Deck 32: Estates in Real Property

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Question
What term describes personal property which is permanently attached to real property and becomes part of the real property?

A) Fee
B) Fixture
C) Estate
D) Defeasible estate
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Question
At common law, what estates were considered to be real property?

A) Freehold
B) Leasehold
C) All of the above
D) None of the above
Question
What term describes the largest estate that one can own in land?

A) Fee
B) Fee absolute
C) Fee simple
D) All of the above
Question
Today, what words may be omitted in a deed creating a fee simple estate?

A) "And his heirs"
B) Apt words
C) All of the above
D) None of the above
Question
What term describes an estate restricting ownership of real property to a particular family bloodline?

A) Fee tail estate
B) Fee family estate
C) Fee bloodline estate
D) All of the above
Question
What is the origin of an estate restricting ownership of real property to a particular family bloodline?

A) King's order
B) Tradition
C) English common law
D) English statute
Question
In the feudal England, what did the word "fealty" mean?

A) Particular service
B) Payment
C) Allegiance
D) Social rank
Question
In the feudal England, what term described the service that required the tenant to plow the lord's land?

A) Cornage
B) Villeinage
C) Socage
D) Frank-almoign
Question
In the feudal England, what did the term "feoffor" mean?

A) Tenant
B) Knight
C) Landlord
D) Royalty
Question
In the feudal England, what did the word "esquire" mean?

A) Social rank
B) Profession
C) Title
D) None of the above
Question
In the feudal England, what term described the land that restricted ownership to men in the family line?

A) Estate tail esquire
B) Estate tail special
C) Estate tail male
D) Estate tail gentlemen
Question
What term describes a grantor's interest in a determinable fee estate?

A) Occasion of reverter
B) Possibility of reverter
C) Likelihood of reverter
D) Prospect of reverter
Question
What term describes an estate in real property that is capable of coming to an end automatically due to the happening of some event?

A) Fee
B) Fee simple determinable
C) Fee simple ending
D) Leasehold estate
Question
What is an example of a defeasible estate?

A) Fee simple determinable
B) Determinable fee
C) Fee simple subject to a condition subsequent
D) All of the above
Question
What term describes the owners of life estates?

A) Life tenants
B) Uninterrupted tenants
C) Occupying tenants
D) Perpetual tenants
Question
What is included in waste?

A) Destruction of premises
B) Alteration of premises
C) Deterioration of premises
D) All of the above
Question
What legal life estates may be created by the operation of law?

A) Rights of dower
B) Rights of curtesy
C) Both A and B
D) Estate pur autre vie
Question
What term describes an estate continuing for successive periods until one of the parties terminates it?

A) Week-to-week tenancy
B) Month-to-month tenancy
C) Periodic tenancy
D) All of the above
Question
What term describes an estate for an indefinite period?

A) Tenancy in perpetuity
B) Tenancy at will
C) Tenancy indefinite
D) All of the above
Question
What kind of tenancy is the one described "until the corn has been harvested"?

A) Tenancy with a condition
B) Tenancy for a season
C) Tenancy for years
D) Tenancy for a purpose
Question
Estates are divided into three groups.
Question
Usually, fixtures stay with noncommercial property when real estate is sold.
Question
The fee simple estate gives the owner absolute ownership.
Question
If the words "and his heirs" were omitted from the deed, the grantee received a fee simple absolute estate.
Question
In England, in the 13th century, a fee tail estate has been created by a king's order.
Question
The purpose of a fee tail estate was to keep the land in the family forever.
Question
In the early feudal period, a life estate could be transferred by a tenant without his lord's permission.
Question
In the feudal England, a payment called relief was the precursor of our modern estate tax.
Question
If the event that may terminate the estate never occurs, the determinable fee estate will be absolute.
Question
A fee simple determinable estate is a defeasible estate.
Question
When one holds property for the duration of the life of another person, it is known as a reminder interest.
Question
Life tenants are entitled to possession of the property.
Question
Tenancy at will is a type of a freehold estate.
Question
A tenant at sufferance continues to occupy the premises after his or her lease has expired.
Question
In tenancy for years, there is no stated ending date of the tenancy.
Question
The ground and anything permanently attached to it is called ________ property.
Question
The fee simple ________ estate is the largest estate that a person can own in land.
Question
Long ago, a fee________ estate was created by a deed containing the words "To (a person) and his heirs."
Question
If a certain family's bloodline became extinct, the fee ________ estate reverted to the original owner's line.
Question
In return for land, each tenant agreed to do for his lord a particular service called ________.
Question
If the event occurs, the ________ fee estate will come to an end.
Question
An estate that a person holds during the life of another person is called pur ________ vie estate.
Question
An estate limited in duration to the life of the owner is called a(n) ________ estate.
Question
When the tenant continues to occupy the premises after the expiration of his or her lease, this is called tenancy at ________.
Question
At common law and in most states today, ________ estates are treated as personal property rather than real property.
Question
Match the terms with their descriptions:

