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Exam 38: Real Property

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Question 31

Multiple Choice

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Kent owns the land on which the Longhorn Cattle Ranch is situated, plus the farmhouse, barn, and other structures permanently attached to the land. Kent's sister Milly owns everything else on the farm-equipment, feed, and so on. The real property is owned by

A) Kent and Milly.
B) Kent only .
C) the ranch.
D) Milly only.

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

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Question 32

Multiple Choice

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Nancy owns Office Tower, which is situated on an acre of land that she also owns in Peoria, Illinois. Subject to certain qualifications, the exterior boundaries of Nancy's land extend to

A) the size of a cubic acre.
B) the limits of the current building market .
C) infinity and beyond.
D) the center of the earth and up to the sky.

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

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Question 33

Multiple Choice

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Vern sells his apple orchard to Winnie. On Winnie's payment of the price, Vern transfers the title by deed. Vern is

Leon conveys his nineteenth-century mansion to Main Street Historical Society in fee simple absolute. In the mansion, Leon now has

When crops are sold separate from the land on which they are grown, they are considered personal property.

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

The covenant of quiet enjoyment is a promise that the buyer will not be disturbed in his or her possession of the land.

Vance owns a field where he grows cotton. When he sells the field to Wilson, he includes the cotton that is growing in the field. This sale is governed by

An easement is the right to go onto land owned by another and take away some part of the land itself or some product of the land.

Colleen owns a house. In the house is a throw rug on the floor, a heavy decorative urn in a corner, and a rack for hanging pots that is bolted to the ceiling of the kitchen. Most likely to meet the definition of a fixture is

Center 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 license is a personal privilege that cannot be withdrawn or recalled.

The government decides where to build a new highway and it needs to take some property from private landowners. The government is allowed to condemn property through

Under the takings clause of the Fifth Amendment to the U.S. Constitution, private property may be taken for public use without "just compensation."

All legal interests in land include the right to possess the property .

Real property is any tangible property.

To transfer the title to Oliver's warehouse to Pete by deed requires

A valid deed must contain words indicating an intent to convey (transfer) the property.

Utility Company has the right to run its power lines across Vera's land. This is

Tile and carpeting permanently attached to the floor of a house are most likely intended to be fixtures.