Deck 49: Interests in Real Property
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/79
Play
Full screen (f)
Deck 49: Interests in Real Property
1
If Karen assigns her lease to Henry, Karen and Henry are both liable to the landlord for the rent.
True
2
Breach of the implied warranty of habitability allows a tenant to withhold rent.
True
3
A leasehold is like a bailment in that it divides the possessory and ownership interests.
True
4
If Dan sublets his apartment to Susan for the summer, Susan is primarily liable to pay the landlord the rent.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
5
Under the common law, a landlord is under an obligation to provide or maintain the premises in a livable condition.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
6
All other estates are derived from the fee simple estate.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
7
Ownership of real property for a definite time or for the life of a person is a freehold estate.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
8
Community property does not include a ring owned by the wife prior to the marriage.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
9
A tenancy at sufferance is created if a tenant fails to vacate the premises when the lease expires.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
10
Traditionally, the common law viewed a leasehold estate primarily as a contract, but today it is viewed more as a conveyance of the use of land.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
11
To create a joint tenancy, the tenants must acquire title by the same instrument.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
12
The Arbor Apartments can legally restrict tenants to those who are married couples.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
13
Fee estates include the right to immediate possession for an indefinite time and the right to transfer the interest by deed or will.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
14
Mother conveyed her lakefront property to her daughter, Ellen, for life and then to Ellen's children, but if Ellen had no children, to Mark.Mark has a contingent remainder.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
15
If Tom and Tim are tenants in common, they each own a specific half of the property.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
16
A sublease is made when the tenant transfers control of his entire interest in the leased property to a third party.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
17
If Gil assigns his lease to Jim, Gil has no further obligations to his landlord.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
18
A reversion is held by a person other than the grantor or his successors.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
19
Most state statutes permit a landlord to evict a tenant for nonpayment of rent.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
20
Landlords are liable for injuries their tenants and others suffer as a result of any criminal conduct of third parties on the leased premises.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
21
A periodic leasehold tenancy may be terminated:
A)upon expiration of the period.
B)upon 6 months' notice in a tenancy from month to month.
C)upon the date set in the lease agreement.
D)upon notice at the expiration of any one period but only on adequate notice to the other party.
A)upon expiration of the period.
B)upon 6 months' notice in a tenancy from month to month.
C)upon the date set in the lease agreement.
D)upon notice at the expiration of any one period but only on adequate notice to the other party.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
22
A person with a life estate cannot do which of the following?
A)Strip-mine the land.
B)Build a bridge over the creek.
C)Cut a single tree.
D)Put a new roof on the house.
A)Strip-mine the land.
B)Build a bridge over the creek.
C)Cut a single tree.
D)Put a new roof on the house.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
23
In general, a tenant is under a duty to make minor repairs to the leased premises.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
24
An easement in gross is personal to the one individual who obtained that right and will not pass to another owner of the property.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
25
How may an easement be created?
A)By prescription.
B)By express reservation.
C)By necessity.
D)It may be created in all of the above ways.
A)By prescription.
B)By express reservation.
C)By necessity.
D)It may be created in all of the above ways.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
26
An estate in fee simple would have which of the following characteristics?
A)It may be inherited.
B)It may be sold.
C)Judgment creditors may levy upon it.
D)All of the above.
E)Two of the above, (b) and (c).
A)It may be inherited.
B)It may be sold.
C)Judgment creditors may levy upon it.
D)All of the above.
E)Two of the above, (b) and (c).
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
27
Larry leases his farm to Tom for a period of twenty years.What interest does Larry have in the land?
A)A vested remainder.
B)A reversion.
C)A private easement.
D)A possibility of reverter.
A)A vested remainder.
B)A reversion.
C)A private easement.
D)A possibility of reverter.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
28
Which of the following is a true statement concerning a life estate?
A)A life estate is an ownership right only for the life of the grantor.
B)A life estate is an ownership right in property for the life of any individual designated by the grantor.
C)A life estate requires special wording, prescribed by statute, to create it.
D)None of the above.
A)A life estate is an ownership right only for the life of the grantor.
B)A life estate is an ownership right in property for the life of any individual designated by the grantor.
