LEGL 2700 TEST 2 HACKLEMAN UGA QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

LEGL 2700 TEST 2 HACKLEMAN UGA
QUESTIONS AND ANSWERS WITH
SOLUTIONS 2024
propertyL-LANSWERLrightLtoLexcludeLothersLfromLresourcesLthatLareLacquiredLlegally



PropertyLandLProsperityL-LANSWERLPromotesLincentives,LestablishesLcapitalLformation,LeasilyLdivisible



capitalLformationL-LANSWERLqualityLofLresourcesLthatLproducesLnewLorLdifferentLresources



divisionsLofLpropertyL-LANSWERLrealLandLpersonal



RealLPropertyL-LANSWERLownershipLofLlandLandLmineralLrights



PersonalLPropertyL-LANSWERLmovableLresources,LtangibleLandLintangible



airLrightsL-LANSWERLTheLrightLtoLuseLtheLopenLspaceLaboveLaLproperty



SubsurfaceLRightsL-LANSWERLtheLrightsLtoLtheLnaturalLresourcesLbelowLtheLearth'sLsurface



fixturesLonLlandL-
LANSWERLObjectLofLpersonalLpropertyLthatLisLsoLessential/annexedLtoLtheLlandLthatLitLbecomesLpartLofLtheLl

andL(clearedLupLinLcontracts)



CoastalLOilL&LGasLvLGarzaLEnergyL-
LANSWERLcoastalLleasesLshareL13LandLoutLaLfrackingLwellLandLpayLaLroyaltyLfee,LmovedLtoLaLlotLnextLtoLshare

L13LandLbeganLtappingLtheLsameLnaturalLgas,LstopsLpayingLroyaltyLfeeLandLgetsLtheLsameLgas.LsinceLthereLwa

sLnoLinjuryLtoLland,LnoLproblem



FeeLSimpleLAbsoluteL-LANSWERLnoLlimitationsLorLconditionsLattachedLtoLsellLofLland

,FeeLSimpleLDefeasibleL-
LANSWERLmayLhaveLaLconditionLattachedLtoLitsLtransferL(landLonlyLcanLbeLusedLforLaLcertainLpurpose)




lifeLestateL-LANSWERLOwnershipLofLlandLforLtheLdurationLofLaLperson'sLlife



LeaseholdLEstateL-
LANSWERLAnLestateLthatLgivesLtheLholderL(Tenant)LaLtemporaryLrightLtoLpossession,LwithoutLtitle.




ConcurrentLOwnershipL-LANSWERLOwnershipLbyLtwoLorLmoreLpersonsLatLtheLsameLtime



JointLTenancyL-
LANSWERLequalLownershipLshares.LwithLrightLofLsurvivorship,LafterLoneLownerLdies,LtheLotherLbecomesLsol

eLownerLofLtheLresource



TenancyLinLCommonL-LANSWERLtenantsLcanLownLdifferentLsharesLofLtheLresource



EasementL-LANSWERLaLrightLtoLcrossLorLotherwiseLuseLsomeoneLelse'sLlandLforLaLspecifiedLpurpose.



EasementLbyLReservationL-LANSWERLnegotiatingLandLbuyingLabilityLtoLcrossLland



NaturalLEasementL-LANSWERLeasementLbyLnecessityLtoLgetLfromLtheirLlandLtoLtheLnearestLpublicLroad



NegativeLEasementL-
LANSWERLanLadjoiningLlandownerLcannotLdoLanythingLthatLwouldLcauseLyourLlandLtoLcaveLinLorLcollapse




EasementLbyLPrescriptionL-
LANSWERLwhenLoneLpersonLhasLusedLtheLland,LcontinuouslyLandLwrongfully,LforLaLperiodLofLyears,LtheLtitle

holderLofLtheLlandLcanLnoLlongerLpreventLaLpersonLfromLusingLtheLlandLbyLcrossingLit



UtilityLEasementL-
LANSWERLaLlandLdefinitionLthatLgrantsLcertainLutilityLcompaniesLorLotherLentitiesLtheLrightLtoLuseLlandLforLaL

specificLpurpose

, BailmentsL-
LANSWERLgoodsLplacedLintoLanother'sLpossessionLtoLbeLreturnedLinLtheLfutureL(muchLlikeLaLlease)




RuleLofLFirstLPossessionL-
LANSWERLtheLfirstLpersonLtoLreduceLpreviouslyLunownedLthingsLtoLpossessionLbecomesLtheirLowner




AdverseLPossessionL-
LANSWERLwhenLtheLlandLofLanotherLprivateLpersonLisLadverselyLandLexclusivelyLpossessedLinLanLopenLandLn

otoriousLway



DukeLEnergyLCarolinasLvLGrayL-
LANSWERLremovalLofLtheLencroachmentLisLaLrecoveryLofLrealLpropertyLlyingLoutsideLtheLscopeLofLsectionL1-

50(a)(3);LandL(2)Ltherefore,LthisLactionLfellLwithinLtheLtwenty-yearLstatuteLofLlimitations



PossessionLthroughLConfusionL-
LANSWERLwhenLidenticalLgoodsLareLmixedLtogetherLbyLhonestLmistake,LseparateLbyLreturningLproportionalL

share



PossessionLbyLAccessionL-
LANSWERLsomethingLthatLisLaddedL(accidentallyLpickingLupLsomeone'sLengineLandLbuildingLaLcarLaroundLit)




PossessionLbyLGiftL-LANSWERLdonorLgivesLtoLdoneeLbothLwithLintentionLandLdelivery



TitleL-
LANSWERLOwnershipLrepresentedLbyLaLphysicalLdocumentLregisteredLwithLtheLstateLforLcertainLresources




DeedL-LANSWERLALdocumentLthatLtransfersLownershipLofLpropertyLfromLoneLpartyLtoLanother.



WarrantyLDeedL-
LANSWERLpromisesLtheLgranteeL(buyer)LthatLtheLgrantorL(seller)LhasLgoodLownershipLandLfullLpowerLtoLcon

veyLit