Chapter 9 Exam - Renting or Owning a Home

The most common type of real property ownership is:

• leasehold estate

• life estate

• fee simple estate

• eminent domain

The deed that gives the buyer the most protection is a:

• general warranty deed

• special warranty deed

• bargain and sale deed

• quitclaim deed

Generally, the landlord would be required to

• maintain the premises

• provide blinds for the windows

• install a screen door

• provide washer and dryer hookups

Tenants have a duty to avoid waste, which can be defined as:

• creating too much garbage each week

• a violation of the sanitation code

• creating noise pollution that disturbs neighbors

• substantial damage to property

If the tenant installs a ceiling fan, it becomes real property, which

• belongs to the tenant

• is considered waste when the tenant moves out

• must be maintained by the tenant

• belongs to the landlord

Tenancy at will continues for

• an indefinite period of time

• one year

• two years

• life

Landowners own the air space above their property for

• 100 feet above the highest building on the property

• as high as they can effectively use it

• 100 miles above the property

• 10 miles above the property

Joint tenancy allows for each owner's share going to:

• the government upon death

• a revocable trust established for this purpose

• the surviving co-owners upon death

• his or her heirs upon death

Tenancy in common allows for each owner's share going to:

• the government upon death

• a revocable trust established for this purpose

• the surviving co-owners upon death

• his or her heirs upon death

What is the name of the landmark U.S. Supreme Court case dealing with eminent domain?

• Pink House v. Connecticut

• New London v. Kelo

• Kelo v. New London

• Suzanne vs. Connecticut