The Non-Freehold Estates Self-Quiz

 

 

 

 

 

 

 

 

A life estate is considered a greater interest in land than a term of years because…
Choice 1 a life estate lasts a longer period of time
Choice 2 a holder of a life estate does not have to avoid ruining the property, while the holder of a term of years does
Choice 3 a life estate has the potential to last for perpetuity
Choice 4 a life estate is a freehold estate, while a term of years is not

A term of years must last at least…

Choice 1 1 week
Choice 2 6 months
Choice 3 1 year
Choice 4 there is no minimum time period for how long a term of years must last
Roper has an apartment building. Jack has a month-to-month tenancy that expires on the first of each month. On September 15, Jack invites Janet, Roper’s sworn enemy, to live in the apartment. Roper wants to evict Jack as quickly as possible. Assuming he gives notice right away, when is the earliest Roper can evict Jack?
Choice 1 September 15
Choice 2 October 1
Choice 3 October 15
Choice 4 November 1
Roper has an apartment building. Jack has a periodic tenancy, but the periods are not set. Jack pays rent of $20,000 on January 1 of every year. On March 15, 2003, Jack invites Janet, Roper’s sworn enemy, to live in the apartment. Roper wants to evict Jack as quickly as possible. Assuming he gives notice right away, when is the earliest Roper can evict Jack?
Choice 1 January 1, 2004, because it is considered a year to year periodic tenancy
Choice 2 January 1, 2005, because it is considered a year to year periodic tenancy
Choice 3 September 15, 2003, because it is considered a year to year periodic tenancy
Choice 4 April 15, 2003, because it is considered a month to month periodic tenancy
Roper has an apartment building. Jack has a 5 year "term of years" in one of the apartments. At the end of that term, Jack continues to live in the apartment and Roper tells him “Okay, you can stay here under the same rent and conditions as before your term of years expired.” What interest does Jack have in the apartment?
Choice 1 a term of years
Choice 2 a periodic tenancy
Choice 3 a tenancy at will
Choice 4 a tenancy at sufferance

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