Property Law & Real Estate Flashcards

A tenant's right to use leased premises without unlawful interference from the landlord is the covenant of:

Answer: Quiet enjoyment

Quiet enjoyment protects the tenant's possession and use of the premises.

Which lease type has the tenant pay base rent plus most property expenses such as taxes, insurance, and maintenance?

Answer: Net lease

In a net lease the tenant bears some or all operating expenses beyond rent.

A company wants to change locks and add access control to leased space. The FSO should first:

Answer: Review the lease for alteration clauses and obtain landlord consent where required

Alterations often require landlord approval under the lease terms.

Adverse possession generally requires possession that is:

Answer: Open, notorious, continuous, hostile, and for the statutory period

Claimants must meet each element for the period set by state law.

A survey of a facility site primarily establishes:

Answer: Precise boundaries and encroachments

Surveys document property lines, easements, and structures relative to boundaries.

Property owned by two people with each owner holding the right of survivorship is held as:

Answer: Joint tenancy

Joint tenancy includes the right of survivorship, passing the share to surviving owners.

A facility fence is built two feet over the neighbor's boundary line. This is an example of a(n):

Answer: Encroachment

An encroachment is an intrusion of a structure onto another's land.