WorksheetsLegal Descriptions
Total questions: 25
Worksheet time: 13mins
Name
Class
Date
1.
Which of the following would be defined as real estate as opposed to real property?
a)
Wells, driveways, and signs on a parcel of land.
b)
Mobile homes temporarily parked on a parcel of land.
c)
Timber that has been cut and is lying on a parcel of land.
d)
Business equipment an owner or tenant has placed on a parcel of land.
2.
Which of the following would be considered a property improvement?
a)
An alteration to land to make it more useful.
b)
An increase in the value of a property.
c)
A chicken coop permanently attached to land.
d)
A parcel of land that has passed a percolation test.
3.
Which of the following best describes the physical boundaries of land?
a)
The surface of the earth and infinite space above the surface.
b)
The center of the earth and infinite space above the earth.
c)
The surface of the earth and all water and minerals on or below the surface to the center of the earth.
d)
The surface of the earth and the air rights above the surface to the point defined by local zoning.
4.
The "bundle of rights" refers to a set of rights
a)
enjoyed by the owner of a property.
b)
that is synonymous with the Bill of Rights.
c)
guaranteed to citizens by the Statue of Rights.
d)
specified in a deed or land contract.
5.
Which of the following best describes the legal concept of personal property?
a)
Any item which is acquired in a fee simple sale transaction.
b)
Any item of property that is not definable as real property.
c)
Any movable property owned by an individual, partnership, or corporation.
d)
Any item that is not a natural item affixed to the earth.
6.
The right to encumber a property means that the owner can
a)
sell the property to an encumbered property.
b)
pledge the property as collateral for debt.
c)
lease the property.
d)
assign the bundle of rights to another.
7.
A property owner leases 60 acres of agriculture land for a renewable period of 5 years. in the context of real estate rights, this lease represents a(n)
a)
transfer of a portion of the bundle of rights.
b)
encroachment on the bundle of rights.
c)
conveyance of the complete bundle of rights.
d)
encumbrance of the tenant's rights.
8.
A homeowner is very upset over a drone that a neighbor flies over his house. He takes his case to court to end this possible violation of rights. Does he have a case, and on what basis?
a)
No. The neighbor is not physically on his property.
b)
No. The drone is in the air, so he cannot exercise any surface rights.
c)
Yes. The owner has the right to stop encroachments.
d)
Yes. The drones infringe on his air rights.
9.
Littoral rights apply to which of the following?
a)
Boatable ponds entirely contained within the boundaries of an owner's property.
b)
Streams and rivers.
c)
Navigable lakes, seas, and oceans.
d)
Navigable streams and rivers.
10.
A retired couple has just a retirement home with a pier on a large lake. In this case the retirees' water rights extend to
a)
the high water mark of the body of water at the shoreline.
b)
the low water mark of the body of water at the shoreline.
c)
the center of the lake.
d)
the end of the pier.
11.
A waterfront homeowner has just died. What will become of the water right the owner enjoyed while living in the home?
a)
They revert to the state when the property is sold.
b)
They are extinguished.
c)
They are a personal right belonging to an individual owner, not attaching to the real property.
d)
They transfer with the property when the property is sold.
12.
Riparian rights concern which of the following bodies of water?
a)
Lakes.
b)
Seas and oceans.
c)
Streams and rivers.
d)
Navigable lakes.
13.
Which of the following best describes a "fixture?"
a)
Any item of personal property positioned within the boudaries of a parcel of real estate.
b)
An item of personal property that has been converted to real property.
c)
An item of real property temporarily placed on land for the purpose of conducting a business.
d)
An item of personal property that has been left in one location for a period of six months.
14.
An item may be considered personal property as opposed to real property provided that
a)
the owner intended to remove it after a period of time.
b)
it can be removed without altering the appearence of the structure.
c)
it is unnecessary to the physical integrity of the structure.
d)
the owner installed it at some time after acquiring the real property.
15.
Two people own a house, each having an undivided equal interest. Which of the following best describes what each party owns?
a)
Fifty percent of the physical house and land it rests on.
b)
One hundered percent of the home and the land.
c)
Fifty percent of the estate consisting of the indivisible whole of the real property.
d)
Each owns one hundered percent of the estate represented by the real property and fifty percent of the physical house and the land it rests on.
16.
A real property interest that includes the right to possess is considered
a)
an estate in land.
b)
a leasehold estate.
c)
a fee simple estate.
d)
the bundle of rights.
17.
The right to control land usage by zoning and eminent domain is an example of
a)
a public interest.
b)
a police interest.
c)
an encumbrance.
d)
an estate in law.
18.
If the duration of an owner's rights in an estate is not determinable, the owner has
a)
a tenancy at sufferance.
b)
a leased fee simple estate.
c)
a freehold estate.
d)
a leasehold estate.
19.
The distinguishing feature of of a leasehold estate is
a)
ownership of an interest tenant.
b)
temporary ownership of the full bundle of rights in a property.
c)
unlimited ownership of one right in the bundle of rights in a property.
d)
that the estate is limited by a lease term.
20.
A landowner conveys a parcel of property with the provision that the land cannot be developed for retail purposes. The new owner immediately begins to develop a retail shopping outlet, the grantor finds out and takes the property back. What kind of estate did this landowner convey?
a)
Fee simple absolute.
b)
Life estate with reversion.
c)
Life estate with condition subsequent.
d)
Fee simple defeasible.
21.
Ned grants his sister Alice an estate for as long as she lives. Her descendants, however, cannot inherit the estate. What kind of estate is it?
a)
An estate pur autre vie.
b)
An estate for years.
c)
An ordinary life estate.
d)
A legal life estate.
22.
Homestead estates are examples of
a)
a conventional life estate.
b)
a legal life estate.
c)
an estate created by an owner's agreement.
d)
a fee simple absolute.
23.
Louis owned a boat and a house before marring Barbara. While she was single, Barbara owned a new car. The two got married and bought a second home. As a wedding present, Barbara's father bought Louis a motorcycle. Under the law of the community property, what property can louis sell without his wife's consent or signature?
a)
The boat and house.
b)
The boat, house, and motorcycle.
c)
The second home and the motorcycle.
d)
The boat and motorcycle.
24.
Katelyn rents an apartment for one year. What rights has she acquired under the leasehold?
a)
The right to exclude everyone from the premises.
b)
The right to encumber the fee interest.
c)
The right to sell the premises.
d)
The right to possess and use the premises.
25.
An estate from period-to-period will continue as long as
a)
the tenant makes, and landlord accepts, regular rent payments.
b)
the term specified in the lease.
c)
the period is less than a year.
d)
the landlord has not sold the property.
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