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Exam (elaborations)

OREGON REAL ESTATE LAW QUESTIONS WITH CORRECT ANSWERS

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  • OREGON LAWS
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  • OREGON LAWS

OREGON REAL ESTATE LAW QUESTIONS WITH CORRECT ANSWERS

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  • January 6, 2025
  • 33
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • OREGON LAWS
  • OREGON LAWS
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OREGON REAL ESTATE LAW
QUESTIONS WITH CORRECT ANSWERS
2JHtypesJHofJHpropertyJHownershipJH-JHANS--personalJHproperty
realJHproperty

boundariesJHwithinJHaJHparcelJHandJHoneJHofJHtheJHbasicJHcomponentsJHofJHrealJHprope
rtyJH-JHANS--land

landJHandJHanythingJHpermanentlyJHaffixedJHtoJHtheJHlandJH(fixtures)JH-JHANS--
realJHestate

includesJHland,JHfixturesJHattachedJHtoJHtheJHland,JHrightsJHandJHprivilegesJHassociatedJ
HwithJHtheJHland,JHandJHanyJHappurtenanceJH(attachedJHrightJHorJHproperty)JHassociate
dJHwithJHtheJHlandJH-JHANS--realJHproperty

include:JH
airJHrightsJH
waterJHrightsJH
mineralJHrightsJH
oilJHrightsJH
surfaceJHrightsJH-JHANS--appurtenances

includedJHwithJHtheJHtitleJHtoJHtheJHrealJHestate.JHtheJHperson,JHtrust,JHorJHcorporationJH
thatJHholdsJHtitleJH(ownership)JHtoJHpropertyJHhasJHallJHtheJHrightsJHgrantedJHanJHowner
JHbyJHlocalJHgovernment.JHthisJHpersonJHisJHrecordedJHasJHtheJHtitleJHholderJHwithJHtheJ
HcountyJHinJHwhichJHtheJHpropertyJHisJHlocated.JH-JHANS--bundleJHofJHrights


theJHrightJHtoJHoccupyJHandJHuseJHtheJHlandJHasJHdesired/
subjectJHtoJHlocalJHgovernmentJHregulationsJH(zoning)/
includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--rightJHtoJHpossession/occupy

ownerJHhasJHtheJHrightJHtoJHenjoyJHtheJHlandJHandJHthisJHnorJHtheJHintendedJHuseJHofJH
theJHlandJHcannotJHbeJHtakenJHaway/includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--
rightJHtoJHenjoyment

theJHrightJHtoJHbuild,JHdevelop,JHandJHexpandJHownedJHproperty/
localJHgovernmentsJHhaveJHaJHsayJHinJHthis/federalJHgovernmentJHcanJHgetJHinvolved/
includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--rightJHtoJHcontrol/develop

ownersJHcanJHsellJHtheirJHpropertyJHandJHgrantJHtitleJHtoJHanother/
governmentJHcanJHpreventJHtheJHsaleJHofJHproperty/
includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--theJHrightJHtoJHsell

,theJHrightJHtoJHgiveJHpropertyJHaway/sellJHoffJHportionsJHofJHproperty/
preventJHtrespassing/includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--
theJHrightJHtoJHdispositionJHandJHexclusion

theJHrightJHtoJHobtainJHaJHloanJHwithJHaJHlienJHonJHtheJHpropertyJH(mortgage),JHownerJH
contract,JHorJHdeedJHofJHtrust/includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--
theJHrightJHtoJHfinanceJHproperty

theJHrightJHtoJHgrantJHuseJHofJHtheJHlandJHtoJHothers/
includedJHinJHtheJHbundleJHofJHrightsJH-JHANS--rightJHtoJHtheJHuseJHofJHland

hasJHtoJHdoJHwithJHtheJHuseJHofJHlandJHbyJHaJHneighborJH(theJHneighborJHrequiresJHaJH
specificJHuseJHofJHtheJHproperty)JH-JHANS--easement

implementedJHbyJHtheJHdeedJHconveyingJHownerJHtoJHbuyerJH-JHANS--
covenantJH(promise)

anJHownerJHhasJHtheJHrightJHtoJHabandonJHpropertyJH-JHANS--abandon/
JHabandonmentJHofJHproperty


