test chapter 3
Statutory estates such as dower, curtesy, and community property are created by A. State Laws. B. the local community. C. the U.S. Constitution. D. deed restrictions.
A. State Laws.
All of the following may constitute an encumbrance on real property except A. a city ordinance regarding signage. B. a restrictive covenant in a deed. C. a mortgage. D. an easement.
A. a city ordinance regarding signage.
The encumbrance that involves the property of an owner residing on the property of another in called: A. an encroachment. B. an easement by subscription. C. a party wall easement. D. an easement appurtenant.
A. an encroachment.
Which of the following would be an example of an easement in gross? A. There is always a dominant and a servient estate. B. A subsequent sale of the land does not usually affect ownership of this easement. C. The driveway from the road to the back of the lot. D. Not limited to the specific user.
B. A subsequent sale of the land does not usually affect ownership of this easement.
Property owned by a person who dies intestate and without heirs will escheat to A. the Atty. Gen.. B. the state. C. the federal government. D. the municipality.
B. the state.
Which of the following is true regarding homestead rights? A. A claimant must file a petition in order to have the homestead protection. B. Only e few states have passed homestead protection laws. C. A property can lose its homestead character by death, abandonment or alienation. D. There are no exceptions to the protection against debts.
C. A property can lose its homestead character by death, abandonment or alienation.
One of the government rights in all real property is the right of eminent domain. Which of the following is true regarding that right? A. Land can be taken for schools, freeways, streets, and parks. B. Land can be taken for utility companies and privately owned railroads. C. The legal proceeding involved is condemnation. D. All of the above are true.
D. All of the above are true.
The largest bundle of rights available for private ownership is called A. an Easement Appurtenant. B. an Easement in Gross. C. Fee Simple "Subject to". D. Fee Simple.
D. Fee Simple.
Eve sold the back half of her lot to Adam and gave Adam a permanent easement across her land in order for Adam to have access to the road. Which of the following statements is true? A. The servient estate is held by Adam. B. The dominant estate is held by Eve. C. The easement is an easement in gross. D. The easement is an easement appurtenant.
D. The easement is an easement appurtenant.
Property tax liens are not superior to IRS debt. T/F
F
The largest, most complete bundle of rights one can hold in land is called encumbrances. T/F
F
The present government rights in land are like the feudal system. T/F
F
A lien is a claim on property to secure payment of a debt or other obligation. T/F
T
A mortgage is a specific voluntary lien placed on a real estate property. T/F
T
Chattel is personal property. T/F
T
Easements, such as easement in gross and easement appurtenant, give one a right to use the land of another without owning it. T/F
T
Government rights are taxation, eminent domain, police power and escheat. T/F
T
Homestead rights are constitutional and therefore, cannot be waived. T/F
T
When a judgment liens is awarded as money damages for some lawsuit, the lien can be place on several properties owned by the debtor. T/F
T