100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Practical Real Estate Law 8th Edition Hinkel Test Bank

Rating
-
Sold
-
Pages
11
Grade
A
Uploaded on
05-02-2025
Written in
2024/2025

Practical Real Estate Law 8th Edition Hinkel Test Bank










Whoops! We can’t load your doc right now. Try again or contact support.

Document information

Uploaded on
February 5, 2025
Number of pages
11
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

Name: Class: Date:

Chapter 1_Introduction to the Law of Real Property
1. The law of real property in general is governed by the law of the state in which the owner of the real property resides.
a. True
b. False


2. The law of real property in general is governed by the law of the state where the real property is located.
a. True
b. False


3. An owner of real property usually owns all of the minerals beneath the surface of the land.
a. True
b. False


4. An owner of real property generally does not own the airspace above the surface of the land.
a. True
b. False


5. A fixture is classified as personal property.
a. True
b. False


6. A fixture is classified as real property.
a. True
b. False


7. Occupancy of land by someone without the permission of the owner is a trespass.
a. True
b. False


8. Since the law does not favor the free right to transfer ownership, the law will approve almost any restraint on an
owner’s right to transfer ownership of property.
a. True
b. False


9. An estate for years is the highest and best kind of estate in real property an owner can own.
a. True
b. False


10. A fee simple absolute estate has a potential infinite duration and unrestricted inheritability.
a. True
b. False
1
© 2021 Cengage Learning, Inc. May not be scanned copied or duplicated or posted to a publicly accessible website in whole or in part.

, Name: Class: Date:

Chapter 1_Introduction to the Law of Real Property



11. A fee simple on condition subsequent estate automatically expires on the happening or non - happening of the event
stated in the deed of conveyance or the will creating the estate.
a. True
b. False


12. A life estate must always be for the life of the owner.
a. True
b. False


13. A life estate may be for the life of a person other than the owner.
a. True
b. False


14. If the owner of a life estate commits waste, the life estate will terminate even though the owner is alive.
a. True
b. False


15. A life estate owner must share the income generated from the life estate with the owner of the remainder interest.
a. True
b. False


16. Life estates are transferable during the lifetime of the owner.
a. True
b. False


17. Life estates are not transferable during the lifetime of the owner.
a. True
b. False


18. An estate limited in its duration to a fixed period of time is known as a life estate.
a. True
b. False


19. At common law, an estate at will could be automatically terminated.
a. True
b. False


20. A promise to make a gift is generally not revocable.

2
© 2021 Cengage Learning, Inc. May not be scanned copied or duplicated or posted to a publicly accessible website in whole or in part.
$15.49
Get access to the full document:

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Get to know the seller
Seller avatar
clinton95

Get to know the seller

Seller avatar
clinton95 American International College
View profile
Follow You need to be logged in order to follow users or courses
Sold
0
Member since
1 year
Number of followers
0
Documents
16
Last sold
-

0.0

0 reviews

5
0
4
0
3
0
2
0
1
0

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions