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Business Law Today
Quiz 36: Real Property and Landlord-Tenant Law
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Question 41
Multiple Choice
Rural Holding Company (RHC) possesses farmland.RHC has the right to use the property,including harvesting the crops,for ten years.RHC does not have the right to extract the coal under the land.This is
Question 42
Multiple Choice
Mix-It Concrete Company has the right to enter Nim's land and remove the rock from Nim's quarry.This is
Question 43
Multiple Choice
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
Question 44
Multiple Choice
Patsy possesses twenty-four acres of remote,rugged land.Patsy has the right to use the property,including 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.Patsy's ownership interest is
Question 45
Multiple Choice
Rafe signs a one-year lease with Suki to occupy an apartment in Lawrence,Kansas,near the University of Kansas.Rafe needs the apartment only for two semesters and may have to sublet it for the rest of the term.Rafe's tenancy is
Question 46
Multiple Choice
Opal conveys three acres of wetlands to Pristine Places,Inc.,with a deed that warrants only that Opal held good title during her ownership of the property.This deed is
Question 47
Multiple Choice
Jamal signs a lease with Kelvin to occupy a house on Leech Lake in Minnesota for the summer.Jamal's tenancy is
Question 48
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 limited amount of water per day from the reservoir.This right is