QUESTIONS WITH SOLUTIONS GRADED A+
✔✔a ______ fixture can be affixed to real property without becoming legal part of the
✔✔Which of the following forms of ownership are available only to married couples?
A. tenancy by the entireties
B. community property
C. both tenancy by the entireties and community property
D. neither tenancy by the entireties not community property - ✔✔C
✔✔If one owner in a joint tenancy sells his interest, the purchaser will be a joint tenant
as well. T/F? - ✔✔False. the purchaser of a joint tenant's interest will become a tenant-
in-common with the remaining joint owners
✔✔A mother left her house in her will to her two children. Each child to receive a 50%
interest with rights of survivorship. What type of ownership will the children have? -
✔✔joint tenants
✔✔Fee simple title can be held in a trust. T/F? - ✔✔True
✔✔a corporation buying real property would take title under:
A. joint tenancy
B. tenancy in common
C. tenancy in partnership
D. tenancy in severalty - ✔✔D
✔✔A tenancy by the entireties will be severed by divorce. T/F? - ✔✔True
✔✔The owner of an undivided interest in land with no right of survivorship owns it as a
A. tenant-in-common
B. joint tenant
C. tenant in severalty
D. either tenancy-in-common or tenancy in severalty - ✔✔D
✔✔Several persons hold property as tenants in common. One of the owners dies. His
interest in the property will:
A. pass to his heirs
B. pass to this remainderman
C. Be equally divided among the other owners
D. Be divided between the other owners in direct proportion to their ownership interest -
✔✔A
✔✔The unities of time, title, interest and possession are required in order to create:
A. an undivided interest in the property as a whole
,B. separate ownership
C. concurrent ownership
D. the right of survivorship - ✔✔D
✔✔Three people bought a property together as joint tenants. Two of them have died.
The surviving owner now owns the property:
A. as sole joint tenant
B. together with the heirs of the deceased owners
C. in tenancy by the entireties
D. as tenant in severalty - ✔✔D
✔✔Two unrelated persons own a property together. These owners could will their
ownership share to their heirs if title was held in:
A. Joint tenancy only
B. Tenancy in common only
C. Both joint tenancy and tenancy in common
D. Neither joint tenancy nor tenancy in common - ✔✔B
✔✔It is possible for the creator of the trust, the truster, and the beneficiary to be the
same person. T/F? - ✔✔True
✔✔Jones, Smith, and Williams own a property as joint tenants. Which of the following is
true?
A. If Jones dies, Smith and Williams will own property as tenants by the entireties.
B. If Jones dies, Smith and Williams will own the property as tenants in common.
C. If Jones and Smith die, Williams will own the property in severalty.
D. If any one of the owners die, the property goes to the heirs of the deceased owner -
✔✔C
✔✔What is the most common form of ownership between two or more individuals?
A. Joint tenancy
B. Tenancy in common
C. Community property
D. Tenancy by the entireties - ✔✔B
✔✔Bob, Carol, Ted and Alice bought a property as joint tenants many years ago. Alice
is now the sole survivor of this group. How does Alice own this property?
A. As sole joint tenant
B. As a tenant in common
C. In severalty
D. As a devisee - ✔✔C
✔✔Francoise is awarded a judgment lien against Gerald. Gerald's only asset is his real
property worth approximately $20,000. This property already has a tax lien, a mortgage
, lien and a recorded mechanic's lien. If the property is sold at a foreclosure or trustee's
sale, Francoise can expect to collect on the judgment lien, before which of the
following?
A. The mortgage
B. tax lien
c. mechanic's lien
d. none of above - ✔✔D
✔✔A landscaper has not been paid for landscaping a homeowner's yard. A friend tells
him the house is for sale. What should the landscaper do?
A. Sue the listing agent
B. File an injunction
C. File for a mechanic's lien
D. Write a letter to the owners demanding immediate payment - ✔✔C
✔✔An easement appurtenant can be terminated by all of the following EXCEPT
A. the owner of the servient tenement, by executing a deed releasing his easement
interest
B. the owner of the dominant tenement, by executing a deed releasing his easement
interest
C. The dominant and servient tenements are merged
D. The owner of the dominant tenement abandons his easement interest - ✔✔A
✔✔Jones buys a lot that has no access by way of a public road. He can gain access to
his land by way of his neighbor's land that has public road access
A. only if the grantor of the property caused the lot to be landlocked
B. only if his neighbor agrees to give him an easement
C. only by establishing an easement by prescription
D. Either if the grantor of the property caused the lot to be landlocked or if his neighbor
agrees to give him an easement - ✔✔D
✔✔All of the following are encumbrances on real property EXCEPT:
A. easements
B. liens
C. deed restrictions
D. a license - ✔✔D
✔✔Which of the following statements about liens is ALWAYS true?
A. a lien is an encumbrance on title
B. a lien arises from a debt
C. a lien creates a cloud on title when recorded
D. All of these choices - ✔✔D
✔✔Jerry Jones buys a piece of land that has no access to a public road. He can access
his land: