Question 1

Which of the following are promises voluntarily entered into by property owners by which the owners promise to use or not to use their land in particular ways?

Accepted Answer

A)   Obligatory covenants
B)   Public use agreements
C)   Approved use requirements
D)   Restrictive covenants
E)   ZoningF) A) and E)
G) A) and D)

Question 2

A[n] ______ account is an account maintained by a neutral third party into which a deposit on property is placed until all necessary steps for a transfer of property can be made.

Accepted Answer

A)   Closing
B)   Escrow
C)   Accountable
D)   Earnest
E)   Back-upF) A) and D)
G) B) and D)

Question 3

Subleasing of leased property by the tenant to another party is permissible unless specifically prohibited by the lease.

Accepted Answer

A) True 
 B)False

Question 4

A ______ estate is the most complete estate a person may have.

Accepted Answer

A)   Conditional
B)   Life
C)   Leasehold
D)   Future interest
E)   Fee simple absoluteF) C) and D)
G) A) and C)

Question 5

Transfer of property is initiated by the ______ of the deed.

Accepted Answer

A)   Acknowledgement
B)   Execution
C)   Registration
D)   Sealing
E)   ExpressingF) A) and D)
G) A) and E)

Question 6

Which of the following is false regarding the extent of real property ownership rights?

Accepted Answer

A)   A landowner's rights to property extend to airspace.
B)   A landowner has water rights consisting of the legal use of water flowing across or underneath the property so long as landowners downstream are not deprived of water.
C)   A landowner has mineral rights.
D)   A landowner is prohibited from cutting branches of a neighbor's tree hanging over into the landowner's premises.
E)   Interests in land range from temporary to permanent to future.F) A) and D)
G) All of the above

Question 7

The term ______ rights references the right to enter onto property to remove the underground materials.

Accepted Answer

A)   Subsurface
B)   Underground
C)   Earth
D)   Terrestrial
E)   SubterrestrialF) None of the above
G) All of the above

Question 8

In which of the following do all tenants own equal shares of the property with the property divided equally among surviving joint owners upon the death of one tenant?

Accepted Answer

A)   Joint tenancy
B)   True tenancy
C)   Tenancy in common
D)   Joined tenancy
E)   Group tenancyF) All of the above
G) C) and D)

Question 9

A ______ is an instrument of that conveys real property from one owner to another.

Accepted Answer

A)   Deed
B)   Form of acknowledgment
C)   Transfer
D)   Right of way
E)   TitleF) B) and C)
G) B) and E)

Question 10

Which of the following is false regarding property interests in Vietnam?

Accepted Answer

A)   The constitution asserts that the state owns all the land.
B)   If an individual wants to use land, he or she must pay tax on it as a form of rent.
C)   Transference of property can occur only with the approval of a state official.
D)   A new owner can never be given a longer term of right or more extensive rights over the land than the original owner had.
E)   The transferring owner determines the price for which property will be transferred.F) B) and C)
G) A) and C)

Question 11

Which of the following is false regarding a condominium interest?

Accepted Answer

A)   The holder has exclusive ownership rights of a unit within the condominium.
B)   The holder shares joint tenancy with the other condominium owners over the land.
C)   The holder has tenancy in common with the other condominium owners over the buildings and improvements of the common areas of the development.
D)   The architecture and use of common areas are regulated by a condominium association.
E)   The condominium association has the power to levy assessments against the unit owners for maintenance of common areas.F) A) and D)
G) A) and E)

Question 12

Sam openly used a trail on Kathy's farm to go fishing at the river for 30 years.Kathy knew that he did so.She became angry at him over an event at the Senior Citizen's Center and told him that he could no longer cut across her farm.What legal recourse,if any,would Sam have,and why?

Accepted Answer

Sam should claim an easement by prescrip...

Question 13

Which of the following would originally have been personal property but became part of realty after being permanently attached to real property?

Accepted Answer

A)   A fee
B)   A fixture
C)   A consolidation
D)   A mix
E)   An enclosureF) None of the above
G) A) and B)

Question 14

An easement or profit is ______ when it runs with the land adjacent to the property on which it exists.

Accepted Answer

A)   Express
B)   Adjoining
C)   In gross
D)   Appurtenant
E)   PrevailingF) A) and B)
G) C) and D)

Question 15

In Japan adverse possession for ______ years leads to a transfer of ownership as long as the possessor began with a nonnegligent good-faith belief that he or she had legal title to the property.

