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Kaplan University LAW HU300 Real Estate Law Quiz Unit 2

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Question;Real Estate Law Quiz Unit 2Unit 2: Unit 2: Concurrent Ownership, Condominiums, and Cooperatives - Quiz1. A joint tenancy with the right of survivorship can be created by a deed or a will. (Points: 2) True False2. Property acquired by a spouse by gift in a community property state is community property. (Points: 2) True False3. Which of the following is not one of the unities required for a joint tenancy with right of survivorship? (Points: 2) interest possession contribution time4. Each owner under a joint tenancy with right of survivorship owns an equal undivided interest in the property. (Points: 2) True False5. Property owned by a spouse before marriage in a community property state becomes community property at the time of marriage. (Points: 2) True False6. The survivorship feature of a joint tenancy with right of survivorship can be terminated by the parties. (Points: 2) True False7. A common owner cannot waive his or her right to partition. (Points: 2) True False8. It is possible in a tenancy in common that the owners may hold unequal shares in the property. (Points: 2) True False9. The debts of a single common owner are unenforceable against the owner's interest in the common property. (Points: 2) True False10. Property owned by a spouse before marriage in a community property state is separate property. (Points: 2) True False

 

Paper#59132 | Written in 18-Jul-2015

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