C)A life estate requires special wording, prescribed by statute, to create it.
D)None of the above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
29
Realty owned concurrently by more than one person can be physically divided into smaller, individually owned parcels by a process known as profit a prendre.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
30
An easement describes a limited possessory interest in the land.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
31
An easement that is appurtenant usually passes to the new owner of the land.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
32
Constructive eviction would result in a discharge of any obligation to pay rent if:
A)proper notice is given to the landlord.
B)the tenant abandons possession within a reasonable time.
C)the tenant fixes the problem.
D)the tenant serves the landlord with a court order.
A)proper notice is given to the landlord.
B)the tenant abandons possession within a reasonable time.
C)the tenant fixes the problem.
D)the tenant serves the landlord with a court order.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
33
A license is generally subject to revocation by the property owner at any time.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
34
A tenancy by the entireties is terminated by divorce.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
35
A license is the limited right to remove the produce from another's land.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
36
For a person to acquire an easement, he must have the permission of the owner to use the land.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
37
Under the common law, if a landlord does not maintain, repair, or restore the property as stated in the lease contract, the tenant has a legally enforceable right to refuse to pay rent, even if the lease does not provide such relief.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
38
All interests in property that can be conveyed carry the right to immediate possession.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
39
A freehold estate is:
A)a gratuitous leasehold interest in real property.
B)a right of ownership of real property for an indefinite time (fee estate).
C)a right of ownership of real property for the life of a person (life estate).
D)Both (b) and (c) are correct.
A)a gratuitous leasehold interest in real property.
B)a right of ownership of real property for an indefinite time (fee estate).
C)a right of ownership of real property for the life of a person (life estate).
D)Both (b) and (c) are correct.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
40
A life tenant may do anything with the land that is legal.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
41
The implied warranty of habitability:
A)is a warranty that the land is well maintained.
B)is a concept created by Congress to protect consumers who rent homes.
C)requires leased premises to be fit for ordinary residential purposes.
D)All of the above.
A)is a warranty that the land is well maintained.
B)is a concept created by Congress to protect consumers who rent homes.
C)requires leased premises to be fit for ordinary residential purposes.
D)All of the above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
42
Reversions:
A)create a future interest in a third person.
B)may be transferred by deed or will and pass by intestate succession.
C)include the right to immediate possession for an indefinite time.
D)do not create a definite, existing interest in the property, but create a future interest.
A)create a future interest in a third person.
B)may be transferred by deed or will and pass by intestate succession.
C)include the right to immediate possession for an indefinite time.
D)do not create a definite, existing interest in the property, but create a future interest.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
43
Jeanne sells an acre of her three-acre parcel to Ana and expressly provides that Ana shall have a right-of-way across Jeanne's remaining land so that Ana can reach her land.In this case:
A)Ana's land is the servient parcel.
B)the right created is a license.
C)Ana's land is the dominant parcel.
D)the right-of-way is an easement, which can only be created by an express grant in the deed granting the land to Ana.
A)Ana's land is the servient parcel.
B)the right created is a license.
C)Ana's land is the dominant parcel.
D)the right-of-way is an easement, which can only be created by an express grant in the deed granting the land to Ana.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
44
A condominium differs from a cooperative in that a tenant in the latter:
A)rents his apartment from the cooperative.
B)owns his apartment in cooperation with corporate owner.
C)owns all the space except the common areas.
D)owns only the internal space.
A)rents his apartment from the cooperative.
B)owns his apartment in cooperation with corporate owner.
C)owns all the space except the common areas.
D)owns only the internal space.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
45
A transaction whereby the tenant transfers away her entire interest under a lease is called a(n):
A)sublease.
B)assignment.
C)eviction.
D)abandonment.
A)sublease.
B)assignment.
C)eviction.
D)abandonment.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
46
Marco conveyed his half-acre lot "to Earl Snyder forever." This language conveys:
A)full and absolute title.
B)a fee simple estate.
C)a reversion.
D)Both (a) and (b).
E)no title since Marco's intent is not clear from the language used.
A)full and absolute title.
B)a fee simple estate.
C)a reversion.
