Exam 41: Nature of Real Property

A fee simple owner of property, whether real or personal, has the right to possess the property for a limited time.

Minerals under the soil and the waters on it are not considered real property.

Annual crops, such as corn or soybeans, and severed vegetation are considered to be _____ .

A _____ occurs when two or more people own property such that when one owner dies, that owner's interest in the property passes to a person named in the deceased's will.

Crops such as clovers and grasses are classified as real property until severed from a land.

Personal property becomes real property if it cannot be removed without damaging the property.

Nine states in the U.S.A. recognize a form of ownership called community property.

_____ consists of land, including the actual soil, and all permanent attachments to the land, such as fences, walls, and other additions.

Dirt deposited along the boundary of real property is not added to it.

_____ is the addition to land as a result of the gradual deposit by water of solids.

A person owning an estate for a lifetime is called a life owner.

Define adverse possession.

Which of the following best describes partition?

Personal property attached to land or a building that becomes a part of the land is known as a(n) _____.

A _____ exists when two or more people own property and on the death of one, the remaining owner(s) own the entire property free of any interest of the deceased.

A _____  is the largest and most complete right that one may possess in property.

A tenancy by the entirety can exist only between a husband and wife.

An individual may acquire title to real property by occupying the land owned by another for a period fixed by statute.

A color of title arises from some defective document purporting to be a deed or a will.

An easement gives an exclusive right to possession.