Multiple Choice
Which of the following is true with regard to real property law?
A) The essential characteristic of an estate in land is that the owner of the estate, whether it is a fee simple, life estate, or leasehold, has exclusive possession.
B) A true interest less than estate, whether properly registered or not, runs with the land and therefore is an exception to the privity of contract rule.
C) A profit à prendre is a type of restrictive covenant attaching to all the properties within a particular development plan.
D) An easement acquired by prescription must be restrictive in nature to be binding on subsequent purchasers of land.
E) A contract for land in which a person sells the property with a restriction that the new owner not sell to any person of a certain race cannot be challenged by the courts because it is a restrictive covenant that runs with the land.
Correct Answer:

Verified
Correct Answer:
Verified
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