#1
Which legal term refers to the transfer of property after a person's death according to their will?
Probate
ExplanationProbate involves the legal transfer of property based on a person's will after death.
#2
What is the primary purpose of a property deed?
To transfer ownership of real estate
ExplanationA property deed serves to transfer ownership rights of real estate from one party to another.
#3
What is 'zoning' in property law?
The division of land into different designated zones for specific uses
Explanation'Zoning' involves categorizing land into zones for specific, regulated purposes.
#4
What is the legal principle of 'quiet enjoyment' in property law?
The right to peaceful and undisturbed possession and use of one's property
ExplanationThe legal principle of 'quiet enjoyment' ensures the right to peaceful and undisturbed possession and use of one's property.
#5
What does the 'doctrine of fixtures' address in property law?
The classification of items as personal or real property based on attachment to the land
ExplanationThe 'doctrine of fixtures' determines whether items are personal or real property based on their attachment to the land.
#6
What is the primary purpose of property rights?
To promote economic efficiency and individual liberty
ExplanationProperty rights aim to balance economic efficiency and individual freedom.
#7
Which legal concept refers to the exclusive right to use, sell, or license intellectual property?
Copyright
ExplanationCopyright grants exclusive rights to use, sell, or license intellectual property.
#8
In property law, what does 'caveat emptor' mean?
Let the buyer beware
Explanation'Caveat emptor' advises buyers to be cautious and take responsibility for their purchases.
#9
What is the doctrine of 'estoppel' in property law?
A legal principle that prevents a person from asserting rights they previously waived
ExplanationThe doctrine of 'estoppel' bars individuals from asserting rights they have previously waived or denied.
#10
What is the concept of 'eminent domain' in property law?
The right of the government to take private property for public use with just compensation
Explanation'Eminent domain' grants the government the right to acquire private property for public use, compensating the owner fairly.
#11
What is adverse possession in property law?
Acquiring ownership by occupying and using the land openly without the owner's permission
ExplanationAdverse possession is gaining ownership through open, unauthorized land use.
#12
What is the 'bundle of rights' in property law?
The rights and interests that come with owning property
ExplanationThe 'bundle of rights' encompasses the various rights and interests associated with property ownership.
#13
Which type of easement allows someone to use another person's land for a specific purpose, such as accessing a neighboring property?
Affirmative easement
ExplanationAn affirmative easement grants specific usage rights on another person's land for a defined purpose.
#14
What is the significance of the 'rule against perpetuities' in property law?
It limits the duration of future interests in property
ExplanationThe 'rule against perpetuities' restricts the duration of future property interests to prevent indefinite control.
#15
In property law, what is the difference between a lease and a license?
A lease grants ownership, while a license grants permission to use
ExplanationA lease conveys ownership rights, while a license provides permission for specific property use.