Unit 3: Kaplan Exam

Question 1

The property Sam bought 30 years ago had an appurtenant easement for access. Then, 20 years ago, the county built a new road, and Sam has not used the easement since that time. When Sam sells the property, the easement…

Answer 1

remains in place and will transfer with the property

Question 2

The right of the government to establish zoning and land-use laws is an exercise of…

Answer 2

Police Power

Question 3

A holder of a life estate has all of the following interests EXCEPT..

Answer 3

remainder

Question 4

All of the following are governmental powers EXCEPT

Answer 4

Deed restrictions

Question 5

All of the following are considered real property rights EXCEPT…

Answer 5

Natural Rights

Question 6

The process by which the government exercises its power to take private land for public use is..

Answer 6

Condemnation

Question 7

A property owner passed away, having no heirs and leaving no will. Ownership of the property may revert to the state through the gov’s right of …

Answer 7

Escheat

Question 8

Protection on a primary home against certain creditors is known as…

Answer 8

Homestead rights

Question 9

Which government right is exercised when the state acquires private property through condemnation and pays just compensation?

Answer 9

Eminent Domain

Question 10

An estate refers to…

Answer 10

the rights held by someone who has a possessory interest in real estate

Question 11

What is the difference between a freehold estate and a leasehold estate?

Answer 11

Freeholds have an indefinite duration, but leaseholds can terminate

Question 12

All of the following could be encumbrances on real estate EXCEPT

Answer 12

a fixture

Question 13

Which estate usually does NOT terminate upon the death of the holder of the estate?

Answer 13

Estate for years

Question 14

Public restrictions on private land use is an example of…

Answer 14

Police Power

Question 15

A month-to-month lease is an example of…

Answer 15

A periodic estate

Question 16

Which is NOT an estate of ownership?

Answer 16

Estate for years

Question 17

The grantor of a life estate retains

Answer 17

A reversionary interest

Question 18

All of the following would be considered to have an interest in land EXCEPT

Answer 18

a hunter who has been given permission to hunt in a field

Question 19

Which of the following liens has first priority?

Answer 19

Property tax

Question 20

A holder of a freehold estate has rights of…

Answer 20

Ownership

Question 21

Which of the following would be used to reveal encroachments?

Answer 21

Survey

Question 22

Private restrictions on private land use are BEST described as

Answer 22

deed restrictions

Question 23

An estate that lasts only so long as a specified condition is met is known as…

Answer 23

a qualified fee

Question 24

The grantor of a qualified fee has set the requirment that the property “must be used only as a school” This requirement is known as…

Answer 24

a deed condition

Question 25

Life tenants in most life estates have all of the following rights EXCEPT

Answer 25

they may place the property in their will

Question 26

When an individual or entity holds a claim against another’s property, it is..

Answer 26

a lien

Question 27

An irrevocable right to use the lands of another is called…

Answer 27

an easement

Question 28

If Ann grants a life estate to Ben and specifies that title will be transferred to Carl upon the death of Ben, which of the following is FALSE?

Answer 28

Carl has reversionary interest

Question 29

A leasehold estate with a definite expiration date that does NOT require notice of termination by either party is…

Answer 29

An estate for years