Review test 1-Stringham schools (Graded A+ actual test)
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Course
Stringham schools
Institution
Stringham Schools
Alison Gray held fee simple tile to a vacant lot adjacent to a hospital. She was persuaded to make a gift of
the lot to the hospital. She wanted to have some control over its use, so her attorney prepared her deed
to convey ownership of the lot "as long as it is used for hospital purposes." After...
Review test 1-Stringham schools
Alison Gray held fee simple tile to a vacant lot adjacent to a hospital. She was persuaded to make a gift of
the lot to the hospital. She wanted to have some control over its use, so her attorney prepared her deed
to convey ownership of the lot "as long as it is used for hospital purposes." After conveyance of the gift,
the hospital would own: - A determinable fee estate
An important characteristic of land is that it can be improved. These modifications become a part of and
tend to increase the value of the real property. Which of the following is such a modification? -
Access roads
Which of the following is an economic rather than a physical characteristic of real property? - Area
preferences - situs
The definition of the term "real property" includes: - Air space and subsurface rights
Which of the following would be an example of chattel? - Cattle
The definition of an emblement includes which of the following? - Crops nurtured in the year of
the sale of the property
Real property includes all of the following EXCEPT: - Trade fixtures
A fixture is: - Considered real estate
Which of the following best explains the difference between trade fixtures and fixtures? - Trade
fixtures are transferred by bill of sale, fixtures transfer with the deed.
If a cabinet in a house is a fixture, which of the following is true? - Title to it passes to the buyer
upon the sale of the house.
, For a deed to be valid, it must be: - Signed by the grantor
In a deed, the habendum clause is a: - To have and to hold clause
Which of the following is a complete definition of real property? - Land and its appurtenances, all
the air space to infinity and everything below the surface to the earth's center
Lester makes out a deed to Charlie, his partner. Lester signs the deed and has it acknowledged, after
which he places it in a safe deposit box. shortly thereafter, he is killed in an accident. Will Charlie get the
property?
A. Yes, the deed is valid
B. Yes, but it will first have to go through probate.
C. No, Lester obviously left out an important step
D. No, since Lester cannot pass property to anyone in the event of accidental death - No, Lester
obviously left out an important step
Which of the following best describes the covenant of Quiet Enjoyment? - The grantee will not be
disturbed by someone else claiming an interest in the property.
Ellis bought a service station from Grant and received an Quit Claim Deed for it. A court ruling later
decreed that Grant never had a valid interest in the property. What interest does Ellis now have?
A. Since he paid for it, Ellis now has a fee simple estate
B. It's not what he wanted, but Ellis now has a fee defeasible estate
C. He can't own it, but the court will likely grant Mr. Ellis a life estate
D. Mr. Ellis has no interest in the property - D. Mr. Ellis has no interest in the property
Moss leased a lakeside lot from Mayes. Upon arriving at the lot to begin sunbathing, Moss found Mayes
there, selling hotdogs and attracting a constant crowd. Under which of the following justifications could
Moss move and refuse to pay rent on this lot? - Constructive eviction
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