Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/25

Click to flip

25 Cards in this Set

  • Front
  • Back
Which of the following is a right that results from ownership in a particular parcel of real estate?

A. easement appurtenant
B. police power
C. license
D. condemnation
A. easment appurtenant
All of the following statements about easements are true except:

A. an easement provides a nonpossessory interest in land B. a servient tenement is the land burdened by an easement C. a dominant tenement is the land nbenefited by an easement D. an easement appurtenant is terminated by transfer of the benefited tenement
D. an easement appurtenant is terminated by the transfer of the benefited tenement
Property owner A held an enforceable right to prevent property owner B from erecting a structure that would interfere with the passage of light and air to A's property. This right is a(n):

A. implied easement
B. easement by necessity
C. easement by presription
D. negative easement
D. negative easement
Easements may be created in all of the following ways except:

A. condemnation
B. dedication
C. prescription
D. assessment
D. assessment
An easement may be terminated by all of the following except:

A. merger
B. death
C. grant or deed of release
D. abandonment
B. death
A property owner gives another person permission to fish in a lake on the property. The permission is a temporary privilege and exists in the form a(n):

A. license
B. easement
C. lease
D. appurtenence
A. license
The creation of an easement by condemnation results from the exercise of:

A. prescription
B. eminent domain
C. dedication
D. implication
B. eminent domain
Liens, easements, encroachments, and restrictive covenants are all examples of:

A. emblements
B. estovers
C. estates
D. encumbrances
D. encumbrances
All of the following are examples of specific liens except:

A. mortgage
B. mechanic's lien
C. income tax lien
D. vendor's lien
C. income tax lien
Creditor A, whose lien is secured by Smith's property, obtained a judgement against Smith on July 10; Banker B lent money to Smith and took back a mortgage on August 1; Creditor C obtained a judgement for failure to pay child support on August 20. Which of the above-listed liens will be paid first at foreclosure?

A. Creditor A
B. Banker B
C. Creditor C
D. they will all be paid on a pro rata basis
A. Creditor A
Which of the following liens will receive priority in payment at foreclosure:

A. inheritance tax
B. income tax
C. estate tax
D. property tax
D. property tax
All of the following statements are true rgarding real estate property taxes in Illinois except:

A. market value X the assessed rate = assessed value
B. assessed value X the equalization factor = the equalized assessed value
C. real property sold at a tax sale may be redeemed by the owner within a specified period of time
D. an Illinois counties assess all classifications of real property at 33 1/3 percent of its fair market value
D. an Illinois counties assess all classifications of real property at 33 1/3 percent of its fair market value
To enforce restrictive convenants in a subdivision, a landowner will bring legal action for:

A. trespass
B. nuisance
C. injunction
D. eviction
C. injunction
The doctrine of merger in easements means:

A. the dominant tenement is larger and more valuable than the srevient tenement
B. the servient tenement must allow the dominant tenement complete access
C. the easement will be terminated when the dominant tenement and the servient tenement are owned by the same person
D. the easement is an easement in gross and is utilized by all the governement agencies in the jurisdiction for delivering utility services.
C. the easement will be terminated when the dominant tenement and the servient tenement are owned by the same person
The court order directing the sheriff to seize the property of a debtor to satisfy a judgement is called:

A. satisfaction of judgement B. writ of execution
C. release of judgement
D. surrender of judgement
B. writ of execution
An easement can be extinguished by all of the following except:

A. the servient tenement
B. the dominant tenement
C. the merger of the tenements D. abandonment
A. the servient tenement
Permission to go onto the land of anotehr for a specific purpose is called:

A. lien
B. license
C. profit
D. easement
B. license
Which of the following liens has priority over the others?

A. general real estate taxes
B. federal income taxes
C. first mortgage or first trust deed leins
D. judgements
A. general real estate taxes
An act of taking land by the government is called:

A. condemnation
B. eminent domain
C. escheat
D. taxation
A. condemnation
Escheat occurs when a person dies:

A. testate with no living heirs
B. intestate with no living heirs
C. in an accident with no living heirs
D. intestate and has never been married
B. Interstate with no living heirs
Jones, an Illinois real property owner, died intestate and did not leave any traceable heirs. Jones's property will:

A. be disposed of according to U.S. Laws of Descent and Distribution
B. escheat to the state
C. escheat to the county which the property is located
D. be claimed by adverse possession
C. escheat to the county which the property is located
The government's right to protect the health and welfare of the public is called:

A. public policy
B. police power
C. public domain
D. police justice
B. police power
When zoning laws create problems for a landowner:

A. the land owner wil receive compensation with the passage of the laws
B. payment will be made to the land owner under the rule of eminent domain
C. no compensation is dictated by law
D. a variance will be granted in lieu of compensation
C. no compensation is dictated by law
Mechanics' liens in Illinois:

A. attach as of the date of the contract or the date the work was begun
B. are illegal
C. can be filed any time after the work is completed
D. can be filed only by the general contractor
A. attach as of the date of the contract or the date the work was begun
A carpenter who does NOT expect to be paid for his work can file a:

A. carpenter's equity lien
B. specific lien
C. mechanic's lien
D. materialman's lien
C. mechanic's lien