Question 1

If a piece of property is divided and one portion is landlocked as a result,an easement by ______ is created.

Accepted Answer

A)   Prescription
B)   Express need
C)   Necessity
D)   Implication
E)   RequirementF) A) and B)
G) B) and D)

Question 2

Which of the following is true regarding any duty Bruce owed to Kathy prior to the sale?

Accepted Answer

A)   In most states Bruce only had a duty to warn Kathy about any defects he knew about that a reasonable buyer would not have been able to discover through a thorough examination of the property.
B)   In most states Bruce had a duty to warn Kathy about any defects in the property regardless of whether they could have been discovered through a thorough examination of the property.
C)   In most states Bruce had a duty to warn Kathy about any defects he knew about that a reasonable buyer would not have been able to discover through a thorough examination of the property and that materially affected the value of the property.
D)   In most states Bruce had no duty to warn Kathy of anything.
E)   In most states Bruce had no duty to warn Kathy of anything so long as she had her own home inspection done.F) A) and D)
G) A) and B)

Question 3

Under the U.S.Constitution,private property may only be taken by the government if the government plans to develop the property itself for a public use such as for a school or a road.

Accepted Answer

A) True 
 B)False

Question 4

Set forth what a deed must contain in order to be properly drafted.

Accepted Answer

To be properly drafted,a deed must conta...

Question 5

Real property is commonly referred to as "realty."

Accepted Answer

A) True 
 B)False

Question 6

The ______ deed carries no warranties,and the grantor simply conveys whatever interests he or she holds.

Accepted Answer

A)   Quitclaim
B)   Special warranty
C)   Approved
D)   General warranty
E)   SpecificF) A) and C)
G) C) and E)

Exam 49: Real Property

Real property is commonly referred to as "realty."

Correct Answer
verified

If a piece of property is divided and one portion is landlocked as a result,an easement by ______ is created.

Correct Answer
verified

The ______ deed carries no warranties,and the grantor simply conveys whatever interests he or she holds.

Correct Answer
verified

Under the U.S.Constitution,private property may only be taken by the government if the government plans to develop the property itself for a public use such as for a school or a road.

Correct Answer
verified

Which of the following is true regarding any duty Bruce owed to Kathy prior to the sale?

Correct Answer
verified

Set forth what a deed must contain in order to be properly drafted.

Correct Answer
verified
To be properly drafted,a deed must conta...
View Answer

Exam 49: Real Property

Real property is commonly referred to as "realty."

Correct AnswerverifiedShow Answer

If a piece of property is divided and one portion is landlocked as a result,an easement by ______ is created.

Correct AnswerverifiedShow Answer

The ______ deed carries no warranties,and the grantor simply conveys whatever interests he or she holds.

Correct AnswerverifiedShow Answer

Under the U.S.Constitution,private property may only be taken by the government if the government plans to develop the property itself for a public use such as for a school or a road.

Correct AnswerverifiedShow Answer

Which of the following is true regarding any duty Bruce owed to Kathy prior to the sale?

Correct AnswerverifiedShow Answer

Set forth what a deed must contain in order to be properly drafted.

Correct AnswerverifiedTo be properly drafted,a deed must conta...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
To be properly drafted,a deed must conta...
View Answer