AGEC 3713 EXAM 2 QUESTIONS WITH
CORRECT ANSWERS
1) Hedley Lamar (that's Hedley, not Hettie) is trying to build a railroad through the town
of Rock Ridge. He doesn't want to buy all the property for the train's route, but just
wants the right for his track to go over other people's property. He negotiates a deal
with Howard Johnson (Rock Ridge city manager) that gives Lamar a written grant of a
limited interest in the City's property for the purpose of building and maintaining a right
of way for the railroad that would last - theoretically - forever. What kind of interest did
Lamar get? - ANSWER a. Affirmative Easement
2) Knowing that Thanksgiving is just around the corner, you decide to start a new food
truck business selling your famous sausage-centered fried stuffing balls. You want to
start selling right away, so you negotiate an agreement with the Aluminum Monk
brewery that allows you park in their lot every day from 11:00 AM to 8:00 PM, but is
revocable any time at their discretion. What interest in in land have you acquired? -
ANSWER a. License
3) Stark Industries negotiates with the Royal Sovereignty of Wakanda to form an
agreement wherein Stark Industries can enter some of the Sovereignty's
nationally-owned lands to mine virbranium from those lands. The agreement provides
that Stark Industries can do nothing else on the property other than activities
reasonably necessary for the mining. What interest in land has Stark Industries
acquired? - ANSWER a. Profit
4) Clem has been lawfully farming on a parcel of land for decades. Now, though, the
town has annexed an area that includes his farm and zoned it residential. Assuming that
agricultural uses are not compatible with residential uses under the town's zoning
ordinance, can the town immediately force Clem to quit using his land for agricultural
purposes? - ANSWER a. No
5)a. Whatever the grantor has to give in the subject property Ferrell blathered on and on
about elements of a land sale contract that absolutely must be included. Which of the
following are included in his Top Four? - ANSWER a. A clear description of the parties
b. The purchase price and how it is to be paid
c. A complete and accurate legal description
d. Signature of the parties
6) If someone gives you a "quitclaim deed," what exactly are they giving you? - ANSWER
a. Whatever the grantor has to give in the subject property
, 7) What is the most common circumstance in which someone will issue a quitclaim
deed? - ANSWER a. To clean up title issues
8 Ferrell said there were certain basic rules that applied to legal descriptions in the
PLLS or rectangular coordinate system. Which of the following is true regarding these
rules? - ANSWER a. Baselines run east to west and principal meridians run north to
south
b. Lines parallel to these baselines and principal meridians are laid out every 6 miles
9) Based on the principles we discussed in class, which of the following would be an
appropriate legal description of the shaded "L-shaped" parcel below, assuming we are
looking at Section 15 in Township 3 North, Range 5 West, based on the Indian Meridian?
- ANSWER a. NE ¼ of the SW ¼ and the S ½ of the SW ¼
10) Now try this one on for size. The outer square represents Section 15 in Township 3
North, Range 5 West, based on the Indian Meridian. All of the diagonal lines are
3,733.524 feet long. - ANSWER Square with Diamond
11) You notice the end of a legal description ends with the letters "C.M." What do you
automatically know about the property? Here's an Oklahoma map if it would help (and
I'm not saying it will...): - ANSWER a. C.M. is the Cimarron meridian, panhandle
12) Phonopoly Telecom, Inc. bought a TrenchTroll horizontal boring machine. Using the
TrenchTroll, they were able to place a fiber optic cable six inches beneath the corner of
your field, but they never set foot on the surface of your property. You commonly
cultivate your crops at a depth of eight inches. Is Phonopoly guilty of trespass? -
ANSWER a. Yes
13) I'm out hunting for feral hogs (that's feral, not Ferrell), and while I'm out following my
prey, I fail to realize I have crossed my property line and wound up on your property.