-Fee

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Reversionary interest

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Nominal

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Tenancy for years

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Apt words

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Defeasible estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Condition subsequent

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Leasehold estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Match the terms with their descriptions:

-Fee tail estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Question
Identify a fee tail estate and its types. Explain the purpose of a fee tail estate and its place in the modern legal system.
Question
Define a life estate. Identify limitations on a life tenant's ownership and discuss them.
Question
Define a leasehold estate. Compare and contrast tenancy for years and tenancy at will.
Question
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.
Question
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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Deck 32: Estates in Real Property
1
What term describes personal property which is permanently attached to real property and becomes part of the real property?

A) Fee
B) Fixture
C) Estate
D) Defeasible estate
Fixture
2
At common law, what estates were considered to be real property?

A) Freehold
B) Leasehold
C) All of the above
D) None of the above
Freehold
3
What term describes the largest estate that one can own in land?

A) Fee
B) Fee absolute
C) Fee simple
D) All of the above
All of the above
4
Today, what words may be omitted in a deed creating a fee simple estate?

A) "And his heirs"
B) Apt words
C) All of the above
D) None of the above
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5
What term describes an estate restricting ownership of real property to a particular family bloodline?

A) Fee tail estate
B) Fee family estate
C) Fee bloodline estate
D) All of the above
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Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
6
What is the origin of an estate restricting ownership of real property to a particular family bloodline?

A) King's order
B) Tradition
C) English common law
D) English statute
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Unlock for access to all 60 flashcards in this deck.
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k this deck
7
In the feudal England, what did the word "fealty" mean?

A) Particular service
B) Payment
C) Allegiance
D) Social rank
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Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
8
In the feudal England, what term described the service that required the tenant to plow the lord's land?

A) Cornage
B) Villeinage
C) Socage
D) Frank-almoign
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Unlock for access to all 60 flashcards in this deck.
Unlock Deck
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9
In the feudal England, what did the term "feoffor" mean?

A) Tenant
B) Knight
C) Landlord
D) Royalty
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k this deck
10
In the feudal England, what did the word "esquire" mean?

A) Social rank
B) Profession
C) Title
D) None of the above
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11
In the feudal England, what term described the land that restricted ownership to men in the family line?

A) Estate tail esquire
B) Estate tail special
C) Estate tail male
D) Estate tail gentlemen
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Unlock Deck
k this deck
12
What term describes a grantor's interest in a determinable fee estate?

A) Occasion of reverter
B) Possibility of reverter
C) Likelihood of reverter
D) Prospect of reverter
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13
What term describes an estate in real property that is capable of coming to an end automatically due to the happening of some event?

A) Fee
B) Fee simple determinable
C) Fee simple ending
D) Leasehold estate
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14
What is an example of a defeasible estate?

A) Fee simple determinable
B) Determinable fee
C) Fee simple subject to a condition subsequent
D) All of the above
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15
What term describes the owners of life estates?

A) Life tenants
B) Uninterrupted tenants
C) Occupying tenants
D) Perpetual tenants
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Unlock Deck
k this deck
16
What is included in waste?

