& Champions National Exam Prep) Actual Q&A.
Terms in this set (156)
A property owner has b) improvements
decided to do some
landscaping work on his yard.
he has planted a tree
surrounded by some
flowering shrubs. The tree
and shrubs are an example
of:
a) encroachments
b) improvements
c) surface rights
d) emblements
a) riparian
A property owner has a
waterfront lot on a stream.
He has the right to use the
water from the stream. What
is this right called? a) riparian
b) littoral
c) appropriative
d) appropriation
,A commercial tenant is c) the tenant can take these as they are trade fixtures
aware that his lease will
expire at the end of the
month. He has begun to
disassemble his display
cabinets and shelves.
Which of the following
statements about this is
true?
A) he cannot take them
without first obtaining
written permission from
the landlord.
b) if the landlord
wantsthem, he can pay the
tenant and the tenant must
leave them
c) The tenant can
takethese as they are trade
fixtures
d) he must disclose to
thelandlord that he plans to
take them
,A seller is attending the c) plumbing work that was completed but never paid for
closing on his property. The
title company has discovered
an unsatisfied M&M lien on
the property. Which of the
following is the most likely
reason for the lien?
a) a workman on the
property left tools behind b)
unpaid personal property
taxes
c) plumbing work that
wascompleted but never
paid for
d) a judgment
A listing agent went to b) encroachment
inspect a seller's property
hoping to list it for sale. The
seller told the listing agent
that his neighbor's satellite
dish trespasses on his
property. This is an example
of:
a) annexation
b) encroachment
c) appurtenance
d) license
, A father gives his son a life c) it goes back to the son until he dies
estate on a property. The son
leases the property. The
tenant dies. What happens to
the property? a) it reverts to
the father
b) it goes to the
remainderman
c) it goes back to the
sonuntil he dies
d) it goes to the son's
heirs
A man leaves his second a) are remaindermen
wife a life estate in their
home after which the
property goes to his
children from his first
marriage. The children: a)
are remaindermen
b) have fee
simpledeterminable
c) have a life estate
d) have a
dominantinterest in the
property