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CA ESCROW ELABORATION FLASHCARD EXAM QUESTIONS AND ANSWERS

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  • Course
  • CA ESCROW 2024-2025
  • Institution
  • CA ESCROW 2024-2025

CA ESCROW ELABORATION FLASHCARD EXAM QUESTIONS AND ANSWERS

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  • October 29, 2024
  • 75
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CA ESCROW 2024-2025
  • CA ESCROW 2024-2025
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CA ESCROW 2024-2025 ELABORATION
FLASHCARD EXAM QUESTIONS AND
ANSWERS



California's property ownership concepts have their roots in
a. French common law.
b. Spanish common law.
c. English common law.
d. none of these. - ANSWER c California's property ownership concepts have their roots in
English law. (p. 2)


The character of property interests and private property rights in California can be traced back
to
a. the French.
b. the Spanish.
c. the English.
d. none of these. - ANSWER b The character of property interests and private property rights in
California can be traced
back to the Spanish. (p. 2)


Spanish missions began sprouting up along the California coast, known at the time as part of
a. Lower California.
b. Baja California.
c. Alta California.


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,d. Alta Mexico. - ANSWER c Spanish missions began sprouting up along the California coast,
known at the time as
Alta California. (p. 2)


4. Following the Mexican-American War, title to properties was established under
a. the Treaty of Guadalupe Hidalgo.
b. the Treaty of Juan Valdez.
c. the provisions of the Bear Flag Agreement.
d. John C. Fremont. - ANSWER a Following the Mexican-American War, title to properties was
established under the
Treaty of Guadalupe of Hidalgo. (p. 2)


Property is considered
a.
either real, not capable of being moved, or personal, that which may be moved.
b.
real, whether movable or not, and personal.
c.
immovable.
d.
none of these. - ANSWER a Property is considered either real or personal. (p. 9)


Estates in real property are
a.
either free or not.
b.
either freehold or less than freehold.
c.

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,founded in French law.
d.
founded in Spanish law - ANSWER b Estates in property are either freehold or less than
freehold. (p. 11)


An estate for years
a.
is a lease with a specified termination date.
b.
is a month-to-month rental agreement.
c.
must always be for one year.
d.
both a and c. - ANSWER a Estate for years is a lease with a specified termination date. (p. 13)


An estate at will
a.
has no specified term.
b.
is always in writing.
c.
is for a specified term.
d.
is for greater than one year - ANSWER a An estate at will has no specified term. (p. 13)




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, Fee simple estates are
a.
transferable.
b.
perpetual.
c.
inheritable.
d.
all of these - ANSWER c Fee simple estates are inheritable. (p. 12)


A common interest or tenant's property is one
a.
with joint tenants.
b.
with community property with right of survivorship.
c.
with tenants in common.
d.
none of these. - ANSWER c A common interest property is one with tenants in common. (p. 10)


1. California CC Section 1000 specifies that property in the state of California
may be acquired in which of the following five ways?
a. Occupancy, Accession, Transfer, Will, and Procession
b. Occupancy, Recession, Transfer, Will, and Succession
c. Occupancy, Accession, Transfer, Will, and Succession
d. Accession, Transfer, Will, Succession, and Prevision - ANSWER c California Civil Code Section
1000 specifies that property in the State of California may be


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