CHAPTER 2 QUIZ

1. If the owner of the dominant tenement becomes the owner of the servient tenement and merges the two properties:

2. Jason owned the fee Simple title to a vacant lot adjacent to a hospital and was persuaded to make a gift of the lot. He had his attorney prepare a deed that conveyed the ownership of the lot to the hospital “so long as it is used for medical purposes.” After the completion of the gift, the hospital will own the lot as a:

3. The rights of the owner of a property located along the banks of a river are called:

4. Which of the following has an indefinite duration?

5. Suzy owns an apartment building and will grant a life estate to the nursing home to pay for her father’s care. The nursing home will remain the life tenant as long as Suzy’s father is alive. Upon the death of Suzy’s father the apartment building will revert to Suzy. What type of life estate does the nursing home have?

6. Mrs. Destiny conveys a life estate to her grandson and stipulates that upon her death the estate will pass to her son-in-law. The son-in-law has a(n):

7. All of the following are powers of the government EXCEPT:

8. Mark wants to use water from a river that runs through his property to irrigate a potato field. To do so, Mark is required by his state’s law to submit an application to the Department of Water Resources describing in detail the beneficial use he plans for the water. If the department approves Mark’s application, he will receive a permit to divert a limited amount of river water into his field. Based on these facts, it can be assumed that Mark’s state relies on which of the following rules of law?

9. An ownership interest that is based on annual occupancy intervals is a:

10. Eric lives in an apartment building. A corporation owns the land and structures, with one mortgage loan covering the entire property. Like the other residents, Eric owns stock in the corporation and has a lease to his apartment. This type of ownership is called a:

11. Ralph, Rich and Edgar are joint tenants owning a parcel of land. Edgar conveys his interest to his longtime friend Sam. After the conveyance, Ralph and Rich:

12. Equal rights of possession are characteristic in all of the following EXCEPT:

13. To create a joint tenancy relationship in the ownership of real estate, there must be unities of:

14. The owner of a condominium unit learns that a neighbor has failed to pay his real estate taxes. If this neighbor does not pay the taxes:

15. All of the following are true statements about a condominium EXCEPT:

16. Jim purchases an interest in a house in Beachfront. Jim is entitled to the right of possession only between July 10 and August 4 of each year. Which of the following is most likely the type of ownership purchased?

17. Which of the following best proves one’s right to live in a cooperative?

18. Ben and Cheri held title to an apartment building as joint tenants with rights of survivorship. Ben and Cheri had an argument, and Ben didn’t like the possibility that Cheri would acquire total ownership of the building if Ben died. Therefore, Ben executed a deed to himself as a tenant in common and later willed his interest to Jenna. If this occurred in Illinois, which of the following statements accurately describes Ben’s action?

19. If the owner of real estate does not take action against a persistent trespasser before the statutory period has passed, the trespasser may acquire:

20. A person who has complete control over a parcel of real estate would MOST LIKELY own:

21. A portion of Walter’s building was inadvertently built on Greg’s land. This is called an:

22. The purchase of a ticket for a professional sporting event gives the bearer:

23. All of the following estates would have a definite duration EXCEPT a(n):

24. Homeowner Grace acquired the ownership of land that was deposited by a river running through her property by:

25. The most all-inclusive type of real property ownership is a:

26. Josh and Sean are next-door neighbors. Sean tells Josh that he can store his bulldozer in his yard for a few weeks. Sean did not charge Josh rent for the use of his yard. Sean has given Josh a(n):

27. Aaron owned two acres of land. He sold one acre to Fiona and reserved for himself an appurtenant easement over Fiona’s land for ingress and egress. Fiona’s land:

28. A homestead exemption protects against judgments:

29. A deed conveys ownership to the grantee so as long as the existing building is not torn down. What type of estate did this deed create?

30. Luke conveys the ownership of his house to his mother and stipulates that upon her death he will recapture the ownership. The interest Luke has in the ownership is a:

31. The owner divides a parcel into two lots, one of which is surrounded by other lots and has no street access. Which of the following is true?

32. A person who acquired ownership that can be inherited, with the provision that the land must always be used for religious purposes, has which of the following?

33. In Illinois, real property escheats to the:

34. How long is the period required to establish an easement by prescription in Illinois?

35. Sam and Nettie bought a store building and took title as joint tenants. Nettie died testate. Sam now owns the store:

36. Cain has the legal right to occupy and use a certain residential structure. All of the following could describe Cain’s interest in the property EXCEPT:

37. A trust is a legal arrangement in which the title to property is held for the benefit of a third party by a(n):

38. Val and John are co-owners of a fee simple interest in a small office building. John dies intestate and leaves no estate to be distributed to his heirs. Val is neither related to John nor a creditor of John. Which of the following would explain why Val acquired the interest of John?

39. In a gift of a parcel of real estate, one of the two owners was given an undivided 60 percent interest and the other received an undivided 40 percent interest. The two owners hold their interests as:

40. A joint tenancy with right of survivorship may be created:

41. A property held as tenancy by the entirety requires which of the following?

42. What do the terms a general partnership, a limited partnership and a corporation have in common?

43. In Illinois all of the following are examples of co-owner ship except for:

44. Because Jayce no longer needs a large house, she decides to sell her house and move into a cooperative apartment building. In a cooperative Jayce will:

45. Under the condominium form of ownership, the owner’s interest in the unit would normally be:

46. Amanda and Barb are joint tenants. Barb sells her interest to Chuck. What is the relationship of Amanda and Chuck?

47. A person purchases a fee simple estate and has an undivided interest in common elements. What does this person own?

48. The owner of a condominium did not pay the monthly maintenance fee. Which of the following will MOST LIKELY occur?

49. Illinois law makes which of the following presumptions about how multiple grantees hold title to a property?

50. In Illinois, an arrangement in which a purchaser receives fee ownership of property and the right to use it for a specified period of less than one year on a recurring basis of more than three years is the statutory definition of a: