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Beto wants to lease a duplex for two years from Country Living Inc. In most states, the lease agreement


A) must be in writing.
B) can be oral or written.
C) must be oral.
D) must be signed by a judge.

E) A) and D)
F) None of the above

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Real property consists of land, and does not include anything attached to it.

A) True
B) False

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Urban City wants to acquire undeveloped private land within the city limits to construct a public park. The city brings a condemnation proceeding to obtain title to the land. This is


A) the right to adverse possession.
B) an easement.
C) a profit.
D) the power of eminent domain.

E) C) and D)
F) All of the above

Correct Answer

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Brick & Mortar Stores Inc. signs a lease for a storefront owned by Commercial Properties Inc. The lease does not specify how long it is to last but does specify that rent is to be paid at certain intervals. This is


A) a periodic tenancy.
B) a fixed-term tenancy.
C) a tenancy at will.
D) a tenancy at sufferance.

E) B) and C)
F) A) and D)

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Bob owns twenty acres of land on the side of a mountain in Colorado. He files a suit against the Durango Flight School, claiming that its planes flying over his land violate his property rights. To succeed, his best argument is


A) the planes fly over more than twice a day.
B) there are other routes the planes could take.
C) the flights are low and frequent, interfering with enjoyment of his land.
D) the planes are effectively taking private property for private use.

E) A) and C)
F) B) and C)

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Because no one can actually hold a piece of land, certain rights and duties are recognized to constitute the ownership interests in real property.

A) True
B) False

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Rose is the life tenant of five hundred acres of land, on which is situated a previously existing mine. Rose has the right to


A) use the land, including the mine, for any purpose, without qualification.
B) extract minerals from the mine, but not to dig a new mine.
C) extract minerals from the mine and to dig new mines.
D) none of the choices.

E) A) and D)
F) A) and C)

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Jade owns a loft that she leases to Key and Liu. If Jade sells the loft, Key and Liu


A) become the tenants of the new owner.
B) remain Jade's tenants until the end of the lease term.
C) must immediately vacate the premises.
D) become the landlord.

E) A) and D)
F) C) and D)

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Mike owns a beach house in North Carolina in fee simple. This ownership interest is


A) potentially infinite in duration.
B) limited to the period of Mike's life.
C) limited to the period of the lives of Mike and his immediate heir.
D) subject to the withdrawal or recall of the previous owner.

E) C) and D)
F) A) and C)

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Beck and Carli are married. Carli purchases a condominium near Downhill Ski Resort. Beck and Carli each technically own an undivided one-half interest in the condo. This is


A) a joint tenancy.
B) fee simple ownership.
C) community property.
D) illegal.

E) B) and C)
F) C) and D)

Correct Answer

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With a tenancy at will, either party can terminate the tenancy without notice.

A) True
B) False

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In both a tenancy in common, and a joint tenancy, each co-owner owns an undivided interest in the property.

A) True
B) False

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Rita has a fixed-term tenancy for her apartment with Studio Apartments. If Rita abandons the premises before the lease expires


A) Studio must make a reasonable attempt to evict Rita.
B) Studio may be required to mitigate its damages.
C) Rita may be required to mitigate her damages.
D) Rita is no longer obligated to pay the rent.

E) All of the above
F) A) and B)

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Richard owns Scholars Apartment House. His ownership rights include the right to sell or give away the property without restriction, as well as to use the property for whatever purpose he sees fit. His ownership interest is


A) a fee simple absolute.
B) a life estate.
C) the right to adverse possession.
D) the power of eminent domain.

E) B) and C)
F) C) and D)

Correct Answer

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A fee simple absolute is an estate or interest in land with no limits in terms of disposition or duration.

A) True
B) False

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The owner of real property has relatively exclusive rights to the airspace above the land.

A) True
B) False

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Ghani owns Hillside Vineyard. Ghani conveys some of the land "to Iona for her life." Ghani has given Iona


A) a fee simple absolute.
B) a license.
C) a life estate.
D) a profit.

E) C) and D)
F) A) and B)

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A lease of property for a prohibited use is unenforceable.

A) True
B) False

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To be a fixture, an item of personal property must be physically attached to the land in some way.

A) True
B) False

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The covenant of quiet enjoyment guarantees that the buyer will not disturb the land or any of its neighbors.

A) True
B) False

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