Question: Question 33(1 point) This is the maximum rights or estate permitted by law. Question 33 options: Air rights Leasehold estate Fee Simple defeasible Fee Simple
Question 33(1 point)
This is the maximum rights or estate permitted by law.
Question 33 options:
Air rights
Leasehold estate
Fee Simple defeasible
Fee Simple
Question 34(1 point)
There was a homeowner who signed a valid contract with an oil company to extract oil from underneath her home.The company decided to extract the oil from underneath a neighboring property instead.The homeowner decided to sue the oil company on the grounds that the company committed a technical trespass.What is the likely outcome?
Question 34 options:
The Court will likely agree with the owner because there was a valid contract and the mining company breached the contract.
The Court will likely agree with the owner because the company violated the homeowner through a technical trespass.
The Court will likely agree with the Oil company because there was no technical trespass of the homeowners' land.The oil was extracted legally from another parcel.The homeowner was not injured.
None of the above
Question 35(1 point)
Taylor Swift and Justin Bieber own a house as joint tenants with the right of survivorship.What does this mean?
Question 35 options:
If Taylor dies, then Justin will have to sell the property to collect the remaining portion of the property.
If Taylor dies, Justin becomes the sole owner of the entire property.
If Taylor dies, the house becomes property of the estate and belong to only Taylor's heirs.
If Taylor dies, the house becomes property of the state.
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