Legal Aspects of Real Estate Final easy2pass
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Under the common law, legal disputes were decided ________before a judge - CORRECT
ANSWER - On a case by case basis
Is the right of the government to take private property for public use. - CORRECT
ANSWER - Eminent domain
The use of property includes the right to: - CORRECT ANSWER - Occupy, sell, dispute,
encumber
Determines the physical location of the court which has jurisdiction and is the correct forum to
hear the matter - CORRECT ANSWER - Venue
The rules of law developed by judges are called: - CORRECT ANSWER - Common law
Court citation- wellenkamp v. Bank of America (1978) 21 C3d 943- what does C indicate -
CORRECT ANSWER - Court giving the ruling
Federal government has the right to regulate all commercial enterprises which affect: -
CORRECT ANSWER - Interstate commerce
Oil and gas are referred to as being _____ since they are transitory - CORRECT
ANSWER - Fugacious matter
Fixtures which are used to render services or make products for the trade or business of a tenant
are called: - CORRECT ANSWER - Trade fixtures
, Estate at will terminate_________subject to proper advance notice - CORRECT
ANSWER - At the discretion of the fee owner
Are not real estate but they give the holder of the rights a limited and non exclusive of someone
else's property - CORRECT ANSWER - Licenses
Are recorded against tittle to a property and limit an owners right to use his property. -
CORRECT ANSWER - Encumbrance
Examples of improvements which become part of the real estate include: - CORRECT
ANSWER - Central air, walls, flooring
Is the result of an agreement between a landlord and the tenant for a fixed time period, typically
called a lease. - CORRECT ANSWER - Fixed term tenancy
Like an easement and a lease, is to grant the right to use property owned by another person -
CORRECT ANSWER - License
Holders of rights to withdraw surface water are said to have: - CORRECT ANSWER -
Riparian Rights
The right to use riparian water is an _______right which is attached to and transferred with the
ownership of real estate - CORRECT ANSWER - Appurtenant
Acts as a dispute over water rights. - CORRECT ANSWER - State water resources control
board
The management powers the state possesses to regulate and control the use of properties owned
or subject trust include the right to: - CORRECT ANSWER - Destroy the navigability of
certain waters for the benefits of others
UPDATED ACTUAL Exam Questions and
CORRECT Answers
Under the common law, legal disputes were decided ________before a judge - CORRECT
ANSWER - On a case by case basis
Is the right of the government to take private property for public use. - CORRECT
ANSWER - Eminent domain
The use of property includes the right to: - CORRECT ANSWER - Occupy, sell, dispute,
encumber
Determines the physical location of the court which has jurisdiction and is the correct forum to
hear the matter - CORRECT ANSWER - Venue
The rules of law developed by judges are called: - CORRECT ANSWER - Common law
Court citation- wellenkamp v. Bank of America (1978) 21 C3d 943- what does C indicate -
CORRECT ANSWER - Court giving the ruling
Federal government has the right to regulate all commercial enterprises which affect: -
CORRECT ANSWER - Interstate commerce
Oil and gas are referred to as being _____ since they are transitory - CORRECT
ANSWER - Fugacious matter
Fixtures which are used to render services or make products for the trade or business of a tenant
are called: - CORRECT ANSWER - Trade fixtures
, Estate at will terminate_________subject to proper advance notice - CORRECT
ANSWER - At the discretion of the fee owner
Are not real estate but they give the holder of the rights a limited and non exclusive of someone
else's property - CORRECT ANSWER - Licenses
Are recorded against tittle to a property and limit an owners right to use his property. -
CORRECT ANSWER - Encumbrance
Examples of improvements which become part of the real estate include: - CORRECT
ANSWER - Central air, walls, flooring
Is the result of an agreement between a landlord and the tenant for a fixed time period, typically
called a lease. - CORRECT ANSWER - Fixed term tenancy
Like an easement and a lease, is to grant the right to use property owned by another person -
CORRECT ANSWER - License
Holders of rights to withdraw surface water are said to have: - CORRECT ANSWER -
Riparian Rights
The right to use riparian water is an _______right which is attached to and transferred with the
ownership of real estate - CORRECT ANSWER - Appurtenant
Acts as a dispute over water rights. - CORRECT ANSWER - State water resources control
board
The management powers the state possesses to regulate and control the use of properties owned
or subject trust include the right to: - CORRECT ANSWER - Destroy the navigability of
certain waters for the benefits of others
