I have mutiple-choice and true/false questions for real estate course. Could you
ID: 2613518 • Letter: I
Question
I have mutiple-choice and true/false questions for real estate course.
Could you help with the question, please?
1) An easement is primarily a
A) right of transfer.
B) right of exclusion.
C) right of use.
D) right of externality.
2) A dominant estate
A) is more valuable than a servient estate.
B) has the right to build as high as its owner wants.
C) has to compensate the servient estate.
D) can impose an easement on a servient estate.
3) An easement
A) can never disappear.
B) is more prevalent in large cities.
C) is created by contract.
D) can be limited in terms of time and location.
4) Which of the following statements about adverse possession is false?
A) The length of time needed to convert to a freehold estate differs from state to state.
B) It is a limited estate.
C) In order for it to be converted to a freehold estate one needs to be very open and public.
D) It is an example of an externality.
5) A holdover tenant
A) is automatically created when, upon the expiration of a tenancy, a tenant refuses to move out.
B) has a valid lease.
C) is legally required to pay rent.
D) is favored by landlords due to the fact that they pay higher rent.
6) What is a deed used for?
A) To create proof of an estate.
B) To transfer an estate.
C) To create proof that there are no other claims against the property.
D) To justify a change in zoning laws.
7) Which of the following statements about a title search is false?
A) Title search is required by the bank when purchasing a property.
B) It shows easements.
C) It shows whether there are claims against the property.
D) It creates a chain of ownership.
8) A property tax lien
A) is superseded by a mechanics lien.
B) prevents one of getting a mortgage.
C) is a risk-factor for a bank lending money to a home-owner.
D) Both A and C are correct
9) A residential tenant can
A) exclude a landlord from his property without limitation.
B) stay in the apartment after the lease has ended.
C) not sublease her/his apartment.
D) make changes to the apartment that s/he lives in.
10) Title represents ownership of an estate.
True/False
11) Easements show up in a title search.
True/False
12) Commercial rentals are subject to less regulation than residential rentals.
True/False
Explanation / Answer
1) An easement is primarily a right of use. It may be a right to use of a property or thing. The right to use may be of other’s property as well. Hence the correct answer is :
C) right of use.
2) A dominant estate means the estate on which the owners has dominant right. On the opposite side servient estate is an estate on which owners has inferior right. Hence the correct answer is :
A) is more valuable than a servient estate.
3) An easement is primarily a right of use. It may be a right to use of a property or thing. The right to use may be of other’s property as well. An easement can is always created by a contract , hence the right answer is :
C) is created by contract.
4) Adverse possession is actually a way of acquiring the title of the property by possessing it on certain conditions. Hence the correct answer is :
B) It is a limited estate.
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.