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KW
Unit 3 Quiz Questions
| Question | Answer |
|---|---|
| The right of a government body to take ownership of real estate for public use is called? | Eminent domain |
| One who has ownership rights of real estate that could continue forever and which provide that no other person can claim to be the owner of or have any ownership control over the property has is? | Fee simple absolute |
| The owner of fee simple title to a vacant lot adjacent to a hospital decided to make a gift of the lot to the hospital "so long as it is used for hospital purposes. After completion of the gift, the hospital will own what? | A fee simple determinable |
| Your neighbors use your driveway to reach the garage on their property. Your attorney explains that the neighbors real estate includes an easement appurtenant giving them the right to do this. Your property is what? | The servient tenement. |
| A license is an example of ? | a personal privilege |
| An easement appurtenant does what? | runs with the land |
| A property on Main Street that was formerly a retail store will become the site of a new city hall made possible by the government's power of what? | eminent domain |
| What are the governmental powers? | Police, eminent domain, taxation and escheat. (PETE) |
| What's it called when a property owner has a legal right to use a neighbor's land? | an easement |
| What are the 3 examples of a legal life estate? | Dower (from deceased husband to living wife), Curtesy (to husband from deceased wife) and homestead (real estate occupied as family home) |
| An owner conveys ownership of a residence to a church, but reserves a life estate in the residence. The future interest held by the church is what? | a remainder (returns to original owner upon end of life estate |
| The new owner of a property installs a fence on the property. By mistake, the fence extends 1 foot over the property line onto a neighbor's property. The fence is an example of what? | an encroachment |
| A homeowner may be allowed certain protection from judgements of creditors as a result of what right's from the state? | Homestead rights |
| A person has permission from a property owner to hike on the owner's property during the autumn months. what does the hiker have? | a license |
| A homestead is a legal life estate in real estate that is what? | occupied as the family home |
| Because a homeowner failed to pay the real estate taxes on time, the taxing authority imposed a claim against the homeowner's property. This claim is known as what? | a lein |
| The type of easement that is a right-of-way for a utility company's power lines is what? | an easement in gross |
| The process by which government takes control of a property after the owner dies without a will or lawful heirs is called? | escheat |
| A landowner has divided a large parcel of land into smaller parcels and has recently sold a tract near a nature preserve that is landlocked and cannot be entered except through one of the other tracts. The buyer will probably be granted what easement? | easement by necessity (by court action) |
| What will terminate an easement? | 1,need no longer exists 2.owner of either dominant or servient tenement becomes sole owner of both properties 3.by release of right of easement to owner of servient tenement 4.by abandonment of easement 5.by nonuse of prescriptive easement. |
Created by:
kerry.goode