Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

8. Which of the following statements is true of a life estate? A. It gives a person the right to have someone who owns an

8. Which of the following statements is true of a life estate? A. It gives a person the right to have someone who owns an adjoining piece of property refrain from making certain uses of his or her land. B. It does not hold a person owning a life estate liable if he commits acts that will result in permanent injury to the property. C. It gives a person the right to use property for an indefinite period. D. It gives a person the right to use property only for his own lifetime or for a time that is measured by the lifetime of somebody else. 9. An easement granted through an express agreement: A. is not covered by the statute of frauds. B. is required to be in writing to be enforceable. C. is enforced no differently than an implied easement. D. is not executed with the same formality as a grant of a fee simple interest in real property. 10. Which of the following is an example of community property? A. Property acquired during the marriage through a spouse's industry or efforts B. Property a spouse owned before the marriage C. Property acquired by a spouse during the marriage as a gift or by inheritance D. Property exchanged for separate property 11. Ivan owned a house in Florida. He died without making a valid will, and therefore, the property passed to his son, Mario. The method by which Mario acquired the property is called _____. A. acquisition by will B. acquisition by inheritance C. acquisition by gift D. acquisition by adverse possession

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

How To Prepare Perform And Pass An ISO 9001 2015 Audit

Authors: Rhys J Mitchell

2020 Edition

B085KBSW66, 979-8618615969

More Books

Students also viewed these Accounting questions

Question

Draw a use-case diagram for the system in exercise

Answered: 1 week ago