CRES LAW & Practice 3 Exam Questions with Correct Answers

CRES LAW & Practice 3 Exam
Questions with Correct Answers
AnAEasementAthatAisAnotAcreatedAforAtheAbenefitAofAtheAlandAownedAbyAtheAownerAofAtheAe
asement,AbutAthatAattachesApersonallyAtoAtheAeasementAownerAisAknownAasAanA-
AAnswerAEasementAinAGross



MrABrownAandAMrsABrownAheldAtitleAasAtenantsAinAcommonAtoAtheAfamilyAhome.AMrsABrow
nAwantedAaAnieceAtoAinheritAherAshareAofAtheApropertyAwhenAsheAdied,AbutAsheAdidAnotAwa
ntAtoAtellAherAhusband.soAsheAmadeAoutAaAproperAdeedAconveyingAherAinterestAtoAherAniece,
AwithAherAsignatureAdulyAacknowledged,AandAgaveAitAtoAaAcloseAfriendAwhoAagreedAtoAhand
AitAoverAtoAtheAnieceAafterAMrs.ABrownsAdeath.AMrs.ABrownAdied,AandAtheAfriendAcarriedAou
tAtheAinstructions.ATheAdeedAwasA:A-
AAnswerAInvalid,AtheAdeedAneededAtoAbeAdirectlyAdeliveredAorArecordedAwhileAMrs.ABrownA
wasAalive.


InAorderAtoAbeAvalid,AaAdeedAmustA-AAnswerABeAinAwriting


TheAphraseA"toAhaveAandAtoAhold"AwouldAappearAinAaAdeedAinAtheA-
AAnswerAHabendumAclause



AnAundividedAinterestAheldAbyAtwoAorAmoreAparties,AwithoutAtheArightAofAsurvivorshipAisA-
AAnswerATenancyAinAcommon



JointAtenancyAandAtenancyAinAcommon,AareAtwoAwaysAtoAownApropertyAconcurrentlyAwithAso
meoneAelse.AHowAdoesAjointAtenancyAdifferAfromAtenancyAinAcommon?A-
AAnswerAJointAtenancyAhasAtheArightAofAsurvivorship,AandAtenancyAinAcommonAdoesAnot



WhatAisAaAlifeAestateA-
AAnswerAPropertyAgivenAforAtheAdurationAofAanAindividual'sAlifeAtime



AApartAofAPhilAWilsonsApropertyAisAonAtheABowersAland;AthisAisAcalledAanA-
AAnswerAEncroachment



TheAabsoluteAownershipAofAaAunitAinAaAmultiAunitAbuilding,AbasedAonAaAlegalAdescriptionAof
AtheAairspaceAtheAunitAactuallyAoccupiesAisAaA-AAnswerACondominium

, TitleAtoArealApropertyAusuallyApassesAtoAtheAgranteeAwhenAtheAdeedAisA-
AAnswerADeliveredAandAaccepted



TheAgovernmentAmustAmeetAallAofAtheAfollowingArequirementsAinAorderAtoAexerciseAtheAright
sAofAeminentAdomainAduringAcondemnationAexceptA-
AAnswerAObtainAtheAconsentAofAtheApropertyAowner



TheAparentsAdieAandAtheAthreeAchildrenAwantAtoApurchaseAtheAhomeAwithAtheAstipulationAtha
tAtheAlastAchildAtoAsurviveAwillAhaveA100%AownershipAofAtheAhouse.AHowAshouldAtheyAtakeA
titleAtoAfacilitateAthisA-AAnswerAJointAtenancy


WhichAoneAofAtheAfollowingAisAnotAaApoliceApowerA-AAnswerALiens


TheAclausesAinAaAdeedAthatAlimitAtheAfutureAusesAofAaApropertyAareAknownAasA-
AAnswerADeedArestrictions



AApersonAwhoAownsAaAfeeAsimpleAinterestAinAaAunitAinAaAmultiunitAbuildingAtogetherAwithAa
AspecifiedAundividedApercentageAofAallAcommonAelementsAwouldAbeAtheAownerAofAaA-
AAnswerACondominium



AAcourtAproceedingAinAwhichAanAownershipAinterestAofAtwoAorAmoreApersonsAisAbrokenAupAit
'sAcalledA-AAnswerAPartition


TheAjointAownershipAthatAisArecognizedAinAsomeAstatesAbutAnotAColorado,AofApropertyAacquir
edAbyAhusbandAandAwifeAduringAmarriageAisAknownAasA-AAnswerATenancyAbyAentirety


WhichAoneAofAtheAfollowingAdeedsAcontainsAtheAmostAcovenantsA-AAnswerAGeneralAwarranty


WhichAofAtheAfollowingAwouldAbeAconsideredAcommunityApropertyA-
AAnswerAIncomeAearnedAbyAaAspouseAduringAtheAmarriage



theAmostAcomprehensiveAtypeAofAownershipAofAlandAisA-AAnswerAAAfeeAsimpleAestate


WhenAaAlifeAestateAterminatesAaApersonAinheritsAwhateverAremainsAinAaAnewAestate.ATheAna
meAofAtheAestateAwhichAremainsAisAreferredAtoAasA-AAnswerATheAremainderAestate