Question 1

Fact Pattern 22-1
Virgil owns a ranch in Wyoming.His ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, if he chooses.
-Refer to Fact Pattern 22-1.Virgil conveys some of his land to Tomas with the right to possess and use the property for a certain period of time.Virgil has given Tomas
A)a fee simple absolute.
B)a leasehold estate.
C)a life estate.
D)a profit.

Accepted Answer

By conveying some of his land to Tomas with the right to possess and use the property for a certain period of time, Virgil has given Tomas a leasehold estate. This means that Tomas has the right to possess and use the property for a limited period of time, but he does not have ownership rights like Virgil does with a fee simple absolute.

Question 2

LaDonna signs a one-year lease with Mae to occupy an apartment near the University of Iowa.LaDonna needs the apartment for two semesters only and may have to sublet it for the rest of the term.LaDonna's tenancy is
A)a periodic tenancy.
B)a tenancy at will.
C)a tenancy at sufferance.
D)a fixed-term tenancy.

Accepted Answer

LaDonna signed a one-year lease, indicating a fixed-term tenancy. This means they have a set period of occupancy, in this case, one year, and cannot terminate their lease early without the landlord's agreement. LaDonna also mentions the possibility of subletting, which is allowed in some fixed-term leases with the landlord's consent.

Question 3

Rosalie leases from Sports Arena Corporation a venue in which to stage a series of concerts.Tammy buys a ticket to the series.What distin-guishes Rosalie, a tenant, from Tammy, a licensee, is
A)the exclusivity of possession.
B)nothing-a tenant and a licensee are indistinguishable.
C)the temporary nature of possession.
D)the title to the property.

Accepted Answer

A tenant has exclusive possession of the leased property, whereas a licensee, like Tammy, only has permission to use the property without exclusive possession.

Question 4

Aron and Breezy own a house in Chicago as joint tenants.Aron sells his ownership rights in the house to Dillon.Breezy and Dillon own the condo as
A)community property owners.
B)joint tenants.
C)owners in fee simple absolute.
D)tenants in common.

Accepted Answer

Joint tenancy requires all owners to have an equal ownership interest in the property, and if any owner sells their interest, the joint tenancy is terminated. Since Aron sold his ownership rights, the joint tenancy is terminated, and Breezy and Dillon now own the property as tenants in common. The other options (community property owners and owners in fee simple absolute) are not applicable in this scenario.

Question 5

Lloyd and Merilyn are married and own a farm in Nebraska in such a way that neither may transfer separately his or her interest during his or her lifetime.Lloyd and Merilyn own the farm as
A)community property owners.
B)joint tenants.
C)tenants by the entirety.
D)tenants in common.

Accepted Answer

Tenants by the entirety is a form of joint ownership that only applies to married couples. It provides that each spouse owns an undivided interest in the property, but neither spouse has the right to sell or transfer their interest without the other's consent. This ensures that both parties have control over the property and must agree on any decisions related to the property. As such, this form of ownership matches the situation of Lloyd and Merilyn.

Question 6

With respect to Italo's bottomland, Jacob has an easement, Kristin has a profit, and Leopold has a license.A right to possess the bottomland is owned by
A)Italo.
B)Jacob.
C)Kristin.
D)Leopold.

Accepted Answer

None of the parties mentioned have a right to possess the bottomland. Italo, who is not mentioned as having any type of easement, profit, or license, would be the owner of the right to possess the bottomland.

Question 7

Kenneth has a periodic tenancy that requires him to pay rent weekly.Kenneth wishes to terminate his tenancy.Under the common law, he must give his landlord notice of at least
A)one week.
B)two weeks.
C)thirty days.
D)sixty days.

Accepted Answer

The answer of Kenneth has a periodic tenancy that requires...

Question 8

Car Wash Company has a right to direct its customers to drive their vehicles across Don's Gas n' Shop property, which is adjacent to Car Wash's facility.This right is
A)a tenancy at will.
B)a license.
C)an easement.
D)a profit.

Accepted Answer

Car Wash Company has an easement which is a right to use the property of Don's Gas n' Shop for a specific purpose, which in this case is for the customers to drive their vehicles across the property. An easement is a type of property right that allows one party to use another party's property for a specific purpose. This is different from a license which is permission to do something on another's property but not a right, a tenancy at will which is a type of lease, and a profit which is a right to take something from the land of another.

Question 9

Alexis sells half of her Triple A Ranch land to the Big B Ranch.On the land is a reservoir.In the deed, Alexis retains the right to remove a lim-ited amount of water per day from the res-ervoir.This right is
A)a tenancy at sufferance.
B)a license.
C)an easement.
D)a profit.

