Evan wants to buy a home, but he is worried that the home is located in a flood zone. Evan wants the seller to provide a report on whether the home is located in a flood zone or not. What type of report is Evan requesting? (Chapter 13)
Carrie decides to rent out her property to Dean. Carrie draf…
Carrie decides to rent out her property to Dean. Carrie drafts up a lease that states the following language: Carrie Carrieson eases and rents out her property located at 123 Number Road located in Starkvegas, Mississippi, to Darren Darrenson. Darren Darrenson shall live in the premises from August 1, 2022 through July 31, 2023. Is this a freehold or nonfreehold estate? (Chapter 2)
A/an ____________________________________ can be created exp…
A/an ____________________________________ can be created expressly when the parties agree to a lease of property, but provide no time period at all for the lease. (Chapter 9) (2.5 Points)
Elbert is a home owner and wants to sell his property. Seve…
Elbert is a home owner and wants to sell his property. Several brokers come forward who offer to sell Elbert his home. Specifically, Francis, James, and Kevin are the potential brokers. Elbert has a hard time deciding which broker to choose from, so Elbert decides to list his property with all three brokers. On January 1, 2015, Elbert lists his property with Kevin. On February 3, 2015, Elbert lists his property with Francis. Finally, on February 28, 2015, Elbert lists his property with James. On March 3, 2015, Francis gets an offer from a potential buyer on the home. On March 15, 2015, Kevin receives an offer on the home. On March 29, 2015, James receives an offer on the home. All three transmit their offers to Elbert, and Elbert decides to go with James’s deal. What type of broker arrangement has Elbert created? (Chapter 12) (2.5 Points)
Relating back to the question above, Dale changes his mind a…
Relating back to the question above, Dale changes his mind and decides to, instead, deed over his property to Alfred and Banks but make them joint tenants instead of tenants in common. As his attorney, what language would you advise writing in the deed to make it clear that Alfred and Banks are receiving Dale’s property as joint tenants? (Chapter 8)
Notice does not have to be given to terminate a tenancy at w…
Notice does not have to be given to terminate a tenancy at will. (Chapter 9)
Relating back to the question above, a court could order the…
Relating back to the question above, a court could order these damages even if Taylor and Ursula did not agree to them in writing prior to the breach. (Chapter 13)
Language in a deed states: To Gary and Harry. This la…
Language in a deed states: To Gary and Harry. This language indicates that this property will be: (Chapter 8)
Calvin rents out his apartment to Darren. Darren and Calvin…
Calvin rents out his apartment to Darren. Darren and Calvin sign a lease. Inside the lease it says that Darren will be able to live in the apartment from August 1, 2022, through July 31, 2023. In October, 2022, Darren dies. Darren’s parents, Ellen and Frank, come forward and tell Calvin that they want to move into Darren’s apartment and take over his lease. Calvin comes to you, his attorney, and tells you that he doesn’t want Ellen and Frank to take over the lease. Calvin wants to know whether Ellen and Frank have the right to take over their deceased son’s lease. Do they have any legal rights to do this? (Chapter 9) (2.5 Points)
A/an ______________________________________ is a method of…
A/an ______________________________________ is a method of co-ownership that is a joint tenancy between husband and wife. (Chapter 8) (2.5 Points)