D)Both (a) and (b).
E)no title since Marco's intent is not clear from the language used.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
47
A survival clause refers to:
A)a remainder in a life estate.
B)a possibility of reverter.
C)a provision in a lease contract providing that the tenant's eviction for non-payment of rent will not relieve her of liability for damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain when reletting the premises.
D)All of the above.
A)a remainder in a life estate.
B)a possibility of reverter.
C)a provision in a lease contract providing that the tenant's eviction for non-payment of rent will not relieve her of liability for damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain when reletting the premises.
D)All of the above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
48
An example of waste as used in real property law would include:
A)the failure to repair a building.
B)neglect of an adequate conservation policy.
C)not collecting rents as prescribed by contract.
D)Both (a) and (b) are correct.
A)the failure to repair a building.
B)neglect of an adequate conservation policy.
C)not collecting rents as prescribed by contract.
D)Both (a) and (b) are correct.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
49
In a condominium:
A)all residents own shares in the corporation that owns the building.
B)each resident purchases a living unit in the building.
C)the tenant owns a reversionary interest in the property.
D)the tenant creates a future interest in the property known as a possibility of reverter.
A)all residents own shares in the corporation that owns the building.
B)each resident purchases a living unit in the building.
C)the tenant owns a reversionary interest in the property.
D)the tenant creates a future interest in the property known as a possibility of reverter.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
50
Which of the following represents concurrent property ownership?
A)A cooperative.
B)A life estate.
C)A lease.
D)A fee simple absolute.
A)A cooperative.
B)A life estate.
C)A lease.
D)A fee simple absolute.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
51
An estate from week to week or month to month is called a(n):
A)fee simple absolute.
B)estate for years.
C)periodic tenancy.
D)tenancy at sufferance.
A)fee simple absolute.
B)estate for years.
C)periodic tenancy.
D)tenancy at sufferance.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
52
If a landlord furnishes heat in the summer in order to force his tenant to move and the tenant does in fact move, a court of law will probably decide that:
A)waste has occurred.
B)there has been an unreasonable abandonment of the premises.
C)a constructive eviction has taken place.
D)vacating of the premises constituted an assignment.
A)waste has occurred.
B)there has been an unreasonable abandonment of the premises.
C)a constructive eviction has taken place.
D)vacating of the premises constituted an assignment.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
53
Bob and his sister, Claudia, can own property by:
A)a tenancy by the entireties.
B)tenancy in common.
C)joint tenancy.
D)Any of the above.
E)Both (b) and (c) above.
A)a tenancy by the entireties.
B)tenancy in common.
C)joint tenancy.
D)Any of the above.
E)Both (b) and (c) above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
54
Mom and Carolyn own a farm as joint tenants.When Mom dies, her share will pass to:
A)Carolyn.
B)her heirs.
C)her beneficiaries.
D)Carolyn's heirs.
A)Carolyn.
B)her heirs.
C)her beneficiaries.
D)Carolyn's heirs.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
55
The concept of waste, as used in real property, includes:
A)any act that permanently injures the realty.
B)any omission that permanently injures the realty.
C)any act that unreasonably changes the value of the realty.
D)All of the above.
A)any act that permanently injures the realty.
B)any omission that permanently injures the realty.
C)any act that unreasonably changes the value of the realty.
D)All of the above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
56
The characteristics of a qualified or base fee estate include(s) that:
A)it is possible to convey or will property to a person to enjoy absolutely, subject to its being taken away at a later date should a certain event occur.
B)a holder of a qualified fee interest may transfer the property by deed, subject to the initial condition.
C)a qualified fee interest may pass by intestate succession.
D)All of the above.
A)it is possible to convey or will property to a person to enjoy absolutely, subject to its being taken away at a later date should a certain event occur.
B)a holder of a qualified fee interest may transfer the property by deed, subject to the initial condition.
C)a qualified fee interest may pass by intestate succession.
D)All of the above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
57
If Sam leases property "to Susan as long as Sam wishes," the landlord has created a(n):
A)fee simple absolute.
B)estate (tenancy) at will.
C)condominium.
D)estate at sufferance.
A)fee simple absolute.
