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For a party to take by adverse possession, the party's possession must be peaceable, and not hostile.

A) True
B) False

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To be valid, a deed must contain a legally sufficient description of the land.

A) True
B) False

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Chita owns the land on which Downwind Farm is situated, plus the farmhouse, barn, and other structures permanently attached to the land. Chita's brother Elvin owns everything else on the farm-implements, seed, and livestock. The real property is owned by​


A) ​Chita and Elvin.
B) ​Chita only.
C) ​Downwind Farm.
D) ​Elvin only.

E) B) and C)
F) A) and D)

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Niles wants to lease a condo for two years from Oak Street Condos Inc. In most states, the lease agreement must be​


A) ​in writing.
B) ​none of the choices.
C) ​witnessed.
D) ​notarized.

E) B) and C)
F) None of the above

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Ernie, the owner of Fallow Farm, sells Gus a right to park his RV on Fallow land overnight. Gus's right is​


A) ​a fee simple absolute.
B) ​a license.
C) ​an easement.
D) ​a profit.

E) A) and D)
F) None of the above

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Grant wants to transfer the ownership of his warehouse to Holly by deed. To do so requires​


A) ​the grantee's signature only.
B) ​the grantor's signature only.
C) ​the grantee's and the grantor's signatures.
D) ​a judge's signature.

E) A) and D)
F) C) and D)

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The exterior boundaries of land extend down to the depth of the deepest hole and up to the height of the tallest structure and no further.

A) True
B) False

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A license is a right to go onto land owned by another and take away some part of the land itself or some product of the land.

A) True
B) False

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Lee leases a house from Megan for a two-year term. To ensure the validity of their lease, it should include​


A) ​a provision for the landlord's future interest.
B) ​a due date for the payment of the property taxes.
C) ​a requirement that Dora perform structural repairs to the house.
D) ​a requirement that Evan carry liability insurance.

E) A) and B)
F) B) and D)

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Tropic Breeze Residences, Inc., owns apartment buildings. Suki leases one of Tropic Breeze's apartments. Suki's transfer of her interest in the lease to Vito for a period shorter than the lease term is​


A) ​an assignment.
B) ​a violation of the law.
C) ​a periodic tenancy.
D) ​a sublease.

E) B) and C)
F) A) and B)

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To terminate a periodic tenancy. a landlord must give at least one period's notice to the tenant.

A) True
B) False

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Maggie uses John's garage to store her car. She does not pay rent. John decides that he needs the garage for his own car. To terminate Maggie's tenancy, John​


A) ​must give Maggie at least one week's notice.
B) ​must give Maggie at least two week's notice.
C) ​must give Maggie a reasonable amount of time to find a new place to park her car.
D) ​need not give Maggie any notice.

E) A) and B)
F) A) and C)

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Greg rents an apartment to Hugo, who retains possession of the apartment after the lease expires without making any payments of rent. This is​


A) ​a periodic tenancy.
B) ​a tenancy at sufferance.
C) ​a tenancy at will.
D) ​a fixed-term tenancy.

E) C) and D)
F) A) and D)

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A tenant can withhold rent for any reason.

A) True
B) False

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It is presumed that a co-tenancy is a tenancy in common unless there is specific language indicating the intent to establish a joint tenancy.

A) True
B) False

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The government cannot take private property for public use.

A) True
B) False

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An easement is the right to make limited use of another person's real property without taking anything from the property.

A) True
B) False

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Sol allows Tiffany to camp on his land for several days and take photos for an upcoming exhibit of landscape photography. Sol has given Tiffany​


A) ​a fee simple absolute.
B) ​a license.
C) ​a profit.
D) ​an easement.

E) C) and D)
F) B) and C)

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A fixed-term tenancy is created when property is leased for a specified period of time.

A) True
B) False

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Larissa leases to Metal Fabrication Corporation a 10,000 square-foot building under a written lease with a twenty-year term, rent payable annually. The lease includes a clause stating that Metal Fabrication is responsible for making all necessary repairs, including rebuilding the structure after its destruction by any cause beyond Larissa's control. The lease does not include a clause concerning its assignment. One day after the tenth rental payment, Metal Fabrication, without Larissa's knowledge or consent, assigns its interest in the lease to National Steel, Inc. Meanwhile, Larissa dies and Olina inherits her interest in the building. Without the knowledge or consent of either Metal Fabrication or National Steel, Olina sells the building to Prime Properties, Inc. The next month, the building is destroyed in a devastating storm. Metal Fabrication rebuilds it and files a suit against Prime Properties for the expense. The defendant responds that the lease has terminated. Is Prime Properties correct? If so, when did the lease terminate? If not, is Prime Properties liable for the cost of rebuilding the structure? Why or why not?

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Prime Properties is not correct. The lea...

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