Module 3 Final Exam - Real Estate Law
Comprehensive Questions (Frequently
Tested) with Verified Answers Graded A+
In the Rectangular Survey System, a range is the area in between - Answer: Two consecutive
meridians.
The "vertical" area between consecutive meridians is called a range. A range is identified by its
relationship to the principal meridian.
In the Rectangular Survey System, a tier is defined by - Answer: Two consecutive parallels.
The "horizontal" area between two parallels is called a tier, or a township strip. A tier is
identified by its relationship to the base parallel. All tiers are six miles wide.
What is the difference between a variance and a nonconforming use? - Answer: A variance is
granted by the zoning board if the owner has a justifiable reason.
A quiet title action is - Answer: a court action to remove a cloud on the title.
With an easement appurtenant, the servient tenement
1.is burdened by the easement.
2.can terminate the easement if the easement causes the owner great inconvenience. - Answer:
A only
The servient tenement is the party granting the benefit or suffering the burden. The servient
tenement CANNOT terminate the easement because of inconvenience
, A property owner has an easement appurtenant on her property. One day the property is sold
to another party who is opposed to the easement. Following the closing, this particular form of
easement - Answer: Transfers with the property
A special assessment becomes a lien on real property - Answer: at the time the amount is
determined and fixed
Statewide land use planning in Oregon is administered by - Answer: the Land Conservation and
Development Commission
What is the primary purpose of a building permit? - Answer: It serves as evidence of
compliance with municipal rules
A condominium owner's share of maintenance and operations expenses are based on - Answer:
The unit's pro rata share of the property value as defined in the declaration
The greatest estate possible in real property is called - Answer: a fee simple estate
Which would cause a deed to be invalid in its inception? - Answer: Legal incompetence of the
grantor
A town is replacing a sidewalk that serves five homes. The length of the sidewalk is 200 feet.
Mary's property has 38 feet of front footage. If the cost of the project to be paid by a special
assessment is $30,000, what will Mary's assessment be? - Answer: $5,700.
Recording a document - Answer: gives constructive notice and establishes priority for most
liens
Comprehensive Questions (Frequently
Tested) with Verified Answers Graded A+
In the Rectangular Survey System, a range is the area in between - Answer: Two consecutive
meridians.
The "vertical" area between consecutive meridians is called a range. A range is identified by its
relationship to the principal meridian.
In the Rectangular Survey System, a tier is defined by - Answer: Two consecutive parallels.
The "horizontal" area between two parallels is called a tier, or a township strip. A tier is
identified by its relationship to the base parallel. All tiers are six miles wide.
What is the difference between a variance and a nonconforming use? - Answer: A variance is
granted by the zoning board if the owner has a justifiable reason.
A quiet title action is - Answer: a court action to remove a cloud on the title.
With an easement appurtenant, the servient tenement
1.is burdened by the easement.
2.can terminate the easement if the easement causes the owner great inconvenience. - Answer:
A only
The servient tenement is the party granting the benefit or suffering the burden. The servient
tenement CANNOT terminate the easement because of inconvenience
, A property owner has an easement appurtenant on her property. One day the property is sold
to another party who is opposed to the easement. Following the closing, this particular form of
easement - Answer: Transfers with the property
A special assessment becomes a lien on real property - Answer: at the time the amount is
determined and fixed
Statewide land use planning in Oregon is administered by - Answer: the Land Conservation and
Development Commission
What is the primary purpose of a building permit? - Answer: It serves as evidence of
compliance with municipal rules
A condominium owner's share of maintenance and operations expenses are based on - Answer:
The unit's pro rata share of the property value as defined in the declaration
The greatest estate possible in real property is called - Answer: a fee simple estate
Which would cause a deed to be invalid in its inception? - Answer: Legal incompetence of the
grantor
A town is replacing a sidewalk that serves five homes. The length of the sidewalk is 200 feet.
Mary's property has 38 feet of front footage. If the cost of the project to be paid by a special
assessment is $30,000, what will Mary's assessment be? - Answer: $5,700.
Recording a document - Answer: gives constructive notice and establishes priority for most
liens
