FREE ID BAR Real Property Questions and Answer

Question 1

Under Idaho law, which of the following is NOT a requirement for establishing a claim of adverse possession?

Accepted Answer

Permission from the original owner to use the property

Answer

Actual possession of the property

Answer

Continuous and uninterrupted possession for a statutory period

Answer

Payment of property taxes on the property

Question 2

In a real estate transaction, what does the term “marketable title” refer to in Idaho?

Accepted Answer

A title free of any defects or encumbrances

Answer

A title that can be sold for a fair market price

Answer

A title that is not currently being disputed in court

Answer

A title that is insured by a title insurance company

Question 3

Which of the following best describes a “tenancy by the entirety” in Idaho?

Accepted Answer

A type of co-ownership that is not recognized in Idaho

Answer

Ownership shared equally by two or more people, with the right of survivorship

Answer

A form of joint ownership where one co-tenant can sell their interest independently

Answer

A tenancy that allows a single owner to transfer property to themselves and another person

Question 4

In Idaho, which of the following is generally required for a real estate contract to be enforceable?

Accepted Answer

Written agreement

Answer

Oral agreement

Answer

Payment of earnest money

Answer

Execution of a deed

Question 5

Which of the following best describes an “easement appurtenant” in Idaho?

Accepted Answer

An easement that benefits the land itself and transfers with the land when sold

Answer

An easement that benefits a specific individual or entity personally

Answer

An easement that is temporary and does not run with the land

Answer

An easement granted by a government entity for public use