theJHrightJHtoJHpassJHpropertyJHontoJHheirs,JHcharities,JHacquaintances,JHetc.JHatJHdeat
hJH-JHANS--passJHonJHpropertyJHtoJHheirs

mostJHcommonJHexampleJHisJHzoningJH-JHANS--governmentJHrestrictions

-consistsJHofJHeverythingJHthatJHisJHnotJHrealJHproperty
-canJHbeJHusedJHasJHcollateralJH
-shouldJHbeJHdescribedJHinJHdetailJHinJHtheJHpurchaseJHandJHsaleJHagreementJH-
JHANS--personalJHpropertyJH(chattel,JHpersonalty,JHmvable)


usedJHtoJHtransferJHownershipJHofJHrealJHpropertyJH-JHANS--deed

usedJHtoJHtransferJHownershipJHofJHpersonalJHproperty
-
stateJHtheJHownershipJHofJHtheJHpersonalJHpropertyJHisJHbeingJHtransferredJHtoJHtheJHbu
yerJH
-beJHsignedJHbyJHtheJHseller(s)
-describedJHinJHdetailJHtheJHpropertyJHthatJHisJHbeingJHtransferredJH
(includesJHfreeJHstandingJHfixtures)JH-JHANS--billJHofJHsale

ifJHanJHitemJHisJHnotJHclearlyJHrealJHorJHpersonalJHpropertyJHANDJHtheJHbuyerJHdoesJHn
otJHwantJHit,JHtheJHitemsJHshouldJHbeJHlisted...JH-JHANS--
inJHtheJHpurchaseJHandJHsaleJHagreementJHasJHexcludedJHinJHtheJHsale

inJHtheJHsaleJH=JHdeed

,theJHlienJH=JHnoteJHandJHaJHdeedJHofJHtrust/mortgageJH-JHANS--realJHproperty

inJHtheJHsaleJH=JHbillJHofJHsaleJH
theJHlienJH=JHsecurityJHagreementJH-JHANS--personalJHproperty

specifiesJHproceduresJHthatJHshouldJHbeJHusedJHwhenJHpersonalJHpropertyJHisJHtransfer
redJH
-adoptedJHinJH1952
-createsJHaJHstandardJHofJHlawsJHamongJHtheJHstatesJH
-
JHaJHrecommendationJHofJHlawsJHthatJHareJHmodifiedJHandJHadoptedJHasJHtheJHactualJHl
awJHinJHeachJHstateJH-JHANS--uniformJHcommercialJHcodeJH(UCCJHorJH"theJHcode")

createsJHaJHlienJHagainstJHitemsJHofJHpersonalJHpropertyJHandJHmakesJHpersonalJHprop
ertyJHcollateralJHforJHtheJHloanJH-JHANS--securityJHagreement

rightJHtoJHsupportJHfromJHadjacentJHpropertiesJH-JHANS--lateralJHsupportJHrights

rightJHtoJHsupportJHfromJHtheJHunderlyingJHearthJH-JHANS--subjacentJHsupportJHrights

waterJHandJHMOGJHrightsJH(realJHpropertyJHthatJHcanJHbecomeJHpersonalJHpropertyJHifJ
HsoldJHbyJHtheJHpropertyJHowner)JH-JHANS--subsurfaceJHrights


theJHrightJHtoJHtheJHspaceJHaboveJHtheJHlandJHifJHitJHdoesJHnotJHinterfereJHwithJHnationa
lJHairJHtrafficJHcontrolJH-JHANS--airJHrights

theJHstateJHownsJHtheJHsubmergedJHandJHsubmersibleJHlandJHunderlyingJHallJHnavigabl
eJHstreams,JHrivers,JHandJHlakesJHandJHwaterwaysJHsubjectJHtoJHtidalJHinfluenceJH(exce
ptJHparcelsJHsoldJHsinceJHstatehoodJHorJHreservedJHbyJHtheJHfederalJHgovJHbeforeJHstat
ehood)JH-JHANS--oregonJHstateJHownershipJHofJHnavigableJHwaterways

atJHtheJHtimeJHofJHoregonJHstatehoodJHinJH1859;
wasJHusedJHorJHwasJHsusceptibleJHtoJHbeingJHused;JH
inJHitsJHnaturalJHandJHordinaryJHcondition;JH
asJHaJHhighwayJHofJHcommerce;
overJHwhichJHtradeJHandJHtravelJHwere,JHorJHcouldJHhaveJHbeenJHconducted;
byJHaJHmodeJHofJHtradeJHandJHtravelJHonJHwaterJHthatJHwasJHcustomaryJHinJH1859JH-
JHANS--navigableJHwaterwayJHinJHtheJHstateJHofJHoregon


