1) What is the primary difference between a fee simple absolute estate and a qualified fee estate?

2) Madeline has an opportunity to invest in either a cooperative or condominium. What are the differences between these types of ownership?

3)Dick agrees to rent a two bedroom house from Larry for a two year period with monthly rent payment. What type of leasehold estate is involved in this transaction?

4) Charles rents a home from Woodley on a month- to- month basis. On June 1, Woodley gives proper notice to Charles that he wishes to terminate the tenancy on August 31. On September2, Charles has still has not vacated the property. Under what kind of tenancy is Charles now holding possession?

5) Use a simple sketch to show the location of T5S, R6E. Appropriately label the principal meridian, base line, and each of the range and township lines in the sketch.

6) Use a simple sketch to show the location of the parcel described as the NW of the NE of the SE of the SE of a section. How many square feet dose the parcel contain?

7) Fred leases a building from George for his new restaurant. To increase his business, Fred installs an antique bar in the center of the restaurant, complete with water and drain lines. A year later, Freds business is so successful he decides to move to a larger building. He plans to remove the bar and take it to the new location, but George protests, claiming the bar is a fixture and cannot be removed. Dose Fred have to remove the bar? Why or way not?

8) Distinguish between the riparian rights doctrine and the prior appropriation doctrine of water rights?