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Real Estate Law Online Quiz

Description: Real Estate Law # Business Law
Number of Questions: 20
Created by:
Tags: business law
Attempted 0/20 Correct 0 Score 0

Execlusive right to make, use , and sell a novel, nonobvious, useful product or process

  1. Patent

  2. Copyright

  3. Trademark


Correct Option: A

Exclusive right to produce, sell , copy, or publish the permanent expression of a creative work

  1. Trademark

  2. Copyright

  3. Service Mark

  4. Fair Use


Correct Option: B

Ownership of property by one person alone

  1. Sole Proprietorship

  2. Accession

  3. Severalty

  4. Community Property


Correct Option: C

Co-Owners of property w right of survivorship available to persons who are not husband and wife

  1. Right of Partition

  2. Joint Tenancy

  3. Partnership

  4. Right of Survivorship


Correct Option: B

Rights and interests in tangible and intangible things

  1. Property

  2. Real Property

  3. Personal Property


Correct Option: A

Rights and interests in land, buildings, and fixtures

  1. Real Property

  2. Person Property


Correct Option: A

Right of an owner of property to have an increase in/on the property

  1. Patent

  2. Copyright

  3. Trademark

  4. Accession


Correct Option: D

Co-Ownership of property without the right of survivorship is Tenancy in __________.

  1. Entireties

  2. Common


Correct Option: B

What item would be known to be "affixed" in this room

  1. Computers

  2. Chalkboard

  3. Garbage Cans

  4. Printer


Correct Option: B

When you co-own property you need "consent" of the other person to sell the property

  1. Tenancy by Entireties

  2. Severalty

  3. Joint Tenancy

  4. Tenancy in Common


Correct Option: A

When you co-own property but when somone passes away it is passed on to their beneficiaries

  1. Joint Tenancy

  2. Severalty

  3. Survivorship

  4. Tenency in Common


Correct Option: D

Ownership by an individual person is known as

  1. Tenancy in Common

  2. Tenancy as Individual

  3. Severalty

  4. Tenancy of Entirity


Correct Option: C

You add a garage onto your home it becomes part of your property through

  1. Contract

  2. Accession

  3. Occupancy

  4. Ownership


Correct Option: B

When you find a puppy in the neighborhood and no one claims it you acquiry it through

  1. Finding

  2. Gift

  3. Accesssion

  4. Inheritance


Correct Option: A

An Example of Intellectual Labor used in acquiring property is through

  1. Title of Ownership

  2. Through Surviorship

  3. Through a Will

  4. By Copyrights


Correct Option: D

You Acquiry ownership through

  1. Contract

  2. Gift

  3. Inheritance

  4. All of the Above


Correct Option: D

When you can touch a specific item in the home it is a _____________ item.

  1. Tangible

  2. InTangible


Correct Option: A

Alienation of a property means to

  1. Purchase a Home

  2. Add a Garage

  3. Sell a Home


Correct Option: C

Ownership of a House gives you the right to Possess and Enjoy it

  1. True

  2. False


Correct Option: A

The carpet in a home is Real or Personal Property

  1. Real

  2. Person


Correct Option: A
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