Question 1

Under the prior appropriation theory, the first person to appropriate water for a beneficial use has priority over later users.

Accepted Answer

A) True 
 B)False

Question 2

Goodman and Davis live in an area of New York City in which there is a 20-story limit on buildings.Goodman owns a 12-story building.Davis wishes to build a 26-story building.Goodman wants to sell Davis a portion of his unused air rights.The air rights being sold in this scenario are called:

Accepted Answer

A)  ad coelum rights.
B)  ad inferos rights.
C)  transferable development rights.
D)  air capture rights.E) All of the above
F) B) and C)

Exam 3: The Scope of Real Property

Under the prior appropriation theory, the first person to appropriate water for a beneficial use has priority over later users.

Correct Answer
verified

Goodman and Davis live in an area of New York City in which there is a 20-story limit on buildings.Goodman owns a 12-story building.Davis wishes to build a 26-story building.Goodman wants to sell Davis a portion of his unused air rights.The air rights being sold in this scenario are called:

Correct Answer
verified

Exam 3: The Scope of Real Property

Under the prior appropriation theory, the first person to appropriate water for a beneficial use has priority over later users.

Correct AnswerverifiedShow Answer

Goodman and Davis live in an area of New York City in which there is a 20-story limit on buildings.Goodman owns a 12-story building.Davis wishes to build a 26-story building.Goodman wants to sell Davis a portion of his unused air rights.The air rights being sold in this scenario are called:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified