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Business Law
Exam 50: B: Real Property Landlord-Tenant Relationships
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Question 1
Multiple Choice
Dora leases a house from Evan for a two-year term.To ensure the valid?ity of their lease,it should include
Question 2
True/False
A recording statute allows deeds to be recorded in the public record.
Question 3
True/False
Plant life is not considered to be real property.
Question 4
Multiple Choice
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
Question 5
True/False
A fixed-term tenancy is created when a lease does not specify its duration.
Question 6
Multiple Choice
Klondike and Leola own 10,000 shares of stock in My-T Gro Corporation.On the death of ether owner,that owner's interest in the stock passes to the surviving owner.This is
Question 7
Multiple Choice
Rita believes that Shady Grove Apartments,Inc. ,her landlord,has vio?lated the law in a way that entitles her to withhold the rent.This remedy is gener?ally associated with
Question 8
Multiple Choice
Cow Country Corporation (CCC) sells half of its land to the Double R Ranch.On the land is a reservoir.In the deed,CCC retains the right to remove a lim?ited amount of water per day from the res?ervoir.This right is
Question 9
Multiple Choice
Kailin owns a farm near Manhattan,Kansas,with a farmhouse,barn,and other structures permanently attached.Kailin grows soybeans on the property.A pond lies within the boundaries.Land includes
Question 10
Multiple Choice
Moby leases from National Theater Corporation a theater in which to stage a series of concerts.Ollie buys a ticket to the series.What distin?guishes Moby,a tenant,from Ollie,a licensee,is
Question 11
True/False
The owner of a fee simple absolute has the right to use property for whatever purpose he or she sees fit.
Question 12
True/False
Constructive eviction occurs when a tenant moves off the premises in re?taliation against the landlord.
Question 13
Multiple Choice
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
Question 14
True/False
The sale of real estate involves a transfer of ownership with no specific warranties-if there are warranties,the transfer is not a sale.
Question 15
Multiple Choice
LaDonna signs a one-year lease with Mae to occupy an apartment in Ames,Iowa,near the University of Iowa.LaDonna needs the apartment only for two semesters and may have to sublet it for the rest of the term.LaDonna's tenancy is
Question 16
True/False
A profit is the right to make limited use of another person's real property without taking anything from the property.
Question 17
Multiple Choice
Tyro has the right to drive across Ula's land,which is next to Tyro's prop?erty,to reach an access road.Tyro's right is
Question 18
Multiple Choice
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