Exam 48: Real Property
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Exam 48: Real Property98 Questions
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A tenant in common can sell his or her interest in the property without the consent of the other co-owners.
(True/False)
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(38)
A joint tenant does not have the right to sell or transfer his or her interest in the property.
(True/False)
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(40)
Which of the following provisions protects the interest of a joint tenancy upon the death of a joint tenant?
(Multiple Choice)
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(30)
Future interest in real property refers to an interest in ________.
(Multiple Choice)
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(34)
A fee simple owner has the right to exclusively possess and use his or her property to the extent that the owner has not transferred any interest in the property.
(True/False)
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The land over which the easement is granted is called the servient estate.
(True/False)
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Which of the following is true of a tenancy by the entirety?
(Multiple Choice)
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(28)
A(n)________ authorizes a person who does not own adjacent land the right to use another person's land.
(Multiple Choice)
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Which of the following is true of an ownership of real property that is fee simple absolute?
(Multiple Choice)
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Karen,Kelsey,Rita,and Lizzi own a large commercial building as concurrent owners.They are tenants with the right to survivorship.Lizzi sells her one-quarter interest in the building to Stella.What kind of concurrent ownership now exists between Karen,Kelsey,Rita,and Stella?
(Multiple Choice)
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(35)
A general warranty deed contains the greatest number of warranties and provides the highest level of protection to a grantee.
(True/False)
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To obtain title under adverse possession,the adverse possessor must physically occupy the property.
(True/False)
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(31)
________ is an interest in real property that lasts for a specified person's lifetime.
(Multiple Choice)
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An easement is an example of nonpossessory interest in another's real property.
(True/False)
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Properties owned by state and federal governments are subject to the doctrine of adverse possession.
(True/False)
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