Real Estate Law 11th Edition By Jennings - Test Bank

Chapter 01 Introduction and Sources of Real Estate Law

TRUEFALSE

1. State statutes are the only reliable source of real estate law.

(A) True

(B) False

Answer : (B)

2. Ordinances are generally enacted by state legislatures.

(A) True

(B) False

Answer : (B)

3. The Code of Federal Regulations is passed by Congress.

(A) True

(B) False

Answer : (B)

4. Both the state and U.S. constitutions have provisions relating to real estate.

(A) True

(B) False

Answer : (A)

5. The Consumer Financial Protection Bureau is an example of a federal agency charged with

enforcing a federal legislative enactment.

(A) True

(B) False

Answer : (A)

6. The Real Estate Settlement Procedures Act is part of the United States Code.

(A) True(B) False

Answer : (A)

7. All federal regulations have a statutory basis in the United States Code.

(A) True

(B) False

Answer : (A)

8. The common law of the United States originated in England.

(A) True

(B) False

Answer : (A)

9. Judicial decisions make up part of the common law.

(A) True

(B) False

Answer : (A)

10. Judicial interpretations of statutes are as much the law as the statutes themselves.

(A) True

(B) False

Answer : (A)

11. Legislative intent is an important factor used by courts in statutory interpretation.

(A) True

(B) False

Answer : (A)

12. Private laws need not comply with constitutional protections.

(A) True

(B) FalseAnswer : (B)

13. Contracts are an example of private law.

(A) True

(B) False

Answer : (A)

14. The rights of property owners in eminent domain proceedings are covered in the U.S.

Constitution.

(A) True

(B) False

Answer : (A)

15. The Fourth Amendment provides privacy protections for property owners.

(A) True

(B) False

Answer : (A)

16. Real estate licensing laws are found at the federal level.

(A) True

(B) False

Answer : (B)

17. State laws on real estate cannot violate the U.S. Constitution.

(A) True

(B) False

Answer : (A)

18. The Internal Revenue Code is part of the Code of Federal Regulations.

(A) True

(B) FalseAnswer : (B)

19. Landlord/tenant statutes