-
throughJHtheJHconductJHofJHaJHnavigabilityJHstudyJHconductedJHbyJHtheJHDepartmentJHo
fJHStateJHLands
-determinationJHbyJHaJHcourtJHofJHcompetentJHjurisdictionsJH-JHANS--
determinesJHtheJHnavigabilityJHofJHaJHwaterway

-departmentJHreceivesJHaJHrequestJH

, -onlyJHlandJHboardJHcanJHauthorizeJHtheJHstudyJHtoJHtakeJHplaceJH
-
historicalJHdocs,JHsurveys,JHtestimonies,JHhearingJHdetermineJHtheJHhistoryJHofJHtheJHw
aterway
-infoJHanalyzedJHandJHpresentedJHtoJHtheJHlandJHboardJHforJHconsiderationJH
-landJHbardJHdecidesJHnavigabilityJH
-
methodJHofJHlastJHresortJHandJHlandJHboardJHonlyJHdirectsJHtheJHstudyJHifJHthereJHisJHa
nJHeconomicJHjustificationJHsubstantialJHpublicJHinterestJH-JHANS--
navigabilityJHtestJHbyJHdepartmentJHofJHstateJHlands

-
theJHrightJHtoJHhaveJHreasonableJHuseJHofJHwaterJHthatJHflowsJHthroughJHorJHadjacentJH
toJHaJHpropertyJH
-
ifJHaJHnavigableJHwaterway,JHtheJHgovernmentJHownsJHlandJHunderwaterJHandJHtheJHrip
arianJHlandownerJHownsJHtheJHlandJHtoJHtheJHmeanJHhighJHwaterJHmarkJHofJHtheJHshor
eJH
-ifJHnon-
navigableJHriparianJHownsJHlandJHunderwaterJHtoJHtheJHmidpointJHofJHtheJHstreamJHbed
-
upstreamJHlandownersJHcannotJHsubstantiallyJHdiminishJHtheJHflowJHofJHtheJHwaterwayJ
H
-cannotJHuseJHwaterJHforJHlandJHnotJHadjacentJHtoJHitJH-JHANS--riparianJHrights

-waterJHbesideJHaJHlakeJH
-entitledJHtoJHuseJHtheJHwaterJHforJHrecreationalJHpurposesJH
-haveJHlakeJHmaintainedJHatJHitsJHnaturalJHlevelJH
-JHhaveJHnaturalJHpurityJHofJHwaterJHmaintainedJH
-ifJHnon-
navigableJHeachJHownerJHownsJHaJHportionJHofJHtheJHlakeJHbedJHthatJHisJHadjacentJHtoJ
HtheirJHpropertyJH
-cannotJHuseJHwaterJHforJHlandJHnotJHadjacentJHtoJHitJH-JHANS--littoralJHrights

automaticJHrightJHofJHtheJHownerJHtoJHuseJHtheJHwaterJHformJHadjacentJHwaterJHsourceJ
HnotJHincludedJHinJHtheJHdeedJHtoJHtheJHpropertyJHandJHnotJHrecordedJH-JHANS--
riparianJHrightsJHsystem

-replacedJHtheJHriparianJHandJHlittoralJHrightsJHsystemJHinJHoregonJH
-notJHdependentJHonJHlandJHownershipJH
-
mustJHfileJHanJHapplicationJHwithJHtheJHstateJHandJHownerJHdoesJHnotJHhaveJHautomatic
JHrightJHtoJHuseJHofJHtheJHwater
-
usuallyJHincludesJHwhereJHtheJHbodyJHofJHwaterJHmayJHbeJHdivertedJHfrom,JHtheJHpointJ
HofJHdiversion,JHtheJHperiodJHofJHtimeJHtheJHrightsJHmayJHbeJHexercised,JHtheJHmaxJHqu
antityJHofJHwaterJHtoJHbeJHusedJH

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