Review Questions

Chapter 13: The Law of Property

  1. What is necessary to convert a mountain (or any piece of land) into what we call Property?
  2. What is a mortgage?
  3. What do we call the right to use the land of another for a specific purpose?
  4. What is the difference between a fee simple absolute and a life estate?
  5. What is the name for the acquisition of title by virtue of longterm possession (rather than by transfer)?
  6. What is a bailment?
  7. What is the advantage of a trust over a will in passing property to beneficiaries?
  8. When can the government take private property?
  9. What were the grounds the Supreme Court used to uphold the power of local government to restrict land use without paying compensation (in Euclid v. Ambler 1926)?
  10. What is equal ownership with right of survivorship?

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