Accepted Answer

The answer of Alexis sells half of her Triple A...

Question 10

Alf rents an apartment.The lease does not specify how long it will last, but it does specify that Alf must pay rent every month.Alf's tenancy is
A)a fixed-term tenancy.
B)a periodic tenancy.
C)a tenancy at will.
D)not a tenancy.

Accepted Answer

Alf's tenancy is periodic because the lease does not specify a specific end date and requires monthly rent payments. This means that Alf is entitled to stay in the apartment on a month-to-month basis until either he or the landlord gives notice to end the tenancy.

Question 11

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
A)a license.
B)an easement.
C)a profit.
D)the power of eminent domain.

Accepted Answer

The right to drive trucks across someone else's property is an example of an easement. An easement is a non-possessory interest in another's land that allows the holder of the easement to use the land for a specific purpose.

Question 12

Becca and Candy own 1,000 shares of stock in Dockside Dining Restaurant Corporation.On the death of ether owner, that owner's interest in the stock passes to the surviving owner.This is
A)a joint tenancy.
B)a tenancy by the entirety.
C)a tenancy in common.
D)community property.

Accepted Answer

In joint tenancy, owners have equal shares in the property and upon the death of one owner, their share passes on to the surviving owner(s). This is the most fitting choice for the scenario as both owners have an equal share of the stock and upon the death of one owner, the surviving owner will inherit the deceased owner's share. Tenancy by entirety is only applicable to married couples, tenancy in common allows owners to have unequal shares and does not come with the right of survivorship, and community property is a form of ownership only recognized in certain states.

Question 13

Roderick possesses five hundred acres of forested property.Roderick has the right to use the land, including cutting its timber, for life.Roderick also has the right to lease the land for a period not to exceed his life.This ownership interest is
A)a fee simple absolute.
B)a leasehold estate.
C)a life estate.
D)an easement.

Accepted Answer

Roderick's ownership interest in the forested property is a life estate. A life estate gives him the right to use and/or profit from the property for the duration of his life, after which ownership passes to someone else (the remainderman). In this case, Roderick has the right to cut timber and lease the land for the duration of his life, and after his death, ownership will revert to the remainderman.

Question 14

Mix-It Concrete Company has the right to enter Nim's land and remove the rock from Nim's quarry.This is
A)the power of eminent domain.
B)a license.
C)an easement.
D)a profit.

Accepted Answer

The answer of Mix-It Concrete Company has the right to...

Question 15

Heavy Equipment Inc.stores its tractors, graders, trucks, and dozers in buildings surrounded by a fence on land that the company owns.Thefence and the wall of one of the buildings leans onto adjacent land that Indigo County Airport owns.Most likely, this violates the airspace rights of
A)Heavy Equipment.
B)Indigo County.
C)individuals who seed cloudsand produce rainaritficially.
D)commercial and private planes that fly over the property.

Accepted Answer

The leaning fence and building wall of Heavy Equipment Inc. onto the adjacent land owned by Indigo County Airport most likely violates the airspace rights of the airport. This could pose a safety hazard for commercial and private planes flying over the property, and the airport has a legal right to control its airspace.

Question 16

Uri and Veda each own one-half of Wind Power, an alternative energy products company, as a tenant in common.Uri sells his interest to Xavier, who now owns
A)no interest in the firm.
B)the firm in fee simple.
C)the firm with Veda as joint tenants.
D)the firm with Veda as tenants in common.

Accepted Answer

As a tenant in common, Uri could sell his interest in the company to Xavier, who would then become a new tenant in common with Veda. Therefore, Xavier now owns half of the company as a tenant in common with Veda.

Question 17

Kristen signs a one-year lease with Lamont to occupy an apartment in Minneapolis near the University of Minnesota.Kristen's tenancy is
A)a periodic tenancy.
B)a tenancy at will.
C)a tenancy by the entirety.
D)a fixed-terms tenancy.

Accepted Answer

Kristen has signed a lease for a specific duration of one year with Lamont, which makes her tenancy a fixed-term tenancy. This type of tenancy has a definite start and end date, and the lease terms cannot be altered during that period without the agreement of both parties.

Question 18

Sterling, the owner of Timberline Mountain, and Uma, the tenant of the sole cabin on the property, may create a fixed-term tenancy by
A)deed.
B)express contract.
C)implication.
D)sufferance.

