VT Bar VT Bar Property 1

Question 1

In Vermont, the recording act is which type?

Accepted Answer

Race-notice statute

Answer

Vermont follows a race-notice recording statute, requiring a subsequent purchaser to record first AND take without notice of prior conveyances to prevail.

Question 2

A fee simple absolute is best described as which of the following?

Accepted Answer

The most complete form of property ownership with no conditions or limitations

Answer

A fee simple absolute is the most complete form of real property ownership, lasting forever with no conditions, limitations, or possibility of reversion.

Question 3

Under Vermont law, adverse possession requires possession that is open, notorious, hostile, exclusive, and continuous for how many years?

Accepted Answer

15 years

Answer

Vermont requires 15 years of open, notorious, hostile, exclusive, and continuous possession to establish a claim of adverse possession.

Question 4

Which type of co-tenancy includes a right of survivorship so that a deceased co-owner's interest automatically passes to the surviving co-owner?

Accepted Answer

Joint tenancy

Answer

Joint tenancy includes the right of survivorship, meaning that upon a joint tenant's death, their interest automatically vests in the surviving joint tenant(s).

Question 5

An easement appurtenant benefits which party?

Accepted Answer

The owner of the dominant estate

Answer

An easement appurtenant benefits the owner of the dominant estate and runs with that land upon transfer.

(VT Bar) Vermont Bar Exam Practice Test

(VT Bar) Vermont Bar Exam Practice Test

VT Bar VT Bar Property 1