Filters
Question type

Study Flashcards

The owner of real property has relatively exclusive rights to the airspace above the land.

A) True
B) False

Correct Answer

verifed

verified

Because no one can actually hold a piece of land, certain rights and duties are recognized to constitute the ownership interests in real property.

A) True
B) False

Correct Answer

verifed

verified

Bob owns twenty acres of land on the side of a mountain in Colorado. He files a suit against the Durango Flight School, claiming that its planes flying over his land violate his property rights. To succeed, his best argument is


A) the planes fly over more than twice a day.
B) there are other routes the planes could take.
C) the flights are low and frequent, interfering with enjoyment of his land.
D) the planes are effectively taking private property for private use.

E) B) and C)
F) A) and C)

Correct Answer

verifed

verified

Richard owns Scholars 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


A) a fee simple absolute.
B) a life estate.
C) the right to adverse possession.
D) the power of eminent domain.

E) B) and C)
F) A) and B)

Correct Answer

verifed

verified

There are no interests in land that do not include any rights to possess the property.

A) True
B) False

Correct Answer

verifed

verified

Real property consists of land, and does not include anything attached to it.

A) True
B) False

Correct Answer

verifed

verified

Aggie owns Buffalo Ranch. Aggie's ownership rights include the right to sell or give away the property without restriction, and the right to use the property for whatever purpose she sees fit. Aggie's ownership interest is


A) a fee simple absolute.
B) a license.
C) a life estate.
D) a profit.

E) A) and D)
F) None of the above

Correct Answer

verifed

verified

The covenant of quiet enjoyment guarantees that the buyer will not disturb the land or any of its neighbors.

A) True
B) False

Correct Answer

verifed

verified

If the assignee of a lease is required to pay rent, the original tenant is free of the obligation to pay the rent.

A) True
B) False

Correct Answer

verifed

verified

Gaye owns the surface rights for High Desert Ranch, which includes a house, a bunkhouse, and two barns. Industrial Mining Inc. owns the subsurface rights. When the company drills for and extracts the oil beneath the ranch, the surface subsides and the structures collapse. Most likely responsible for the damage is


A) Industrial Mining.
B) Gaye.
C) Industrial Mining and Gaye in proportion to the value of their rights.
D) no one.

E) A) and D)
F) B) and C)

Correct Answer

verifed

verified

Ché has an easement that allows him to drive across Dale's land to get to Ché's house. With respect to Dale's land, Ché's right is


A) a possessory interest.
B) a nonpossessory interest.
C) a right to adverse possession.
D) the power of eminent domain.

E) None of the above
F) C) and D)

Correct Answer

verifed

verified

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


A) none of the choices.
B) a quitclaim deed.
C) a deed of quiet enjoyment.
D) a warranty deed.

E) C) and D)
F) A) and B)

Correct Answer

verifed

verified

Showing 61 - 72 of 72

Related Exams

Show Answer