Q1. A leasehold is: a. the interest a person holds in rented property b. the per

Question

Q1. A leasehold is:

    a. the interest a person holds in rented property

    b. the person who leases a piece of property to another person

    c. the person who holds a lease on a piece of property

    d. the legal document that details the terms of a lease

Q2. Property is:

    a. something inherited from an ancestor

    b. the legally protected expectation of being able to use a thing for one's advantage

    c. always a physical object that can be sold or given to another person

    d. never a physical object

    e. something universally recognized as subject to unrestricted trading

Q3. Trespass is an unauthorized intrusion by a person or by a thing on land that belongs to another.

    a. true

    b. false

Q4. A person who is given the right to use property during their lifetime is given _____________ in the property.

    a. an easement

    b. a life estate

    c. a covenant

    d. a non-coercive claim

Q5. Your neighbor burns old tires in his back yard. That produces fumes that go on your yard. That is likely the tort of:

    a. assault

    b. private nuisance

    c. public nuisance

    d. conversion

Explanation / Answer

a. the interest a person holds in rented property c. always a physical object that can be sold or given to another person True. b. a life estate. Definition. b. private nuisance. As it is done privately in his back yard.

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