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5 Written Questions

5 Matching Questions

  1. Conveyance
  2. Estate at Will
  3. Fee Simple Determinable
  4. Method of Acquiring Ownership to Real Property
  5. Life Estate
  1. a Estate of real property the duration of which is measured by the life or lives of one or more persons.
  2. b Ownership in real property that is limited to expire automatically on the happening or nonhappening of an event that is stated in the deed of conveyance or the will creating the estate.
  3. c Estate of real property the duration of which is for n indefinite period. An estate at will can be terminated at the will of the parties.
  4. d The transfer of title of some of all of the ownership rights to real property from one person to another. A conveyance is usually by instrument such as a deed, lease, or mortgage.
  5. e Inheritance, Devise, Gift, Sale and Adverse Possession

5 Multiple Choice Questions

  1. Legal document by which a person disposes of his property. A will takes effect on the death of the maker of the will.
  2. Occupation of land evidenced by visible acts such as enclosure, cultivation, the construction of improvements, or the occupancy of existing improvements.
  3. Fee Simple (Fee Simple Absolute), Fee Simple Determinable, Fee Simple on Condition Subsequent, Life Estate, Estate for Years, Estate at Will.
  4. Action or nonaction that causes a loss of value to real property.
  5. Property that has a physical substance- something you can hold, see or hear.

5 True/False Questions

  1. Adverse PossessionOccupation of land evidenced by visible acts such as enclosure, cultivation, the construction of improvements, or the occupancy of existing improvements.

          

  2. InheritanceThe transfer of title of some of all of the ownership rights to real property from one person to another. A conveyance is usually by instrument such as a deed, lease, or mortgage.

          

  3. DeviseTransfer of real property by means of a last will and testament.

          

  4. Color of TitleA form of adverse possession where the original possession of the property by a prescriber is based upon a written instrument such as a deed or a court decree.

          

  5. Riparian RightsRights of the owners of lands adjoining streams, rivers and lakes relating to the water and its use.

          

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