1. T/F John and Betty own property as tenants by the entirety. If Betty chooses, she may convey her interest in the property to her sister, Susan.

2. T/F If you want your share of a bank account which is titled in your name and your friend's name to go to your heirs when you die, you should hold title with your friend as "tenants in common."

3. T/F

Adam has bought a very expensive fountain for his backyard. He places it in the middle of the lawn adding gravel and paving stones around it. He also runs a water line to it beneath the ground so the fountain will work in the summer. Finally, Adam builds a slate walkway from his patio to the fountain. After entering into a contract to sell his house, Adam winds up in a dispute with his buyer. The buyer claims the fountain is a fixture because of all the landscaping Adam has done. Adam claims the fountain is easily removable and was expensive so it isn't a fixture and he can take it with him when he moves. Adam is correct.

4. T/F Regardless of whether property is mislaid or lost, the finder will acquire title to the property as against the entire world, except the true owner.

5. T/F Donna calls Jane and tells her she just won a new 2010 Honda and, as a result, Donna wants to give Jane her old 1998 Nissan. Jane is thrilled because she doesn't have a car and thanks Donna for her generosity. The next day while Donna is driving to Jane's house to give her the car, Donna has a heart attack and dies. The car was not damaged. Jane sues Donna's estate to recover the car claiming a valid gift inter vivos was made. Jane is