Part of the border between our two properties is unfenced, and I didn't have any good
visual way to know when I had crossed the property line. Have I committed trespass
against your property? - ANSWER a. Yes, do not have to know where property line is
14) Hot Air Industries, Ltd. ("HAIL") is a wind energy developer. HAIL enters a lease with
Farmer Bob's neighbor Ted to place wind energy turbines on Ted's property. One day,
Bob walks out of his house and exclaims "Aw, HAIL!" as he notices the company has
placed a turbine right next to his property line with Ted. The base of the turbines is
obviously on Ted's property, but because the blades of the turbine are so long, they will
sometimes cross over the property line. Which of the following is TRUE regarding the
situation? - ANSWER a. Trespass has been committed
15) You and I are working out over at the Colvin Center, each cranking out the tunes on
our iPhones, which happen to look exactly alike. After my intense five-minute cardio
workout, I pick one up and go home. Flipping through the playlist later that night, I say
"Hey, where's my Skrillex? And why are there so many Luke Bryan songs on here?" -
and then I realize I have your iPhone by mistake. If I bring the iPhone back to you the
CORRECT ANSWERS
1) Hedley Lamar (that's Hedley, not Hettie) is trying to build a railroad through the town
of Rock Ridge. He doesn't want to buy all the property for the train's route, but just
wants the right for his track to go over other people's property. He negotiates a deal
with Howard Johnson (Rock Ridge city manager) that gives Lamar a written grant of a
limited interest in the City's property for the purpose of building and maintaining a right
of way for the railroad that would last - theoretically - forever. What kind of interest did
Lamar get? - ANSWER a. Affirmative Easement
2) Knowing that Thanksgiving is just around the corner, you decide to start a new food
truck business selling your famous sausage-centered fried stuffing balls. You want to
start selling right away, so you negotiate an agreement with the Aluminum Monk
brewery that allows you park in their lot every day from 11:00 AM to 8:00 PM, but is
revocable any time at their discretion. What interest in in land have you acquired? -
ANSWER a. License
3) Stark Industries negotiates with the Royal Sovereignty of Wakanda to form an
agreement wherein Stark Industries can enter some of the Sovereignty's
nationally-owned lands to mine virbranium from those lands. The agreement provides
that Stark Industries can do nothing else on the property other than activities
reasonably necessary for the mining. What interest in land has Stark Industries
acquired? - ANSWER a. Profit
4) Clem has been lawfully farming on a parcel of land for decades. Now, though, the
town has annexed an area that includes his farm and zoned it residential. Assuming that
agricultural uses are not compatible with residential uses under the town's zoning
ordinance, can the town immediately force Clem to quit using his land for agricultural
purposes? - ANSWER a. No
5)a. Whatever the grantor has to give in the subject property Ferrell blathered on and on
about elements of a land sale contract that absolutely must be included. Which of the
following are included in his Top Four? - ANSWER a. A clear description of the parties
b. The purchase price and how it is to be paid
c. A complete and accurate legal description
d. Signature of the parties
6) If someone gives you a "quitclaim deed," what exactly are they giving you? - ANSWER
a. Whatever the grantor has to give in the subject property
, 7) What is the most common circumstance in which someone will issue a quitclaim
deed? - ANSWER a. To clean up title issues
8 Ferrell said there were certain basic rules that applied to legal descriptions in the
PLLS or rectangular coordinate system. Which of the following is true regarding these
rules? - ANSWER a. Baselines run east to west and principal meridians run north to
south
b. Lines parallel to these baselines and principal meridians are laid out every 6 miles
9) Based on the principles we discussed in class, which of the following would be an
appropriate legal description of the shaded "L-shaped" parcel below, assuming we are
looking at Section 15 in Township 3 North, Range 5 West, based on the Indian Meridian?
- ANSWER a. NE ¼ of the SW ¼ and the S ½ of the SW ¼
10) Now try this one on for size. The outer square represents Section 15 in Township 3
North, Range 5 West, based on the Indian Meridian. All of the diagonal lines are
3,733.524 feet long. - ANSWER Square with Diamond
11) You notice the end of a legal description ends with the letters "C.M." What do you
automatically know about the property? Here's an Oklahoma map if it would help (and
I'm not saying it will...): - ANSWER a. C.M. is the Cimarron meridian, panhandle
12) Phonopoly Telecom, Inc. bought a TrenchTroll horizontal boring machine. Using the
TrenchTroll, they were able to place a fiber optic cable six inches beneath the corner of
your field, but they never set foot on the surface of your property. You commonly
cultivate your crops at a depth of eight inches. Is Phonopoly guilty of trespass? -
ANSWER a. Yes
13) I'm out hunting for feral hogs (that's feral, not Ferrell), and while I'm out following my
prey, I fail to realize I have crossed my property line and wound up on your property.
Part of the border between our two properties is unfenced, and I didn't have any good
visual way to know when I had crossed the property line. Have I committed trespass
against your property? - ANSWER a. Yes, do not have to know where property line is
14) Hot Air Industries, Ltd. ("HAIL") is a wind energy developer. HAIL enters a lease with
Farmer Bob's neighbor Ted to place wind energy turbines on Ted's property. One day,
Bob walks out of his house and exclaims "Aw, HAIL!" as he notices the company has
placed a turbine right next to his property line with Ted. The base of the turbines is
obviously on Ted's property, but because the blades of the turbine are so long, they will
sometimes cross over the property line. Which of the following is TRUE regarding the
situation? - ANSWER a. Trespass has been committed
15) You and I are working out over at the Colvin Center, each cranking out the tunes on
our iPhones, which happen to look exactly alike. After my intense five-minute cardio
workout, I pick one up and go home. Flipping through the playlist later that night, I say
"Hey, where's my Skrillex? And why are there so many Luke Bryan songs on here?" -
and then I realize I have your iPhone by mistake. If I bring the iPhone back to you the
