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Multiple Choice Quiz
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1
Owners have the right to use and occupy their property but are subject to provisions of any easements or covenants.
A)True
B)False
2
Someone may have a specific interest in property.
A)True
B)False
3
A property owner does not have the right to exclude others from his land.
A)True
B)False
4
The law favors the free right to transfer ownership in property.
A)True
B)False
5
Fee simple is a right in real property in which the owner is entitled to the entire estate, along with all of the rights thereto.
A)True
B)False
6
An estate at will is an estate that is created by the express or implied agreements of the parties with no fixed term designated.
A)True
B)False
7
A ______________ is a document representing the formal declaration of a person's wishes for the manner and distribution of his/her property upon death.
A)license
B)will
C)title
D)policy
8
Rights that are associated with ownership of property and the effect that these rights may have on property are known as:
A)interest in property
B)ownership rights
C)property
D)title
9
Interests that are considered inherent in real property are often referred to as a (an):
A)bundle of rights
B)possession
C)ownership rights
D)title
10
Government entities have the right to do which of the following with private property:
A)destroy the property
B)transfer the property to a person's family
C)take the property for public use
D)close the property







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