Question 1

Rafe signs a one-year lease for an apartment owned by Suki.Rafe is a student and needs the apartment only for two semesters,at the end of which he plans to sublet it for the rest of the term.Rafe's tenancy is

Accepted Answer

Rafe signed a lease for a specific period of time, one year. This means that his tenancy is a fixed-term tenancy, which ends at the expiration of the lease. The fact that he plans to sublet it does not change the nature of his tenancy, as he is still legally bound to pay rent for the entire lease term.

Question 2

A fundamental public policy reason for the adverse possession doctrine is

Accepted Answer

The fundamental public policy reason for the adverse possession doctrine is to reward possessors for putting land to productive use. Adverse possession allows for unused or neglected land to be put to productive use by individuals who have been occupying and improving the land for a certain period of time, typically 10-20 years, without the legal owner taking action to reclaim it. This promotes the efficient use of land resources and discourages landowners from neglecting their property.

Question 3

Urban City wants to acquire undeveloped private land within the city limits to construct a public park.The city brings a condemnation proceeding to obtain title to the land.This is

Accepted Answer

The power of eminent domain allows the government to take private property for public use, as long as they provide just compensation to the property owner. In this scenario, the city is using eminent domain to acquire the undeveloped private land to construct a public park.

Question 4

Bayside Inc.pays Coastal Marina to release its claim to a strip of waterfront property.Coastal gives Bayside a deed that conveys only whatever interest Coastal has in the strip.This deed is

Accepted Answer

A quitclaim deed conveys whatever interest the grantor has in the property, but does not make any guarantees about the title or ownership. In this case, Coastal Marina is releasing its claim to the strip of waterfront property, so a quitclaim deed would be appropriate.

Question 5

Logging Corporation has a right to go onto Mount Timber Company's land and harvest select trees.Logging's right is

Accepted Answer

The answer of Logging Corporation has a right to go...

Question 6

Managing the land within a community to encourage sustainable and organized development while controlling growth in a manner that serves the interests of the community is the purpose of

Accepted Answer

Zoning laws are regulations that control the use of land and building within a community. They ensure the development of sustainable and organized communities while controlling growth in a manner that serves the interests of the community. Zoning laws specify the type of activities that can take place in specific areas of the community and, therefore, work to balance the competing interests of various groups within the community.

Question 7

Beck and Carli are married.Carli buys a condominium near Downhill Ski Resort.Beck and Carli each technically own an undivided one-half interest in the condo.This is

Accepted Answer

In community property states, property acquired during marriage is owned equally by both spouses, giving each an undivided one-half interest.

Question 8

Kim and Leola own a warehouse in which they operate Mini-Storage Corporation.On the death of either owner,that owner's interest in the warehouse passes to the surviving owner.This is

Accepted Answer

Joint tenancy is a type of co-ownership where each owner has an undivided interest in the property. In joint tenancy, the ownership interest of a deceased owner automatically passes to the surviving owner(s), without the need for probate. This is known as the right of survivorship. As the passage states that on the death of either owner, that owner's interest passes to the surviving owner, it is evident that Kim and Leola have a joint tenancy.

Question 9

Beryl owns Campus Apartment House.His ownership rights include the right to sell or give away the property without restriction,as well as to use the property for whatever purpose he sees fit.His ownership interest is

Accepted Answer

A fee simple absolute is the highest form of ownership interest in real property, which gives the owner complete control over the property, including the right to sell or transfer ownership, and use the property in any way they see fit. Beryl's ownership rights over the Campus Apartment House align with the characteristics of a fee simple absolute ownership.

Question 10

To widen a highway,the state of Ohio obtains,through a judicial proceeding,title to the individual lots in a residential neighborhood.A subsequent proceeding will determine

Accepted Answer

The subsequent proceeding will determine the fair value of the property, as the state will need to compensate the former owners for the taken property. The other options are not directly related to this type of process.

Question 11

Fifi,an independent contractor and technical writer,has a computer in her office.She has a copyright on her most recent work,Guide to Coding.Her tangible personal property includes

Accepted Answer

The answer of Fifi,an independent contractor and technical writer,has a...

Question 12

Italo owns one hundred acres of fertile bottomland.With respect to the land,Jana has an easement and Kessler has a profit.A right to possess the bottomland is owned by

Accepted Answer

Italo is the owner of the land and therefore has the right to possess it. Jana and Kessler's rights (easement and profit) do not give them the right to possess the land, only to use it in a limited capacity.

Question 13

Frank tells Gala that she can camp on Frank's beach and swim in his lake whenever she wants.With respect to the right to camp and swim,

Accepted Answer

Frank can revoke or withdraw the right he has given to Gala at any time. This means that the right to camp and swim is not permanent or transferable to heirs.

Question 14

To obtain the title to land without delivery of a deed,one person must possess the property of another

Accepted Answer

Possession of property in an open, visible, and notorious manner is known as adverse possession. This means that the person possesses the property without the owner's permission and in a way that can be seen by others. Adverse possession is an alternative way to obtain title to land without a deed delivery.

Question 15

Equipment Inc.and Freight Transport Inc.own adjacent land.Equipment's storage garage encroaches on Freight's property.After three decades,Freight files a suit against Equipment,seeking removal of the garage.Under the doctrine of adverse possession,the court is most likely to rule that

Accepted Answer

Adverse possession allows a party to claim ownership of land if they have occupied it openly, continuously, and without permission for a statutory period, which is often around 20 years. Since Equipment's garage has encroached on Freight's property for three decades, Equipment is likely to be granted ownership of the land beneath the garage.

Question 16

Sabine subdivides two acres into two residential lots.Only one of the lots has a well for water.Tamer and Ulrich each buy a lot-Ulrich's lot is the one without a well.Because Ulrich needs water,a profit arises by

Accepted Answer

The answer of Sabine subdivides two acres into two residential...

Question 17

To transfer the title to Olivia's office building to Pete by deed requires

Accepted Answer

The answer of To transfer the title to Olivia's office...

Question 18

Angie voluntarily transfers her prize-winning horse Beaux to Cady without consideration.Provided all of the requirements are met,this is acquisition of property by

Accepted Answer

Angie has voluntarily transferred her prize-winning horse Beaux to Cady without any consideration. This transfer of property is considered a gift.

Question 19

Quarry Company owns a gravel pit next to land owned by Ridgeline Corporation.Access to the pit is limited to a road on Ridgeline's property.Quarry's right to drive its trucks on the road is

Accepted Answer

Quarry's right to drive its trucks on the road is an easement, which is a non-possessory interest in real property that allows its holder to use another's land for a specific purpose. In this case, the easement allows Quarry to access their gravel pit using Ridgeline's road.

Question 20

Brick & Mortar Inc.signs a lease for a storefront owned by Commercial Properties Inc.The lease does not specify how long it is to last but does specify that rent is to be paid at certain intervals.This is

Accepted Answer

A periodic tenancy is a lease agreement that runs continuously for a specific period and is renewed automatically at the end of each period until either party decides to terminate it. In this case, since the lease does not specify how long it is to last and only specifies rent payment intervals, it is likely a periodic tenancy agreement.

Quiz 23: Real and Personal Property