Question 1

Which of the following is false regarding property interests in Vietnam?

Accepted Answer

A)   The constitution asserts that the state owns all the land.
B)   If an individual wants to use land, he or she must pay tax on it as a form of rent.
C)   Transference of property can occur only with the approval of a state official.
D)   A new owner can never be given a longer term of right or more extensive rights over the land than the original owner had.
E)   The transferring owner determines the price for which property will be transferred.F) A) and B)
G) A) and C)

Question 2

[Cottage in the Woods] When Gil's father died, Gil received a life estate for the family's cottage in the woods. According to his father's will, upon Gil's death, the cottage is to become the property of Gil's much younger step-brother Max. Gil lived at the cottage for many years after his father's death. One day, Max went to visit Gil to check on the property that he would someday own, and noticed that the cottage was in disrepair. The roof leaked, it was infested with mice and termites, and there was water damage in the basement. Max tells Gil to fix the property, but Gil refuses saying that he can let the property deteriorate as much as he wants.
-What type of interest, if any, does Max have in the property?

Accepted Answer

A)   A future interest.
B)   A future estate.
C)   A life estate.
D)   A future life estate.
E)   Max does not yet have an interest in the property.F) A) and E)
G) A) and C)

Question 3

[Majestic Mansion] Akira inherited her family's mansion in the mountains from her grandmother. Akira lives in the mansion with her sister, Kitara. Their grandmother's will states that Akira inherits the mansion so long as she does not alter the exterior, and if she did, the mansion would belong to the historical society. The will also states that Kitara can live in the mansion for the rest of her life. Akira decides to place an addition on the mansion, and she knocks down one side of the building to add a modern-style wing. Akira's sister, Kitara, is upset that their grandmother left the mansion to Akira, and, when she discovers the construction, she tells Akira that Akira is no longer the owner of the mansion.
-What type of ownership interest does Akira have in the mansion?

Accepted Answer

A)   Fee Simple Absolute.
B)   Conditional Estate
C)   Life Estate.
D)   Simple Estate.
E)   Simple Conditional Estate.F) B) and E)
G) C) and D)

Question 4

If Walanda and Hassem own property together in equal shares, and upon Walanda's death the property goes to Hassem, this is an example of ________.

Accepted Answer

A)   joint tenancy
B)   conjoined tenancy
C)   tenancy in common
D)   life estate
E)   split tenancyF) A) and B)
G) A) and C)

Question 5

An owner cannot deprive landowners downstream of the use of the water by diverting it elsewhere.

Accepted Answer

A) True 
 B)False

Question 6

An owner of a leasehold estates has a ________ but not an ________

Accepted Answer

A)   Conditional interest: estate interest
B)   life estate: possessory interest
C)   possessory interest: ownership interest
D)   ownership interest: future interest
E)   possessory interest: future interestF) C) and D)
G) B) and D)

Question 7

In the hierarchy of estates, which is the least complete estate?

Accepted Answer

A)   Conditional estate
B)   Life estate
C)   Leasehold estate
D)   Future interest
E)   Fee simple absoluteF) B) and C)
G) C) and E)

Question 8

When the Townsend Estates was being built, all land owners agreed to build 2,500 square foot homes with brick fronts. This is an example of a(n)  ________.

Accepted Answer

A)   good faith covenants
B)   private owner agreements
C)   neighborhood conformity requirement
D)   restrictive covenants
E)   neighborhood zoning ordinanceF) B) and D)
G) None of the above

Question 9

Which of the following refers to land and everything permanently attached to it?

Accepted Answer

A)   Real property
B)   Personal property
C)   Absolute property
D)   Listed property
E)   Fee propertyF) None of the above
G) C) and D)

Question 10

A license is the temporary and irrevocable right to use another's property.

Accepted Answer

A) True 
 B)False

Exam 49: Real Property

Which of the following is false regarding property interests in Vietnam?

Correct Answer
verified

Correct Answer
verified

Which of the following refers to land and everything permanently attached to it?

Correct Answer
verified

A license is the temporary and irrevocable right to use another's property.

Correct Answer
verified

An owner of a leasehold estates has a but not an

Correct Answer
verified

In the hierarchy of estates, which is the least complete estate?

Correct Answer
verified

If Walanda and Hassem own property together in equal shares, and upon Walanda's death the property goes to Hassem, this is an example of ________.

Correct Answer
verified

When the Townsend Estates was being built, all land owners agreed to build 2,500 square foot homes with brick fronts. This is an example of a(n) ________.

Correct Answer
verified

Correct Answer
verified

An owner cannot deprive landowners downstream of the use of the water by diverting it elsewhere.

Correct Answer
verified

Exam 49: Real Property

Which of the following is false regarding property interests in Vietnam?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following refers to land and everything permanently attached to it?

Correct AnswerverifiedShow Answer

A license is the temporary and irrevocable right to use another's property.

Correct AnswerverifiedShow Answer

An owner of a leasehold estates has a ________ but not an ________

Correct AnswerverifiedShow Answer

In the hierarchy of estates, which is the least complete estate?

Correct AnswerverifiedShow Answer

If Walanda and Hassem own property together in equal shares, and upon Walanda's death the property goes to Hassem, this is an example of ________.

Correct AnswerverifiedShow Answer

When the Townsend Estates was being built, all land owners agreed to build 2,500 square foot homes with brick fronts. This is an example of a(n) ________.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

An owner cannot deprive landowners downstream of the use of the water by diverting it elsewhere.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

An owner of a leasehold estates has a but not an

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified