REE CH 8 TEST QUESTIONS WITH VERIFIED ANSWERS - UPDATED
4 views 0 purchase
Course
REE CH 8
Institution
REE CH 8
REE CH 8 TEST QUESTIONS WITH VERIFIED ANSWERS - UPDATED
A conveyance by one joint tenant to a third party severs the joint tenancy - Answer-True
A conveyance by a tenant in common to another tenant in common severs the joint tenancy - Answer-False
One of the issues that helps make a prenupti...
REE CH 8 TEST QUESTIONS WITH
VERIFIED ANSWERS - UPDATED
A conveyance by one joint tenant to a third party severs the joint tenancy - Answer-True
A conveyance by a tenant in common to another tenant in common severs the joint
tenancy - Answer-False
One of the issues that helps make a prenuptial agreement valid is whether the spouse-
to-be had independent counsel. - Answer-True
The timing of the presentment of a prenuptial agreement is part of determining its
validity - Answer-True
Domestic partnership rights apply to same-gender couples in all states - Answer-False
A and B own property as joint tenants with right of survivorship. B dies and in his will
disposes of one half of the joint tenancy property to his niece. The testamentary
disposition is - Answer-Ineffective
A, B and C own property as joint tenants with right of survivorship. C makes an inter
vivos conveyance to D. C's actions - Answer-Are effective and D is a tenant in common
With reference to #2, suppose A has died. B - Answer-Is a tenant in common with 2/3 of
the property
If one co tenant is living on the property of the tenancy he/she must - Answer-Share
rental profits if he rents to a third party
A, B and C are joint tenants. C has died and left all of his property to his son, C, Jr. C,
Jr. - Answer-Has no rights to the property now held by A and B
Smith purchased a home before he married. He and his spouse now reside in the
home. The home is - Answer-Separate property
A and B are joint tenants. A conveys his interest to C. B passes away and leaves his
interest to his daughter, D. Who owns the property? - Answer-C and D
With respect to question #7, how much interest did A and B hold initially? - Answer-One
half each
Which is not a unity required for a joint tenancy? - Answer-Person
, A creditor of a single joint tenant - Answer-Can foreclose only on the joint tenant's
interest
For which of the following expenses are joint tenants responsible? - Answer-Taxes
In a community property state - Answer-Spouses share 50/50 in the income during the
marriage
Which unity is not required for tenancies in common? - Answer-Both A and C. Time and
Interest
Premarital agreements on property distribution in the event of divorce - Answer-None of
the above
A tenancy in partnership - Answer-Is most like a joint tenancy
A and B are tenants in common, with each owning a 1/2 interest. B conveys her interest
to C. A dies, leaving all her property to her children. Who owns the property now? -
Answer-C owns 1/2 and A's children own 1/2
Creditors of tenants in common - Answer-None of the above
Under the Uniform Marital Property Act, which of the following is not a requirement for a
valid premarital agreement? - Answer-Can be used only by a putative spouse
A, B and C are tenants in common. A owns 2/3 interest. B and C own 1/6 each. C has
died leaving his interest to his daughter, D. B has transferred his interest to H. The
property is now owned as follows - Answer-A - 2/3, D - 1/6, H - 1/6
Which of the following is not a requirement for a valid prenuptial agreement? - Answer-
Consideration
A joint tenancy in which there are unequal shares will fail because of violation of the
unity of - Answer-Interest
Which of the following is required for a valid prenuptial agreement? - Answer-Voluntary
Signature
A, B, C, D - tenants in common on a parcel of land.
D conveys to E
C conveys to F
B dies and leaves his property to his children, G, H and I
Which describes accurately who owns the parcel? - Answer-A, E, F, G, H and I
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Perfectscorer. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.