Chapter 7

Chapter 7

Kasper Hovannisian

1. What is a lien claim filed in public records?

A. Judgement lien

B. Perfect pg.185

C. Mechanics lien

D. Deed restriction

2. Legally combining two adjacent properties into a single parcel is:

A. Deed restriction

B. Community Property

C. Assemblage pg.182

D. Devisable

3. The governments right to take private property for the benefit of the public is:

A. Eminent domain pg.165

B. Condemnation

C. Police power

D. Regulatory taking

4. If a person dies without a valid will it is known as testate.

T/F Dying without a will is known as intestate. Dying with a will is known as testate. pg.171

5. All property that is not real property is personal property.

T/F pg.172

6. The ownership rights to occupy and use the surface of real estate is known as subsurface rights.

T/F This is known as surface rights while subsurface rights is the ownership of the area underneath your property's surface. pg.176-177

7. The right to use an unowned property is known as an easement.

T/F pg.179

8. Your car, clothes, and computer are examples of personal property.

T/F pg.172