A) Destruction of premises
B) Alteration of premises
C) Deterioration of premises
D) All of the above
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Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
17
What legal life estates may be created by the operation of law?

A) Rights of dower
B) Rights of curtesy
C) Both A and B
D) Estate pur autre vie
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Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
18
What term describes an estate continuing for successive periods until one of the parties terminates it?

A) Week-to-week tenancy
B) Month-to-month tenancy
C) Periodic tenancy
D) All of the above
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Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
19
What term describes an estate for an indefinite period?

A) Tenancy in perpetuity
B) Tenancy at will
C) Tenancy indefinite
D) All of the above
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20
What kind of tenancy is the one described "until the corn has been harvested"?

A) Tenancy with a condition
B) Tenancy for a season
C) Tenancy for years
D) Tenancy for a purpose
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21
Estates are divided into three groups.
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22
Usually, fixtures stay with noncommercial property when real estate is sold.
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23
The fee simple estate gives the owner absolute ownership.
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24
If the words "and his heirs" were omitted from the deed, the grantee received a fee simple absolute estate.
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k this deck
25
In England, in the 13th century, a fee tail estate has been created by a king's order.
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26
The purpose of a fee tail estate was to keep the land in the family forever.
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k this deck
27
In the early feudal period, a life estate could be transferred by a tenant without his lord's permission.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
28
In the feudal England, a payment called relief was the precursor of our modern estate tax.
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k this deck
29
If the event that may terminate the estate never occurs, the determinable fee estate will be absolute.
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30
A fee simple determinable estate is a defeasible estate.
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31
When one holds property for the duration of the life of another person, it is known as a reminder interest.
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32
Life tenants are entitled to possession of the property.
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33
Tenancy at will is a type of a freehold estate.
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34
A tenant at sufferance continues to occupy the premises after his or her lease has expired.
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35
In tenancy for years, there is no stated ending date of the tenancy.
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36
The ground and anything permanently attached to it is called ________ property.
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37
The fee simple ________ estate is the largest estate that a person can own in land.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
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k this deck
38
Long ago, a fee________ estate was created by a deed containing the words "To (a person) and his heirs."
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
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k this deck
39
If a certain family's bloodline became extinct, the fee ________ estate reverted to the original owner's line.
Unlock Deck
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k this deck
40
In return for land, each tenant agreed to do for his lord a particular service called ________.
Unlock Deck
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k this deck
41
If the event occurs, the ________ fee estate will come to an end.
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42
An estate that a person holds during the life of another person is called pur ________ vie estate.
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43
An estate limited in duration to the life of the owner is called a(n) ________ estate.
Unlock Deck
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k this deck
44
When the tenant continues to occupy the premises after the expiration of his or her lease, this is called tenancy at ________.
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k this deck
45
At common law and in most states today, ________ estates are treated as personal property rather than real property.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
46
Match the terms with their descriptions:

-Fee

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
47
Match the terms with their descriptions:

-Reversionary interest

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
48
Match the terms with their descriptions:

-Estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
49
Match the terms with their descriptions:

-Nominal

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
50
Match the terms with their descriptions:

-Tenancy for years

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
51
Match the terms with their descriptions:

-Apt words

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
52
Match the terms with their descriptions:

-Defeasible estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
53
Match the terms with their descriptions:

-Condition subsequent

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
54
Match the terms with their descriptions:

-Leasehold estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
55
Match the terms with their descriptions:

-Fee tail estate

A) Estate that can be lost
B) Right to the future enjoyment of property that one originally owned
C) Ownership interests
D) Largest estate a person can own in land
E) Qualification that comes later
F) Estate for a definite or fixed period of time
G) Restricts ownership of real property to a particular family bloodline
H) Estate that is less than a freehold estate
I) Suitable words
J) In name only
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
56
Identify a fee tail estate and its types. Explain the purpose of a fee tail estate and its place in the modern legal system.
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57
Define a life estate. Identify limitations on a life tenant's ownership and discuss them.
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58
Define a leasehold estate. Compare and contrast tenancy for years and tenancy at will.
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59
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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60
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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Unlock Deck
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