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  3. Business Law Study Set 5
  4. Quiz 24: Real Property

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Question 13
True False

In order to acquire title to property by adverse possession,the adverse possessor must continually use the property for a statutorily prescribed period of time.

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Q 14
An exclusive right to sell listing means that a broker receives a commission on a sale of the property even if the seller found the buyer.
Q 15
Mr.Green sneaks into hunting property of Mr.Blue.Mr.Green builds a basic structure that is hidden from plain site.Ten years later Mr.Green files for title of the property.A court will reject Mr.Green's assertion of ownership of the property.
Q 16
Alex has executed a deed in favor of Baxter which conveys in his favor whatever title he has at the time he executes the deed.This deed is called a warranty deed.
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