Under the federal Lead Based Paint Hazard Reduction Act, the following is true
A disclosure statement must be attached to all sales contracts and leases involving properties built before 1978
What do UFFI, lead based paint and asbestos have in common
All were used in residential housing built in the 1970s
The law that contains the broadest liabilities for environmental clean up is the
Which do NOT have liability under the environmental law?
Real Estate Educators
When attempting to discover environmental hazards in real estate transactions, licenses can do several things to minimize their professional liability. The following is not adviseable
Conducting their own environmenttal inspections
The residentail Lead-Based paint Hazard Reduction Act requires
The seller and the seller's agent to distribute a federal lead hazard pamphlet
The most common source of lead poisoning is
paint and plumbing
Many state determine water use by aollocating water users who hold recorded beneficial use permits. This type of water privlidge is
The docterine of prior appropriation.
The following are powers of the goverenment
Property deeded to a school for educational purposed only conveys a
Fee Simple on condition subsequent
A neighbor has the legal right to pass over the land owned by his neighbor. This is called
A man conveys ownership of his residence to his daughter but reserves for himself a life estate in the residence. The interest the daughter owns during her father's lifetime is
A Future interest
An owner has fenced his propety. By mistake, the fence extends on foot over his lot line onto the property of a neighbor. The fence is an example of an
A person has permisison from a property owner to hike on the owner's property during the summer. THe hiker has
Which is a characteristic of appurtenant easement?
Runs with the land
A tenant in an apartment holds a
The aquisition of land through deposit of soil or sand washed up by water is called
The type of easement that is a right of way for a utility company's power lines is an
easement in gross
A landowner has divided much of his land into smaller parcels and has recently sold a tract near a nature preserve that is land locked and cannot be entered except through one of the other tracts. What type of easement will be granted to the buyer of that property by court action?
Easement of necessity.
The following will terminate an easement
Nonuse of a perscriptive easement
Adverse possession by the owner of the servient easement
Abandonment of easement
NOT release of the right of easement to the dominant tenenet.