B)estate (tenancy) at will.
C)condominium.
D)estate at sufferance.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
58
An easement may be created in which of the following cases?
A)The landowner agrees to it orally.
B)It is necessary for access to the land.
C)It is taken by using the land openly without permission for a period of years.
D)All of the above.
E)Both (b) and (c) above are correct.
A)The landowner agrees to it orally.
B)It is necessary for access to the land.
C)It is taken by using the land openly without permission for a period of years.
D)All of the above.
E)Both (b) and (c) above are correct.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
59
According to the James v.Taylor case, at common law, if the wording in a deed was ambiguous, the law favored a:
A)tenancy by the entireties.
B)tenancy in partnership.
C)tenancy in common.
D)joint tenancy.
A)tenancy by the entireties.
B)tenancy in partnership.
C)tenancy in common.
D)joint tenancy.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
60
A characteristic of a tenancy in common is that:
A)it is the most frequently used form of concurrent ownership.
B)each co-owner has an undivided interest in the property and has the right to possession.
C)there is a right of survivorship.
D)All of the above.
E)Two of the above, (a) and (b).
A)it is the most frequently used form of concurrent ownership.
B)each co-owner has an undivided interest in the property and has the right to possession.
C)there is a right of survivorship.
D)All of the above.
E)Two of the above, (a) and (b).
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
61
If a monthly lease does not specifically provide for a date the rent is due, the tenant must pay at:
A)the end of the month.
B)the 15th of the month.
C)the beginning of the month.
D)five days after the beginning of the month.
A)the end of the month.
B)the 15th of the month.
C)the beginning of the month.
D)five days after the beginning of the month.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
62
An interest that arises in a third party in the future is called a(n):
A)reversion.
B)remainder.
C)assignment.
D)fee simple absolute.
A)reversion.
B)remainder.
C)assignment.
D)fee simple absolute.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
63
A possibility of reverter is the complementary estate to a:
A)fee simple.
B)qualified fee.
C)life estate.
D)reversion.
A)fee simple.
B)qualified fee.
C)life estate.
D)reversion.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
64
Maureen agrees to sell her interest in the farm to Joe.Maureen and her husband, Bill, hold the property as tenants by the entireties.What consequence?
A)There is no sale.
B)The sale severs the tenancy and creates a tenancy in common.
C)The sale transfers one-half interest in the land.
D)The sale results in a partition of the land.
A)There is no sale.
B)The sale severs the tenancy and creates a tenancy in common.
C)The sale transfers one-half interest in the land.
D)The sale results in a partition of the land.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
65
Explain what is meant by an implied warranty of habitability and how this doctrine has changed the common law approach with respect to residential leases.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
66
The All-Power Gas and Electric Company cleared a right of way across Larry's land and put up a power line, which it has maintained for the past 20 years.Now the company wants to replace the old line with a new one, and Larry has decided he doesn't want them on his land.
a.Does the Power Company have a recognizable interest in Larry's land? Explain.
b.Can Larry keep them from installing a new line? Explain.
a.Does the Power Company have a recognizable interest in Larry's land? Explain.
b.Can Larry keep them from installing a new line? Explain.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
67
Which of the following is NOT an example of co-ownership?
A)A joint tenancy.
B)A tenancy by the entireties.
C)A tenancy in common.
D)A lease between a landlord and a tenant.
A)A joint tenancy.
B)A tenancy by the entireties.
C)A tenancy in common.
D)A lease between a landlord and a tenant.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
68
Myra, Elsa, and Ellen are sisters who own 500 acres of land as tenants in common.Discuss the interest each has in the real estate.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
69
Jack, a landlord, sells his apartment house to Bob, who knows that each of the four apartments is rented.May Bob tell the tenants to vacate and install his own tenants?
A)Yes, since he is now the owner.
B)Yes, the leases terminate when Jack's ownership ends.
C)No, he must wait until their leases expire.
D)No, they may stay as long as they wish.
A)Yes, since he is now the owner.
B)Yes, the leases terminate when Jack's ownership ends.
C)No, he must wait until their leases expire.
