Zora, Heathcliff, Manuel, and Mohammad own a large commercialbuilding as joint tenants.
If Heathcliff executes a will that leaves all of his property tohis alma mater university, who owns the property when Heathcliffdies?
A.
Zora, Manuel, and Mohammad each own a one-third interest in thebuilding.
B.
Zora, Manuel, and Mohammad each own a life estate in thebuilding that will go to the university upon their deaths.
C.
Zora, Manuel, Mohammad, and the university each own aone-quarter interest in the building.
D.
It will depend on what the probate judge rules.
E.
The university owns the entire building in fee simple.
Which of the following is NOT a way ownership of real propertycan be transferred from one person to another?
A.
will
B.
tax sale
C.
gift
D.
revocation
E.
sale
Which of the following is NOT true about adverse possession?
A.
The adverse possessor must occupy the property so as to put theowner on notice of the possession.
B.
Any break in normal occupancy terminates the adversepossession.
C.
The possessor must occupy the property with the express orimplied permission of the owner.
D.
The time period varies from state to state, but is usuallybetween 7 and 20 years.
E.
The adverse possessor must physically occupy the premises.
If Kiki buys a lot from Joey that is landlocked (meaning thepurchased lot has no direct access to a road ), if Kiki can driveover Joey's lot to reach the nearest road, this is known as aneasement by ________.
A.
necessity
B.
grant
C.
prescription
D.
implication
E.
reservation
Zora, Heathcliff, Manuel, and Mohammad own a large commercialbuilding as joint tenants.
If Heathcliff executes a will that leaves all of his property tohis alma mater university, who owns the property when Heathcliffdies?
A.
Zora, Manuel, and Mohammad each own a one-third interest in thebuilding.
B.
Zora, Manuel, and Mohammad each own a life estate in thebuilding that will go to the university upon their deaths.
C.
Zora, Manuel, Mohammad, and the university each own aone-quarter interest in the building.
D.
It will depend on what the probate judge rules.
E.
The university owns the entire building in fee simple.
Which of the following is NOT a way ownership of real propertycan be transferred from one person to another?
A.
will
B.
tax sale
C.
gift
D.
revocation
E.
sale
Which of the following is NOT true about adverse possession?
A.
The adverse possessor must occupy the property so as to put theowner on notice of the possession.
B.
Any break in normal occupancy terminates the adversepossession.
C.
The possessor must occupy the property with the express orimplied permission of the owner.
D.
The time period varies from state to state, but is usuallybetween 7 and 20 years.
E.
The adverse possessor must physically occupy the premises.
If Kiki buys a lot from Joey that is landlocked (meaning thepurchased lot has no direct access to a road ), if Kiki can driveover Joey's lot to reach the nearest road, this is known as aneasement by ________.
A.
necessity
B.
grant
C.
prescription
D.
implication
E.
reservation
