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Real Estate Law 11th Edition By Jennings - Test Bank R419,05   Add to cart

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Real Estate Law 11th Edition By Jennings - Test Bank

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Chapter 03 Extent of Real Estate Interests TRUEFALSE 1. Land ownership includes air rights and subsurface rights. (A) True (B) False Answer : (A) 2. Air rights and subsurface rights cannot be conveyed independently. (A) True (B) False Answer : (B) 3. Because a landowner owns the airspace abo...

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  • August 29, 2023
  • 596
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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,Chapter 01 Introduction and Sources of Real Estate Law

TRUEFALSE

1. State statutes are the only reliable source of real estate law.

(A) True

(B) False

Answer : (B)


2. Ordinances are generally enacted by state legislatures.

(A) True

(B) False

Answer : (B)


3. The Code of Federal Regulations is passed by Congress.

(A) True

(B) False

Answer : (B)


4. Both the state and U.S. constitutions have provisions relating to real estate.

(A) True

(B) False

Answer : (A)


5. The Consumer Financial Protection Bureau is an example of a federal agency charged with
enforcing a federal legislative enactment.

(A) True

(B) False

Answer : (A)


6. The Real Estate Settlement Procedures Act is part of the United States Code.

(A) True

,(B) False

Answer : (A)


7. All federal regulations have a statutory basis in the United States Code.

(A) True

(B) False

Answer : (A)


8. The common law of the United States originated in England.

(A) True

(B) False

Answer : (A)


9. Judicial decisions make up part of the common law.

(A) True

(B) False

Answer : (A)


10. Judicial interpretations of statutes are as much the law as the statutes themselves.

(A) True

(B) False

Answer : (A)


11. Legislative intent is an important factor used by courts in statutory interpretation.

(A) True

(B) False

Answer : (A)


12. Private laws need not comply with constitutional protections.

(A) True

(B) False

, Answer : (B)


13. Contracts are an example of private law.

(A) True

(B) False

Answer : (A)


14. The rights of property owners in eminent domain proceedings are covered in the U.S.
Constitution.

(A) True

(B) False

Answer : (A)


15. The Fourth Amendment provides privacy protections for property owners.

(A) True

(B) False

Answer : (A)


16. Real estate licensing laws are found at the federal level.

(A) True

(B) False

Answer : (B)


17. State laws on real estate cannot violate the U.S. Constitution.

(A) True

(B) False

Answer : (A)


18. The Internal Revenue Code is part of the Code of Federal Regulations.

(A) True

(B) False

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