Questão 1
Questão
Personal property attached to real property is prevented from becoming real property by which of the following?
Questão 2
Questão
Which of the following is a right in the property of another that results from ownership in a particular parcel of real estate?
Responda
-
easement in gross
-
appurtenant easement
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license
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condemnation
Questão 3
Questão
Which of the following is (are) correct?
Responda
-
An easement provides a nonpossessory interest in land.
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The land on which an easement exists is the dominant tenement.
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The land that benefits from an easement is the servient tenement.
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All of the above
Questão 4
Questão
Easements may be created in all of the following ways EXCEPT:
Responda
-
condemnation.
-
dedication.
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prescription.
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assessment.
Questão 5
Questão
An easement is terminated:
Responda
-
when the purpose for which the easement was created ceases to exist.
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when the adjoining dominant and servient tenements are combined into one tract of land.
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by abandonment of the easement by the dominant owner.
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all of the above.
Questão 6
Questão
If a property owner gives a specific person permission to cross his property, this is a(n):
Responda
-
easement in gross.
-
easement appurtenant.
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lease.
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encroachment.
Questão 7
Questão
The creation of an easement by condemnation results from the exercise of which of the following?
Responda
-
prescription
-
eminent domain
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dedication
-
implication
Questão 8
Questão
A fee simple determinable:
Responda
-
is an example of a nonfreehold estate.
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typically stipulates the conveyance is “as long as” it is used for a particular purpose.
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is an example of pur autre vie (for the life of another).
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is an example of freehold rights until the original owner’s rights are determined to be invalid.
Questão 9
Questão
If a widow inherits an estate by will granting her the right of use and possession of a parcel of land for the rest of her life, with the provision that the estate will go to her children in fee simple upon her death, she has received:
Responda
-
an inheritable freehold estate.
-
a life estate with remainder.
-
a life estate pur autre vie.
-
none of the above.
Questão 10
Questão
The highest and best form of estate in real property is which of the following?
Responda
-
appurtenant easement
-
defeasible fee
-
life estate in reversion
-
fee simple absolute
Questão 11
Questão
Estate for years, estates from year to year, estates at will, and estates by sufferance:
Questão 12
Questão
Title held in the name of a corporation with many stockholders is considered to be held as:
Responda
-
severalty.
-
joint tenancy.
-
tenancy in common.
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tenancy by entireties.
Questão 13
Questão
Which of the following types of ownership requires unity of interest, title, time, and possession?
Responda
-
cooperative
-
tenancy in common
-
joint tenancy
-
condominium
Questão 14
Questão
None of the following includes the automatic right of survivorship in North Carolina EXCEPT:
Responda
-
tenancy in common.
-
tenancy by the entirety.
-
life estate.
-
joint tenancy.
Questão 15
Questão
The purchaser of a condominium unit receives title to the land on which the condominium is situated as a:
Responda
-
tenant by the entirety.
-
tenant in common.
-
joint tenant.
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tenant at sufferance.
Questão 16
Questão
The purchaser of a condominium time-share:
Responda
-
takes title for a specified time period (or periods) each calendar year.
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may not convey title to anyone else.
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has a 30-day right to rescind the purchase contract.
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all of the above.
Questão 17
Questão
In the cooperative form of ownership:
Responda
-
the owner owns his unit in severalty.
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each owner owns an interest in the common areas.
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the owners own the building as tenants in common.
-
none of the above.
Questão 18
Questão
A tenant in common:
Responda
-
may sell her interest in the property.
-
may pledge the entire property as security for a mortgaged loan.
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may not bring legal action to partition the property.
-
has the right of survivorship in the property.
Questão 19
Questão
Ownership as tenants by the entirety includes which of the following?
Responda
-
the right of one owner to convey title to his share of ownership without the participation of the other owner
-
the right of survivorship
-
ownership of an unequal interest in the property with another
-
conversion to ownership as joint tenants if the owners are divorced
Questão 20
Questão
An encumbrance always:
Questão 21
Questão
All of the following are examples of specific liens EXCEPT:
Responda
-
income tax liens.
-
mortgage liens.
-
mechanic’s liens.
-
real property tax liens.
Questão 22
Questão
Which of the following statements regarding judgment liens is correct?
Responda
-
Judgment liens will not attach to property to which title is held by a husband and wife as tenants by the entirety unless both participated in the creation of the debt and are both named as defendants in the judgment.
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Judgment liens have a priority over the real property tax assessment.
-
Judgment liens have a priority over all liens other than property tax liens.
-
None of the above.
Questão 23
Questão
Liens, easements, encroachments, and restrictive covenants are examples of which of the following?
Responda
-
emblements
-
estovers
-
estates
-
encumbrances
Questão 24
Questão
Which of the following is an estate that automatically renews itself for consecutive periods?
Responda
-
estate at will
-
life estate
-
estate from year to year
-
estate for years
Questão 25
Questão
New construction time-share properties in North Carolina require:
Responda
-
the developer to have a real estate license before sales are made.
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project registration with the Commission before marketing the units for sale.
-
all time-share salespersons must have a time-share license in NC.
-
the purchaser to be given a right of rescission for 3 days from purchase.
Questão 26
Questão
Time-share property in North Carolina:
Responda
-
must be for a residential use.
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is considered personal property.
-
is the right to occupy a property during five or more separated time periods over five or more years.
-
allows a bona-fide employee of the developer to sell the units without a real estate license.
Questão 27
Questão
An example of an appurtenant easement would be:
Responda
-
city water and sewer easement.
-
easement for a neighbor friend to cross a nearby property to access the beach.
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an easement for the adjoining property to have a driveway over the subject property.
-
a railroad right-of-way easement.
Questão 28
Questão
All of the following involve ownership of real property EXCEPT:
Responda
-
cooperatives.
-
condominiums.
-
townhouses.
-
time-shares.
Questão 29
Questão
All of the following are real property EXCEPT:
Questão 30
Questão
The item(s) included as real estate is (are):
Responda
-
trees.
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fences.
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a built-in microwave.
-
all of the above.
Questão 31
Questão
A manufactured home that is towed to the land and placed upon a permanent foundation but still has the wheels, axles, and towing hitch attached will be considered:
Responda
-
personal property.
-
real property.
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an improvement.
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a fixture