Multiple Choice
1. Traditionally, personal property was referred to as:
a. property in rem
b. quasi in rem property
c. chattel
d. aggregate property
e. none of the other choices
2. Chattel is the traditional term for:
a. personal property
b. real property
c. false property
d. livestock
e. patents
3. Chattel is the traditional term for:
a. patents
b. real property
c. false property
d. livestock
e. none of the other choices are correct
4. Which of the following is an example of personal property:
a. patents
b. land
c. buildings
d. furniture
e. none of the other choices are correct
5. Which of the following is an example of personal property:
a. patents
b. land
c. buildings
d. trees
e. none of the other choices are correct
6. Real property differs from personal property in that real property:
a. is immovable while personal property is movable
b. is movable while personal property is immovable
c. is worth more than personal property
d. can be sold while personal property cannot be sold
e. can be taxed while personal property cannot be taxed
7. Real property differs from personal property in that real property:
a. can be taxed while personal property cannot be taxed
b. is movable while personal property is immovable
c. is worth more than personal property
d. can be sold while personal property cannot be sold
e. none of the other choices are correct
8. Unlike real property, personal property:
a. is immovable
b. is taxable
c. is not taxable
d. is movable
e. is valueless
9. Unlike real property, personal property:
a. is immovable
b. is taxable
c. is not taxable
d. is valueless
e. none of the other choices are correct
10. Land, since it is immovable, is an example of:
a. fake property
b. intangible property
c. real property
d. personal property
e. none of the other choices are correct
11. Land, since it is immovable, is an example of:
a. fake property
b. intangible property
c. taxless property
d. personal property
e. none of the other choices are correct
12. Furniture, since it is movable, is an example of:
a. fake property
b. intangible property
c. real property
d. personal property
e. none of the other choices are correct
13. Furniture, since it is movable, is an example of:
a. fake property
b. intangible property
c. taxless property
d. real property
e. none of the other choices are correct
14. Real property includes which of the following:
a. oil
b. land
c. trees
d. buildings
e. all of the other choices
15. Real property includes:
a. furniture
b. trucks
c. trees
d. patents
e. all of the other choices
16. Which of the following is not real property:
a. land
b. furniture
c. buildings
d. trees
e. all of the other choices are real property
17. Which of the following is not real property:
a. land
b. minerals
c. buildings
d. trees
e. all of the other choices are real property
18. Property interests are people’s right:
a. to deny others the use of “things” in which there is a legal interest
b. to obtain property by the claimant process
c. to sell property “without preconditions”
d. to advertise property
e. none of the other choices are correct
19. is often used to protect interests in property.
a. agency law
b. tort law
c. real law
d. felony law
e. none of the other choices are correct
20. is often used to make arrangements with others about the use of property.
a. contract law
b. tort law
c. real law
d. felony law
e. none of the other choices are correct
21. is often used to make arrangements with others about the use of property.
a. fundamental law
b. tort law
c. real law
d. felony law
e. none of the other choices are correct
22. Property is:
a. something inherited from an ancestor
b. the legally protected expectation of being able to use a thing for one’s advantage
c. always a physical object that can be sold or given to another person
d. never a physical object
e. something universally recognized as subject to unrestricted trading
23. Property law in the United States has developed from:
a. the Norman law of the fifth century
b. the Roman Justinian Code
c. the Jus Civile
d. English common law from centuries ago
e. the Jus Gentium
24. Property law in the United States has developed from:
a. the Norman law of the fifth century
b. the Roman Code of Caesar
c. the Jus Civile
d. the Jus Gentium
e. none of the other choices are correct
25. The most common way in which to transfer ownership interests in property is through:
a. a devise
b. a will
c. a deed
d. easements appurtenant
e. tenancies in common
26. The most common way in which to transfer ownership interests in property is through a legal document known as:
a. a devise
b. a will
c. easements appurtenant
d. tenancies in the extremity
e. none of the other choices
27. A deed is:
a. the primary way to transfer ownership interests (title) in property
b. the means by which the owner of property has legal possession of the property
c. the means by which an owner of property sues when someone violates his property rights
d. the cheapest way to file taxes on piece of property
e. none of the other choices are correct
28. A deed is:
a. a document detailing the expenses associated with maintaining a piece of property
b. the means by which the owner of property has legal possession of the property
c. the means by which an owner of property sues when someone violates his property rights
d. the cheapest way to file taxes on piece of property
e. none of the other choices are correct
29. Deeds:
a. are in writing
b. are written or oral
c. are legal only in certain states
d. can only be used when the property being transferred is worth more than $10,000
e. none of the other choices are correct
30. Deeds do which of the following:
a. identify the original owner
b. describe the land
c. identify the new owner
d. state that ownership is being transferred
e. all of the other specific choices are correct
31. Which of the following are forms of deeds used in at least some states:
a. assurance deeds
b. surface deeds
c. quitclaim deeds
d. interests deeds
e. all of the other choices
32. A quitclaim deed is:
a. a deed of conveyance that passes whatever interests the grantor had in the property
b. a deed that promises that a good, clear title to the property is being conveyed by the grantor
c. a deed that warrants that the buyer has received title and that the property was not encumbered during the
ownership by the grantor
d. all of the other specific choices are correct
e. none of the other specific choices are correct
33. A warranty deed is:
a. a deed of conveyance that passes whatever interests the grantor had in the property
b. a deed that promises that a good, clear title to the property is being conveyed by the grantor
c. a deed that warrants that the buyer has received title and that the property was not encumbered during the
ownership by the grantor
d. all of the other specific choices are correct
e. none of the other specific choices are correct
34. A special warranty deed is:
a. a deed of conveyance that passes whatever interests the grantor had in the property
b. a deed that promises that a good, clear title to the property is being conveyed by the grantor
c. a deed that warrants that the buyer has received title and that the property was not encumbered during the
ownership by the grantor
d. all of the other specific choices are correct
e. none of the other specific choices are correct
35. Which of the following are forms of deeds used in at least some states to promise that a clear title to property is
being conveyed:
a. assurance deeds
b. surface deeds
c. warranty deeds
d. interests deeds
e. all of the other choices
36. A deed in which the seller or grantor warrants that the property is free of any liens or encumbrances unless they
are revealed in the title is a(n):
a. warranty deed
b. special warranty deed
c. surface deed
d. assurance deed
e. quitclaim deed
37. A deed in which the seller or grantor warrants that the property is free of any liens or encumbrances unless they
are revealed in the title is a(n):
a. quit claim deed
b. explicit deed
c. surface deed
d. assurance deed
e. none of the other choices are correct
38. The title to property is:
a. another word for a covenant
b. a right to use some land some time, for a limited purpose
c. non-transferable
d. the formal right of ownership
e. the government’s right to restrict use of privately held land
39. The formal right of ownership of property is:
a. the deed
b. the title
c. the documentation
d. the mortgage
e. none of the other choices are correct
40. The title to land is:
a. a covenant running with the land
b. a right to use some land some time, for a limited purpose
c. non-transferable
d. the government’s right to restrict use of privately held land
e. none of the other choices
41. The , which comes from receipt of a valid deed, is the means by which the owner of property has legal
possession of it.
