BUL 3130 QUIZ #2 QUESTIONS AND ANSWERS 100%
CORRECT.
Yellowstone national park is what type of property? Answer - Public Land
What is an easement? Answer - This is a non-possessory interest in land
involving a right of use.
1.) Easement Appurtenant - Directly benefits the use and enjoyment of a
specific piece of land. "Runs with the land"
2.) Easement in Gross - Exists when there is no dominant estate. Confers the
benefit of use to a specific individual.
What is real property? Answer - land and anything attached to it
What is a fixture? Answer - An item of personal property that has been
converted to real property
What is a bailment? Answer - Transfer of possession of personal property from
one person to another with understanding that property will be returned
What are the elements needed to prove adverse possession? Answer - Actual
possession, open and notorious, hostile, continuous, exclusive, and state
statutory length of time must be met
CORRECT.
Yellowstone national park is what type of property? Answer - Public Land
What is an easement? Answer - This is a non-possessory interest in land
involving a right of use.
1.) Easement Appurtenant - Directly benefits the use and enjoyment of a
specific piece of land. "Runs with the land"
2.) Easement in Gross - Exists when there is no dominant estate. Confers the
benefit of use to a specific individual.
What is real property? Answer - land and anything attached to it
What is a fixture? Answer - An item of personal property that has been
converted to real property
What is a bailment? Answer - Transfer of possession of personal property from
one person to another with understanding that property will be returned
What are the elements needed to prove adverse possession? Answer - Actual
possession, open and notorious, hostile, continuous, exclusive, and state
statutory length of time must be met
