  an assignment.
B)  an eviction.
C)  a right of entry.
D)  a sublease.

Question 12

Even after a tenant sublets leased premises,he or she may be obligated to pay rent.

Accepted Answer

A) True 
 B)False

Question 13

Patsy possesses twenty-four acres of remote,rugged land.Patsy has the right to use the property,in?cluding extracting silver from an existing mine,for life.Patsy also has the right to lease the land for a period not to exceed her life.This ownership interest is

Accepted Answer

A)  a fee simple absolute.
B)  a leasehold estate.
C)  a life estate.
D)  the power of eminent domain.

Question 14

With respect to Egor's land,Fig has an easement,Gabe has a profit,and Huck has a license.A right to possess the land is owned by

Accepted Answer

A)  Egor.
B)  Fig.
C)  Gabe.
D)  Huck.

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

Lucky owns Mud Flats Ranch,which is situated on certain Nevada acreage.The exterior boundaries of the land extend

Accepted Answer

A)  100 feet into the earth and 100 feet into the atmosphere.
B)  one mile into the earth and one mile into the atmosphere.
C)  to infinity and beyond.
D)  to the center of the earth and up to the farthest reaches of the atmosphere.

Question 18

Fact Pattern 50-1B 
Shopping Mall,Inc.(SMI),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 50-1B.In a growing number of jurisdictions,SMI would be

Accepted Answer

A)  entitled to damages from Uneek for its business decision.
B)  entitled to increase other tenants' rent to cover Toney's unpaid rent.
C)  entitled to the unpaid rent from Toney.
D)  required to mitigate its damages.

Question 19

Sid rents an apartment from Town Homes,Inc.The lease,which ends on May 31,does not include an option for re?newal,and Sid and Town do not discuss whether Sid can stay on at the end of the term.On June 1,Sid has

Accepted Answer

A)  an implied option to renew the term.
B)  a right to remain contingent on notice from Town.
C)  a right to remain subject to notice to Town.
D)  no right to remain.

Question 20

Bay City exercises its power of eminent domain to acquire land for a public project,including part of a mass transit monorail and a traffic bypass.Bay City relocates more than 10,000 residents from the land and destroys their homes to begin the project.Cho's Sweet Treats is a bakery at the edge of the area.Cho's loses most of its business when the residents are moved.Cho's files a suit against Bay City,alleging that the city's acquisition of the land resulted in a taking of the bakery's property interest,entitling it to compensation.What is a taking? What might Cho's claim is its "property interest" to support this allegation? What is the court likely to rule? Why?

Accepted Answer

The answer of Bay City exercises its power of eminent...

Exam 50: A: Real Property Landlord-Tenant Relationships

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

The implied warranty of habitability does not apply to substantial physical defects that a landlord has had a reasonable time to repair.

A license is the revocable right of a person to come onto another person's land.

Cornucopia Farms LLC possesses farmland.Cornucopia has the right to use the property,including harvesting the crops,for ten years.Cornucopia does not have the right to extract the coal under the land.This is

Consumer Shops,Inc. ,signs a lease for a storefront owned by Downtown Building Company.Unlike a purchaser of real property,Consumer Shops

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

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

A profit is a right to go onto land owned by another and take away some part of the land itself or some product of the land.

Most states do not limit the government's ability to take private property to give to private developers.

Mineral Products Corporation,which owns no land,has a right to mine the copper from Natural Resource Company's land.Mineral's right is

Oak Grove Residences,Inc. ,owns apartment buildings.Pedro leases one of Oak Grove's apartments.Pedro's transfer of his interest in the lease to Quito for a period shorter than the lease term is

Even after a tenant sublets leased premises,he or she may be obligated to pay rent.

Patsy possesses twenty-four acres of remote,rugged land.Patsy has the right to use the property,in?cluding extracting silver from an existing mine,for life.Patsy also has the right to lease the land for a period not to exceed her life.This ownership interest is

With respect to Egor's land,Fig has an easement,Gabe has a profit,and Huck has a license.A right to possess the land is owned by

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

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

Lucky owns Mud Flats Ranch,which is situated on certain Nevada acreage.The exterior boundaries of the land extend

Sid rents an apartment from Town Homes,Inc.The lease,which ends on May 31,does not include an option for re?newal,and Sid and Town do not discuss whether Sid can stay on at the end of the term.On June 1,Sid has