Exam 32: Estates in Real Property

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Match the terms with their descriptions: -Leasehold estate

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A tenant at sufferance continues to occupy the premises after his or her lease has expired.

(True/False)
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What term describes personal property which is permanently attached to real property and becomes part of the real property?

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Match the terms with their descriptions: -Condition subsequent

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What term describes the largest estate that one can own in land?

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Tenancy at will is a type of a freehold estate.

(True/False)
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An estate that a person holds during the life of another person is called pur ________ vie estate.

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If the words "and his heirs" were omitted from the deed, the grantee received a fee simple absolute estate.

(True/False)
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Brenda wants to grant her real estate to a church so that Brenda's premises will be used by the church to house visiting missionaries. Discuss what phrase should be put in the deed and what type of estate will be created as a result of this conveyance.

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Define a leasehold estate. Compare and contrast tenancy for years and tenancy at will.

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What term describes an estate for an indefinite period?

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In the feudal England, what term described the land that restricted ownership to men in the family line?

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Define a life estate. Identify limitations on a life tenant's ownership and discuss them.

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What is the origin of an estate restricting ownership of real property to a particular family bloodline?

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What term describes an estate continuing for successive periods until one of the parties terminates it?

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Match the terms with their descriptions: -Nominal

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If the event that may terminate the estate never occurs, the determinable fee estate will be absolute.

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James owns an orange farm, a log cabin, and a bungalow on the beach. He wants to lease the farm until the end of the harvesting of oranges and the log cabin - for an indefinite period. James does not want to lease his beach property for a long period of time because he likes to use it occasionally. Discuss how James can accomplish his goals with leasing his real property.

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Long ago, a fee________ estate was created by a deed containing the words "To (a person) and his heirs."

(Short Answer)
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When the tenant continues to occupy the premises after the expiration of his or her lease, this is called tenancy at ________.

(Short Answer)
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