Accepted Answer

A)   10
B)   15
C)   20
D)   25
E)   30F) A) and D)
G) A) and C)

Question 16

Which of the following is certification by an official of the state that he or she saw the signing of a deed and was provided evidence that the signatories were who they claimed to be?

Accepted Answer

A)   Acknowledgement
B)   Certification
C)   Notarization
D)   Sealing
E)   ExecutionF) C) and D)
G) All of the above

Question 17

In which of the following types of ownership does each co-owner have the right to sell his or her interest without the consent of the other owners,have the right to own an unequal share of the property,and the right to own property subject to the right of a creditor to attach his or her interest?

Accepted Answer

A)   Joint tenancy
B)   True tenancy
C)   Tenancy in common
D)   Joined tenancy
E)   Tenancy by the entiretyF) D) and E)
G) C) and E)

Question 18

In making a transfer by ______ deed the grantor is only making the promise that he or she has not done anything to lessen the value of the estate.

Accepted Answer

A)   Quitclaim
B)   Special warranty
C)   Approved
D)   General warranty
E)   SpecificF) B) and E)
G) B) and D)

Question 19

An owner cannot deprive landowners downstream of the use of the water by diverting it elsewhere.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following describes co-ownership by married couples allowing full ownership by the surviving spouse when the other spouse dies?

Accepted Answer

A)   Joint tenancy
B)   Cooperative tenancy
C)   Tenancy in common
D)   Joined tenancy
E)   Tenancy by the entiretyF) B) and C)
G) A) and E)

Exam 49: Real Property

In which of the following do all tenants own equal shares of the property with the property divided equally among surviving joint owners upon the death of one tenant?

Correct AnswerverifiedShow Answer

An owner cannot deprive landowners downstream of the use of the water by diverting it elsewhere.

Correct AnswerverifiedShow Answer

A ______ is an instrument of that conveys real property from one owner to another.

Correct AnswerverifiedShow Answer

In which of the following types of ownership does each co-owner have the right to sell his or her interest without the consent of the other owners,have the right to own an unequal share of the property,and the right to own property subject to the right of a creditor to attach his or her interest?

Correct AnswerverifiedShow Answer

In making a transfer by ______ deed the grantor is only making the promise that he or she has not done anything to lessen the value of the estate.

Correct AnswerverifiedShow Answer

Sam openly used a trail on Kathy's farm to go fishing at the river for 30 years.Kathy knew that he did so.She became angry at him over an event at the Senior Citizen's Center and told him that he could no longer cut across her farm.What legal recourse,if any,would Sam have,and why?

Correct AnswerverifiedSam should claim an easement by prescrip...View AnswerShow Answer

In Japan adverse possession for ______ years leads to a transfer of ownership as long as the possessor began with a nonnegligent good-faith belief that he or she had legal title to the property.

Correct AnswerverifiedShow Answer

A ______ estate is the most complete estate a person may have.

Correct AnswerverifiedShow Answer

An easement or profit is ______ when it runs with the land adjacent to the property on which it exists.

Correct AnswerverifiedShow Answer

Which of the following would originally have been personal property but became part of realty after being permanently attached to real property?

Correct AnswerverifiedShow Answer

Which of the following is certification by an official of the state that he or she saw the signing of a deed and was provided evidence that the signatories were who they claimed to be?

Correct AnswerverifiedShow Answer

Which of the following is false regarding the extent of real property ownership rights?

Correct AnswerverifiedShow Answer

Which of the following is false regarding a condominium interest?

Correct AnswerverifiedShow Answer

Subleasing of leased property by the tenant to another party is permissible unless specifically prohibited by the lease.

Correct AnswerverifiedShow Answer

The term ______ rights references the right to enter onto property to remove the underground materials.

Correct AnswerverifiedShow Answer

Which of the following is false regarding property interests in Vietnam?

Correct AnswerverifiedShow Answer

Which of the following describes co-ownership by married couples allowing full ownership by the surviving spouse when the other spouse dies?

Correct AnswerverifiedShow Answer

A[n] ______ account is an account maintained by a neutral third party into which a deposit on property is placed until all necessary steps for a transfer of property can be made.

Correct AnswerverifiedShow Answer

Which of the following are promises voluntarily entered into by property owners by which the owners promise to use or not to use their land in particular ways?

Correct AnswerverifiedShow Answer

Transfer of property is initiated by the ______ of the deed.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Sam should claim an easement by prescrip...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified