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Business
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Business Law
Quiz 33: The Nature and Regulation of Real Estate and the Environment
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Question 1
True/False
Owners should be aware that they owe licensees and invitees and guests the same standard of due care with regard to hidden dangers, even dangers the owner is unaware of.
Question 2
True/False
The western states of the U.S. have adopted the riparian rights theory to deal with a landowner's rights to water.
Question 3
True/False
The National Environment Policy Act (NEPA) does not apply to purely private activities.
Question 4
True/False
A variance permit is an exception to the requirements of a zoning ordinance.
Question 5
True/False
Kathy had a private well dug in her land that provided water to about 10 people living in the same locality. Its protection would come under the purview of the Safe Drinking Water Act of 1974.
Question 6
True/False
Easements can only be created in deeds or in wills.
Question 7
True/False
Suppose a transferor would convey land with these words "to Ben for life and then to Jane." That would mean that Ben has a life estate and after Ben's death, Jane would also have a life estate.
Question 8
Multiple Choice
Bill purchased a plot of land for which the deed states that the grantor transfers the property "to grantee and his or her heirs". This would have the legal effect of creating a(n) _____.
Question 9
True/False
In the Clean Air Act, like most federal environmental laws, the federal government has control over the way each state implements the provisions of the Act.
Question 10
True/False
The National Environment Policy Act (NEPA) was finally passed in the Clinton Administration, after many years of opposition from anti-abortion groups.
Question 11
True/False
The owner is ordinarily entitled to the fair market value of land condemned under eminent domain.
Question 12
True/False
A leasehold estate is one whose termination date is usually known.
Question 13
True/False
An easement is an estate, whereas a license is personal to the grantee and is not assignable.
Question 14
True/False
The remainderman is the person who becomes the owner when a life estate terminates.
Question 15
Multiple Choice
Zheng has her house built on the border of a public watercourse in a state that follows riparian rights theory. It can be said that she:
Question 16
Multiple Choice
In property law, a(n) _____ is an interest in real property, ranging from absolute dominion and control to bare possession.
Question 17
Multiple Choice
In most U.S. states, a widow or widower has a statutory right to a percentage (often one-third) of the property of the spouse when the spouse dies. This is known as a(n) _____.
Question 18
Multiple Choice
In relation to the rights of the landowners on water in United States, the _____ doctrine permits the benefit to be derived from use of the waterway to be weighed against the gravity of the harm.