D)No, they may stay as long as they wish.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
70
Millie, a tenant, abandons her apartment after six months, even though there are six months left on her lease.If no survival clause was in the lease, would the landlord be able to hold Millie liable for rent?
A)Yes, but he must leave the apartment vacant.
B)Yes, after he gives notice to the tenant.
C)Yes, after he relets the apartment.
D)No, the obligation to pay ended when Millie abandoned the apartment.
A)Yes, but he must leave the apartment vacant.
B)Yes, after he gives notice to the tenant.
C)Yes, after he relets the apartment.
D)No, the obligation to pay ended when Millie abandoned the apartment.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
71
The greatest ownership interest a person may have in real property is:
A)fee simple absolute.
B)tenancy by the entireties.
C)life estate.
D)vested remainder.
A)fee simple absolute.
B)tenancy by the entireties.
C)life estate.
D)vested remainder.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
72
Joanne rents a single-family house for one year starting September 1.If the house burns down, the common law requires:
A)payment of rent only prior to the destruction.
B)payment to be suspended until the house is repaired.
C)payments to terminate.
D)payment to continue for the entire year.
A)payment of rent only prior to the destruction.
B)payment to be suspended until the house is repaired.
C)payments to terminate.
D)payment to continue for the entire year.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
73
Barton granted his neighbor, Mullins, the right to graze her cattle on Barton's land.Identify the type of property interest Mullins has in Barton's land and explain how such interests are created.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
74
Ed signs a ten-year lease with a survival clause.If Ed is evicted for nonpayment of rent after two years, he will have to pay:
A)rent for the remaining 8 years.
B)damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain from reletting the premises.
C)until eviction.
D)until he assigns the lease.
A)rent for the remaining 8 years.
B)damages equal to the difference between the rent specified in the lease and the rent the landlord is able to obtain from reletting the premises.
C)until eviction.
D)until he assigns the lease.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
75
If Arthur were as yet childless, which of the following present grants would be considered a contingent remainder?
A)"To Arthur and his heirs forever and ever."
B)"To Arthur for life and then to his first-born son, but if he has no male children, then to the Catholic Church."
C)"To Arthur for life, then to grantor."
D)"To Arthur for 100 years and then to the Catholic Church."
A)"To Arthur and his heirs forever and ever."
B)"To Arthur for life and then to his first-born son, but if he has no male children, then to the Catholic Church."
C)"To Arthur for life, then to grantor."
D)"To Arthur for 100 years and then to the Catholic Church."
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
76
Agatha, Betty, and Clara are sisters who own 300 acres of land as joint tenants.
a.What interest does each of them have in the parcel of land?
b.If Betty dies, what happens to her share of the 300 acres?
c.If Clara sells one-half of her interest to Diane, what interest does Diane acquire in the 300-acre parcel?
a.What interest does each of them have in the parcel of land?
b.If Betty dies, what happens to her share of the 300 acres?
c.If Clara sells one-half of her interest to Diane, what interest does Diane acquire in the 300-acre parcel?
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
77
Landlords can evict a tenant if:
A)the tenant fails to pay the rent.
B)the lease expires and the tenant refuses to move out.
C)the tenant keeps a pet in violation of the lease and refuses to get rid of it.
D)All of the above.
A)the tenant fails to pay the rent.
B)the lease expires and the tenant refuses to move out.
C)the tenant keeps a pet in violation of the lease and refuses to get rid of it.
D)All of the above.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
78
If B grants A a life estate in his property and then B dies, what happens to the land when A dies?
A)It goes to A's heirs.
B)It goes to the state.
C)It reverts to B's heirs.
D)It passes under A's will.
A)It goes to A's heirs.
B)It goes to the state.
C)It reverts to B's heirs.
D)It passes under A's will.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck
79
Grandfather conveyed to Erin the right to the family farm after her grandmother dies.This is called:
A)a possibility of a reverter.
B)a reversionary interest.
C)a vested remainder.
D)a contingent remainder.
A)a possibility of a reverter.
B)a reversionary interest.
C)a vested remainder.
D)a contingent remainder.
Unlock Deck
Unlock for access to all 79 flashcards in this deck.
Unlock Deck
k this deck