Accepted Answer

A fixed-term tenancy is created by an express contract, which is a written or oral agreement between the landlord (Sterling) and the tenant (Uma) that specifies the length of the lease and other terms and conditions. Deed refers to transferring ownership of the property and is not applicable here. Implication refers to a tenancy that is created based on the actions and behavior of both parties, which does not match the definition of a fixed-term tenancy. Sufferance refers to a tenancy where the tenant holds over the property after the lease has expired, which is not relevant to creating a fixed-term tenancy.

Question 19

Fact Pattern 22-1
Virgil owns a ranch in Wyoming.His ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, if he chooses.
-Refer to Fact Pattern 22-1.Virgil's ownership interest is
A)a free simple absolute.
B)a leasehold estate.
C)a life estate.
D)a profit.

Accepted Answer

Virgil's ownership interest includes the unrestricted right to sell or give away the property and the right to commit waste, which are characteristics of a fee simple absolute ownership, also known as a freehold estate. The other options do not accurately describe his ownership interest.

Question 20

Dian and Elton buy a duplex in Fargo, North Dakota.On the death of either owner, that owner's interest in the duplex passes to his or her heirs.This is
A)a joint tenancy.
B)a life estate.
C)a tenancy in common.
D)ownership in fee simple absolute.

Accepted Answer

This is a tenancy in common because each owner has a separate and distinct share in the property, and upon death, their share passes to their heirs rather than the surviving owner. Joint tenancy requires the right of survivorship, meaning the surviving owner would inherit the deceased owner's share. A life estate would give one owner the right to live in the property for their lifetime, but the other owner would not have any ownership interest. Ownership in fee simple absolute is a type of ownership where the owner has complete and total control over the property and can sell or transfer it as they wish, which does not apply to this situation.

Quiz 22: Real Property and Land-Use Control

LaDonna signs a one-year lease with Mae to occupy an apartment near the University of Iowa.LaDonna needs the apartment for two semesters only and may have to sublet it for the rest of the term.LaDonna's tenancy is

Rosalie leases from Sports Arena Corporation a venue in which to stage a series of concerts.Tammy buys a ticket to the series.What distin-guishes Rosalie, a tenant, from Tammy, a licensee, is

Aron and Breezy own a house in Chicago as joint tenants.Aron sells his ownership rights in the house to Dillon.Breezy and Dillon own the condo as

Lloyd and Merilyn are married and own a farm in Nebraska in such a way that neither may transfer separately his or her interest during his or her lifetime.Lloyd and Merilyn own the farm as

With respect to Italo's bottomland, Jacob has an easement, Kristin has a profit, and Leopold has a license.A right to possess the bottomland is owned by

Kenneth has a periodic tenancy that requires him to pay rent weekly.Kenneth wishes to terminate his tenancy.Under the common law, he must give his landlord notice of at least

Car Wash Company has a right to direct its customers to drive their vehicles across Don's Gas n' Shop property, which is adjacent to Car Wash's facility.This right is

Alexis sells half of her Triple A Ranch land to the Big B Ranch.On the land is a reservoir.In the deed, Alexis retains the right to remove a lim-ited amount of water per day from the res-ervoir.This right is

Alf rents an apartment.The lease does not specify how long it will last, but it does specify that Alf must pay rent every month.Alf's tenancy is

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

Becca and Candy own 1,000 shares of stock in Dockside Dining Restaurant Corporation.On the death of ether owner, that owner's interest in the stock passes to the surviving owner.This is

Roderick possesses five hundred acres of forested property.Roderick has the right to use the land, including cutting its timber, for life.Roderick also has the right to lease the land for a period not to exceed his life.This ownership interest is

Mix-It Concrete Company has the right to enter Nim's land and remove the rock from Nim's quarry.This is

Heavy Equipment Inc.stores its tractors, graders, trucks, and dozers in buildings surrounded by a fence on land that the company owns.Thefence and the wall of one of the buildings leans onto adjacent land that Indigo County Airport owns.Most likely, this violates the airspace rights of

Uri and Veda each own one-half of Wind Power, an alternative energy products company, as a tenant in common.Uri sells his interest to Xavier, who now owns

Kristen signs a one-year lease with Lamont to occupy an apartment in Minneapolis near the University of Minnesota.Kristen's tenancy is

Sterling, the owner of Timberline Mountain, and Uma, the tenant of the sole cabin on the property, may create a fixed-term tenancy by

Fact Pattern 22-1 Virgil owns a ranch in Wyoming.His ownership rights include the right to sell or give away the property without restriction, and the right to commit waste, if he chooses. -Refer to Fact Pattern 22-1.Virgil's ownership interest is

Dian and Elton buy a duplex in Fargo, North Dakota.On the death of either owner, that owner's interest in the duplex passes to his or her heirs.This is