Real Estate Law (Exam 1) questions
and answers 2025\2026 A+ Grade
Law
- correct answer basis of the law is human conflict
real property
- correct answer tangible assets
Because of drought, a stream provides sufficient water for only half of the regular uses. What are the
differences in the rights of riparian owners to whom prior appropriation applies as opposed to owners
to whom the doctrine of correlative rights applies?
- correct answer riparian rights: the rights of an owner of land that touches a water course to use the
water
prior appropriation: a water rights doctrine that confers the primary rights to the first users of water
During a heavy rainstorm, a stream changed its course and left about 100 square feet of your former
land on the opposite side of the stream. What could you do?
- correct answer use the prior appropriation theory to establish priority rights
Do you think mobile homes should be considered as real estate for tax purposes?
- correct answer No, mobile homes are not real property therefore cannot be taxed.
L owned 2 adjoining lots. He constructed a driveway on the boundary line between the lots. L then sold
one of the lots to T. Ten years later L asked T to share in the cost of providing new surface for the
driveway. T refused. L then sued T, asking the court for an order stopping T from using the driveway,
inasmuch as it involved a trespass on L's portion of the lot occupied by the driveway. What was the
decision? Explain.
- correct answer
, L,T, and Z owned land in joint tenancy with right of survivorship. L wanted to sell the land but T and Z
refused to join in any conveyance. L executed and delivered a deed to the land to Y. Y died, leaving a will
in which he devised all his real estate to his son, S. What legal interests, if any, do L,T,Z and S have in the
land? Explain.
- correct answer
L and T, a married couple, lived in a community property state. During their marriage, L inherited a farm
from his grandfather that was valued at $500,000. Shortly thereafter, T received a lifetime gift of two
thousand shares of general motors stock from her father. L and T each claim community property
interests in the property acquired by the other. Are their claims valid? Explain. Would it matter if they
lived in Virginia?
- correct answer
Determine and explain the estate or estates existing after the following conveyances:
1) To A for Life.
2) To A for life of B.
3) To A for life, and after A's death to A's children.
4) to A in fee simple on the condition that liquor is never sold on the land.
- correct answer 1) Fee simple absolute
2) fee simple defeasible
3) fee tail
4) fee simple determinable
On January 1, 1993, S sold and delivered to B a properly executed deed to a parcel of land. B paid a
purchase price of $35,000. It was later discovered by both S and B that the land had a market value of
$75,000 at the time of the sale to B. S sued to void the sale and deed on the grounds that she did not
receive adequate consideration. Is she correct? Explain.
- correct answer
T wanted to make a gift of a farm to each of her three sons. She properly executed three deeds
conveying a parcel of farmland to each son. The deeds contained a proper attestation and
acknowledgment. T placed the deeds in her safety deposit box and told her sons what she had done.
She died, leaving a will disposing of all her property to her daughter. The sons and the daughter each
and answers 2025\2026 A+ Grade
Law
- correct answer basis of the law is human conflict
real property
- correct answer tangible assets
Because of drought, a stream provides sufficient water for only half of the regular uses. What are the
differences in the rights of riparian owners to whom prior appropriation applies as opposed to owners
to whom the doctrine of correlative rights applies?
- correct answer riparian rights: the rights of an owner of land that touches a water course to use the
water
prior appropriation: a water rights doctrine that confers the primary rights to the first users of water
During a heavy rainstorm, a stream changed its course and left about 100 square feet of your former
land on the opposite side of the stream. What could you do?
- correct answer use the prior appropriation theory to establish priority rights
Do you think mobile homes should be considered as real estate for tax purposes?
- correct answer No, mobile homes are not real property therefore cannot be taxed.
L owned 2 adjoining lots. He constructed a driveway on the boundary line between the lots. L then sold
one of the lots to T. Ten years later L asked T to share in the cost of providing new surface for the
driveway. T refused. L then sued T, asking the court for an order stopping T from using the driveway,
inasmuch as it involved a trespass on L's portion of the lot occupied by the driveway. What was the
decision? Explain.
- correct answer
, L,T, and Z owned land in joint tenancy with right of survivorship. L wanted to sell the land but T and Z
refused to join in any conveyance. L executed and delivered a deed to the land to Y. Y died, leaving a will
in which he devised all his real estate to his son, S. What legal interests, if any, do L,T,Z and S have in the
land? Explain.
- correct answer
L and T, a married couple, lived in a community property state. During their marriage, L inherited a farm
from his grandfather that was valued at $500,000. Shortly thereafter, T received a lifetime gift of two
thousand shares of general motors stock from her father. L and T each claim community property
interests in the property acquired by the other. Are their claims valid? Explain. Would it matter if they
lived in Virginia?
- correct answer
Determine and explain the estate or estates existing after the following conveyances:
1) To A for Life.
2) To A for life of B.
3) To A for life, and after A's death to A's children.
4) to A in fee simple on the condition that liquor is never sold on the land.
- correct answer 1) Fee simple absolute
2) fee simple defeasible
3) fee tail
4) fee simple determinable
On January 1, 1993, S sold and delivered to B a properly executed deed to a parcel of land. B paid a
purchase price of $35,000. It was later discovered by both S and B that the land had a market value of
$75,000 at the time of the sale to B. S sued to void the sale and deed on the grounds that she did not
receive adequate consideration. Is she correct? Explain.
- correct answer
T wanted to make a gift of a farm to each of her three sons. She properly executed three deeds
conveying a parcel of farmland to each son. The deeds contained a proper attestation and
acknowledgment. T placed the deeds in her safety deposit box and told her sons what she had done.
She died, leaving a will disposing of all her property to her daughter. The sons and the daughter each
