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PSI Exam Test Prep Questions and Answers with Certified Solutions

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PSI Exam Test Prep Questions and Answers with Certified Solutions A homeowner has negotiated with a neighbor to obtain the permanent right to pass over the northern part of the neighbor's land to gain access to the river. He pays the neighbor $9,000 for the right of access and receives a deed. This is an easement appurtenant A tenant rented an apartment, signing a 15-month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of leasehold does the tenant have? Tenancy at will The main difference between tenancy in common and joint tenancy is that with tenancy in common, when a co-owner dies, his undivided interest passes to his heirs Although states make specific laws governing water rights and the rights in land that borders water, most states generally follow one of two basic doctrines regarding water rights. Either riparian and littoral rights are automatically conveyed with property, or all water rights are controlled by the state under the doctrine of prior appropriation. The doctrine of prior appropriation is MOST likely to be followed in states where water is scarce A legal easement can be created by any of the following EXCEPT merger of the titles

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PSI Exam Test Prep Questions and
Answers with Certified Solutions
A homeowner has negotiated with a neighbor to obtain the permanent right to pass over the

northern part of the neighbor's land to gain access to the river. He pays the neighbor $9,000 for

the right of access and receives a deed. This is an easement ✔✔appurtenant




A tenant rented an apartment, signing a 15-month lease. After the lease expired, the tenant paid 1

month's rent and got a receipt. What kind of leasehold does the tenant have? ✔✔Tenancy at will




The main difference between tenancy in common and joint tenancy is that with tenancy in

common, when a co-owner dies, ✔✔his undivided interest passes to his heirs




Although states make specific laws governing water rights and the rights in land that borders

water, most states generally follow one of two basic doctrines regarding water rights. Either

riparian and littoral rights are automatically conveyed with property, or all water rights are

controlled by the state under the doctrine of prior appropriation. The doctrine of prior

appropriation is MOST likely to be followed in states where ✔✔water is scarce




A legal easement can be created by any of the following EXCEPT ✔✔merger of the titles

, Legal descriptions using the government survey system are NOT generally used in ✔✔the

original 13 states




Real property can be converted to personal property by ✔✔severance




A lawsuit for inverse condemnation may be brought by ✔✔homeowner




Building codes are ✔✔ordinances that specify construction standards




A landowner wishes to build a neighborhood grocery store on a busy street in an area zoned for

residential use. Which of the following would MOST likely be used to obtain permission for this

store? ✔✔Conditional use permit or zoning variance.




An environmental impact statement typically describes the effects of a proposed project on

factors such as ✔✔public health and safety.




A deed restriction is applicable to the activities of ✔✔all owners, present and future

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