Question
1. If I establish a trust for my children and place my condo in Grand Cayman into the trust. What is my role in the
1. If I establish a trust for my children and place my condo in Grand Cayman into the trust. What is my role in the trust?
Group of answer choices
Settlor
Trustee
Beneficiary
Once the property is in trust, I have no role in the trust
2. Joe lives in Iowa. Iowa law requires three witnesses for a will to be valid. After riding in a car with Mark driving cross country, Joe is afraid that he will die in a car accident. Joe writes a will in a bar and has it signed by two witness in Kentucky (assume for the question Joe and all the witnesses are sober... although I've honestly NEVER seen Joe sober at a bar... or apparently driving a boat, thus the previous arrest). Kentucky law requires only two witnesses for a will be to valid. Miraculously, Joe survives the trip home. Three years later Joe dies in Iowa. The will signed is admitted to probate. Is the will valid?
Group of answer choices
No. Iowa law requires three witnesses
No. Unless Joe's heirs can find the witnesses
Yes. As long as Joe had the testamentary capacity
Yes. Unless Kentucky does not recognize holographic wills
3. Which of the following are legal actions which a tenant might bring against a landlord?
Group of answer choices
All of these
Breach of the warranty of inhabitability
Wrongful eviction
Breach of the right to quiet enjoyment
4. Joe goes deer hunting on public land. While in his deer stand, Joe sees a large buck. Joe shoots the buck but the deer continues to run 300 yards before dying. Before Joe can take possession of the carcass, Scott find the died animal and take possession of the deer. Who owns the deer?
Group of answer choices
Joe. He shoot the deer
Scott. He captured the deer
Joe and Scott jointly own the deer
Neither party owns the deer, it belongs to the State since it was killed on public land
5. Which of the following would be considered a fixture?
Group of answer choices
A tv that you mounted to the wall
A kitchen table
A nightstand
A floor lamp in the living room
6. Which of the following are included in the term real property?
Group of answer choices
The surface dirt
Water rights
Airspace
All of these
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