Section 2 unit 5 Ce Shop exam

Your client, ada, wants to purchase property that includes a garage apartment that's subject to an existing lease. Ada plants to rent the garage apartment to her sister next year. What should ada specifically look for when reviewing the existing lease terms to decide if this is the right property for her?

Duration and renewal options

Which of the following is an example of easement termination by merger?

The owner of a servient estate buys the property of the dominant estate.

Will was sued for damages related to a car accident in which he was involved last year. As part of the proceedings, the court placed a lien against his primary residence. What type of lien is this?

An attachment lien is when the courts place on encumbrance on the property of a defendant in a lawsuit for monetary damages.

A property has just been foreclosed on. Which of the following describes the rules regarding lien priority?

Property tax liens take priority, with all others following a "first in time" rule

Which of the following liens would take priority over others?

Tax lien

Kurt bought a vacant lot in a development that was 85% completed. When he started working with the builder to lay out where the house and driveway would lie, it was determined that he would need an easement because his driveway would spill over onto the adjacent lot by a few feet. What type of easement is this?

easement appurtenant

Gene and Alex bought a property that backed up to a neighborhood park. The previous owner mentioned that ever since the park was built eight years ago, the next door neighbor who works at the park has cut through the yard to get to the park rather than going around via the streets, which saves about half a mile. What kind of easement is this?

easement by prescription

Liam is a contractor who discloses his right to place a lien on the properties where he works in the event of non-payment. What type of lien is this?

mechanics

An easement dictates that property owner A gives the right to property owner B to use a portion of the property. Which term describes property A?

servient estate

Brent and Kathy recently bought a property in a gated community. While doing some landscaping they noticed that their neighbor's shed seems to be over the lot line and on their property. What should they consult to determine if the shed is an encroachment?

survey