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.
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.