a. estate
b. covenant
c. servitude
d. leasehold
e. title
42. Which of the following is a right normally possessed by the holder of title to property:
a. right of possession of the property
b. the right of control of the property
c. the right to exclude others from use of the property
d. the right to enjoy the property in legal manners
e. all of the other specific choices are correct
43. The right of possession of the property and the right to exclude others from the use of the property are two
examples of rights normally possessed by:
a. the government
b. the state legislature
c. the holder of title to the property
d. the holder of deed to the property
e. none of the other choices are correct
44. A clear title means that:
a. a third party may claim valid ownership of the property
b. only the government may claim valid ownership of the property
c. there are no taxes due on the property
d. no other person can claim valid ownership of the property
e. none of the other choices are correct
45. Title recordings provide:
a. a detailed evaluation of the value of a piece of property
b. a list of all expenses associated with a piece of property
c. a public record of who owns what and of limitations or claims on titles
d. a private record of who owns what and of limitations or claims on titles
e. none of the other choices are correct
46. Title insurance:
a. does not bind the title company to insure that the title is as declared in the conveyance from the grantor to
the grantee
b. binds the title company to insure that the title is as declared in the conveyance from the grantor to the
grantee
c. binds the seller to the agreed to price of the property
d. prevents the buyer from changing the terms of the transaction at the last minute
e. none of the other choices are correct
47. Title insurance may not protect against:
a. claims against the property that were not known in the public records at the time the title search was done
b. claims against the property that were known in the public records at the time the title search was done
c. claims against the property that were not known in the public records until the title search was done
d. claims against the property made by a third party
e. none of the other choices are correct
48. If there are “defects” found in a title during a title search the title is said to be:
a. misty
b. clouded
c. misunderstood
d. misrepresented
e. opaque
49. If there are “defects” found in a title during a title search the title is said to be:
a. misty
b. opaque
c. misunderstood
d. misdeeded
e. none of the other choices are correct
50. If there are found in a title during a title search the title is said to be clouded.
a. defects
b. mistakes
c. typos
d. missing terms
e. none of the other choices are correct
51. Which of the following could result in a “defect” in a title:
a. a boundary dispute with a neighbor
b. tax liens placed against the property
c. liens imposed for work done on the property
d. uncertain claims of ownership by heirs to the property
e. all of the other specific choices are correct
52. A title could be “clouded“ by which of the following:
a. a boundary dispute with a neighbor
b. tax liens placed against the property
c. liens imposed for work done on the property
d. uncertain claims of ownership by heirs to the property
e. all of the other specific choices are correct
53. A(n)
duration.”
a. deed
b. property
c. estate
d. holding
is “an interest in land which (a) is or may become possessory and (b) is ownership measured in terms of
e. none of the other choices are correct
54. A(n) is “an interest in land which (a) is or may become possessory and (b) is measured in terms of duration.”
a. deed
b. tenancy
c. title
d. holding
e. none of the other choices are correct
55. The most common form of real property ownership is:
a. fee defeasible
b. fee simple
c. life estate
d. tenancy for years
e. covenant
56. The most common form of real property ownership is:
a. common tenancy
b. covenant
c. life estate
d. tenancy for years
e. none of the other choices
57. The most common form of real property ownership that gives exclusive possession to a particular piece of land for
an indefinite time is:
a. deed
b. title
c. a fee simple
d. life estate
e. leasehold
58. Fee simple is:
a. the most common form of real property ownership
b. the least common form of real property ownership
c. the most least form of private property ownership
d. the most controversial type of real property ownership
e. none of the other choices are correct
59. Property that is held in fee simple may be:
a. inherited by others
b. transferred to others
c. sold in part to others
d. sold in entirety to others
e. all of these things are possible
60. Subsurface mineral rights:
a. must transfer in fee simple with deeds to land
b. must transfer in fee simple with title to land
c. may be legally separated from surface ownership
d. are owned by the government
e. are owned by the people in common